Do brokerages do more harm than good?

kspd · Jan 30, 2010

A while ago I was looking for a specific domain name and saw it was parked and listed for sale.
I used the contact form which took me to domain broker.

I offered a low $XXX and someone contacted me back and said it was too low.
I send an email back and offered a high $XXX.
I was told again too low. So I said it will make things easier if you just tell me the minimum price you will accept. The person contacted me back with $XXXX and although I was really considering it.. It was just out of my range at the time.

However, I was still very interested in the name and added it to my watch list just in case it might drop one day. Sure enough, 6 months later it dropped and I got it on NameJet for $69.

It would seem that the brokerage failed their client here. Before their client decided to let the name drop because he could not sell it for $XXXX. Shouldn't they have told the client they have one person who will pay $XXX and gotten back in touch with me?

Biggie · Jan 30, 2010

kspd said:
A while ago I was looking for a specific domain name and saw it was parked and listed for sale.
I used the contact form which took me to domain broker.

I offered a low $XXX and someone contacted me back and said it was too low.
I send an email back and offered a high $XXX.
I was told again too low. So I said it will make things easier if you just tell me the minimum price you will accept. The person contacted me back with $XXXX and although I was really considering it.. It was just out of my range at the time.

However, I was still very interested in the name and added it to my watch list just in case it might drop one day. Sure enough, 6 months later it dropped and I got it on NameJet for $69.

It would seem that the brokerage failed their client here. Before their client decided to let the name drop because he could not sell it for $XXXX. Shouldn't they have told the client they have one person who will pay $XXX and gotten back in touch with me?

you'll see many examples like that

and it has nothing to do with brokers

some of us domainers do it as an inventory reduction practice

example: you send me an offer, i say it's too low, you come back and again, i say it's too low

in my mind, i will only sell for $,$$$ and will let the domain expire, rather than selling for $$$

now that's not logical, from a biz perspective....but it happens quite often.

you're not the first person to ever buy a domain @ $59, that previously was being priced in $,$$$ range or higher.

and you won't be the last

imo...