Highest first offer you ever received?

[hugegrowth]

There is always talk about lowball offers, but what is the highest first offer you've ever gotten?

Mine is $5000 for a four letter first name .ca

Second was $3500 for a pronounceable lllll.com

How about you?

 

[copper]

I had $15,000 or $20,000 (can't remember) initial offer for LLLLL.com
However, nothing happened other than few email exchange.

Getting offers mean nothing until it produce completed sales.

 

[rngrdanny22]

Like $900... LOL

 

[Biggie]

$20k for a typo

 

[hugegrowth]

It is nice when the first offer is in the ballpark of what your asking price would be.

 

[katherine]

It is nice when the first offer is in the ballpark of what your asking price would be.

And especially when it's significantly higher than what you would have expected

 

[Vincent]

$200

 

[Raider]

30K from known reseller, declined it.

 

[Johnn]

$10

 

[Theo]

$10

I actually offered $10 plus PayPal fees, John.

 

[vital]

$3k (LLL.net)

 

[Johnn]

The amount is irrelevant IMO.

If you bought a name for $10K and get an offer for $11K vs buying a name for $10 and get an offer for $1K.
Which offer would you rather get?

 

[Onward]

Most of my offers start @$500

I have received a huge starting offer on a name I have no interest in selling - I politely declined...Then they more than tripled their offer and said that was the max - and I declined with no counter as well (just did not tell my wife on that one - she would have killed me for not selling or even negotiating).

 

[stewie]

And especially when it's significantly higher than what you would have expected

funny thing is most of us would reply back asking for more...lmao ound:

 

[Theo]

The amount is irrelevant IMO.

If you bought a name for $10K and get an offer for $11K vs buying a name for $10 and get an offer for $1K.
Which offer would you rather get?

John, did you fail math at school?

From $10k to $11k that's $1,000 profit.
From $10 to $1k that's $990 profit.

 

[Johnn]

Don't worry - She will not kill you until you sold the name and has the money.

Most of my offers start @$500

I have received a huge starting offer on a name I have no interest in selling - I politely declined...Then they more than tripled their offer and said that was the max - and I declined with no counter as well (just did not tell my wife on that one - she would have killed me for not selling or even negotiating).

 

[Johnn]

John, did you fail math at school?

From $10k to $11k that's $1,000 profit.
From $10 to $1k that's $990 profit.

Using $10K to buy $10 names and wait for my chance. We talk about ROI.

 

[rngrdanny22]

John, did you fail math at school?

From $10k to $11k that's $1,000 profit.
From $10 to $1k that's $990 profit.

I think he was talking about profit percentage.

$10K to $11K is only 10% profit
$10 to $1K is like 10,000% profit



Edit, he posted before I could get it out...

 

[hugegrowth]

The amount is irrelevant IMO.

Yes, but the person offering usually doesn't know what you paid for the domain. A large first offer is kind of special because so often the first offer is low, no matter what the name. A large first offer on a domain you paid reg fee for is even more special.

 

[Johnn]

In any type of business, cash is king. That's why I stop buying LLL.com names several years ago after I sold about 30 of them.
You get a high offer but you have to invest a lot of money and it's risky for these acronyms dot com.
I switch to LLL .net and .org and have sold many in the range of $5-$10K recently.