NetSol Escrow ??

[Creature]

Thanks Ron, I appreciate your advice. Would asking for a higher price (just after the deal has ended) be 'bad form' on my part?

The other idea was to develop the site into a financial blog but the name doesn't get much traffic.

 

[denny007]

Since they canceled the deal, you're back in the driver's seat ... say the price is $25K or heck even much more - but whatever number you choose, don't dance around the issue ... give them a hard, firm bottom line number...

Be prepared to wait them out and expect lots of back and forth, but all the time stay firm and keep the emails straight to the point; ignore extraneous questions they may ask to avoid getting baited into a corner.

And furthermore be clear about the terms - do escrow for sure (escrow.com is easiest for big deals, though Moniker is good too) ... don't go into techie stuff about pushing / transferring ... do the escrow and then worry about that stuff when the appropriate time comes.

Good luck.

Ron

Don't do that if you think its great offer you wil never get again. They could get pissed off. Also it would be rather "filthy".

Escrow.com IS DANGEROUS - they do NOT do escrow for the domain, just for the money. Always Moniker.

 

[Domagon]

If you already did much negotiation on the price and feel it's the best you will ever get from anyone, then it may be easiest to go with $15K like before.

However, if the domain is of a highly generic nature and/or you have received other decent offers in the past, even if much lower, then holding out may be worthwhile and profitable, though certainly there are no guarantees.

Going higher may come across badly to some buyers, but this is business ... if they really wanted it at $15K, then they shouldn't have "canceled" the purchase. Something is worth what another is willing to pay - if they come back to you after they've already "canceled", they're likely willing to pay $15K and then some ... whatever amount, within reason, just to get the deal done

Speaking of escrow - escrow.com only handles the financial side of the transaction, but that's where most problems happen. For extra security, Moniker is excellent ... but will add time and complexicity - if you're relatively certain you're dealing with a bonafide buyer who has real assets, escrow.com is likely sufficiently safe enough.

Ron

 

[Creature]

I don't have the balls to ask for more money. However at worst I might keep it and develop a blog. Yes this is a totally generic domain name.

 

[denny007]

I don't have the balls to ask for more money. However at worst I might keep it and develop a blog. Yes this is a totally generic domain name.

Tell us OVT without, how many words and whats the bids in overture, for example cheaploans.com - 2 words, OVT wo 6117, 38 bids, 2nd highest $1.20, 4th highest $0.50, singular/plural about 50/50

 

[Creature]

Denny. The domain is 8 letters. Overture around zero. Very similar to MoneyPoint .com, something like that.

I would appreciate your opinion.

 

[denny007]

Denny. The domain is 8 letters. Overture around zero. Very similar to MoneyPoint .com, something like that.
I would appreciate your opinion.

Do not bargin anymore, take it. If for example MoneyPoint.com would be in drops, I wouldn't even bid on it.

 

[Creature]

Looks like payment is on the way.