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How and why we acquired our .com domain

advaitruia.com

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Re: How and why we acquired our .com domain

#11

Post by Scoundreller »

canadiantim wrote: post #9

Honestly the key is to be patient. Put it a low-ball offer on a .com you want then wait. They'll reject initially, then they'll contact you again every couple months to see if you're still interested. Keep the low-ball offers going, maybe increasing by very small increments. Eventually you will catch them in a moment where the seller is desperate and then you strike a deal. I got a 6 letters .com domain for $3k down…

> Keep the low-ball offers going, maybe increasing by very small increments.

Or maybe decreasing by very small amounts to show them the direction the negotiations are going to go if they keep it up.

Re: How and why we acquired our .com domain

#12

Post by joshmanders »

IMHO getting the domain you want is key, don't get a domain that will suffice with the idea you'll get the domain you want later. Because it's always hard to do things later.

I've got many domains I paid $5k+ for sitting in my portfolio unused because I wasn't going to settle on mediocre domain to save a few bucks for a business I expect to make that amount in MRR within a year.

Re: How and why we acquired our .com domain

#13

Post by advaitruia »

sirstan wrote: post #7

Is there a bit of story missing between: > After a few hours, the broker sent me this from the seller.. > "Our price is final on this one" and > ... we got a great deal on his broker fees and paid $4,000 all said and done It read as though the seller was firm on $8k, but then sold for $4k?

Yup, that was not clear. It was a typo and I've corrected it to $8K (this was for the domain). Thank you for pointing this out

The broker was $1-1.5K

Re: How and why we acquired our .com domain

#14

Post by sedatk »

ceejayoz wrote: post #10
canadiantim wrote: post #9

Honestly the key is to be patient. Put it a low-ball offer on a .com you want then wait. They'll reject initially, then they'll contact you again every couple months to see if you're still interested. Keep the low-ball offers going, maybe increasing by very small increments. Eventually you will catch them in a moment where the seller is desperate and then you strike a deal. I got a 6 letters .com domain for $3k down…

I got one of my personal domains back for $100 after years of various different squatters asking between $2k and $10k for it. "Literally no one else will ever buy this particular domain from you, take the win" finally worked.

The price was $100 + “years”, not $100.

Re: How and why we acquired our .com domain

#15

Post by faeyanpiraat »

sedatk wrote: post #14
ceejayoz wrote: post #10

Earlier quoted context omitted.

I got one of my personal domains back for $100 after years of various different squatters asking between $2k and $10k for it. "Literally no one else will ever buy this particular domain from you, take the win" finally worked.

The price was $100 + “years”, not $100.

You must mean that it got even cheaper, as today's $100 is worth a lot less than a couple of years ago.

Re: How and why we acquired our .com domain

#18

Post by ceejayoz »

sedatk wrote: post #14
ceejayoz wrote: post #10

Earlier quoted context omitted.

I got one of my personal domains back for $100 after years of various different squatters asking between $2k and $10k for it. "Literally no one else will ever buy this particular domain from you, take the win" finally worked.

The price was $100 + “years”, not $100.

You say "years", I say "a minute or two annually".

If I'd urgently needed it back, I'd have had to spend more, yes.

Re: How and why we acquired our .com domain

#19

Post by lostlogin »

mhink wrote: post #8
sirstan wrote: post #7

Is there a bit of story missing between: > After a few hours, the broker sent me this from the seller.. > "Our price is final on this one" and > ... we got a great deal on his broker fees and paid $4,000 all said and done It read as though the seller was firm on $8k, but then sold for $4k?

They paid $8k for the domain and $4k to the broker. (At least, that's how I'm reading it- I agree it could be worded more clearly.)

Did the broken do more than offer a couple of opinions? That $4k seems steep.

Re: How and why we acquired our .com domain

#20

Post by jaclaz »

advaitruia wrote: post #13
sirstan wrote: post #7

Is there a bit of story missing between: > After a few hours, the broker sent me this from the seller.. > "Our price is final on this one" and > ... we got a great deal on his broker fees and paid $4,000 all said and done It read as though the seller was firm on $8k, but then sold for $4k?

Yup, that was not clear. It was a typo and I've corrected it to $8K (this was for the domain). Thank you for pointing this out The broker was $1-1.5K

I still do not get it.

>That’s exactly what we did. We had a brief discussion on broker fees, our domain broker had already proved himself and we liked him. The feeling was mutual, we got a great deal on his broker fees and paid $8,000 all said and done.

If you paid 8,000 for the domain and 1,000 or 1,500 for the broker, you paid 9,000 or 9,500, all said and done.

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