One of the positive and negative of daily blogging is the amount of email I receive. A mong all those emails are countless amounts of “I have these domains, would you like to buy them?”.
Ninety nine percent of those emails are trying to sell worthless domains and/or asking prices that are completely unreasonable. You would think that they would know that I habe a pretty good grasp of domain values but for some reason they think I’m Mike Tyson during his spending spree of the 90’s.
But then comes the one percent that makes it all worth it. That email that has a domain that is exactly what you’ve been looking for with an owner that is willing to have an intelligent negotiation. I actually had that the other day and ended up buying a nnnn.com and a LNN.com both at what I thought were fair prices. I could also tell that this was a seasoned domain investor and that he bought the names early and was making good money as well. It seemed to be a win win situation. He also turned out to be a nice guy that I will keep in touch with. All in all a great transaction.
Another benefit of being “known” in this industry is people feel comfortable pushing the domain before I pay. Since I don’t know them I always require this or we’ll use escrow. In this case he pushed the domains and I immediately sent the money. So I ask this question. How often do you email other domainers or how many domains do you buy from blind emails?