So I got an offer for a domain that I paid $800 for. X🖼 (that’s a frame) in the dot com. The offer came in the $1000 range. I was actually wanting to sell a few domains to free up some cash because I’m wanting to buy more domains. I’ve blown through my summer money already (on domains and taxes) and I’ve got quarterly taxes this week so I could use a sale. And I’m addicted to buying domains. So I countered at $7800. I really think I could get more for it later but she found me at a good time.
They countered at $3K which didn’t do it for me. I want to sell but not that bad. I responded with $7500. They came back with that was as high as they could go. I responded with a sorry but not interested at that price and wished them well in their project. A few days later they came back at $3500 and it was their absolute final price. As I said earlier I was in the mood to sell. So I set my Efty account BIN to $4000 and told them that price would be up all weekend and I would take it down on Sunday night.
Tuesday night they get back to me and said they would still like to buy it at $3500. I told them they missed their chance to buy it at $4000. I had it up for 4 days and they didn’t buy it so I was out. I moved the BIN up to over $10K at Efty but secretly left it at $7800 at Godaddy. Yesterday they asked if I could put the price back to BIN $4000. I didn’t respond and I won’t respond. If they want the name they can use the BINs. I ended up getting my money a different way. I bought call options in AAXN and they doubled so I took my profits and put all of them towards my taxes. Paid and done.
My windows of taking low prices are getting shorter and shorter. It used to be months, then weeks and now I will get in the mood to sell something for a day or two. After that I snap back into the “wait and I’ll get more” mood. Patience comes from 3 things. One, the quality of my names are good enough that I can be patient. There will be another buyer later. Two, experience. Experience tells me that good domains get more valuable with time. Three, if you don’t need the money you can be more patient. My problem is addiction to action. I like buying and selling. So I am usually just buying. Lately I’ve been trading options to get my fix. But when I run out of money I have to wait. And I f’n hate waiting. I have been super fortunate in that somehow I end up making some money right when I’m Jonezing to buy. I hope the trend continues.
Click on the links to see current price and to pay for the gas that runs this site.
Quote of the Day: “Expecting the world to treat you fairly because you are a good person is a little like expecting the bull not to attack you because you are a vegetarian.” — Dennis Wholey
Domain of the Day:
Park.io Names at Auction or Available for Pickup
Brace.io One word usually gets it done in dot io
CoinValues.io I like the name more for checking prices than WorldCoinindex
JN.vc Two letter vc are worth at least $300 based on past auctions
Club.ag Looks like a good gambling name to me
Coffee.ly Doesn’t really roll off the tongue but its coffee. America’s favorite beverage
Namejet and Sedo & More Domains at Action
GraphicMagic.com Sounds like a the newest Canva. 25 years old
WesternSecurity.com If there was a sign at the front door with this on it people would be reluctant to rob the place
Lumos.com Registered in 161, yes 161, extensions
MotivationalBooks.com Get some motivation
BlueCupid.com Sounds like a matchmaking site but could be marriage related
DigitalWindows.com I really think this is the future. Camera on the outside, screen on the inside that shows what’s outside. Never understood why they don’t have this on airplanes. And I can choose a view that’s not over the fucking wing like I usually get
XIndustry.com another nice X name
BeCheap.com “Save some money, be cheap “
CoreWork.com Bonus history and backlinks. Names is solid on its own
Godaddy Domains With Bids
WhiteParrot.com Color + Animal is always a good brand
VotingNews.com A few more weeks of great use. Peaks every 2 years
MoveOut.com Top price on the board today. A few uses. Move Out like the military term to get going or move like move to a new place
SearchDoctors.com Another dual meaning. Look for medical doctors or Drs of SEO
R71.com LNN.coms have all kinds of value. At least 4 figures but can be a whole lot more
OfficeProperty.com Great name despite the fact its in a down turn right now
BusinessGarage.com A ton of great business were actually started in a garage. Or at least that’s the story
SmallApp.com I heard you have a small app
FoamKing.com for some reason I hate any names that end in king. Sounds like some old ass white guy standing in front of the store talking about how his wares are better than the competition
PittsburghSolar.com I think you won’t go wrong owning any major city with solar behind it
Fixzy.com There’s a ton of stuff that needs fixing
VegNow.com Veggies or Vegan. 21 years old
Kathleen.net Worth $500 plus just as an email IMO
ElementalMachines.com Taken in 13 extensions. $4800 value by Godaddy
Godaddy Names With One or NO Bids
The Rest of the Godaddy Names With Bid
09qp.com
1080fhd.com
2Arts.com
6He1.com
72225.com
ACMart.com
BayRewards.com
BePlasticFree.com
BidRocket.com
BrentHullCompanies.com
BurmaQueen.com
CashChip.com
Como-Sembrar.info
CryptPad.com
DeepBlueDigitalMarketing.com
Denajulia.com
DigitalCheque.com
eClassesByRavindra.com
Eduskopia.com
Elmentor.com
ero-s.com
Finaura.com
Fiplima.com
Foot224.net
friendsofmainesmountains.org
FurZone.com
GMKU.com
Guaan.com
Gxmuou.com
Hapagames.com
HKKLondon.com
HuntPhelan.com
ImgToon.com
Intrapace.com
IsCryBe.com
IslandGullyFallsJamaica.com
JiujitsuVortex.com
KodiakArms.com
LiftBump.com
Lingerie.me
LogoCart.com
medicalobserverph.com
MidwestConnection.com
MyInnerspaceCavern.com
MyJavLibrary.net
Noctalis.com
OldSoft.com
OnlineCasinoApps.com
OrganicAdvisors.com
Oumi-castle.net
OutdoorCanopy.com
PeaceCare.com
PoolHome.com
ProjectCreation.org
RadiantFood.com
ResearchAbly.com
ResumeOrbit.com
RNXA.com
RockAi.com
SeacoastTech.com
SFCBD.com
ShopRebates.com
showbox-apk.com
SickroomRecords.com
SisMedia.com
SoleInnAndSuites.com
Sporting-Goods-Industry.com
StarAssociates.com
StayHereAndPlay.com
SurgeSecure.com
Tequio.com
TheLuxuryHotels.com
TransExchange.com
Vigor.me
WomenForAction.org
x220.com
YSVU.com
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us, Shane and Josh . (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good.
I believe you did well with the negotiation and the way you handled it.
Good luck!
Maybe I’m just slow but I hadn’t considered the clever idea of setting a lower BIN price publicly at a marketplace like Efty and advising the potential buyer of this, rather than a one-on-one where you give your lowered BIN price to just that one inquirer.
It sends a clear message to that person that other interested parties might jump in and buy at the lowered BIN. Thanks Shane!
It lets them buy if they want but if someone else comes along and snags it so be it. The goal is to the sell the name. I could care less who buys it