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creditbureau.com.au

vr101

Regular Member
'Thank you for your interest in this domain name, please note in the past i have received private offers beyond what you are offering at this point, i have declined each time because i believe the relevance of this domain to be very suitable for the industry and i have decided offers above $999 to be the starting point of any further negotiations. Once again i thank you for your interest and look forwards to reaching a price that both parties feel is fair and equitable for all concerned, .... regards etc etc'
Nice response template .. I like it .. I think ive probably destroyed most of my selling opportunities by not knowing how to negotiate domain name trades like that.
 

vr101

Regular Member
If there is one thing I have learned the hard way it's that when it comes to doubts they won't serve you at the negotiating table and it's the person who is willing to walk away that wins at the negotiation.

So I think it's important to know in your own mind a definitive selling price, $400 might be it, but if you are desperate to sell the domain at $400 then to have any chance of getting more than $400 you have to at least be able to sell them the impression that you are willing to walk away and that they are missing an opportunity.

Chances are if they like the domain today, they are still going to like it in a couple of days time so there is nothing too detrimental with feeling them out with a higher counter offer and when they say no, say thanks but think your valuation is fair, and then just wait a day or two and then start talking with them again.

A wise fella, let's call him Neddy, once gave me some sage advice that once you give someone a counter offer you can't go up from there. So you may as well start higher and work down.

;)

Im surfing DNT for tips on domain name trade negotiation .. so thanks for the post.
 

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