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Why are so many sellers afraid to name their price?

     

tim222

11:55 pm on Aug 14, 2007 (gmt 0)

WebmasterWorld Senior Member 5+ Year Member



If someone buys a domain name specifically to resell it, then you would think they would have a price in mind.

I recently came across a name I want, and when you visit the site it says this name is for sale. They even have a form on the page to request the price. But they won't respond! They have a telephone number to call, but then their automated system puts you on terminal hold.

This is not an unsolicited request... they stated want to sell the name. But I guess they don't want to quote a price because they're afraid they'll undersell it. I can understand not wanting to name a price when the inquiry is unsolicited, but for pete's sake, if you want to make a business out of selling domains, then come up with a price when it's put on the market!

JohnRoy

12:04 am on Aug 15, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Different perspective:
put out the domain for sale and wait for the offer that cannot be declined.
Before that, sit and wait (and ignore emails / phone calls).

tim222

12:18 am on Aug 15, 2007 (gmt 0)

WebmasterWorld Senior Member 5+ Year Member



They don't have an option to make an offer :(

It just has a form to fill out with my name and email address, or a number to call.

They claim to have 700,000 names for sale, so this is not an individual hoping to win the domain name lottery. But regardless, this is just so typical. Hence the rant.

JohnRoy

12:43 am on Aug 15, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



so I guess the topic of your thread should read: "Why are so many sellers afraid to actually sell their domain"

blueheelers

9:08 pm on Aug 17, 2007 (gmt 0)

10+ Year Member



Maybe they are just trying to gauge interest to later determine the asking price?

I know I have listed some of my names at very low "minimum offer" prices and no asking price to see how many offers I would receive. It's an easy way to tell how interested the market is in the name. Of course, lots of interest doesn't mean they will pay a high price but it does help.

 

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