We requested the price and they quoted us well above the market value. They also then changed the website to reflect the price they quoted.
About a week later, they removed the price from the website and posted "REQUEST PRICE" again. We've made additional inquiries and haven't heard back from them.
We're still interested in the domain, but were starting to wonder whether this company can be trusted.
Has anyone purchased a Premium Domain before? If so, how was your experience. If not, have you had other good or bad experiences with BuyDomains?
I requested the price and simply paid them. I did not try to barter with them over the price as I knew I wanted the domain for a project and did not want to run the risk of losing it.
They set me up an account at their site and I transfered the domain out within an hour. Simple.
BuyDomains are an OK company to deal with. You won't find any screaming bargains, since they're too savvy to price their domains very low. But if you want a domain that they hold, and are willing to pay what they want (or very close to that amount) for it, it's quite easy to do a deal.
Ifyou feel its to much try bartering.
enuff said.
It has always been a quick, easy process to get the domain name transferred over and it has been equally easy to move it from their registrar to another registrar.
[edited by: DaveAtIFG at 6:08 pm (utc) on April 9, 2004]
If it's a domain that receives a number of queries they will tend to be firm.
If it's a sleeper they may come back 10 days later with an offer of a discount of about 10%.
If it's a domain that had a price when you first went looking that price tends to be fairly firm. The existance of the price shows that someone else is interested.
If they price the domain for you the price will remain assigned to the domain for awhile, sometimes weeks. I've wandered across domains twice that were priced and, looking at them, I snapped them up - in each case paying thousands. In retrospect I'm quite happy with my actions. Just keep in mind that you never know when your effort in seeking a price will work against you. In both cases I would not have bothered to ask for a price, believing they would be asking the moon.
If they are raising capital for other projects they will sometimes lower prices, especially for frequent buyers. This happens rarely.
Talking on the phone doesn't really do the trick. Imagine if that approach somehow "worked". Would word get out? You bet. So they tend to be fairly firm.
IMHO they do significantly over price a number of their domains, but on the whole, they're pretty good. Rarely, you may come across one that you might - in your own opinion - think is priced below market. Every fool has an opinion.
Lately, with more people entering the game and people employing preemptive tactics (not waiting for the drops but going out and bargaining) the pickings are getting slim. BD has registered some real clunkers recently IMHO. Force of habit? Addiction? Job security?
Who knows? I'm out of the business.
Mostly.;-)
We then checked the WHOIS and even contacted the registrar and they insisted that, contrary to what the rep told us on the phone, BuyDomains WAS the owner.
When we emailed them and told them we were confused due to the inconsisencies of what we were told, they did not respond. They only withdrew the price from the website and once again posted "REQUEST PRICE."
That is why I am suspicious of them.
Has anyone here successfully negotiated with them?
They don't negotiate. Why should they? They probably know market value better than any reseller. Do you really think you know market value better? You may know what you are willing or able to pay but that doesn't determine market value, just your value.
Just because you want to pay less for my used car does that mean I have to negotiate? I'll say "thank-you, but no" and wait for the next interested party.
Move on. Either pay their asking price, or offer to pay $X if they accept your offer within 5 days, after which time you will register a different domain.
cyberclick.net
$500,000.00
theclips.com
$250,000.00
multibit.com
$150,000.00
scienze.com
$112,000.00
Do you really think that these asking prices reflect their market value? If they really do reflect the market value, aren't you also saying that they should turn down an offer of $200,000 for theclips.com?
If they have a name you really want, buy it. Think long term; think about seeing your competitor with it. I have bought some great ones without hesitating, and still cry over one I waited to long on.
