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Looking to snag a domain from BuyDomains.com

How can I get the lowest price possible from them?

     
10:04 pm on Jul 15, 2005 (gmt 0)

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Hey members of WebMasterWorld,

I was interested in starting a website in a certain niche area, although the domain I want to use it is currently owned by buydomains.com. The domain I want doesn't have a price next to it, and I have to use a contact form to request a price from them.

Has anyone here had good experiences from BuyDomains.com? Does anyone have any tips before I request a price quote? My budget is limited right now, and I am afraid that if I request a quote right now (without purchasing), they will raise the price next time I ask them for a quote.

So what would you do if you were in my position? I could spend up to $500 for the domain, but don't want to request a price and have it be $2000+.

Any help would be appreciated

Thanks

11:17 pm on July 15, 2005 (gmt 0)

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As far as I know, they've never sold a domain for as little as $500 outside their occasional specials, which are clearly priced. If it's "Make offer" then it's already out of reach of your budget, I'm afraid.
5:18 am on July 16, 2005 (gmt 0)

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Make your offer and be ready to live with whatever they say. BD is not known for their flexible pricing.
6:44 am on July 16, 2005 (gmt 0)

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Your right, I will just have to live with what they tell me I have to pay up. The thing is if I inquire about a price, but don't purchase a domain, what will happen the next time I try to buy it again? Would they raise the price on me knowing im interested?

This is the first time I have ever went through this company to get a domain name.

2:26 pm on July 16, 2005 (gmt 0)

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I've not known them to be petty, stupid, or spiteful. Just be businesslike. Read and respect their terms for doing business and hope for the best.
3:19 pm on July 16, 2005 (gmt 0)

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The thing is if I inquire about a price, but don't purchase a domain, what will happen the next time I try to buy it again? Would they raise the price on me knowing im interested?

I doubt they would raise the price, after all they are in the business of selling domains. In fact, after they send you the offer if they don't get a reply they may contact you to negotiate a price.

The nice thing about BuyDomains is that when you contact them they give you a price upfront, unlike a lot of sellers that ask you to make an offer.

It's sort of like buying a house it's much easier to find what your looking for and negotiate the price when the seller states their offer first.

Good Luck

<edit grammar>

4:25 pm on July 16, 2005 (gmt 0)

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If I'm not mistaken, their minimum price is $1,000 now..up from $688.

Try emailing Matt Barker (mbarker@buydomains.com). He's the sales rep I usually deal with when buying from BuyDomains.

I have experienced domains jumping in price once I asked about them...so be prepared to buy on the first price sent.

3:38 am on July 18, 2005 (gmt 0)

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If I'm not mistaken, their minimum price is $1,000 now..up from $688.
Try emailing Matt Barker (mbarker@buydomains.com). He's the sales rep I usually deal with when buying from BuyDomains.

I have experienced domains jumping in price once I asked about them...so be prepared to buy on the first price sent.

You're correct. The form that I would have to fill out says at the bottom that I would have to agree to pay at least $1,000 for the domain.

Here's one last question that I forgot to ask. Is having a ".com" domain make your site more psychologically professional? What I'm trying to say, is that from a user standpoint, are they more inclined to think of a ".com" when going to a site, than a ".net"?

The reason for me asking is that BD has keyword1keyword2.com (which I want to buy), but I can purchase keyword1keyword2.net for like $10.

Again, I thank every one of you in this thread for helping me out, and I appreciate all of the valuable input that you have given to me.

-FscanF

3:51 am on July 18, 2005 (gmt 0)

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The key is to have a sound business model....Make good money, then buy the .com domain.........Have you ever heard of craigslist.ORG? :)
5:24 am on July 18, 2005 (gmt 0)

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Thats very true, even slashdot.org when i start thinking about it more.
12:36 pm on July 18, 2005 (gmt 0)

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The trick is also to ramp up your revenue quicker than BuyDomains can adjust their prices. You can bet that when they see a high traffic site on the .net the price for the .com will be higher than if the other extensions remained undeveloped - that's just smart business on their part, especially since they got to the .com first.
1:57 am on Aug 5, 2005 (gmt 0)

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They actually sold a domain last month for $2,888, at one of the popular secondary market venues, despite getting $9,000 and $12,000 offers from the same buyer back in January.
8:41 pm on Aug 5, 2005 (gmt 0)

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I've purchased a few good domains from buydomains.com

Some had a pricetags already (some as low as $288), and a couple were a bit more than that.

Here's a tip:

One time I requested a price on a domain name and I thought their price was too high, so I didn't buy it.

1 month later they sent me a followup email with a "special offer" (I think they claimed it was a St. Patrick's Day discount) for the same domain at 20% off. I had already found a domain, so I didn't follow up, but it could be a trend. If you can wait on the domain, then don't take their first offer and see if they send you a price discount.

Another note:

3 months after the "special" offer they sent me a final email telling me that due to "demand", the price of the domain was $200 more than they originally quoted the first time I asked for a price.

11:00 pm on Aug 8, 2005 (gmt 0)

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Good advice from Rodney.

I'd say make an enquiry. They'll quote you a price. Then, if you're willing to be patient, wait a few weeks or months. They'll often contact you again and say that as they're having a "special offer" they're reducing the price by X hundred dollars.