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Domain Investing Stats and Tips

Do end users lie ?

November 7, 2016 by Raymond Hackney

Symbol e-business

People lie in negotiations, it happens on both sides in the domain industry. Domain owners who have never developed anything will reply to a prospective buyer, “I am planning on developing this domain name but for the right price, I might be open to selling.”

Buyers lie all the time, company executives or underlings use the old, “Hi, I came across your domain name and it’s the perfect name for an upcoming school project. I am just a student but gathered $100 together and would like to buy your one word generic.com.”

A post on Namepros asked, “Do end users lie ?” They were getting an email from someone who was going to start a blog.

In my opinion, unless something is for a charity, and you have verified that it’s the rightful charity, many might want to give a discount, that’s out of kindess or a moral obligation, etc…

A person or company buying a name and their reason for buying it, shouldn’t enter into the equation of domain pricing. You should know what you own and why you own it. You should have at the very least an expected range on pricing. You may discount that due to something going on with your personal life or your finances.

The finances of a for – profit company should have no bearing on what you sell your domain for, it’s your domain name, you control the negotiation.

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Filed Under: Domaining 101

About Raymond Hackney

Raymond Hackney has been involved with domain names since 1997. One of the most prolific writers in the domain industry and founder of TLDinvestors.com and 3Character.com

Comments

  1. Andrew says

    November 8, 2016 at 7:03 am

    I get the poor college kids variation.

  2. YamadaMedia says

    November 8, 2016 at 1:05 pm

    The real question should be.

    “Do domain registrars and registries lie?”

    The answer is “Yes!”

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