I still buy domains. I keep a list on my desk and every so often I go through it. The problem I have is that I don’t go through the list often enough. I seem to realize that fact when I read about a name being sold that I had on that list.
That particular name was offered to me constantly at $1,500,000. While it is very good name, it’s not worth that to me. I would contact the owner less often over time mostly do the the fact that his asking price was so high and always the same. I realized today, that it had been far to long since we connected. Especially since that domain sold for $120,000. The name was OnlineDegree.com. For the price, it was an excellent buy. Congrats to the buyer.
Obviously you never offered more than $120,000 – otherwise he would have got back to you
Larry – I just read the same thing last night. Couldn’t believe it that this domain sold so cheap. $120,000 was a serious bargain for OnlineDegree.com.
Interesting indeed and I guess congrats to the seller too, that is if the seller turned a profit from the sale.
May I ask how much you offered the original owner every time you received the $1,500,000 reply? 🙂
That was Michael Jackness who bought it. The same guy who sold WebsiteHosting.com for $415,000 last month shortly after buying it for $190,000.
Too bad he’s not a domainer, lol.
Patience and persistence.
If you can’t get a deal done, make sure you are the one they call when they need to sell.
Simple as that.
ALWAYS keep the door open.
I picked up domains in drops where the owner quoted me four and five figures in the past.
Let this be a lesson to those who overprice their domains.
Possibly due to cash flow that the domain was sold at that price …
@aggro . That was not the case.
It would have been just as easy for the seller to give u a 24 hour window to beat the price, archiving serious offers is probably just as good of an idea, curious if your contact was via email or phone?
Don, contact was through many emails. I have seen this happen many times. Owner no longer has your info and is ready to sell. That is what I have to assume.
2 years ago i got offer for one of my domains (trade.com.pk) for $100,000 in pakistan, i did not sell it. my wife begged me to sell it even though i needed money very bad. now, i got offer for $1,000,000. domain market is like that. if name is generic & you dont get good offer …. keep it for 100 years.
I find that offer hard to believe. Is that in USD?
yes, it is in us dollars. i am an american so i ask payment in usd. nobody wants to sell one word good generic names in pakistan. many have transfered very quitely, no media coverage.
can anybody tell me why SHOP.COM WAS NEVER SOLD?