Whenever I receive inquiries for domains, the price quoted is custom-tailored to the person that inquires.
They also come with a 7-day commitment to that price; anything past that, I cannot honor.
An inquiry that I received ten days ago, ended with the understanding that the person would look elsewhere, as their budget didn’t stretch that far.
I am perfectly fine with such responses, as they save time for both parties involved, versus a prolonged and confusing negotiation that leads nowhere.
Today, I received another inquiry for the same domain, from a person who placed an offer higher than the previous one, but still below my asking price.
When I responded with a quote, they acted surprised that I had quoted a price higher than that quoted to their relative, ten days earlier.
I explained that prices aren’t fixed and that their relative wasn’t keen on completing the purchase anyway.
They seemed to be upset by that ‘surprise’ but to me it became clear that some people don’t understand the domain business well; expectations of ‘discounts’ based on ‘personal use’ as opposed to commercial use, don’t make a difference as far as my pricing is concerned.
When placing an offer for the second time by using a relative or friend, make sure you understand the mechanics of domaining.
Very well said. There are many people not aware of domain business and don’t understand how it really works. Long way to go…