During the past two weeks I’ve had an onslaught of offers on Sedo.<\/p>\n
While some sales came to fruition after negotiation and\/or public auction, the majority were of the same kind: lowball offers.<\/strong><\/p>\n I spoke to my account manager about possibly introducing a system where offer-makers are identifiable, the way sellers are.<\/p>\n The method would allow serial lowballers to be blocked by individual sellers from making further offers; first, for a set period of time and then – if necessary<\/em> – for good.<\/p>\n I don’t set minimum prices for the domains that I list on Sedo and the reason is simple.<\/p>\n Many times I’ve seen an initial offer of e.g. $100 jump into the $x,xxx territory once negotiations – and non-standard messages<\/em> – get rolling. A higher minimum price can be a roadblock, even if it’s in the low hundreds. That’s because a minimum asking price is only a selling threshold <\/em>and not a selling point<\/em>, but those two are often misunderstood by potential buyers.<\/p>\n The truth is, a lot of end-users offer the least amount of money, if they can get away with it.<\/p>\n The exception, perhaps, was when I sold a three letter .com via Sedo last year. The $xx,xxx selling price had a $9,999 minimum offer set.<\/p>\n Still, it’d be great to pass the message along to the time-wasting lowballers: without offering money, you don’t get the domain honey.<\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" During the past two weeks I’ve had an onslaught of offers on Sedo. While some sales came to fruition after negotiation and\/or public auction, the majority were of the same kind: lowball offers. I spoke to my account manager about possibly introducing a system where offer-makers are identifiable, the way sellers are. The method would […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,3],"tags":[637,1189,638,27],"class_list":["post-1642","post","type-post","status-publish","format-standard","hentry","category-business","category-domains","tag-domain-honey","tag-domains","tag-lowball-offers","tag-sedo","entry"],"yoast_head":"\n