{"id":4099,"date":"2014-07-14T14:38:00","date_gmt":"2014-07-14T18:38:00","guid":{"rendered":"http:\/\/acro.net\/blog\/?p=4099"},"modified":"2014-07-14T14:41:19","modified_gmt":"2014-07-14T18:41:19","slug":"reserve-nothing-bait-number","status":"publish","type":"post","link":"https:\/\/acro.net\/blog\/reserve-nothing-bait-number\/","title":{"rendered":"When the reserve is nothing but a bait number"},"content":{"rendered":"<p>Maintaining the dual roles of domain buyer and domain seller, is not an easy task.<\/p>\n<p>One has to juggle between these two roles &#8211; <em>rolled together into the joint function of &#8220;domain investor&#8221;<\/em> &#8211; and keep an objective approach to business.<\/p>\n<p>As a domain seller, whenever I offer domains for sale on various venues, if I use a public reserve price it is the <strong>actual minimum price<\/strong> I&#8217;d consider selling at.<\/p>\n<p>This approach helps indicate what range of offers one expects, and allows serious buyers to surpass it if they are so inclined. In fact, this approach leads to a sale quicker, than with a &#8220;make an offer&#8221; statement.<\/p>\n<p>At the antipodes of this, is the use of a <strong>pseudo-reserve price<\/strong>, often utilized by domain selling venues. Personally, I&#8217;ve seen it on <strong>Sedo<\/strong>, and it works like this:<\/p>\n<p>The domain is parked with a &#8220;Make an offer&#8221; option that carries a price, that in no way reflects the selling point of the owner. In fact, the minimum acceptable price is set considerably low, in order to act as a <strong>bait<\/strong>; the seller can then accept (<em>unlikely<\/em>) or counter-offer much higher.<\/p>\n<p>As a domain buyer, I find this method to be frustrating and borderline dishonest, particularly as it engages buyer and seller over a domain that would have been sold otherwise. I&#8217;m not sure if this method is used solely by Sedo to generate traffic to domains for sale, or by other venues as well.<\/p>\n<p>The bottom line is, that for me, it acted as a deterrent and I ended up purchasing a different domain name.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maintaining the dual roles of domain buyer and domain seller, is not an easy task. One has to juggle between these two roles &#8211; rolled together into the joint function of &#8220;domain investor&#8221; &#8211; and keep an objective approach to business. As a domain seller, whenever I offer domains for sale on various venues, if [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4099","post","type-post","status-publish","format-standard","hentry","category-domains","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>When the reserve is nothing but a bait number - Acro.net - A Domain Investing Blog by Theo Develegas<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/acro.net\/blog\/reserve-nothing-bait-number\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When the reserve is nothing but a bait number - Acro.net - A Domain Investing Blog by Theo Develegas\" \/>\n<meta property=\"og:description\" content=\"Maintaining the dual roles of domain buyer and domain seller, is not an easy task. 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