{"id":4177,"date":"2014-09-10T17:42:38","date_gmt":"2014-09-10T21:42:38","guid":{"rendered":"http:\/\/acro.net\/blog\/?p=4177"},"modified":"2014-09-10T17:48:12","modified_gmt":"2014-09-10T21:48:12","slug":"domain-quotes-come-expiration-date","status":"publish","type":"post","link":"https:\/\/acro.net\/blog\/domain-quotes-come-expiration-date\/","title":{"rendered":"Why domain quotes come with an expiration date"},"content":{"rendered":"<p>Just like pasteurized milk, domain quotes have an expiration date.<\/p>\n<p>There&#8217;s a good reason for that; milk goes bad after it &#8220;expires&#8221;, and a domain quote has a lifespan in order to protect its value as an asset.<\/p>\n<p>When someone inquires about a domain name and they engage in an exchange with the owner, once a price is set the clock starts ticking.<\/p>\n<p>The quote is personalized, and it can vary from one inquiry to the next; thus, it&#8217;s prudent to expire after a set number of days. On <a title=\"Domain Name Sales: Persistence with style delivers sales results\" href=\"http:\/\/acro.net\/blog\/business\/domain-name-sales-persistence-with-style-delivers-sales-results\/\" target=\"_blank\"><strong>Domain Name Sales<\/strong><\/a>, the default period of 7 days can be extended, if the seller so wishes. It&#8217;s part of the negotiation game.<\/p>\n<p>Quoting a price with an expiration date also allows the buyer to consult their peers, business colleagues or sort their finances, in order to agree to a sale or provide a counter-offer.<\/p>\n<p>It is important to maintain the expiration date on such quotes rather strictly; once the rules are bent, it&#8217;s easy to bend them again.<\/p>\n<p>Sometimes, a second inquiry might arrive during the lifespan of a quote; generally, I either quote the same price as the first one, or wait for the first one to expire in order to process the second inquiry. Such cases are rare, however.<\/p>\n<p>Lastly, whether you ended the exchange disagreeing on the price, or you didn&#8217;t hear back from the potential domain buyer during the lifespan of your quote, don&#8217;t forget to send them a &#8220;<a href=\"http:\/\/acro.net\/blog\/domains\/domain-negotiation-the-goodbye-letter\/\" target=\"_blank\"><strong>goodbye letter.<\/strong><\/a>&#8221;<\/p>\n<p>You might be surprised by the percentage of rejuvenated responses you&#8217;ll get.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just like pasteurized milk, domain quotes have an expiration date. There&#8217;s a good reason for that; milk goes bad after it &#8220;expires&#8221;, and a domain quote has a lifespan in order to protect its value as an asset. When someone inquires about a domain name and they engage in an exchange with the owner, once [&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":[193,811,424],"class_list":["post-4177","post","type-post","status-publish","format-standard","hentry","category-domains","tag-acronet","tag-domain-investing","tag-domain-sales","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why domain quotes come with an expiration date - 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\/domain-quotes-come-expiration-date\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why domain quotes come with an expiration date - Acro.net - A Domain Investing Blog by Theo Develegas\" \/>\n<meta property=\"og:description\" content=\"Just like pasteurized milk, domain quotes have an expiration date. 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