16 Aug '16, 2am

How you respond to inbound offers on your domains could help, or hurt you

Like most people that have been in the domain industry for a while I’m used to getting offers on my domains. Also, like most people that have been in the industry for a while, I’m also used to the fact that most of these offers are going to be well below market or even wholesale value. Heck, I’ve known people who have seen a legitimate $500,000 and $500 offer come in on the same day (for a name they later sold for over $1M). So let’s just say, inbound offers can be all over the board. In most cases they tend to be a lot lower than your expectations, which sometimes leads to a response. How you respond here can either help or hurt you in the long run. I’ve seen Domainers respond to offers typically in one of three ways: No response – this is the most common and you’re doing no harm here A short and kind response – something like “sorry but your offer is too low, I was looki...

Full article: http://morganlinton.com/how-you-respond-to-inbound-offers...

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