Comments on: Quick Tip to Buy Domains http://www.elliotsblog.com/quick-tip-to-buy-domains Domain blog featuring domain investing strategy, domain valuation, and domain development commentary from Elliot Silver, founder of Top Notch Domains, LLC. Thu, 09 Feb 2012 18:19:53 +0000 hourly 1 By: Scorpiono http://www.elliotsblog.com/quick-tip-to-buy-domains#comment-12291 Scorpiono Sun, 12 Jul 2009 23:05:51 +0000 http://www.elliotsblog.com/index.php/quick-tip-to-buy-domains/#comment-12291 This technique is actually well detailed in a book I'm reading now, from George Ross (D. Trump's main man in The Apprentice and his lifetime lawyer). I'm happy to hear it works for domains as well. This technique is actually well detailed in a book I’m reading now, from George Ross (D. Trump’s main man in The Apprentice and his lifetime lawyer).

I’m happy to hear it works for domains as well.

]]> By: Brian Stevens http://www.elliotsblog.com/quick-tip-to-buy-domains#comment-12285 Brian Stevens Sun, 12 Jul 2009 04:37:38 +0000 http://www.elliotsblog.com/index.php/quick-tip-to-buy-domains/#comment-12285 @ shane i feel the same way you either have a price in mind or you dont why wastes time if you want 5 million say that dont waste time saying that my offer was tooo low @ shane i feel the same way you either have a price in mind or you dont why wastes time if you want 5 million say that dont waste time saying that my offer was tooo low

]]> By: Shane Cultra http://www.elliotsblog.com/quick-tip-to-buy-domains#comment-12283 Shane Cultra Sat, 11 Jul 2009 21:10:46 +0000 http://www.elliotsblog.com/index.php/quick-tip-to-buy-domains/#comment-12283 When I see "make an offer" it tells me the owner really has no idea the value of the domain and that the owner either has no desire to sell unless a super high bid comes through or will take what they can get. When you own the domain you are in the drivers seat because you have the goods. Doesn't make it easy as we all want to sell for a great profit but as we all know, there are times when we settle for less for cash flow purposes. As long as you don't have to sell or have to have the name, negotiations will be in your favor. When I see “make an offer” it tells me the owner really has no idea the value of the domain and that the owner either has no desire to sell unless a super high bid comes through or will take what they can get. When you own the domain you are in the drivers seat because you have the goods. Doesn’t make it easy as we all want to sell for a great profit but as we all know, there are times when we settle for less for cash flow purposes. As long as you don’t have to sell or have to have the name, negotiations will be in your favor.

]]> By: Rob Sequin http://www.elliotsblog.com/quick-tip-to-buy-domains#comment-12282 Rob Sequin Sat, 11 Jul 2009 21:01:31 +0000 http://www.elliotsblog.com/index.php/quick-tip-to-buy-domains/#comment-12282 Once again, great article. As the buyer gets close to his ceiling or the seller gets close to his floor, there is an "urgency" to close the deal and that's that. You can tell when someone is close to their "walk away" point. Also there's the "best alternative to a negotiated agreement" or BATNA. http://en.wikipedia.org/wiki/Best_alternative_to_a_negotiated_agreement If you are serious about buying or involved with a serious buyer, do some homework on negotiations. DON'T wing it. Also, nothing like a deadline to get things done. I'm trying to buy a domain right now and gave the buyer yesterday as the deadline and I didn't hear back. I'm at my max but he didn't reply. I told him (and this is the truth) that I will move on from this domain on Monday so if he wants to sell, now is the time. If he doesn't want to sell then there are more fish in the sea. Once again, great article.

As the buyer gets close to his ceiling or the seller gets close to his floor, there is an “urgency” to close the deal and that’s that.

You can tell when someone is close to their “walk away” point.

Also there’s the “best alternative to a negotiated agreement” or BATNA.

http://en.wikipedia.org/wiki/Best_alternative_to_a_negotiated_agreement

If you are serious about buying or involved with a serious buyer, do some homework on negotiations. DON’T wing it.

Also, nothing like a deadline to get things done.

I’m trying to buy a domain right now and gave the buyer yesterday as the deadline and I didn’t hear back. I’m at my max but he didn’t reply. I told him (and this is the truth) that I will move on from this domain on Monday so if he wants to sell, now is the time.

If he doesn’t want to sell then there are more fish in the sea.

]]> By: Brian Stevens http://www.elliotsblog.com/quick-tip-to-buy-domains#comment-12281 Brian Stevens Sat, 11 Jul 2009 19:54:37 +0000 http://www.elliotsblog.com/index.php/quick-tip-to-buy-domains/#comment-12281 Making offers on names is a lot easier if the owner knows what he wants for the name as . I really start to think the seller is a idiot if they don't have some baseline area to start negotiations. I don't go to the car lot and say is this forsale they say make a offer. Can you apply that type of model to anything else? Making offers on names is a lot easier if the owner knows what he wants for the name as . I really start to think the seller is a idiot if they don’t have some baseline area to start negotiations. I don’t go to the car lot and say is this forsale they say make a offer. Can you apply that type of model to anything else?

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