Domain Name Seller’s Remorse

gtldsI had kind of a seller’s remorse. It was not exactly remorse but…

Someone inquired a few weeks back about a .com domain name, I send him a quote (about $5000) and he immediately accepted the price. I felt that I could have gotten more money for this domain name.

But the truth is that I didn’t care about this domain name that much. Not at all actually. This is one of the domains I have and when it’s time to renew it, I think twice about renewing and finally say ‘what the heck’ and renew it. This has been going on for almost 10 years now with this domain.

I think that over the years, only 3-4 times, I had a buyer say yes immediately to one of my quotes. That is probably because I always leave a little room for haggling. Or all my buyers like to haggle! I have sold some domain names at the asking price but the buyer always (except these 3-4 times) tried to get a better price first and when I refused, he agreed to my original price.

This time my price was not that high because I didn’t want to scare the buyer away. This is one of these names I want to get rid of. i.e. Domains with hyphens, domains with numbers (that can be written with both the number and letters), some domains with 2 spellings etc. These are domains that a regular user can very easily confuse with another.

But when you get this response 10 minutes after your quote you can’t help thinking that you left some money on the table:

All good.
We will buy.

But this was not the end of this story. It turned out the buyer was Henry Porter from London, UK, my first inductee into the “Deadbeat Buyers Database (DBBDB)”.

Sold.Domains

About Konstantinos Zournas

Konstantinos studied Computer Engineering and Computer Science in London and lives in Athens, Greece. He works on domain names, websites and software development. Has been online since 1995 & domaining since 2002.

9 comments

  1. I actually encountered a Dead Beat Seller the other day. Person supposdely is highly regarded in the domaining space. Saw a domain I wanted with a $3450 price. Spent a full 24 hours figuring out how to get the monies. Pulled the trigger and was sent to Escrow.com. The seller than sent me an e-mail and refused to move forward claining the landing page was a mistake. So it goes both ways. I should set up a database myself. Talk about disappointed !!!!!!!!

  2. Kosta, what’s the domain?
    Hope you got paid this time … 🙂

  3. Did anything ever happen from the previous domain name and this buyer?

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