Yesterday I found a domain that I wanted to buy. The domain was a two-word .com domain. It was more of a brandable name, not one with much resale value, although I had a specific use for it.
I contacted the owner asking if it was for sale, and got the following response:
I still own it. I don’t recall my asking price. Make a reasonable offer, and you can own it.
Fair enough, I made a $50 starting offer, and here’s the response I got.
Obviously no way. What an insulting offer nowhere near my asking price. Good luck finding names that cheap.
Excuse me? First of all, this guy didn’t specify any price range at all, yet claims my offer was nowhere near his asking price.
Second of all, how does he know that was my final offer? I was willing to pay more, but who would want to deal such an abrasive individual? Not me.
There’s no reason for a rude response like that, and it may put off a potential sale. You never know who you might be dealing with, and how much they are actually willing to pay if you abruptly end negotiations like that after a single offer.
Here’s my advice to all you people who receive what you would consider a “lowball” offer. Politely decline and move on. It might even help if you specified an actual price range too.
How would you react in such a situation? From both the lowballer and seller standpoint. I’d be interested in hearing your views.