$5,000 Domain Name Offers
I recently received a few $5,000 offers for domain names I own. Based on several factors including the email addresses, the information in the emails, and a couple of other things, I believe these are mass emails sent to many domain owners. My opinion is that the sender goes through all of the affirmative responses and decides which to pursue and which to ignore.
I assume some people are very happy to get a $5,000 offer for a domain name only to be let down when they don’t receive a response. I also assume some people get annoyed by these $5,000 offers because their domain names are worth much more than $5,000. Others find them annoying because nobody responds when they wish to begin a discussion, as a $5,000 opening offer is usually enough to at least open a dialog.
One takeaway from this is that the owner of every good domain name has likely received a $5,000 offer. Even if the email isn’t a bona fide offer, the domain owner may not know this or not care that it wasn’t necessarily legitimate. This means that people who make subsequent genuine offers will be told that the domain name already had a $5,000 offer. Domain buyers are then competing with offers that may not be real, and that can be a challenge when a domain name is valued in that ballpark but not much beyond.
Chances are good that if the domain name is very good, there has been more than one offer submitted over the years. Although I submit offers based on my comfort level on an individual domain name basis, I keep this fact in mind when negotiating.
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