Domain Pricing Tip
I bought a new pair of skis a couple of weeks ago, and my wife is in the process of listing my older pair on Craigslist. In creating the listing, she initially wrote, “Asking $65 or best offer,” and I suggested that she not post a price like this. I’ve seen other people sell the same used skis for $100, and $65 is the price I’d like in order to sell them quickly.
From my perspective, whenever I see something like “asking price” or “or best offer,” I know that the seller’s price is flexible, and whatever number he listed is just a guideline. In negotiations, having terms like can show a weak hand, and you’ll almost certainly get less than you really want.
When I am selling a domain name, I try not to use terms asking price, best offer, make offer…etc. which will likely be taken by potential buyers as an opportunity to offer a lower price. I recommend that you list your domain names for sale with a firm (but reasonable) price, and you’ll be in a better position to make the most for your domain names.
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