Unusual offer received for "e-money.eu" domain on Sedo

8 replies
Hello everyone,

I've just received an offer for (url removed) domain on Sedo domain marketplace. First bid matched my asking price (domain is listed as "Make offer" not "Buy now"), which is a little bit odd, because bidders tend to offer lower price first.

I'm wondering what is the reason:
- buyer is in hurry
- it's a fake offer to check my price expectations
- maybe something happened in EU regarding e-money / digital currencies recently? I mean some new business projects, law regulations etc. which might increase value of this kind of .eu domain. The only new thing I aware of is new AML regulations in EU (AMLD4 and AMLD5), but is rather not much related to term "e-money".

I will be grateful for any info or suggestions which might help me in further negotiation with current bidder on Sedo.



Regards
#domain #emoneyeu #offer #received #sedo #unusual
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  • Profile picture of the author Kay King
    You say a potential buyer offered you LIST PRICE on a domain you listed for sale....so how is he checking 'expectations'?


    If someone offers you list price - what is there to 'negotiate'? Maybe you are hoping for a bidding war?



    If you have a buyer - and want to sell, proceed carefully and protect yourself with escrow, perhaps legal advice, etc. If your goal is to promote the domain for sale, can't do it here.
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    • Profile picture of the author Honatole
      The bidder might want to buy a domain with the same or similar phrase, not necessary mine and just looking for the best price. On Sedo their is no possibility to just ask seller a question.

      This so called "Asking price" is price that buyer might expect that I will sell the domain, but I'm not obligated to sell it for that price (I can make a counter offer or cancel negotiation). I suppose it is some kind of clue for buyer and I think this is Sedo's specific, but I might be wrong. I set my asking price in Sedo many years ago, before cryptocurrencies hype and just forgot about it, in this days I would set it higher.

      My goal is to determine the value of this domain in current economic situation in EU, and sell it for good price or just keep it in case of probability that its value will increase in in near future.

      Thanks for answer.
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  • Profile picture of the author Janice Sperry
    You might be right about one of your scenarios but it could be more simple.

    The buyer is busy and time is worth more than money to her. The buyer likes the domain and made an offer she thinks is fair. There may be nothing more to it than that.

    If you do not respond in a timely manner, do not make a counter offer she likes or a bidding war starts you may never hear from this buyer again.
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    • Profile picture of the author Honatole
      Yes it might be the case. I will take this into account.
      Thanks.
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  • Profile picture of the author Johnski



    But, it's a .eu. I saw your asking price. If you counter there's a chance the buyer gets cold feet. And .net is available on Sedo, as well as other extensions. However, it's a great domain and it fits the extension especially. Personally I'd take it.

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  • Profile picture of the author Kay King
    My goal is to determine the value of this domain in current economic situation in EU, and sell it for good price or just keep it in case of probability that its value will increase in in near future.
    It's interesting your concerns are about the 'ethics' of the buyer...yet you are offering a domain for sale at a specific price....but may not sell it "in case it's worth more later".

    You have an 'asking price' but aren't obligated to sell for the price YOU set? Honestly, I wouldn't want to buy from you.

    Could it be you expect the worst from the potential buyer - because your own business practices are not always 'above board'?
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    • Profile picture of the author Honatole
      World is not black and white, and personally I don't think bidder would do anything unethical by checking my price expectation in way I mentioned in my first post especially he was unable to contact me directly nor are my business practices.

      In my opinion you shouldn't judge people based on short posts placed in public forum. Even if you have enough competence to do it, you certainly do not have enough information to do it honestly.

      Thank you for your time, but would prefer you to make some constructive discussion about the subject or just skip this topic.
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      • Profile picture of the author Steve B
        Originally Posted by Honatole View Post

        . . . In my opinion you shouldn't judge people

        Exactly right . . . except . . .


        You are asking random strangers on a public forum to do the same with your potential buyer and his/her motives (reasons why) for giving you a full price offer right out of the gate. No one here knows what the buyer is thinking.



        You will have to do your own "due diligence" and background investigations and make your own decision. Stranger's opinions don't count in this case and if you let them influence your decision . . . well, let's just say you reap what you sow.


        Steve
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