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How To Negotiate
Domain Sale?
L A S T U P D AT E D O N J A N U A R Y 1 2 , 2 0 2 0
Buyers should feel like they got the biggest bang for their buck &
sellers should feel that they are happy to part with the domain.
When you get the first offer, act like “are they are joking with
you?”
This is going to get them to offer you a little better price. (Every
dollar counts!)
3 Avoid confrontation.
Avoid confrontation of any kind. At the end of the transaction,
the buyer might even buy more domains from you or refer you
to other people. This is just a business transaction; do not take
it personally.
4 Be Reluctant.
If you look and sound desperate to sell the domain, the other
party will think that they can push you around to get a lower
price. Instead, act as if you are not sure if you want to sell the
domain & be calm.
5 Vise Technique
Vise technique is something that your buyer might use to get
you to lower your price.
The potential buyer will insist that “ You will have to do better
than that!” They are expecting you to respond with a number
they can play around with.
6 Higher Authority
Weak negotiators fall prey to their own egos & present
themselves with the final authority to close the deal. A strong
negotiator plays the good guy & makes the higher authority a
bad guy.
In this case, play a little dumb. You will respond back by saying,
“OHHH . . . You meant to say you will go UP to X amount?! Let me
talk to my boss and get back to you.”
9 Withdraw Offer.
If you are dealing with a very interested party, you can tell them
that your superior executive has decided to withdraw from
negotiation & is also canceling the previous offer & the bottom
price you can do is “X”.
This is kind of a risky tactic. Use it wisely; it will either break the
deal or get you more than the expected amount.
This will make them feel good that they got a bargain & they
will want to do business with you in the future.
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