Daily Snippets – 17 February

Here is a round up of some stuff that I find interesting – hope you do too.

Don’t You Hate It When …

(The following saga is a negotiation conducted via LinkedIn messaging).

You get a prospective buyer that really stuffs you around. Someone who haggles with you for a much better price, and when you finally agree, they don’t settle. This person is a financial adviser based in Brisbane.

Then they come back a month or so later, and apologise and ask if domain is still available. I say yes – they say they will complete purchase when they get back from Christmas leave.

I don’t hear from them, so I follow up on January 21st and ask if they still want the domain.

Them: “What price for the domain again?”. 

I tell them, and then silence.

I’m getting peed off now, but still remain polite. Follow up about a week later, and give them a courtesy heads up that if I don’t hear back from them that day, then the offer will be withdrawn. They almost immediately reply with this comment:

Them: “Understand. At this time, I do not require this domain for a while”.

Me: “No problems, thanks for your interest”.

A couple of weeks later they come back to me yet again. Ask if the domain is still available.

Me: Yes, still available at the previously agreed price.

Them: OK Thank-you, so how do I pay & transfer the domain name to me?

I explain process yet again.

Them: Ned, thank-you would you accept $xxxx plus GST for the domain?

(This new figure is slightly more than half of the originally agreed price!).

So now I’ve had enough.

Me: I had a feeling that you would try a stunt like this. Unbelievable. I shall give you a good mention on my blog. And I will not sell you the domain under any circumstances; and have removed you as a contact on LinkedIn.

Them: I suggest you check your message, before acting irresponsible.

What’s Happening On The Drops

Yesterday was a very quiet day, with the top purchase being $189 for a 3 letter domain.

This particular purchaser (295 Productions Pty Ltd) has been winning quite a few 3 letter domains recently. Interestingly, his only purchases seem to be with Netfleet – I keep daily records and can’t see any winning bids on the other two platforms. Not suggesting anything untoward – but I’m surprised he doesn’t cover his bases with Drop and Domain Shield.

The other purchase that I was really pleased to see was PerthDrones.com.au. This was picked up by my mate (and guest blogger on Domainer.com.au) Rob Kaay. When I was in Perth recently, he shared with me his business ideas. He is definitely an entrepreneur!

Website Of The Day

Read this great article in the Townsville Bulletin yesterday. It blew my socks off to find that there is a young lawyer here in Far North Queensland who has put together a “Legal Quotes” website.

I wish Melissa and the team great success, and hopefully I will get to meet them tomorrow at James Cook University.

A Great Resource

Finally today, Eric Borgos is one of my most favourite bloggers. He is a major domain investor from the USA, and over the years, he has shared the good, the bad and the ugly about his journey.

He doesn’t blog that often, but when he does, it’s essential reading.

His latest post is: My Top 10 Mistakes and Failures

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If you have any comments on any of the above, I’d love to hear them.

Should you have any suggestions for future stories – or any “hot news”, please let me know.

Best wishes for your online success. 🙂

9 thoughts on “Daily Snippets – 17 February

  • Avatar
    February 17, 2016 at 11:06 am
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    I sold pokies.org and they stuffed around for one day i told them they has one hour to pay or they would never have the option to buy from me again . They paid and now own it i thought i was patient but after reading yours wow . They would never do this to me the second time the domain price would have doubled with a one hour option and told after that to never email me again and i would name the person .

    You were way good to this person the old saying lay down like a door mat and people will walk all over you.

    • Ned O'Meara
      February 18, 2016 at 4:19 pm
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      Yep – I let it drag on longer than I normally would of.

  • Avatar
    February 17, 2016 at 11:42 pm
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    There are plenty of people around like the financial advisor you had the pleasure of dealing with. Unfortunately, I don’t think there’s much you can do about these situations except learn from them and move on.

     

    • Ned O'Meara
      February 18, 2016 at 4:21 pm
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      @Joel – I’ve been doing this a long time, and I’ve had plenty of people like this.

      I’m just trying to be a bit more patient these days (before telling people to bugger off!). 😉

  • Avatar
    February 18, 2016 at 11:19 am
    Permalink

    That financial advisor in Brisbane is a time-waster and doesn’t deserve the name.

    Loved Eric’s blog post, thanks for sharing.

    PerthDrones.com.au is going to be developed in a few months, so wish me luck!

    Loving your daily posts, Neddy!

  • Avatar
    February 20, 2016 at 10:50 am
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    I recall an instance exactly the same on a keyword geo Sydney domain in the same space.

    I doubled the price after smashing up a directory and called them to advertise on it after I put a few competitors on the homepage.

    Idea?  🙂

Comments are closed.