Yes its true.
Yesterday before noon I had already turned down offers on 4 domains totaling just short of $500,000.
The first domain was easy for me.
VisitTurkey.com. I told the buyer I had just sold visitberlin.com for $230K and visitstockholm.com for $70K.
The official tourism site for Turkey is goturkey.com, which I told the person making the offer, in the US GoTurkey.com, seems to be more of an ad for eating turkeys rather than visiting Turkey.
As the sale of domains sets up price comparisons for other similar domains and I own a lot of visit………com domains, there was no way I was going to let this one go for $250K.
I then rejected an offer for $100K on motorcyclehelmets.com and domain I rejected a $75,000 offer a while back on.
I rejected an offer of $120K on weddingalbums.com, a domain which I have had a lot of interest in over the years.
With 90,000 global searches and a PPC price of $1.65 per, the domain is worth over $250K in my opinion.
The last names which I’m still going back and forth on we will keep quite about for a little while, but you can track all of our activity, including offers in excess of $10K which we reject on our corporate site, wwmi.com (Worldwide Media, Inc.)
Domaining is a real life continuous version of Deal or No Deal.
You remember the show hosted by Howie Mandel that was all the rage a few years ago.
People would be offered an amount of money which they could take or shoot for a higher amount.
As amounts or strikes were revealed in briefcases the offer would rise or fall or the player was eliminated.
Everybody liked to watch so they could second guess the player,”
“I would have taken the last offer” or “I would have kept going” usually we’re the viewers reaction and of course the viewers reaction would change depending on the amount being offered and the possibilities that were left.
After a couple of season viewers seem to get tired of the same old second guessing game and changed the channel and the show was pulled off of prime time.
Like Deal or No Deal, domainers get offers.
When we receive an offer we have 4 choices.
If we accept it, we never know what would have happened if we said no.
I have had a ton of offers I have said no to, that came back around with a higher price down the line.
I have also rejected offers never to get another offer on the domain.
Sometimes you accept an offer too quickly and the buyer disappears thinking that he offered too much, too good of an offer.
Some chose to ignore offers unless they are say six figures one’s to begin with thinking that they buyer will basically keep increasing his offer and outbidding himself if he really wants the domain.
Like viewers of the show, other domainers reading this will say “Berkens is crazy for turning down one or more of these offers” or “I would have taken it”
Yup domaining to a large part is like deal or no deal.
And like the game, by late afternoon after seeing cardoo.com sell for $110K on Afternic, outreach.org sell for $90K on Namejet.com and Sedo.com sell Defiance.com for $90K, I felt better about passing on the offers.