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TheDomains.com

DomainNameSales; Maybe You Should Put Filters On Offers, I Just Got One For $5,433,464,834

June 25, 2014 by Michael Berkens

We love the folks over at DomainNameSales.com but guys you do have to put some filters in place.

We got an offer overnight on the domain name nudelive.com for $5,433,464,834.

The offer went through the DomainNameSales.com system and generated an email to us relating the offer and prompted us to respond.

The person making the offer is located in Turkey and uses a Hotmail address.

This kind of stuff just makes their system look bad and some reasonable controls need to be implemented so people don’t think they can just game the site and waste a lot of people’s time and resources.

Not only should such offers not be allowed to be made in the system, but such an offer should raise a red flag on that account or email address from making other offers in the system.

Sedo.com has limits on the amount of any offer you can make through their system and even the amount that you can counter offer.

As for the offer on the domain name nudelive.com if your curious,  we are going to reject it and hold out for $6,000,000,000.

Filed Under: DomainNameSales.com

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Konstantinos Zournas says

    June 25, 2014 at 10:24 am

    Mike,
    I get these all the time.
    Especially on adult domain names and from people from Asia.

  2. Mark Maidenburg says

    June 25, 2014 at 10:47 am

    I have to be honest, you should take it. I mean, 5.4 billion is a pretty good deal.

  3. Michael Berkens says

    June 25, 2014 at 10:51 am

    More the reason they should have filters to prevent this nonsense

  4. Lennard Bouma says

    June 25, 2014 at 10:55 am

    I thought i had sold First-Money.com for $241,076 🙂

  5. Domain Administrator says

    June 25, 2014 at 10:57 am

    Accept it man 🙂

  6. zoot says

    June 25, 2014 at 11:16 am

    Damn that’s big offer even if he was offering Turkish Lira …. accept. accept, accept! If only it was legit :0

  7. Jeffrey M. Gabriel says

    June 25, 2014 at 11:26 am

    Mike,
    Thanks for the article, and pointing that out. As you know our platform is very transparent, and allows you to Self Broker for free. I am not saying our platform is perfect, however where should the filters end? If we stop people from making large offers on our platform like SEDO does it would alienate some of the super premiums, like Fashion.com we have listed on our marketplace. The more filters we create the harder it is to conduct business. What number should be the filter? Should we filter countries? You mentioned Turkey…We have had a lot of success there? Would all of our customers be happy with that? Should we start reading all of the messages being sent like Sedo does as well?

    I receive complaints about receiving too many price requests, others too many offers, others not enough offers…The reality is we as a Brokerage use the system the same way you do everyday. By using the product, and pushing its limits we try and make decisions to increase sale prices, be more efficient and sell more domains. In the end we find that sometimes the best filter is you, and your delete button.

    If receiving fake offers is a problem, along with misguided buyers why not use one of our Brokers to do your dirty work. You will only have to collect the money.

    Cheers!

    Jeffrey M. Gabriel
    Vice President of Sales | DomainNameSales.com
    O: 1-800-818-1828 x 6261

  8. Jeff Schneider says

    June 25, 2014 at 11:34 am

    Hello Jeffrey,

    We support your thinking. Value is in the eye of the beholder. Should you filter That?

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)

  9. Michael Berkens says

    June 25, 2014 at 11:39 am

    Jeff

    As far as we know on the record the top domain sale is either sex.com for $14M or insurance.com for $50M

    Has a domain every sold for $100 Million?

    Much less a billion.

    So I think there is a little bit of room between limiting a buyer from spending a lot of money on a domain to 5 billion dollars

  10. Paul Green says

    June 25, 2014 at 11:45 am

    @Jeffrey M. Gabriel

    Could you also stop sending me emails regarding domains you want to sell.
    I get all the time spam like that from domainnamesales.com.
    Last idiot who sent me is Brooke N. Hernandez, Domain Broker, DomainNameSales.com.
    Some of my friends also get that rubbish please stop doing this.
    I know Domain Name Sales are buying their own newTLDs but send so many spams is really too much.

    • Jeffrey M. Gabriel says

      June 25, 2014 at 12:16 pm

      Paul,

      Thank you for the comment. I am happy to hear that Brooke is following up with you in regards to the domain(s) you inquired about.

      I can offer you three solutions:

      1. Email me the domains you and your colleagues inquired about along with the email addresses you used to inquire on them, and I will unsubscribe you.

      OR

      2. Go to any of the emails we have sent, and you can unsubscribe yourself.

      3. Respond to the Broker to unsubscribe you.

    • Jeffrey M. Gabriel says

      June 25, 2014 at 12:16 pm

      I forgot my email is Jeff@Domainnamesales.com

  11. Kerry Shahan says

    June 25, 2014 at 1:19 pm

    I got this message in my inbox on domainnamesales a few weeks back:
    Received an offer of $30000000000000 via dnsoffer
    Ended up writing them back explaining it was just too high an offer for streaming.pro 🙂
    Got a laugh out of it!

  12. Joe says

    June 25, 2014 at 1:58 pm

    If you reply, they will probably tell you they have a filthy rich client ready to pay that, but the domain needs to be appraised… 😀

  13. rh2000 says

    June 25, 2014 at 2:50 pm

    The DNS platform is actually one of the best platforms I have seen for selling domains. People should know the difference between a real offer and a BS offer. If a person does not like something, you can always leave.

  14. nobody says

    June 25, 2014 at 3:58 pm

    more time and resources is spent on replying to curious how much? then just ignoring multimillion dollar offers))

  15. jose says

    June 26, 2014 at 2:02 pm

    get some also. offers for 900,000,000 or so. let them place fake offers. it’s good for having offers on your domains.

  16. BrianWick says

    August 3, 2014 at 12:40 pm

    Just got offered $6,285,244,181,069.00 for teamsex.com.
    zoot – how is the tix biz these days.
    passed on alice cooper last nite 🙁

    • zoot says

      August 3, 2014 at 2:37 pm

      Hi Brian … hope things are well with you folks. Ticket biz is still pretty good. Tho have to say that Google has been trying their damnedest to screw it up with their updates. Not that it’s any surprise but they came down hard on affiliates as “spammy” as a whole without taking individual details into account. So after 12 years in business with Ticketstub.com I’m finding I have reprove myself to them. Just glad I have lots of loyal customers to keep things together. Thanks for asking.

  17. Michael Berkens says

    August 3, 2014 at 1:31 pm

    Brian

    They probably offered that much to join the team, not for the domain


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