A couple of other ways to respond to a perceived “low-ball” offer.
Yesterday, Konstantinos Zournas published his response to an offer from Marksmen for one of his domain names. Konstantinos asked for $12,500 and Marksmen responded with:
Thank you for your email. Unfortunately, your price is well above our budget for the ********* domain.
We have done some research and cannot find justification to pay that much money for *********. Godaddy appraises the domain at $1035.
[Link to GoDaddy appraisal]
We would like to offer you $1500 for the domain. This is our max budget and final offer. Can you please let me know if this is acceptable and we can have a deal?”
You can read Konstantinos’ response here.
Let me suggest a couple of other responses he could have made.
Response 1: The I-don’t-think-we’ll-do–deal-so-I-won’t-waste-my-time response:
$12,500 is my final offer. Please let me know if you accept or not.
Response 2: The maybe-they-are-just-posturing-so-let’s-talk response:
You probably overlooked it when you sent your first email, but this is Konstantinos Zournas from the blog OnlineDomain. Marksmen is familiar with my blog and has retweeted some of my posts. I understand the value of domain names.
I know you’re aware of the limitations of automated appraisals. If $1,500 is your final offer then we won’t be able to make a deal. My asking price is still $12,500.
Of course, Konstantinos can respond to emails however he’d like. These are just some other suggestions that might work for you.