Quote:
Originally Posted by minicivan
Ok, you are making a living off of selling domains. That means that you have some pretty simple formulas that you work against, and that you have learned time and time again that emotion has nothing to do with anything. If you are worried about emotion and decided to rectify that by asking complex business questions to strangers who spend the bulk of their time on forums creating such fantastic threads as "what music are you listening to now" - then your primary issue is not your own emotions.
"Should I sell my apartment building" is a pretty moronic question to ask of a bunch of people who know nothing about why you bought it, what you paid for it, where it is located, the area, what the market is doing there, what your strategy was in buying it and so on, reason for considering selling it etc, much less the fact that they know little to nothing about real estate at all.
I was trying to be funny although I understand it did not come off that way. This forum is not exactly known for sound financial advice of astute business people.
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I understand where you're coming from. IMO just because he posted here doesn't mean he'd be hanging his entire decision on what GFY thinks. It's just nice to have other perspectives sometimes. Sometimes people will say things that you may not have considered about the sale, and I myself try to shed that sort of light for people with domain decisions - get them to think about the things they may not have.
Speaking of which, regarding the people who mentioned going back with higher price, that is not without its risks. Sometimes that can lose the entire sale, which if the sale was important to get, would of course not be good. A bird in hand is worth 2 in the bush as they say, and I'd say there's maybe 50% chance that going higher in price ends up losing the sale from my experience, with the other 50% maybe getting you about 50% increase in what you get from the buyer on average. In the end, I am very pro-deal because you never know what buyers could ultimately be repeat customers in the future, and quite honestly, I make a sizeable chunk of my income from people who've bought from me before.
If the guy needed to wait for the money to pay for it to begin with, going higher could definitely lose the sale. He could move on and get something cheaper, which is what a lot of people unfortunately do. If Brujah didn't need the money and felt confident in reaching a higher sale inevitably based on interest he's gotten, I'd suggest to ask for more, but otherwise I'd say take it.
Of course if the buyer in the other thread is legit, that adds another variable.