Originally Posted by Angry Jew Cat

Bad strategy in my opinion. Even though the offer comes in as a lowball, it is still interpreted as interest in the domain. If enough people are making offers, even lowball ones, I think the seller a lot of the time feels like the interest is there, they just have to wait for the right buyer.

Domainers know that all they have to get is the one right buyer on 1 out of 100 domains to make a profit. I partnered on developing a project a couple years back now with a buddy. He sent me out looking for a domain that would fit our project appropriately. I found one, which I considered way way overpriced at $3500. He liked the domain, didn't think twice. No negotiation, no fuck all. Just dropped the money and off we went with it.

Lots of people submitting lowballs offers just makes it seem like the domain has value and everyone is trying to grab it cheap, which just perpetuates the waiting game for that on buyer who sees the same potential (or what is interpreted as potential) and can afford to pay an outrageous price without thinking twice.

I guess it could work, but I've actually tried doing just this a few times before, and it has never gone as planned. It's actually seemed to be counterproductive in my experience.