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Old 12-05-2010, 06:37 PM   #1
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Domain Sale... Should I?

I have a 25k offer on Brews.com. He needs a few weeks to close the deal. Negotiate for more? Sell it quick? I think he's into Coffee, but I think it works great for Beer and Tea too.
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Old 12-05-2010, 06:42 PM   #2
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I think its a reasonable offer....of course you could sit on it for more but then again another buyer may never come along...

You can always try to push the price up to 30k etc ..the most he can say is NO and you go back to the 25k.
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Old 12-05-2010, 06:45 PM   #3
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I think that when an individual is putting their financial decisions in the hands of idiots on GFY, that person should immediately be deemed by their state of residence to be mentally incompetent and his/her assets put into a trust for responsible people to manage on their behalf.
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Old 12-05-2010, 06:45 PM   #4
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If you don't have your own plans for it then I would say that's a good offer
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Old 12-05-2010, 06:46 PM   #5
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I have a 25k offer on Brews.com. He needs a few weeks to close the deal. Negotiate for more? Sell it quick? I think he's into Coffee, but I think it works great for Beer and Tea too.
If he is offering 25K than there is a 95% chance he is willing to pay more. He wants it, he likely has money. I wouldn't accept it. I would counter with 40K and tell him firm. See what happens he might just take it or counter you back in the middle. I doubt if you hit someone like this higher he would say no thanks and walk away and buy something else without at least counter offering you back. Not like he has many other options out there for a domain like that.
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Old 12-05-2010, 06:47 PM   #6
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Throw it on Sedo, with his bid, and see if you can fetch more.
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Old 12-05-2010, 06:48 PM   #7
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I think that when an individual is putting their financial decisions in the hands of idiots on GFY, that person should immediately be deemed by their state of residence to be mentally incompetent and his/her assets put into a trust for responsible people to manage on their behalf.
don't be an asshole, not everyone on here is an idiot and he isn't putting his decisions in anyone else's hands. He is just asking for advice, it doesn't mean he will act on it. Not to mention most people who come to GFY for advice already have their minds made up anyway.
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Old 12-05-2010, 07:00 PM   #8
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I would sell.
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Old 12-05-2010, 07:00 PM   #9
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nice domain, good luck with the sale
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Old 12-05-2010, 07:05 PM   #10
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I would sell.
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Old 12-05-2010, 07:07 PM   #11
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Yeah, close it.
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Old 12-05-2010, 07:12 PM   #12
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sell it for what you think its worth instead of trying to sell it at a price you think you can get for it
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Old 12-05-2010, 07:12 PM   #13
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don't be an asshole, not everyone on here is an idiot and he isn't putting his decisions in anyone else's hands. He is just asking for advice, it doesn't mean he will act on it. Not to mention most people who come to GFY for advice already have their minds made up anyway.
Very true. Many of us are just looking for confirmation that we're not going to fail any harder than we already have.


Although I think that brews.com could ultimately be worth a lot more than that, I would sell if I wasn't using it, or had no real plans to develop it. What's the return on your investment?

Its a nice enough blog but, as it stands, I would gladly sell it for that price.
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Old 12-05-2010, 07:14 PM   #14
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25k sounds reasonable.
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Old 12-05-2010, 07:19 PM   #15
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sell it - it has very less search according to adwords tool
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Old 12-05-2010, 07:21 PM   #16
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It's a tough call. It really depends on how much interest you get on it otherwise and whether you need the money. If you get a decent amount of interest in it otherwise and you don't need the money, try for more. Otherwise, it's solid enough to accept IMO. It's not a bad name for beer/tea but it's also not a highly searched term on its own and not even huge broad search. If it was Brew.com it'd be 6 figures for sure, but the plural is definitely a lot weaker.
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Old 12-05-2010, 07:25 PM   #17
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I think that when an individual is putting their financial decisions in the hands of idiots on GFY, that person should immediately be deemed by their state of residence to be mentally incompetent and his/her assets put into a trust for responsible people to manage on their behalf.
Some of us make a living selling domains, jackass. What do you do?

If anything, he's trying to avoid making a decision potentially based on emotion or rash decision and getting other perspectives, even if they're not as qualified, can help sort through the options. That's always a smart thing to do.
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Old 12-05-2010, 07:29 PM   #18
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if i didn't have any plans to develop it in the next 5 years i'd take the money - do what Will said, anybody who's willing to pay 25K for a domain there's a decent chance they might pay more.

on the other hand if money's not an issue to you why sell a nice asset in the middle of a horrible economic downturn.
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Old 12-05-2010, 07:34 PM   #19
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Another thing to mention - if you use calendar year as fiscal year, bear in mind the time of year. You can either use that to further sell them on buying it by the end of the year while you ask for more, OR instead get them to buy it in the new year, so you're not paying tax on the sale right away.
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Old 12-05-2010, 07:51 PM   #20
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what did you pay for it?
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Old 12-05-2010, 07:54 PM   #21
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What he paid for it is irrelevant. With the huge growth in the craft beer industry there is a ton of potential for the domain. Is $25k a fair price? It is in the ballpark.
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Old 12-05-2010, 07:57 PM   #22
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Take the money and invest it.
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Old 12-05-2010, 08:07 PM   #23
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Sedo it!
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Old 12-05-2010, 08:12 PM   #24
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Did inbev forget to renew beer.com? I see it has a new owner.
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Old 12-05-2010, 08:19 PM   #25
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What he paid for it is irrelevant. With the huge growth in the craft beer industry there is a ton of potential for the domain. Is $25k a fair price? It is in the ballpark.
sure but i would say it would make a difference if he paid 100 bucks many years ago vs 18000 two years ago.
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Old 12-05-2010, 08:19 PM   #26
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Seems like a reasonable offer, especially in this market.
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Old 12-05-2010, 09:14 PM   #27
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Seems to be a fair offer.

The old saying a bird in hand comes to mind..
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Old 12-05-2010, 09:18 PM   #28
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I think $25k is a fair price. If he needs some time to come up with the funds throwing it on sedo in the meantime is not a bad idea either.
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Old 12-05-2010, 09:32 PM   #29
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I don't know a ton about domains and I am certainty not an appraiser. To me 25K sounds like a good price for it too. But domains aside, use a little common sense. If the person threw out 25K he is either A, some douche with pipe dreams wasting your time and he wont end up buying it because he doesn't have the money or B, someone with a large budget and big plans. If it is B, he will pay more. It might only be 5K more, or it could be 20K but very very few people are going to make a 25K "offer" and be firm on it. There is a great chance you can work some more money out of him.

Also, try to do some back ground on who you dealing with. Did he use a free domain name or a domain of the company he owns. Dig as much as you can if you find out he work or own some large corporation I would hit him back with a much higher price. The worst that can happen is his say no, 25K firm take it or leave it... and then you can take it. If it is legit I bet you can get more money out of him.

It sounds like you didn't have it listed for sale, so don't forget this person came to you. Trust me he wants it and if he has the money or owns some big coffee company he will pay another 5,10,20K for it. If he didn't want it he wouldn't have contacted you.
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Old 12-05-2010, 09:34 PM   #30
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Throw it on Sedo, with his bid, and see if you can fetch more.
This needs more attention.
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Old 12-05-2010, 09:34 PM   #31
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I used to own "BrewThis.com" but let it go for nothing... Hey the Steelers won!
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Old 12-05-2010, 09:35 PM   #32
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hold off until 100k or you'll regret it.
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Old 12-05-2010, 09:51 PM   #33
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sell and run, dude... 25K? WTF?? youre lucky...

where did you get this offer? Filppa? or he contacted you via the whois??

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Old 12-05-2010, 10:04 PM   #34
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I'd suggest make him a counter offer and see how It works out. If he wants the domain he won't just let It go cause you tried to get more, worst case scenario is you get 25k. This is if you even want to sell ofc.
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Old 12-05-2010, 10:10 PM   #35
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Fair offer... U may be able to squeeze a bit more for it
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Old 12-05-2010, 10:15 PM   #36
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What he paid for it is irrelevant. With the huge growth in the craft beer industry there is a ton of potential for the domain. Is $25k a fair price? It is in the ballpark.
I'm not going to accept a $25K offer on a $15 dollar domain? There's no traffic - there's no history. Take it.

Get your money, move on, re-invest.
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Old 12-05-2010, 10:34 PM   #37
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Propose this to him

$50,000

$15,000 down and finance the rest for him over 5 years.
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Old 12-05-2010, 10:38 PM   #38
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i say hold. "hold is gold."

http://www.google.com/trends?q=brews

looks like some growth there.
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Old 12-05-2010, 10:43 PM   #39
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Propose this to him

$50,000

$15,000 down and finance the rest for him over 5 years.
To risky. What if this guy's coffee company goes under and he's left holding the bag?

There might be a way through lawyers that if he doesn't pay the remaining balance the name gets returned to you, but the more you have to get lawyers involved the more expensive things are going to get.

I see what you're getting at, but IMO why take the chance.
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Old 12-06-2010, 03:36 PM   #40
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Thanks for the variety of interesting feedback. I've got a little time before I need to commit to anything. I may also fish it around at some brews, brew pubs, craft brews, coffee, and tea businesses.
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Old 12-06-2010, 03:45 PM   #41
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try selling it to heBREW - http://www.shmaltz.com/
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Old 12-06-2010, 03:58 PM   #42
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try selling it to heBREW - http://www.shmaltz.com/
lol that's awesome. He'Brews... the Chosen Beers
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Old 12-06-2010, 04:14 PM   #43
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sell it....
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Old 12-06-2010, 04:49 PM   #44
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take the money and run!
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Old 12-06-2010, 04:56 PM   #45
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I'd take it...
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Old 12-06-2010, 04:56 PM   #46
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Is that their first offer? or did you go through some negotiating already?
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Old 12-06-2010, 05:03 PM   #47
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Some of us make a living selling domains, jackass. What do you do?

If anything, he's trying to avoid making a decision potentially based on emotion or rash decision and getting other perspectives, even if they're not as qualified, can help sort through the options. That's always a smart thing to do.
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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Old 12-06-2010, 05:05 PM   #48
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please see asap https://gfy.com/showthread.php?t=1000781
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Old 12-06-2010, 05:27 PM   #49
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Originally Posted by ShellyCrash View Post
To risky. What if this guy's coffee company goes under and he's left holding the bag?

There might be a way through lawyers that if he doesn't pay the remaining balance the name gets returned to you, but the more you have to get lawyers involved the more expensive things are going to get.

I see what you're getting at, but IMO why take the chance.
well if you lease or lease to own the domain, you could keep it in your account and just set the nameservers to the client's stuff. That way if he doesn't pay you still have the domain.
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Old 12-06-2010, 05:30 PM   #50
BarryP
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Great name!! You can sell my homebrew :-)
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