The art of negotiation can be pretty tough when it comes to selling your domain names. Many of us always wonder what is the right price of a name and how do we even determine how much to sell the name for. At first, it may seem to be difficult but once you get more experience it becomes a bit simpler.
I have talked about pricing your domains in the past but this post will focus on how to deal with an inbound offer on your domain and if you should agree right away to the first offer. The most common approach is to either take the first offer in order to simply sell the name or counter with a larger number.
Of course I’ve done both of these but it’s always good to have a strategic approach for better results.
You must first ask yourself: