.CO is the country code for Colombia, and registration was just opened up to the general public yesterday. Yes, there have already been some big sales like e.co for $81,000, Twitter acquiring t.co, and Overstock buying o.co for $350,000.
Who Is Buying Them
As far as the biggest sales go, it appears large corporations are grabbing them up for vanity purposes. T.co, for example, will be used by Twitter for some sort of link shortening service.
Read More
Yesterday I found a domain that I wanted to buy. The domain was a two-word .com domain. It was more of a brandable name, not one with much resale value, although I had a specific use for it.
I contacted the owner asking if it was for sale, and got the following response:
I still own it. I don’t recall my asking price. Make a reasonable offer, and you can own it.
Fair enough, I made a $50 starting offer, and here’s the response I got.
Obviously no way. What an insulting offer nowhere near my asking price. Good luck finding names that cheap.
Excuse me? First of all, this guy didn’t specify any price range at all, yet claims my offer was nowhere near his asking price.
Second of all, how does he know that was my final offer? I was willing to pay more, but who would want to deal such an abrasive individual? Not me.
There’s no reason for a rude response like that, and it may put off a potential sale. You never know who you might be dealing with, and how much they are actually willing to pay if you abruptly end negotiations like that after a single offer.
Here’s my advice to all you people who receive what you would consider a “lowball” offer. Politely decline and move on. It might even help if you specified an actual price range too.
How would you react in such a situation? From both the lowballer and seller standpoint. I’d be interested in hearing your views.
If you want some extra insight on domains and web development, look no further than Pro Web Talk. It’s a brand new blog but it should be getting some more quality posts about the domain industry and the web in general. Check it out!
I just added my domain portfolio to the blog using a WordPress Domain Portfolio plugin, which was just released yesterday I believe. I’ve been waiting a while for someone to make something like this for WordPress, plus it’s nice to have a full set of links in the top navigation menu (before I had 2 links to the “network”). I customized it a bit to match with the design. The bulk add feature came in handy while adding my 100+ names at GoDaddy. The sorting feature is also a nice way to keep track of expiration dates. Overall I’d say it’s a good plugin, fits my needs perfectly.
