Newbie domaining questions. Help to understand

Started by kosmon, Jul 22, 2022, 01:12 AM

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kosmonTopic starter

Hello! I have added my domains to multiple websites and created a domain portfolio on etfy, but I have not received any messages yet, and questions still remain. I would appreciate it if someone could answer the following questions for me:

1. If I set a price in the "make offer" option, am I obligated to sell the domain for that price if someone is interested?
2. How long do the received bets on the "make offer" option stay visible? How long are they kept?
3. Is participation in any auctions on any sites free? In what cases does it make sense to participate?
4. Do website domain brokers usually require exclusive rights to sell everywhere?

As a newcomer to this industry, I am eager to learn and figure things out. Thank you in advance for your help!
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refkaz

If the "make offer" option has a set price, then that is the minimum amount for a bid. However, some websites allow offers to be made while others only offer acceptance or rejection of a set price.

Although Sedo is widely known, it is not the only website for domain sales, and rules may vary. It is best to ask current users for specific information about each website. If there is no response, review the website rules carefully.

Finally, not all domains are actually for sale, so it is important to keep that in mind during this process.
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lizatailor23

If a seller agrees to your offered amount for a domain name, it is equivalent to a real-life agreement. Once the price has been agreed upon, it would be unusual to negotiate further.

In regards to proper business etiquette, it is expected that once a price has been agreed upon, both parties fulfill the agreement. Negative behavior would include changing the agreed-upon price or refusing the deal altogether.
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