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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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embottemyn

1. When you set a price in the "make offer" option, it does not obligate you to sell the domain for that price. It simply indicates the price at which you would consider offers. You are still free to negotiate and decide on the final selling price based on the offers you receive.

2. The visibility of received bets on the "make offer" option depends on the platform you are using. Different domain marketplaces have varying time frames for the visibility of offers. Typically, the duration can range from a few days to several weeks. However, it's important to check the specific terms and conditions of the platform you are using to get accurate information on this.

3. Participation in auctions on various domain sites can be both free and paid. Some platforms charge a listing fee or a commission on successful sales, while others offer free participation. It makes sense to participate in auctions when you have premium domains with high potential value. Additionally, participating in niche-specific auctions where your domain fits well can also increase the likelihood of finding interested buyers.

4. Website domain brokers may or may not require exclusive rights to sell everywhere. It depends on the agreement you have with the broker or the platform. Some brokers work on an exclusive basis, meaning they have the sole right to sell your domain during the agreed-upon period. Others operate on a non-exclusive basis, allowing you to list your domain with multiple brokers simultaneously. It's important to clarify this aspect before engaging a broker to avoid any misunderstandings.

Don't hesitate to continue seeking knowledge and exploring different aspects of domain trading to expand your expertise.
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