People lie in negotiations, it happens on both sides in the domain industry. Domain owners who have never developed anything will reply to a prospective buyer, “I am planning on developing this domain name but for the right price, I might be open to selling.”
Buyers lie all the time, company executives or underlings use the old, “Hi, I came across your domain name and it’s the perfect name for an upcoming school project. I am just a student but gathered $100 together and would like to buy your one word generic.com.”
It has happened to me as a seller and I know an Entrepreneur who did this to secure a name at 1/5 of his budget.
So, we need to research the buyer/seller properly to get the best out of the deal.
Buyers lie all the time, company executives or underlings use the old, “Hi, I came across your domain name and it’s the perfect name for an upcoming school project. I am just a student but gathered $100 together and would like to buy your one word generic.com.”
It has happened to me as a seller and I know an Entrepreneur who did this to secure a name at 1/5 of his budget.
So, we need to research the buyer/seller properly to get the best out of the deal.
