NamePros: Best way to negotiate down a significant counter offer?

[Digital Pandit]

Hi,

I made an offer at Sedo on a word+word.com domain in April. The minimum bid was listed as $1,000, so I put in a bid of $1,000.
The seller came back yesterday, about 6 weeks later, with a counteroffer of $16,000 and no comment.

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