http:\/\/www.valuate.com\/<\/a><\/p>\n 2. Know the 60 day rule<\/strong><\/p>\n A<\/strong> just purchased domain name or domain name which has had the registrar\u2019s data modified will usually not be eligible for transfer from one registrar to another for a period of 60 days.<\/p>\n K<\/strong>eep this in mind so that you understand this time<\/strong> element when purchasing. If the seller just bought it today or just changed the registrant information today, it could be 2 months before it is transferred to you.<\/p>\n 3. Be realistic<\/strong><\/p>\n U<\/strong>nrealistic expectations may cause you to experience disappointment<\/strong> or lead you on a time wasting journey. One example of this would be expecting to buy a domain like business.com for a few hundred dollars. Another example would be expecting Jane Doe to part with a website she has spent the last twenty years building into a huge success.<\/p>\n T<\/strong>ry to have realistic<\/strong> and reasonable<\/strong> objectives and expectations. Also, be mindful to keep your desires in line with your budget. Do not waste time negotiating a $50,000 domain name if you can only budget $500.00!<\/p>\n 4. Don\u2019t rush things<\/strong><\/p>\n D<\/strong>omain negotiations can take days, weeks, or even months. At times the process may progress in a frustratingly slow manner. Always avoid appearing desperate<\/strong> or in a hurry. If the seller perceives this they may gain leverage to try and charge you more.<\/p>\n S<\/strong>ometimes a good option is to just wait<\/strong> and see if an owner will let a domain expire. This happens often when the domain is not in use and the owner is a random owner. In this instance waiting can be a huge benefit.<\/p>\n 5. Be anonymous<\/strong><\/p>\n T<\/strong>o the best of your ability, remain as anonymous as possible. The more information the seller knows about you the easier<\/strong> it is for them to research you. Any research they do on you can give them helpful information which may lead to a higher<\/strong> price tag for the domain name!<\/p>\n Y<\/strong>ou can make use of an anonymous email at Gmail or yahoo and do not put your full name but use your first name or initials only. Also do not tell them the name of your company or any other business information. The less<\/strong> information you give out the less they will be able to reverse engineer your buying capability and buying motivations.<\/p>\n 6. Shhh, less is more<\/strong><\/p>\n K<\/strong>eep your conversation focused and use a minimalist<\/strong> approach. Do not be overly talkative as this can be used against you. A key ingredient here is to just remember that less is more. Do not say things like, \u201cHello this is Daddy BigBucks at Deep Pockets Corporation. We just got our startup funding and deposited a boat load of cash. We have looked at domain names and yours is the only one that interests us. So, we want your domain name and don\u2019t care how much it costs, money is no object.\u201d<\/p>\n I<\/strong>nstead consider saying something like, \u201cHello this is Henry and I am trying to narrow down my list of domain name choices. Since your name is on my list I was curious if you have this thing for sale and if so what is your selling price? I have somewhat limited funds so I figured the best place to start whittling is by chucking out the ones I can\u2019t afford.\u201d<\/p>\n 7. Make the seller go first<\/strong><\/p>\n W<\/strong>henever possible make or let the seller be the first<\/strong> one to issue a price. This will help to prevent you from starting the bidding too high. It will also help you from giving up your hand as far as what your budget limits are.<\/p>\n O<\/strong>nce the seller puts that first price out there come back with 1\/4 to 1\/3<\/strong> and wait for their counter-offer. Proceed by offering to meet them half-way at each price point.<\/p>\n 8. Know when to hold and know when to fold<\/strong><\/p>\n S<\/strong>ometimes it is beneficial to let things sit and just hold your position. This can be done by delaying<\/strong> email responses or you can just tell the seller you need time to research and think.<\/p>\n I<\/strong>t is also beneficial to know when to drop the negotiation and move on. This is a decision you have to make if the price is out of your reach or in cases where the seller is firm<\/strong> and not willing to compromise.<\/p>\n 9. Use a legal domain transfer agreement<\/strong><\/p>\n B<\/strong>efore you transfer funding for the purchase you should always have a signed<\/strong> and notarized<\/strong> legal domain transfer agreement. If you are working with a domain investor or have a purchasing representative they will almost always take care of this for you.<\/p>\n I<\/strong>f you are going it alone I recommend that you have your attorney<\/strong> to draw up the document. Once the document has been signed and notarized by both parties then you can transfer the payment and take possession.<\/p>\n<\/span><\/p>\n
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