I admit I don’t have the most valuable portfolio on the planet, so I don’t frequently get contacted by the big privacy protection firms like Mark Monitor, CSC, and NetNames on behalf of their confidential (and sometimes big $$) buyers.
However, I was recently contacted by one of these types of firms on one of my better domains, and it made me pause to think about how best to respond.
Half my brain told me the top secret buyer behind the inquiring firm surely had a budget that would lead to my early retirement and eternal cocktails on the beach.
The other half of my brain told me the value of my domain didn’t go up just because this firm reached out to me.
I decided to mostly agree with the second half of my brain and not dramatically adjust my asking price, but, well, since I didn’t have a firm asking price to begin with, it was probably 10-20% higher than if someone with a generic email address was inquiring. The buyer’s identity is really only one of many variables that plays into an asking price on any given day……others include the state of the domain market, my cash position, other acquisitions I’m chasing and, yes, the side of the bed that I woke up on.
I didn’t get a deal done on this specific domain, but the discussions aren’t totally dead yet either.
I’m curious…….how does your asking price and psychology shift, if at all, when a privacy protection firm reaches out to you?