Let me be clear there are scam artists, charlatans and snake oil salespeople in the domain industry. Fact !
I do believe that each situation and or person needs to be looked at individually and you should have something to substantiate your claims.
Over the last couple days there was a thread that questioned Mike Mann’s sales, and while I understand the initial post after being answered by Konstantinos from OnlineDomain and others the thread continues on with the same question.
In my opinion it’s better to email or social media message Mike Mann. Maybe he will give insight, or maybe he might say piss off, I don’t know.
Another post that calls into question all people saying they turned down five figure offers. Domain VP had the best reply in my opinion which echoes the sentiments of this article, you need to go domain by domain.
Then today there is a post I wrote about Aron Meystedt and how in that article he states he turned down $1.5 million for XF.com.
Commenters posting anonymously want to say he is full of shit or lying. I don’t know Aron on a personal level, I have communicated with him on a professional level and I have never found any whisper of him being shady or full of shit. Could he be lying about the offer ? Of course he could but the people attacking him have no intimate knowledge. A lot of times people make statements solely based on how they would have responded.
If they wouldn’t turn down $1.5 million then no one would, anyone saying anything to the contrary is full of shit.
If we can be real, completely honest, most domain investors don’t operate at the highest levels of domaining. Doing six and seven figure deals, international dealings with language barriers, legal opinions and contracts.
So maybe you are playing checkers while others are playing chess. That’s fine, and yes some people are full of shit, but everyone is not full of shit, at least not in my opinion.
Domainers ARE full of shit… but it’s pigeon shit 😀
dead on
That was a great post Raymond,well done.
Aron has an impeccable reputation with regards to his honesty and transparency. I believe the story.
Aron has returned every single email we ever sent him. If we had XF.com we wouldn’t take that offer either. Great post Raymond.
As far as I understand Aron is a God fearing young man and couldn’t find anyone in the business who could speak ill of him.
Agree regarding Mike Mann, he is the real deal.
On the 2nd issue though, when people talk about offers half the time it is actually BS, people probably should stop going around claiming they got offered certain amounts for names they didn’t sell, it is not provable and people are right to be very sceptical. If they do make those claims they of course a lot of people will doubt it.
I agree Snoopy but not everyone, I am sure you have turned down 5 figures and I know you are not full of shit. Case by case.
Just another thing on this Ray, if for example I did get a $10,000 offer on something that still does not make it genuine. For example someone emails you and offers $10k on a domain, the chance of them actually being willing to go ahead and pay that is probably well under 50%. It is one thing to write an email and another to actually send that money. Nobody actually know what it genuine until it hits your bank account.
People should just stop boasting about offers if they don’t want the kick back from sceptical people, tell us when the name is sold, and report it to dnjournal.
It would make things easier.
What would be most honest is admitting you turned down a big offer and regret it!
I know I have stories 🙁
Agree and I think people enjoy and learn from those stories.
I’ll jump in once, and then let everyone keep going.
I don’t mind the commentary and I do value everyone’s opinion (positive or negative).
The writer of the article, Will, and I talked on the phone for an hour.
The $1.5M offer statement was such a TINY part of the overall interview — please don’t think it was the focus.
Please read the article. We talked about VE.com and he asked why I still owned XF.com – I said because it’s my brand and I’m not a motivated seller. (that’s when the talk about previous offers came in).
Anyone who doubts this clearly hasn’t done any significant business with the Chinese in the past two years.
I know several LL owners who have turned down $1M+ offers for their names in the past year.
Their initials are KH, GK and AL.
If you know the industry at all, you know who these guys are.
I think everyone in this post has your back Aron, at least so far.
I don’t know Aron personally but I do know another domainer (not initials KH, GK, AL) who turned down a $4M offer on a CHIP LL.com. $1.5M for XF.com is reasonable and only the ignorant/jealous would dispute Aron’s account.
The art of diversion. Start talking about other people when we know what the real story is.
It happened yesterday.
Don’t bring these people into it. We know what the real story is. Mike M and Aaron seem like cool guys but your heading of “everyone so everyone’s full of shi” WOW!!
You just don’t mention people like that, now they have to defend themselves on this blog.
Yeah great headline and hook but it’s an old trick.. LOL.
There is no diversion my friend. I did not write the Wi.com post and Michael stands by that post. That’s 90 comments strong and people have been allowed to voice their opinions.
This post was about a fair number of people painting everyone or every situation with the same brush. That they were full of shit or every story is bogus.
I defended Aron he did not have to defend himself, other commenters have also backed him.
Raymond you refuse to acknowledge there is no cure for stupid. #ignoretrolls
Having just read the Namepros thread I have to say that I am now very skeptical we every landed on the moon.
I saw that Anthony it went off topic to the moon landing. funny stuff.
Loved the post, Aron is a good dude and fellow Texan.
This;
If they wouldn’t turn down $1.5 million then no one would, anyone saying anything to the contrary is full of shit.
If we can be real, completely honest, most domain investors don’t operate at the highest levels of domaining. Doing six and seven figure deals, international dealings with language barriers, legal opinions and contracts.
So maybe you are playing checkers while others are playing chess.
You are so right, brilliant.
I am not full of BS, my march madness NCAA bracket will be perfect but I won’t fill it out until April 3rd(lol)
Am I allowed to say I refused a 6-figure offer if I subsequently got a higher 6-figure offer and the name sell?
Come on people… I will not ask for permission.
I will say I have an offer when I think it is a real offer. Years ago I had a $150,000 offer with a big pharmaceutical company. It was a real offer. Someone changed his/her mind at the last minute. I had even signed the contract they had send me. Was it a real offer. Yes. Was the sale completed. An offer is an offer. A sale is a sale. There is a difference.
If I said I got an offer on a stupid .gr domain for $10,000 and refused it then I would be full of shit. I got the “offer” today, the “buyer” clearly didn’t know what he was doing and if I thought it was real we would be in escrow by now.
I will say what I want and when I want. Like everyone else. It is up to people to recognize the bullshit.
Yes. Aron had a $1.5m offer. So? Of course I believe it. The offer is up to par to what other similar domains are selling for.
Yes I have refused both 5 and 6 figure offers. So what? If you don’t believe me, I don’t really care.
So yes if I get what I think is a real offer I might choose to disclose it. I usually don’t do it in public.
I had maybe 15+ sales that fell through in the past 4 months. People don’t pay for various reasons.
I remember at least 2 occasions in the past few months that Mike Mann came back after announcing a sale and said that the domain was not paid or that it was some mistake. Most of his sales are easily verifiable. I don’t know what the problem is.
Funny post! lol
Almost 99.9% of the comments in domain forums are full of shit! And 110% of conversations in domain chats are Full of Shit! ahahahahaha
The solution of that Shit Load, stay away from domain forums and their chats. If you are always there, you are part of that Shit! 😀
Thanks,
on behalf of OmarVG.com
You don’t turn down a five figure offer.
@Domaining.pro
That is funny… 🙂
OK, here’s a five figure offer on Domaining.pro for you: 100.00 USD.
Our new leader in the US has made lying acceptable and expected.
You’re thinking of Obama, as well as the witch who lost this last election.
The real money is in toilet paper. 🙂
I know Mike Mann very well, and not that my opinion means anything within the domain industry as I’ve been out of it for almost five years, but I can say for certain that his sales are legit.
I myself have had one six figure deal with my personal portfolio and one as a broker from a cold call on a name I inquired about that I couldnt afford but offered to help sell. I have had more five figure sales than four figure sales beleive it or not , because maybe I am either greedy, or maybe because I am pateint and realize the value of my modest portfolio. Most people who come out and scream BS at a sale report are just full of envy because they have had very little success. I still see people making the same mistakes, making up crap keyword three word domains, unable to differentiate when a plural vs a singular is better value. I myself recall having that envy when I firrt started as good names were still available but hard to find and even harder to sell. Today its harder yet. I am almost exclusively dot com, Two words or less, 12 characters or less. My names still pay for themselves, I sell a couple a year usually five figure. ANd, im willing to bet that we only hear about half of the actual sales figures due to smart people wanting to stay low key. There is no point in bragging about a sale unless your a broker promoting your skills.
Well said, Raymond. Spot on.
just for the record ..i take any 4-5-6 figure offer
hahahaha!!!!