Every once and a while a potential buyer does something that’s a bit of a head scratcher. At the end of the day things like this don’t bug me too much, but I do think it’s annoying and a waste of my time and theirs. I know there are a lot of startup founders and entrepreneurs that read my blog who are looking to buy a domain name so hopefully this can be useful to you as a lesson of what not to do.
Yesterday someone reached out to buy a domain name from me. We went back and forth and settled on a price. I started the transaction on Escrow.com, seemed like a pretty normal domain deal to me.
This morning he emailed and said, “I checked with my partner and it turns out he doesn’t want to spend any money on this domain, sorry for wasting your time.”
While this didn’t waste much time, honestly the whole thing probably took up around 5 minutes of my day, it is annoying and it certainly makes me thing, well if they come back in the future I probably wouldn’t want to go back down to the price we had agreed on before.
The moral of the story? If you’re making an offer on a domain name, make sure you actually want to buy the domain, it seems simple but since this isn’t the first time this has happened to me I can tell you that it’s not something that goes through everyone’s mind.
Has this ever happened to you? Or have you ever done this to someone? I want to hear from you, comment and let your voice be heard!