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I always respond to a buyer but, I have learned if someone writes and says, "I am interested in thisdomain.com, how much do you want for it?" If you respond with a price, you will almost always never hear back from them. Granted maybe I respond too high but if you only want to spend $50, then make an offer for $50.
It is "bad form" to go fishing with a seller and ask them what they want to sell it for. A buyer should always mention in the opening letter that they will be making an offer or make an offer right away. Unless the domain is already listed Fixed Price somewhere.
That method is best for both parties imo.
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