Quote:
Originally posted by Taboo
If you're not happy with their $5K offer, tell them you're looking for a more substantial amount ($30-$50k) but you are willing to license the domain to them for $3-5K/year. Tell them that if you ever decide to sell or receive a buy offer during that year, they will have the "first right of refusal". Let them know they can start using the name tomorrow by licensing it today. This way they can test drive the domain before buying... and you'll even let them deduct their licensing fee if they choose to buy. They obviously low-balled their original offer but you've given them two options, so it's no longer a yes or no situation, it's a win-win. You can even structure the licensing deal as $X,XXX upfront and $XXX per month and they can cancel at anytime, but minimum 6-12 month arrangement. It's up to you... mix & match everyone's advice and find a solution that you're comfortable with and make sure to have a detailed contract.
Good luck.
Let us know how it worked out.
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Good advice, i think i will use something like this, i was considering renting the domain for a couple of points of a loan but right now i didn't need to borrow any money.