5 ms·
They paid $8k for the domain and $4k to the broker. (At least, that's how I'm reading it- I agree it could be worded more clearly.)
by mhink 3y ago
They paid $8k for the domain and $4k to the broker. (At least, that's how I'm reading it- I agree it could be worded more clearly.)
- lostlogin 3y agoDid the broken do more than offer a couple of opinions? That $4k seems steep.
- thrtythreeforty 3y agoSounds like the broker got paid for his advice on not poking the bear. That could easily have saved $4k.
- lostlogin 3y agoBut the asking price was $8k - you’d have to go in very hot to get yourself a 50% price rise (which would justify the broker’s fee in this instance). However I am aware of how squatters behave, so this could actually happen.
- iudqnolq 3y agoThe risk was that the seller would realize the buyer was a company with VC money and an investment in the name. The broker thought that the seller might ask for an order of magnitude more if they knew that.