When a potential buyer submits an offer for your domain on GoDaddy, it should be the start of a productive negotiation. But what happens when the process stalls? More often than not, the issue boils down to misaligned expectations, a misunderstanding of what price range you’re willing to entertain.
This is where the Minimum Offer Threshold plays a crucial role. If set too low, it invites unqualified buyers who have no real ability to meet your actual price expectations. If set too high, it may scare off potential buyers before negotiations even begin.
The Problem With Low Minimum Offer Thresholds
Many domain sellers make the mistake of setting a low minimum offer in the hopes of attracting more buyers. The logic seems sound: “More offers mean more chances of selling.”
In reality, this strategy backfires because:
It attracts bargain hunters who may not have the funds to meet your real asking price.
It sets a low expectation for negotiations, forcing you to justify a much higher price than they anticipated.
It turns the conversation into a transactional tug-of-war rather than a strategic negotiation.
For example, if your domain is priced at $4,499, but your minimum offer threshold is $100, the buyer will be shocked to hear the real price. They likely won’t engage further, and you’ve wasted valuable time on an unqualified lead.
Setting the Right Minimum Offer: A Smarter Approach
Instead of using the minimum offer threshold to lure in any buyer, use it as a filter to weed out those who aren’t serious. This approach ensures that every conversation has real potential.
Just Ask Yourself: What is the lowest price I would actually consider for this domain?
Set your minimum offer threshold at a price that signals where negotiations begin, not end.
Ensure buyers understand they need to start at this number if they want a conversation.
If a buyer only has $100 to spend and your real minimum is in the thousands, they aren’t the right fit. By setting the correct minimum, you allow your broker to work within a realistic range, maximizing your chances of closing a deal.
How a Broker Can Help You Navigate Stalled Offers
A good domain broker won’t just accept lowball offers—they’ll reframe expectations and bring negotiations back on track. If a buyer is hesitant because they were expecting a much lower price, the broker can:
Educate them on the domain’s market value.
Encourage them to meet your minimum to enter serious discussions.
Prevent wasted time on unqualified leads.
At worst, if a buyer’s maximum budget is below your set threshold, they’ll be ruled out, saving you unnecessary back-and-forth. At best, they’ll meet your minimum, and you’ll have a deal to consider.
PuzzlingThoughts: Set Yourself Up for Succes
Don’t let stalled offers on GoDaddy frustrate you. Instead, take control of the negotiation process by setting a realistic minimum offer threshold. The right price filter ensures you attract only serious buyers and positions you for profitable sales without wasted time.
If you’re looking to maximize your domain sales, check out The More Domains You Own, the More Sales You Will Get for more insights on building a portfolio that works for you.
So, the question now is:
What is your true minimum offer threshold? Set it wisely, and let your broker handle the rest.
