As I recall we did something like...
if price < x, commission = y%
price > x, commission = y-5%
Regardless, hard to have a perfect transaction in this kind of thing from a buyer's point of view because by default you have imperfect information. Such is life.
I've done something similar. Base rate plus anything under "x" I get a percentage of the "savings". But for me it's less of an issue as I do this mainly for fun. I did it for free in the beginning but it ended up taking to much time so I started to charge to slow things down. I just had a deal where I bought a domain for $3000 less after my buyer already had agreed to the sellers price and the deal was done. I smelled blood in the water so I got the seller (w/o the buyers knowledge) to lower the price more just for the fun of it.
In general I will see what the budget is for the purchase and if not reasonable won't take the assignment at all.
Nice write up. Just curious, was renaming during the rebrand an option? Seems like the money used to purchase the domain could have been used elsewhere.
What a fantastic write up and outcome. Branding isn't everything, but it's not far from that either. It defines the entire UX from the moment a person first hears your name to the moment that person becomes a paying user.
I really like the new branding + logo. Good call on the change. One negative point of feedback (nothing to do with the name or logo): the split image on the home page is poorly done in my opinion. It looks freakish.
Huge step up! Love the green color palette with the orange button. I agree with the comment by adventured about the split image on the homepage. Out of curiosity, was this A/B tested thoroughly or just "chosen"?
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[ 3.4 ms ] story [ 51.7 ms ] threadIt was owned by someone who's name is actually Gengo, and had a business predicated on the name. So he was reluctant to sell.
The broker got between 10-15%.
(I've been doing this since 1996...)
Regardless, hard to have a perfect transaction in this kind of thing from a buyer's point of view because by default you have imperfect information. Such is life.
I've done something similar. Base rate plus anything under "x" I get a percentage of the "savings". But for me it's less of an issue as I do this mainly for fun. I did it for free in the beginning but it ended up taking to much time so I started to charge to slow things down. I just had a deal where I bought a domain for $3000 less after my buyer already had agreed to the sellers price and the deal was done. I smelled blood in the water so I got the seller (w/o the buyers knowledge) to lower the price more just for the fun of it.
In general I will see what the budget is for the purchase and if not reasonable won't take the assignment at all.
Probably relevant to mention that "Gengo" is the Japanese word for "language". So it makes a lot of sense for us.