App development company wants to buy my domain name



offer it for $25k and wait them out. domainers always say "We've turned down offers of 10x that" whether you offer them $25, $2,500 or $250,000. It's like domainer standard practice or something. Domain buyers know that so the first offer is often their idea of a lowball.

Also:

he is willing to offer me $250 up front for the domain name and $2k later, once the app is up and running

seriously, what kind of bum offer is that. $250 up front. This guy is a lawyer. Lawyers don't work for less than $250/hour. $250 doesn't buy you doggiepooperscooperstoreinidaho.com for goodness sake. Tell this clown to come back with a real offer unless the domain is a complete POS