$20k offer from GoDaddy broker for my domain, what next?

Without knowing the name there is no way anyone can offer any constructive information as to pricing/value.

You can post the name and obfuscate it so it wont be indexed and I'm sure you will get input.

Thank you. The name is mimetic, it is a "com". (I didn't see a computer obfuscation).

You have an offer of 20k for a name you do not know the value of.

You say: ”I don't want to spend a lot of time on this”

Sounds to me you should accept the offer and run with the money

In the quote above I did not include the name on purpose...in your post above, somewhere in the actual 'm' name, maybe add a space or two between some letters to help keep it out of indexing.

I sold a similar name for about 18K not too long ago. Your particular financial situation comes in to play but as a matter of business, I rarely accept the first offer. There are only so many decent dictionary words out there...you need to do a deep dive on pricing to ensure you do not leave any money on the table.

well im quite sure broker fees not negotiable as this would most likely go thru godaddy and or afternic buynow at 20k. subject to whatever fees they have.. to not pay sale fee seller would have to basically counter it to cover the fees with extra amount.

Technically you're right. But the buyer can pay more (albeit via Afternic) to cover the Seller's costs. This makes the buyer feel different, because psychologically they rearrange these additional administrative costs for the domain in their minds. Psychology 101.

yes as I said seller can ask for more to cover fees..but that's just a counter offer equivalent.... I seriously doubt any broker will ever present a counter offer as saying that the extra cash is to cover sale fees. that would look worse than just a counter imo. psychology 101

These are tricks that good brokers also employ. But it depends entirely on the cooperation of the broker you happen to meet, how this is conveyed to the buyer.

did I miss something or how do u know what he paid it?

well it ain't hotel keyword for sure ... and most didnt even think it's a word... until someone posted all the companies that use it... plus whois goes to a 1996.reg date. still nobody knows what seller paid for it .. so depending on overall roi its seller call... but all in all 20k is great offer that unless u invest 10 or 15k to buy a name then 20k is rare to get ....

good point.. but we all assume seller at minimum checked email header to be godaddy... even so there is zero guarantee buyer will finalize and pay even when going thru broker... and especially if he accepts some higher counter from seller.

Maybe so but if the name is something companies are using then isn't there an argument they could just sue for it? Domainers can't get too greedy.

Well no, what you clearly notice in this thread is a difference in strategy. Not all domainers have the same strategy. In the end, it remains the OP who has to decide what to do with the (all good, but sometimes contradictory) advice given in this thread.