Can you sue a buyer for backing out of a deal?

Hi everyone,

The other day, after negotiating back and forth, we were offered a fair amount for one of our domains from the buyer and we accepted. This was over email.

Anyway, days later they say they are not doing it anymore because they think the domain is worth less and they’re willing to do half the price we agreed to. We have no interest in halving the price.

So, the question is does an accepted offer for a domain (over email) serve as a valid contract that we can take legal action…

Can you sue a buyer for backing out of a deal?

BB listed MajorCause//.com and 4 others

Explorezy//.com, Suggested price: $1595, Maximum price: $1915, Epik, exp date: 11/16/2020 Price: $20
Chatizo//.com, Suggested price: $1495, Maximum price:$1795, Epik, exp date: 11/6/2020 Price: $20
EpicRumor//.com Suggested price: $1895 Maximum price: $2275 NameSilo exp date: 5/27/2020 Price: $17
MajorCause//.com Suggested price: $1795, Maximum price: $2155, ConnectReseller exp date: 8/24/2020 Price: $22…

BB listed MajorCause//.com and 4 others

CaliforniaBikeRentals.com Start $1

Domain: CaliforniaBikeRentals.com
Registrar: Dynadot (push or auth code)
Renewal: 9/1/2020
Starting Bid: $1 or more
Bid Increments: $1 or more
BIN:TBA
End Time: 120h after last bid or BIN
Payment Options: Paypal
Happy bidding!

CaliforniaBikeRentals.com Start $1

VirginiaBeachLandscapers.com Current bid $5 BIN $8

Domain: VirginiaBeachLandscapers.com
Registrar: Dynadot (push or auth code)
Renewal: 8/13/2020
Starting Bid: $1 or more
Bid Increments: $1 or more
BIN:$8
End Time: 120h after last bid or BIN
Payment Options: Paypal
Happy bidding!

VirginiaBeachLandscapers.com Current bid $5 BIN $8

Show me your ‘DUBAI’ domain names

I have:
dubaisoccer.ae
dubaigames.ae
dubai.vacations
dubaivacation.ae
dubaivacations.ae
dubaipavilion.com

View attachment 137525

Show me your ‘DUBAI’ domain names