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Selling a Domain
So, I have this domain that I assume has a bit of worth to it, as over the last 3-4 months, I've gotten a few emails of people trying to buy it from me. They always ask what I'd sell it for, but I either don't respond or say I'm not interested in selling it. I'm not really using it for anything, 1&1 by default automatically registers it for me, so - you know, I guess I'm just lazy in not doing antyhing with it.
But, here is the question... I'm ready to sell it. But, what should I ask for it? How would I go about determining how much to sell it for? I mean, I could just charge them what I was charged, but I would like to make something off of it, especially if they're willing to buy it from me.
Please help.
But, here is the question... I'm ready to sell it. But, what should I ask for it? How would I go about determining how much to sell it for? I mean, I could just charge them what I was charged, but I would like to make something off of it, especially if they're willing to buy it from me.
Please help.
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Garvin, whats the domain?
You may not see me for a while, cause once the Wii comes bakc into stores here in Cleveland, that's where I'll be... infront of the TV playing with a wii.
You'd need to share the name if you wanted me to comment in specifics. But, for starters, if
several others are asking to buy it, the domain is probably worth way more than you paid for it...
TIP:
Check out if you cannot make money with the domain yourself to cover the yearly renewal cost.
I own 200+ domains, the revenues of the top 10 cover the renewal costs for the rest. In this
respect I prefer domainsponsor.com (50% higher click-revenues than sedo).
Before you sell it, and if the domain name is OK or better, consider getting a SEDO domain name
appraisal report (they once surprised me big-time, asking 3x what I thought it was worth on a
good day). They investigate/judge several factors, e.g. misspellings, length, trademark, etc.
It can strengthen any negotiations about a domain.
If you do decide to sell, never EVER sell it without an escrow service, and NEVER trust anyone
who proposes to switch the sale to another escrow service or pay you directly via paypal, so
'you both save'. There are some crooked/fake escrow services around, created just to screw
you over.
I'm actually speaking from experience here. I almost let greed get the better of me when I was
offered $35k for a domain appraised at $15k, only to have this guy propose changes at the last
minute, and I was one mouse-click away from losing it for chump change.
Known trustworthy ones are network solutions (nsi.com) and sedo.com. There are others but
I'm lazy. Domainsponsor.com probably also offer escrow services.
T.
My domain that was valued at $15k by Sedo, is valued as $200 by DNScoop.
DNScoop bases value on existing links & traffic but for traffic estimates
they depend on Alexa stats, which are really easy to 'game'. The potential
in domains (e.g. typotraffic, subject etc.) is not taken into account.
See http://www.urltrends.com/partners/sedo.php?url=http://www.elbo.ws
Garvin, afpress.com was a great name. short, no trademark etc. Should be at least $2500