panameraxo
New Member
- Impact
- 3
Hey everyone,
Full disclosure - I'm not in the domain name selling or buying business. I am in the tech industry (web developer) but this is a whole different world.
My parents own a small retail store since 1997 with a single english world .com domain name. They will be retiring soon and closing the business so we are looking at selling the domain. Screenshot of data from Semrush on this word (not the domain) here.
I am a bit overwhelmed by the valuation and selling process and not sure where to start. We did a valuation appraisal on Sedo a couple of years ago that valued it at $50k. The GoDaddy valuation tool only returns $8k, so I really have no clue.
Any advice would be great appreciated on how to properly set a starting price for this domain and where to sell it. Thanks!
Full disclosure - I'm not in the domain name selling or buying business. I am in the tech industry (web developer) but this is a whole different world.
My parents own a small retail store since 1997 with a single english world .com domain name. They will be retiring soon and closing the business so we are looking at selling the domain. Screenshot of data from Semrush on this word (not the domain) here.
I am a bit overwhelmed by the valuation and selling process and not sure where to start. We did a valuation appraisal on Sedo a couple of years ago that valued it at $50k. The GoDaddy valuation tool only returns $8k, so I really have no clue.
Any advice would be great appreciated on how to properly set a starting price for this domain and where to sell it. Thanks!