domain I think I screwed up big time on Mr.Watch!

Hello!

I would say high $xxx to low $x,xxx for an end user, at best.

mr.ag 510 USD 2017-07-09 Park.io
mr.club 2,030 USD 2016-12-06 Sedo
mr.at 1,220 USD 2016-11-21 Sedo
mr.beer 670 USD 2016-10-18 Flippa
mr.club 2,030 USD 2016-09-16 Sedo
mr.bio 205 USD 2016-07-21 Flippa
mr.cc 3,100 USD 2014-07-30 Sedo
mr.tv 3,700 USD 2011-03-24 SnapNames
mr.org 11,400 USD 2009-12-02 Sedo
mr.org 8,800 USD 2009-06-30 Sedo
mr.com 125,000 USD 2004-01-01 Sedo

I don't know. I have made two sales.
First I countered at approx 23x and the other I countered at approx 20x. First one sold at 20x and the other sold at approx 16x. You just never know.
Both offers came in out of nowhere. Didn't even have a landing page for them like you do.
Quite the rush when it's going aye? Part of the game.
No clue what you are asking or what it is even worth to someone but Good Luck.

Dear Mr,Watch owner. Tell us what the initial off was and what your counter offer amount was.

I personally think .Watch is a very narrow niche Tld. It may take a long time between offers being such a new gTld. Let us know what a realist price for Mr.Watch is in your own opinion.

Love the name for it's originality and eye catching dynamic.

That said no doubt the " .watch " market is rather small.

Unless the name was acquired at a premium price would be reasonably patient and reasonable in it's
re-sale.

There are numerous online watch companies, watch re-sellers, watch discounters, and the like and surely a brief outbound email simply listing the name for sale at a fair price might tempt a watch com. to acquire the name.

Might suggest an asking range of $1500 - 2500, the aprox. price range equivalent of a very decent quality timepiece.

If a few counter-offers come your way ( lower) you probably will have a fair market value for the name.

Oldgraybeard said:

I personally think .Watch is a very narrow niche Tld. It may take a long time between offers being such a new gTld. Let us know what a realist price for Mr.Watch is in your own opinion.

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I'd rather not get into specifics regarding the offer, or my opinion of the offer, which I thought was low, which is why I posted here for an opinion of value, and I agree with you, that it's a new gTLD and a narrow sales niche, but high end jewelers make good money and all the SEDO Mr. sales provided by @rubencouto were all over $x,xxx, while mine was close but not over $x,xxx.

Thanks Ruben btw!

I would have taken the money on this one

There are very few end-users that would want this name and the ones that might want it wont be spending big on a gtld...its more likely a domainer and that's why they went running when you countered. Most end-users have never heard of these new extension.

Check the above metioned Mr sales in the new gtlds, none are developed, they all seem to be parked so its probably just resellers. You also cannot compare Mr.com, Mr.org, Mr.at, Mt.tv to new gtlds, these are much better short cctld and global extensions.

I would have countered maybe x2 and then taken the money if it was accepted...you wont be getting frequent offers on this one

Good luck

Get back in touch if you can!

id give u 100 for it

hold out for what you think its worth....nice short name....or be mr.nice and sell it to @Want2learn learn for 100 !

I do agree that MR dot Watch is quite an nice niche name. I love the name actually. Maybe someone on
A M AZ o n dot com. I did a basic trademark search on mr watch their is a Trade Mark on MRWatch, but it's dead. Their is a (Live) Trademark on "Mister Nice Watch" and an TM on " Mister Jones Watches" I think you are TM clear, but I just did a free basic check. Don't sell too cheap! The guy with the dead TM (MRWatch) could renew back to live TM status. Something to ponder! Check Trade marks at uspto dot gov. under TESS.

I'd say to a domainer it's not worth much, probably xxx but to an end user I'd be looking for xxxx range. Don't limit yourself to just watches, it's up to the end user how they want to brand the name. Logo's are nice but sometimes IMO distorts the domain and idea someone might have. I'm guilty of making logo's too but have pretty much stopped unless it's spot on.

This domain could be used for a private detective, security co., monitoring of some kind etc.. When I seen that pocket.watch sold, well I thought it would be vintage pocket watches or something like that. I was wrong, check it out. It sold to an end user for $6,800.00 USD..

Good luck...

As I like to say, the first offer received is often the last you'll ever get.
Not sure there are many end users for this one.
That's why every domain should be purchased with a possible development plan in mind.

Oldgraybeard said:

I do agree that MR dot Watch is quite an nice niche name. I love the name actually. Maybe someone on
A M AZ o n dot com. I did a basic trademark search on mr watch their is a Trade Mark on MRWatch, but it's dead. Their is a (Live) Trademark on "Mister Nice Watch" and an TM on " Mister Jones Watches" I think you are TM clear, but I just did a free basic check. Don't sell too cheap! The guy with the dead TM (MRWatch) could renew back to live TM status. Something to ponder! Check Trade marks at uspto dot gov. under TESS.

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if I reg a name when a TM is dead and the owner later renews it, is this in bad faith?

autobot said:

if I reg a name when a TM is dead and the owner later renews it, is this in bad faith?

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Its hard to answer your question, because it depends on various circumstances.

In general, it could be considered as a bad faith.

Remember, trademark databases (such as Wipo, Trademarkia) are not a Holy Books indicating whether a name is a trademark or not.
From the domainers perspective, the most important fact is whether company uses its name as a trademark (for its goods or services).
Once you have found some kind of use, then the next thing you should check is whether that use is a trademark or not.

Again, its hard to summarize this kind of issue in just a few sentences, but I hope this can help.

Dominique said:

Its hard to answer your question, because it depends on various circumstances.

In general, it could be considered as a bad faith.

Remember, trademark databases (such as Wipo, Trademarkia) are not a Holy Books indicating whether a name is a trademark or not.
From the domainers perspective, the most important fact is whether company uses its name as a trademark (for its goods or services).
Once you have found some kind of use, then the next thing you should check is whether that use is a trademark or not.

Again, its hard to summarize this kind of issue in just a few sentences, but I hope this can help.

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Thanks for your answer.

@Kate what do you think?

autobot said:

if I reg a name when a TM is dead and the owner later renews it, is this in bad faith?

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Define "dead".
And it depends a lot of intent too.

Duncan Burgess said:

Get back in touch if you can!

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+1 for this. I've overshot with counteroffers in the past, easiest way to get back in touch with the bidder (after they cancel) is to reach out to one of the Sedo brokers.

I'd say low $xxxx to an end user. Low $xxx to a domainer.

Kate said:

Define "dead".
And it depends a lot of intent too.

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Okay, 'dead' in this contest means when the TM is expired and has been unrenewed for some time

TheDot.shop said:

A few weeks ago I received an offer for Mr.Watch via SEDO which I countered at 10X the offer and the buyer promptly ended negotiations. I think the domain is worth more than what was offered and I was certainly willing to negotiate, but I believe my counter offer scared them away. I started thinking that maybe it's only worth what was offered. What do you think Mr.Watch is worth? Thank you for your time and opinions!

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I would consider this a nice brandable - 2-3k in 2017 imo

not all bidders on sedo are endusers - some are other resellers and domainers looking for a good deal.

if he wanted the name he would have counter offered, no counter = no interest

since he didn't even counter, leads me to believe it was just another reseller looking for a cheap name.

It depends on how much you needed the $$$. If you don't them move on and add BIN price, maybe they'll be back.

Personally, if the offer is 20-50% return I usually take it and keep turning inventory.

This is super specific branding domain. I believe you needed to work with the offer people, with the knowledge eventually to cave into them as long as there was a profit on the table. There always a "whats your final offer" email that can be sent (even if the deal seems over). My rule with these crawling back scenario is as long as they don't dick with me and offer less than their previous high offer, I just take it. Good Luck