Are There Two Markets?

[bigboss]

As I was looking around this site and some others
it looks like there are two markets for selling
your domain names.

One market is the domainers...
and the other is regular people

Domainers don't want to pay a lot for the name
buy low sell high yah know

And the regular people will pay at the price
they think the domain name is worth...
Which is a lot more

So when I get a name appraised I have too
look at what market I am pointing it to

reversingcreditcarddebt.com for domainers is
about $50 bucks, if that

I had it appraised by a so called pro appraiser
they had it up to $4500 and I paid $40 bucks
just to find this out

I know that it won't sell for that
but what is the real price?

I think I'll just toss it on ebay and
let them fight over it

I am new to this selling name stuff

Thanks John

 

[Jeff]

There ARE two markets ... "wholesale" (like here, for fellow domainers), and "retail" (the end-users who are likely to pay more for a domain they really want, or need).
Appraisals, generally, on these types of forums will be for "wholesale" ... but that does NOT limit you from marketing the domains on your own to the higher-end folks.
It's a bit confusing at first, but you'll catch on OK. Don't take appraisals personally, and keep moving forward with your marketing efforts!
Have fun, too.

PS. Don't get too excited over eBay if your appraisals in the "wholesale" arena are low to mixed, IMHO.

 

[RJ]

And please for the love of all that is holy, don't pay $40 for a domain appraisal again.

Your reversingcreditcarddebt.com domain is a perfect example of why not to. They gave a value with no substance to back it up. If this company was reputable, they would at least offer to purchase the name from you for 10% or even 5% of what they appraised it for.

But what coolhost says it right on. There are two markets for selling your domain in. It's up to YOU if you want to sell your domain to another reseller. The benefits to selling to another reseller is usually the transactions are easier and you can get a small return on investment relatively quick.

Of course price wise, most resellers will not buy a domain unless they are relatively sure they can sell it for at least 3-4x what they are paying for it, OR you've priced it low enough that they can forsee a sale to another reseller for more.

 

[bigboss]

Thanks Great Info

I would like to sell it at retail

Using RJ's formula $50(wholesale) x 3or4
that makes the (retail) sell price at $150 to $200

Well at least I would get my bad investment
of the $40 bucks back plus my reg fee

Kool!

Thanks Again
John

 

[Jeff]

Originally posted by bigboss
Thanks Great Info

I would like to sell it at retail

Kool!

Thanks Again
John

You're welcome, Boss!
You would like to sell it at retail? Me too. It's the Holy Grail, the Big Cheese ... it's to which we all aspire. I wish you the best.
Take care.