Asking price VS realistic sale

[DzAH]

Do you use any formula? Let's say you are convinced you would be able to get $ 1k / 2k / 4k / 8k for a domain (based on similar sales etc.), what would your asking price be?

PS
Im asking experienced domainers with multiple high sales..

 

[WatchDogue]

Do you use any formula? Let's say you are convinced you would be able to get $ 1k / 2k / 4k / 8k for a domain (based on similar sales etc.), what would your asking price be?

When I acquire names for potential sale I only acquire names I believe will net / profit a minimum of 1k whenever sold and ideally a realistic 2- 3k net / profit.

Usually I price names for a 2k - 3k net / profit and am prepared to wait years for their eventual sales as I am an inbound / passive seller using mostly Buy Now listings.

So my informal formula as such is to prudently purchase names that fit my minimum net / profit profile and start off seeking the maximum range for listed comps - for example - will list a name for a couple / few years at $3500. and if unsold after that time frame drop to a $2500 range and there it sits for years awaiting it's new home.

So in essence I might then be formulating a 20 - 30% initial Buy Now price over what I might " drop to " if the name remains unsold after a few years.

And at times some prices increase as markets and comps fluctuate upwards as well as the dreaded downturns.

 

[NLP]

With Sedo, another thing I look at is join date. If it's a new date, most likely an end user. If they've been with Sedo for years, most likely a domainer.

Yes, I know. Sometimes with end users, you still have to finesse them, or educate them as to why their lowball offers aren't in the right ballpark.

 

[poweredbyme]

Usually I keep lowering BIN until it's sold.

Does someone know what is the average domain sales price?

 

[BaileyUK]

enlightening to read that we all work to the same ol'Sedo 'available' metrics, couldn't imagine any old hand not being aware of what is to be seen. and from that a simple Google, pretty much takes you to base.

I do love this ol'game