Can I ask a stupid question----How do you get offers

[Volholic]

for thousands of dollars on some of these domain names?
I understand the ones that are short and simple but like the one that was in another thread---buzztracker I think----or the 100's of other names that I have seen that I would not give 50.00 for.
Is it the seller just asking that much for it or is it the buyer offering that much for it.
I know a few people have talked about trying to sell the names on here for 20.00 or 50.00 and noone buying them and then a few weeks later selling it on sedo for a 1000.
I mean if you were trying to sell it here for 20 and someone offered 100 on sedo wouldnt you take it----or did the buyer not offer that low?
I guess what I am asking is how does the negotiations work?
I am still waiting to sell my first domain---I mean if someone offered me 500.00 for one of my crappy names I would probably jump all over it.
Maybe someone can help me with this.
Thanks

 

[Phronesis]

By far the easiest names to sell are type-in .coms with revenue. Owning 100 "Brandable" names is a complete crap shoot. One would be better off using the $1,000 they'd spend on those to buy a quality traffic name and start working their way up the food chain.

But if an end-user wants a specific name, they'll pay for it. I think most people forget though the likely resources of their target audience. A comic book collector probably won't spend more than $1,000 or so on a brandable domain. A major corp though might spend six figures.

 

[Halobitt]

Can I ask a stupid question----How do you get offers

Patience young padawan (and luck).

Every week on DnJournal I see names go for a lot less than what they could possibly have reached, if the seller had more patience and didn't want a quick sale.

 

[verbster]

Interesting. Every week on DNJournal, I see names going for far more than I would have thought...not the really good names, but the marginal ones...or at least I thought they were.

 

[SpareDomains]

any domain is worth registration fee, unless you find that end user that needs or desires your domain name, a reseller will offer less on the intentions that they will find that end user and make a profit on your name which is generally the offers you will get from forums, the end user will offer more as they will put the name to work for them and if the domain has any existing traffic that will help in value as well, I have had higher offers come in on some then I expected, also lower offers then I expected which needed to be negotiated, total crap shoot on all of them, but generally if you own nice business domains where the industry you target is profitable those end users have the funds to purchase if they desire the domains you are holding as their investment for your domain will pay itself back on the product or service they are selling, patience is the key, could get an offer for 1,000 today, but you may get an offer for 5,000 in 3 months, gotta know when to hold them and know when to fold them and cash out, some sellers simply buy domains for registration fee and are happy selling for $20 or more as they deal in bulk and don't mind the smaller profit margins, where others buy less domains but more premium domains and will hold for 1k plus offers until they sell, depends on what makes you happy selling tons for small profit or targeting higher end domains for a bigger margin but less sales, I do think that with all the recent publicity on television and newspapers that some reseller companies are starting to offer more end user type offers on quite a few. definitely list everything at sedo & afternic as a start and try to find those end users who desire what you hold, I believe there are a few threads on finding end users in this forum. good luck

 

[Halobitt]

Interesting. Every week on DNJournal, I see names going for far more than I would have thought...not the really good names, but the marginal ones...or at least I thought they were.

Also very true!

 

[khuldun]

It simply depends on whom the buyer is, if he is an end user, he might pay you alot more than what a middle man or a reseller would offer you.

 

[superprogrammer]

Keep on writing emails to the people you think might be interested in your name
Park your name with message stating this domain is for sale
Visit forums and be updated about the people whom to contact etc

 

[equity78]

Send emails, spend a little on advertising, and post in forums too plus a some luck and patience helps too

 

[DOMiNIC]

Patience young padawan (and luck).

Every week on DnJournal I see names go for a lot less than what they could possibly have reached, if the seller had more patience and didn't want a quick sale.

Never jump to quick conclusions on DNjournal Sales.

A good education is to look up each sold domains whois, then check the history at archive.org, do some research at URL trends, check the overture etc. etc.

Many sales have very little to do with the name alone, but others do.