advice Extremely Premium Dot Com Advice Needed

[Cush]

I am signing a contract to broker a certain .com domain for a friend of mine that is extremely valuable (7 figure minimum). He is not a domainer, but acquired a number of wonderful (and some not so wonderful) domains over the years.

I don't have much experience in this realm, but was curious, aside from reaching out to a few particular parties first directly to see who might be interested, where can you list or promote a domain that can easily fetch 7 figures.

Thanks!!

 

[VadimK]

If you ''don't have much experience in this realm'' - broker is your best choice, especially if talking 7 digits figure.
But if you shoot the name, you'll get a wider range of opinions right here.

 

[topdom]

What will the contract be like: He will sell the domain somewhere, and you will get the commission whatever the price is? ...( I made a suggestion for marketplaces a few years ago: include discount coupons which would also act as a way to track broker commissions, , noone seemed to listen, but it would make many sales happen, because everyone would try to sell someone else's domain without taking any risk. A good plan needed to avoid all possible accidents, and abuses. )

What I would do, I would list it somewhere in make offer form, and handle all negotiation in coordination with the seller, I would use his data, except email and phone and not give him the username/pw. When it looks like the sale is likely to happen, then I would swap my commission with user/pw, and also sign a contract. Any cheater would lose. (just an idea, I'm too naive in all this).

 

[johnn]

Where do you get the 7-digits figure from?

 

[Cush]

Thanks. I can't share the domain name yet, as I am waiting to finalize the contract, but trust me, after being involved in domaining since 1997, I know a 7 figure .com, and I am sure you would all agree too.

 

[GigStartups]

I am signing a contract to broker a certain .com domain for a friend of mine that is extremely valuable (7 figure minimum). He is not a domainer, but acquired a number of wonderful (and some not so wonderful) domains over the years.

I don't have much experience in this realm, but was curious, aside from reaching out to a few particular parties first directly to see who might be interested, where can you list or promote a domain that can easily fetch 7 figures.

Thanks!!

Kindly DM, Thanks,

 

[jamesau]

Only a few brokers are experienced at that level so it should be easy to find the right partner.

Bear in mind that 7 figure sales are to end users. You could be waiting decades to hit that target, even if everybody values it the same.

 

[Mister Funsky]

Looking forward to seeing the name (when you are ready).

If it is that strong, just putting in the 'make offer' forum (in a masked form of course) would bring a qualified broker or two out. Then you can determine the best offer they make for brokering the name.

 

[Cush]

Looking forward to seeing the name (when you are ready).

If it is that strong, just putting in the 'make offer' forum (in a masked form of course) would bring a qualified broker or two out. Then you can determine the best offer they make for brokering the name.

Really good point. Thanks for that. I will absolutely do that when the time comes. My game plan is to approach the two main end users first, and after that, potential take on a partner broker.

 

[jamesau]

Really good point. Thanks for that. I will absolutely do that when the time comes. My game plan is to approach the two main end users first, and after that, potential take on a partner broker.

I would caution against this. If you're hiring a broker let them make the approaches.

 

[redemo]

Why are you scared to approach a professional domain name broker directly now?

 

[E-Promote]

This thread feels like a political campaign

 

[VadimK]

This thread feels like a political campaign

I'd say more like a pitch.