Got an offer for NNL.com on Sedo, what to do?

[winst]

I've got an offer for my NNL.com domain name on Sedo. I did not realize Sedo is taking $50 for their service. I would have set a higher reserve price if I knew.... Should I bump it to Auction and hope to get higher bid?

Thanks

 

[Name Trader]

I think you should counter offer first. Whatever you think the domain is worth but not your lowest acceptable price.

 

[VURG]

Assume that you won't get any other bids with the auction. If you are still happy with the offer, then consider auction but if you aren't happy with the offer, don't.

 

[labrocca]

What was the offer?

 

[leede]

need more info if you can post,
so a closer answer can be predicted.

 

[winst]

I got an offer for $100. I guess I didn't totally understand the rules: My reserve was $100. So If I go ahead with the auction, I will have to sell it at $100.

I think I saw somewhere the NNL.com are selling for $125 or something.

W

 

[champ_rock]

for the current market value you can refer to http://3character.com/priceguide.html

if you sell yours for 100$ that means you will be left with very less after deducting Sedo charges.

 

[winst]

Thanks for the info, everyone. After I put my NNL in EstiBot, it gives me the following

Frequency: 1,650,000
Anchor Text: 19,300
Title: 21,600
Backlinks: 0
Exact Search / Mo: 26

Valuation: $1109

So I've decided to cancel the negotiation at Sedo. I did not know I could cancel it even after the buyer has met my reserved price.

 

[Spade]

Winst - be careful. Estibot is only a tool to let you know if potentially your domain has value... a sales price of $1109 is unlikley on a NNL.com

 

[loko123]

1109$ maybe it is a little overpriced, try to get half of it if you can.
in any case good luck.

 

[cache]

3 char price is not that hard to determine. Just use 3character.com

 

[estibot.com]

3 char price is not that hard to determine. Just use 3character.com

Not that simple. 3character.com says NNL.com is worth minimum $145.

This is far from sufficient data to valuate your NNL.com domain name. This is the minimum sale price during the past month.

It's not necessarily a good thing to sell at the minimum price, unless you really need to move the goods and keep the cash flow going, and you paid less for it yourself. You may want to get the maximum potential out of your domain. Sometimes, with poor character combos, this potential may equal the minimum price, with strong characters you are looking at a different value altogether.

Winst - be careful. Estibot is only a tool to let you know if potentially your domain has value... a sales price of $1109 is unlikley on a NNL.com

DomainSpade is absolutely right. Also remember that EstiBot is in BETA. EstiBot can help you with your research, but you should not make decisions based on EstiBot valuation alone.

In order to try to help you out with setting the price tag, I have compared some recent NNL.com sales to EstiBot valuations:

56e.com known sale price $300 Estibot valuation USD 668

67d.com known sale price $186 Estibot valuation USD 384

06F.com $175 Estibot valuation USD 1,969

83i.com $260 Estibot valuation USD 1,022

44s.com $678 Estibot valuation USD 618

62p.com $400 Estibot valuation USD 612

96g.com $250 Estibot valuation USD 496

52H.com $900 Estibot valuation USD 1,244

-----
In summary, I'd say EstiBot tends to overvaluate NNL.coms a bit. I would not expect a >$1,000 sale of an NNL.com unless the NNL combo is especially strong. However, a valuation of >1k might mean that the combo is reasonably strong and you might be expecting a better price than what is suggested by the minimum price by 3character.com

I will be tweaking EstiBot to optimize better for NNL.coms. Stay tuned.

It would help us to know what the domain is.

Hope this helps!
Josh

 

[Name Trader]

Why not just counter offer instead of canceling?