Folks.
I need some help. I'm no domain trader, but I bought a .co.uk domain a few years ago for a project my wife was working on at the time. Nothing came of the project, but I kept the domain just in case. It's a two word domain, fairly obscure term (I'd never heard of it, my wife just liked it), although it's now the name of one of the ranges of a large UK fashion retailer.
A few weeks ago I received a 3 figure GBP offer on it which I declined. Yesterday I received a very modest 4 figure GBP offer. I have no reason to believe it's a scam from reading other posts - no mention of certificates, looks like a genuine fashion business consultancy I'm talking to that have been established for a long while. They've also stated they'll cover all transfer costs.
Question is, is there any real way to determine what a domain is worth to someone? Given that the post-pandemic retail sector will likely look pretty different in terms of physical/internet footprint, I'd imagine this particular domain could be worth a fair whack to the potential buyer (possibly either the retailer or the designer). I don't want to scare them off, as they could easily hyphenate or find other alternatives, but at the same time, I obviously want to maximise any returns.
Any advice from you sagely folks would be more than welcome!
Cheers
I need some help. I'm no domain trader, but I bought a .co.uk domain a few years ago for a project my wife was working on at the time. Nothing came of the project, but I kept the domain just in case. It's a two word domain, fairly obscure term (I'd never heard of it, my wife just liked it), although it's now the name of one of the ranges of a large UK fashion retailer.
A few weeks ago I received a 3 figure GBP offer on it which I declined. Yesterday I received a very modest 4 figure GBP offer. I have no reason to believe it's a scam from reading other posts - no mention of certificates, looks like a genuine fashion business consultancy I'm talking to that have been established for a long while. They've also stated they'll cover all transfer costs.
Question is, is there any real way to determine what a domain is worth to someone? Given that the post-pandemic retail sector will likely look pretty different in terms of physical/internet footprint, I'd imagine this particular domain could be worth a fair whack to the potential buyer (possibly either the retailer or the designer). I don't want to scare them off, as they could easily hyphenate or find other alternatives, but at the same time, I obviously want to maximise any returns.
Any advice from you sagely folks would be more than welcome!
Cheers