Dan.com

domain HotApps (.) com

Dynadot Dynadot

jhm

Top Contributor
Impact
10,359
I'd see you entering Low XX,XXX on this one, with the right end user. Very capable. Nice one @Domain boy
 

Domain boy

Top Contributor
Impact
368
I'd see you entering Low XX,XXX on this one, with the right end user. Very capable. Nice one @Domain boy
Thanks for your great contributions mate, appreciate it 👍
 
If it were mine, I'd hold off for mid 5 figures or above.
 

Domain boy

Top Contributor
Impact
368
If it were mine, I'd hold off for mid 5 figures or above.
It’s very nice to hear from someone very experienced like you :)

Would you recommend keeping it as make offer or put an actual price on it?

Thanks again mate, much appreciated!
 

twiki

Top Contributor
Impact
22,522
Entry-level 5-fig in this market.

BUT If I had it, I'd price mid to high 5-fig and wait.

You don't need to sell it right now. You need to sell it good.
 

Domain boy

Top Contributor
Impact
368
Entry-level 5-fig in this market.

BUT If I had it, I'd price mid to high 5-fig and wait.

You don't need to sell it right now. You need to sell it good.

Thanks for the appraisal mate, appreciate it ;)

Completely agree with you, patience is key.
 
It’s very nice to hear from someone very experienced like you :)

Would you recommend keeping it as make offer or put an actual price on it?

Thanks again mate, much appreciated!

Personally I'd never include the words "Make Offer" or have a contact option on the domain page. I've used "make offer" for several years and it results in mostly low ballers contacting you and almost presents the domain in a desperate way.

As Rick has suggested in the past, I think using "Price Upon Request" is the best way to represent a domain. Also, something similar to the Afternic page below (their ns3.afternic.com & ns4.afternic.com lander) would work well.

Even though I own biix, I've moved a lot of my names from being priced on biix to this contact page on Afternic recently to test the difference in results and gather stats. What I've found so far is it seems to get more offers overall, but an overall lower price on each domain as compared to the asking price. At biix I was closing about 95%+ of the sales at my asking price. Where now they are stalling at 50-80% of my asking price and about 80% of the sales are below the asking price, which is a huge difference.

In the last 60 days I've closed $33,000 in sales via Afternic, where summer is normally my slowest time of the year. So it may be that the communication facilitated by Afternic is causing the boost in sales even if the end price is not ideal. I'm planning on using Afternic at least through October-November so I can compare this year's numbers to last year's numbers through different seasons.

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Price Upon Request:

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Afternic Page:

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or put an actual price on it?

Sorry, I missed this part of your question.

I typically price all my domains. I would price it as if you are pricing it for it's best possible use. Then, if someone contacts you to use it for a start up, or similar venture, you can then propose a lower price in lieu of equity or a one time payout (1-3%) in the event their company is acquired in the future.

In my opinion, if you price the domain, you anchor the price before the negotiations begin. If you have a "make offer" page, and the buyer sends you a $10k offer, that anchors the price in negotiations. Then you need to work up from that price, which may be more difficult.
 
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