discuss I sold .com for $200. Did I negotiate well?

[PoorKing]

I sold a 10+ characters <fullname>.com for $200. The domain is the name of the person and is not premium. Could I have asked for more?

I would appreciate some feedback from the pros on this forum or anyone who has previously sold a similar domain.

PS: Sorry, can't disclose the domain name since it's sold now and not my property anymore.

 

[VadimK]

Hey, I just sold a car for $4000. Blue four-wheeled Toyota. Could I have asked for more?

 

[Pierre Barnard]

Hey, I just sold a car for $4000. Blue four-wheeled Toyota. Could I have asked for more?

Yes you could have, especially since it was a 2021Hi-lux with 200km on the clock.

 

[Pierre Barnard]

Difficult to say not knowing the name. Inbound offer through marketplace or outbound?

 

[VadimK]

I think so ...

Well, then I think so too..

Without knowing the exact name, it's absolutely impossible to give an opinion. No two names are similar. They could sound similar, but could be a huge difference in popularity (traffic volume, tld count, shortness and other indicators). DonaldTrump.com is not the same as AbukabarKardegenian.com , both are 10+ symbols, both fit your description.

In any case, whatever it is - no point to regret or even think about it. You priced it for the reason at that given moment, and it resulted to a sale. Now think about future sales of your current domains.

Good luck!

 

[karmaco]

It is difficult to estimate how much a domain is valuable to the buyer. However, knowing a minimum price which is reasonable to ask helps. Any data regarding sale of similar domains will be helpful to the community. Does NamePros have an estimation tool based on historic data?

Other peoples full names historically usually sell on the lower end and for some are controversial investments.

If a UDRP comes there really is no good reason for holding someone else’s full name (or multiple someones) that isn’t your name. Best to sell for low reasonable amounts and move on.

First names are different as they are more generic and not assigned to a few specific people.

 

[Pradheep]

dont know what to say, bcoz i know nothing about the name you sold.

 

[bmugford]

Other peoples full names historically usually sell on the lower end and for some are controversial investments.

If a UDRP comes there really is no good reason for holding someone else’s full name (or multiple someones) that isn’t your name. Best to sell for low reasonable amounts and move on.

First names are different as they are more generic and not assigned to a few specific people.

Actually I think that is a good argument to own it.

If you own a popular name combo, shared by thousands of people, it is awfully hard for any (1) party to claim ownership. How many Bob Smith, Steve Jones or Brian Johnson are out there? A lot...and they always have demand for combos with a large pool of buyers.

In this case I have no idea. I own some of these domains and there is no combo I would sell for $200, but I also don't own combos with small pools of potential buyers.

Brad

 

[Soofi]

You didn't sell FIRST+LASTNAME.com well, if you actually let it go for mere $200 and I DO NOT NEED TO KNOW THE NAME TO HIGHLIGHT THAT BUD.

But you can always reinvest those $200 to grab few better domains to sell well and get better in the domain name investing game.

Best wishes for your success!

 

[lock]

If you put a price on it rather than accept a price then you could have asked for more. At $200 you were happy to part with it so move on to next name and not worry. All depends whether you ask for offers and better offers before giving in and giving out a out a price to close deal.

 

[deet]

Any First and Last Name is a Premium domain!
Just because it may not be a name you would want - doesn't mean it's not premium.
So yes, you probably sold to Low.

 

[bmugford]

Could you please give a ballpark figure like what minimum price you'll set for such combos?

The ones I sell are usually for thousands of dollars, but we are talking apples and oranges here.

On your example domain you probably have under 5 people with the name, where one like "Robert Smith" has tens of thousands in the US alone, never mind the rest of the world.

I would be happy to get $200 out of a domain I would not have registered in the first place because the pool of potential buyers was too small.

Brad

 

[bmugford]

Your points are solid if ethics are excluded from the equation. I don’t find it very ethical to obtain other peoples identities. But to each his own.

It doesn’t matter how many Bob Smiths there are if you aren’t a Bob Smith. Pretty sure UDRP would see it the same.

They took a domainer woman’s actual name and gave it to a different woman with the same name. Remember that?

I don't see this as an "ethical" situation.

A popular FirstLast.com name is no more unique than a normal Surname.com to me. If 15,000 people have the Surname XXXXX.com and 15,000 people are named XXXXXSmith.com they are equally unique in my view.

The easy defense to any dispute is that it is so popular you are not targeting any specific party. It is the same defense for a surname or a FirstLast.com and you would have strong footing defending in a UDRP, unless there were unique circumstances, like you were actually trying to target a specific party.

The case around HeidiPowell.com is what you are referring to. It was not via the UDRP system.
If that went to UDRP the complainant would have lost.

The original lawsuit was dismissed with prejudice on the merits of the cybersquatting case.

What happened next was a complete miscarriage of justice involving a years old bankruptcy case and payout to take it.

That entire thing was a ridiculous abuse of the legal system -

https://onlinedomain.com/2017/02/24...aim-still-tries-steal-domain-heidipowell-com/

The good news is that last night the Arizona federal court dismissed with prejudice Arizona Heidi’s cybersquatting claims against us, which means that they cannot be asserted again in the future. This is the outcome we expected to happen within the first few weeks after she filed the suit against us. I have to say, it’s been an exhausting and emotional seven months trying to make this happen. We are very relieved that it’s over.

The bad news is, we are having to continue fighting for my name as Arizona Heidi is continuing the attempt to steal it though the bankruptcy court. As you know she caused our released bankruptcy from 2012 to be reopened by offering the trustee $10,000 if he would re-open it, take my name and sell it to her.

After attending the first bankruptcy hearing we had great news that the trustee had filed a motion with the court and we would be retaining my name. That motion is public & can be looked up (dated Dec. 30th) …in a nutshell the trustee said “it is unclear whether the domain name is an asset of the bankruptcy estate. It is unclear whether Debtors properly claimed the exemption in the domain name”. Even so, we filed an amended schedule and he allowed us to use $7,953 of unclaimed exemptions and make up the difference (of the $10,000) by giving him $2,047, the so called non-exempt portion. I delivered the money to our attorney’s office that day and we celebrated this the next day on New Years Eve.

The next hearing which we believed would sign & seal that motion was set for Jan. 25th. Sometime between Dec. 30th and Jan. 13th, on finding out the trustee was not selling her the name, Arizona Heidi’s attorney, called the trustee and said she would now pay him $20,000 instead of $10,000. The trustee then moved the next hearing date to March 11th to give himself time. The bad news happened yesterday as the trustee has yet again changed his mind by striking his own motion allowing us to keep my name and has filed a new motion saying he is now selling it to Arizona Heidi instead, for $20,000 this time.

 

[wot]

You are suffering from a disease that affects many persons parting with assets, it is called "sellers remorse".
Get well soon.

 

[redemo]

Domain investing is a business venture, whatever anybody thinks it is (in my opinion, could be wrong). Your objective is to earn more than you spend. How much you aim to earn is up to. In your scenario above you sold domain x for $ 200 after you invested $ x and spent x hours promoting at your hourly rate which is worth $ to you. Therefore $ 200 minus x hours at $ x per hour = ? You tell us if this was a good investment or not. Did you make minimum hourly rate in your country? Did you earn a profit on your domain name investment?

 

[PoorKing]

Difficult to say not knowing the name. Inbound offer through marketplace or outbound?

The buyer contacted me. The domain was simply parked and not put up for sale. I guess, the domain name doesn't matter since it's the name of the person and nothing special. There was just one round of negotiation and I didn't had any data to claim why the domain should be valued more.

Btw, is a clean domain having no content and history valued more than a domain with some (low quality) content?

 

[PoorKing]

If you put a price on it rather than accept a price then you could have asked for more. At $200 you were happy to part with it so move on to next name and not worry. All depends whether you ask for offers and better offers before giving in and giving out a out a price to close deal.

It is difficult to estimate how much a domain is valuable to the buyer. However, knowing a minimum price which is reasonable to ask helps. Any data regarding sale of similar domains will be helpful to the community. Does NamePros have an estimation tool based on historic data?

 

[Pierre Barnard]

The buyer contacted me. The domain was simply parked and not put up for sale. I guess, the domain name doesn't matter since it's the name of the person and nothing special. There was just one round of negotiation and I didn't had any data to claim why the domain should be valued more.

Btw, is a clean domain having no content and history valued more than a domain with some (low quality) content?

You mean traffic? not content.

 

[PoorKing]

Hey, I just sold a car for $4000. Blue four-wheeled Toyota. Could I have asked for more?

I think so ...

 

[PoorKing]

You mean traffic? not content.

Both in traffic and content. Like a fresh domain never registered before. Is it more valuable? I would prefer a personal (my name) domain which has no history.

 

[DrJacoby]

PS: Sorry, can't disclose the domain name since it's sold now and not my property anymore.

Are you saying I'm not allowed to mention Apple.com, Namepros.com and Beer.com because I don't own them?

 

[Brandmore]

Without seeing the name: no

 

[VadimK]

Yes you could have, especially since it was a 2021Hi-lux with 200km on the clock.

I also could have not, if Toyota is from 1998, have been crushed on multiple occasions and we are in Japan... We can't say from the info provided, just like we can't say anything specific about the topic - that was the point.

 

[PoorKing]

Are you saying I'm not allowed to mention Apple.com, Namepros.com and Beer.com because I don't own them?

In this case the domain name is the full name of the person who bought it.

 

[PoorKing]

dont know what to say, bcoz i know nothing about the name you sold.

Assume the domain is ferdinandbarton.com