Name price rule of thumb

[fifihopkin]

Is there a name price rule of thumb? A generic price guide.

I have a customer that wants me to go after a name that is to be dropped next month. It is a three letter .net name. It is not a dictionary word. A google search on the letter combo is 1 million pages. The tricky part is the client wants an estimate on the likely price to set a reserve. I know it is a bit of backward logic.

Is there a general guide?

Three letter with low google results $25 - $70
Three letter with high google results $100 - $500
Two letter with any combo $? $1000+

Any experience drop domainers with some friendly insight?

 

[Jeff]

Three letter ".NET's" range widely on the exact three letters, IMHO. If it spells out something (not the case here, as I'm reading it), it could be quite valuable. Google will matter, expecially for finding more "common" abbreviations, uses, even End user "leads ... but at the Wholesale level, $75+/- - $150+, as I see it (letters such as Q,X,Y,Z potentially garnering less).
Two letter ".NET's" ... $1,250 - $1,750+, again depending on the lettering combinations, IMHO.
In short, difficult to answer without knowing the exact domain(s), and possible End user's that it/they could attract for a "premium" over Wholesale.
Hope this helps.

 

[armstrong]

also, you'll need to sample to google results to get an idea of what the acronym means, if anything. a lot of times, unusual letter combos return a lot of results, but upon closer examination you'll see that they are mostly 'garbage' results such as dna code sequences that have little to no meaning to the average person.

 

[drifta]

if its the name im going after..
im willing to spend 5k on it...

but regular 3 letter.nets usually go for around $300 at pool
nice combos sometimes go for 2 - 3 k

 

[Elefekt]

I dont think there is a rule of thumb. My rule of thumb is "you like it and can afford it, get it"

Trying to get rich quick never works so these so called valuable domains maybe but in reality is it worth how much you pay for if you are not able to resell it? if not its not worth it.

in selling my rule of thumb is try to get more then you paid for it (PERIOD) but of course if it is obvious that it is worth more then $10 ie abc.com dont be stupid.

 

[NickRac]

There is no rule of thumb for anything, NOTHING not even gold.

Things are only worth as much as people are willing to pay, keep that in mind.

 

[redhippo]

Originally posted by NickRac
There is no rule of thumb for anything, NOTHING not even gold.

Things are only worth as much as people are willing to pay, keep that in mind.

ditto. it is all in the mind of the buyer. how he values the name,
desperately wants it, or see the "potential"

or already has a buyer..IMHO


:tri:

 

[Terry]

ditto - no rule of thumb

BUT - it's still a good question.

I have a few names now that I am willing to hold for years if need be. Businesses come and go, have highs and lows. Sooner or later I'll get a nice price from the fair ones (good ones are the names that are in use at any given time - I have a few of those that are not for sale). At what I paid for them, and what the current renewal prices are, I can sit on them for a long time and still cut a fat calf when eventually sold. This is why there is no rule of thumb for selling prices.

(here's the but) How is an asking price set for the not so fair names? Is there a rule of thumb here?