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.net and .org were registered; how much should I charge for .com

Labeled as advice in Domain Buying and Selling Discussion started by Kamaldeen, Sep 26, 2019.

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  1. Kamaldeen

    Kamaldeen Top Member VIP

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    Hi,
    Received an offer on one of my name a two worded name in cannabis niche, on making my findings I noticed the .net and .org of the name were registered same day (though didn't know the owner but I guess it is from same guy).
    How much should I BIN the name?
    Thanks
     
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  2. MrAcidic

    MrAcidic Account Auto-Closed Gold Account

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    difficult to offer an opinion without knowing the name, bid amount and your own price expectations.....

    I suppose whatever they have asked triple it to leave room for negotiations - this is just a wild blind guess on my part........

    I wouldn't overplay that they have the org & net, it is a nice position to be in but if you go in at a ridiculously high price you might scare them off and they could just develop on one of the others....
     
  3. Kamaldeen

    Kamaldeen Top Member VIP

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    Grateful..
    $150 offer came in, felt it was so low.
     
  4. gtldomainer

    gtldomainer Established Member

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    Very difficult to say without knowing the name.

    One way is to search that domain with some other extensions at expireddomains.net and check 'REG'(tlds taken), 'RDT'(related domains), and 'ABY'(when first regged.) columns for that name. It will tell a lot about the name. Also, check that word in namebio for past related sales.

    These things will help you position yourself with a price.
     
  5. Kamaldeen

    Kamaldeen Top Member VIP

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    The name in question is a canabisc related name that has hemp as the first word + second word that has sold more than 200 times when pair with other word according to namebio..
    It was registered some 14 months back and I noticed same day I received the offer was same day the .net and . org were registered.
     
  6. gtldomainer

    gtldomainer Established Member

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    In that case, you can check past sale prices and set a price for yourself. Note that namebio prices are usually reseller price. So, your pricing should consider if your buyer is a reseller or an end user.
     
  7. aryindey

    aryindey Established Member

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  8. Kamaldeen

    Kamaldeen Top Member VIP

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    Lol..
    Stop the joke.
     
  9. BaileyUK

    BaileyUK Top Member VIP

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    Ask for what your comfortable in receiving . A $150 opener usually equates to the inquirer being comfortable with around a $500 close. He/she has shown their hand registering the .net and org on the same day. I'll probably counter at around $800 if it's just a 'So so' name.

    Good on you for checking. I doubt they are looking to abandon the other two regs without some negotiation. And it's hardly the action of a domainer to do the registrations prior to securing the .com. But equally, hardly top-of-the-tree if both were still available. reads like a 'Branding' exercise to me
     
    Last edited: Sep 26, 2019
  10. Kamaldeen

    Kamaldeen Top Member VIP

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    Thanks..
     
  11. The Durfer

    The Durfer Upgraded Member Blue Account VIP

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    make sure its not the buyer that bought the other two, he might be hesitant to buy the com now and wants its cheaper having the other two. I would ask about 2.5x the offer.
     
  12. Kamaldeen

    Kamaldeen Top Member VIP

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    You mean 2.5x of $150?
     
  13. The Durfer

    The Durfer Upgraded Member Blue Account VIP

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    yes or round up :)
     
  14. Kamaldeen

    Kamaldeen Top Member VIP

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    That is too low for me...too low.
     
  15. The Durfer

    The Durfer Upgraded Member Blue Account VIP

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    hey keep it and see whats happening with the two others bought. It might be worth holding also. good luck.
     
  16. Kamaldeen

    Kamaldeen Top Member VIP

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    Thanks
     
  17. Gabriel360

    Gabriel360 Established Member

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    Whatever you do, do not counter with a price. I repeat do not counter with a price!

    Reply with something like 'Indeed, I am looking to sell the domain name. But it's unfortunate that your offer is no where near my price expectations nor the efforts it took to acquire the domain name.'

    Remember that you had to brainstorm to get an idea as valuable as that. Though the Cannabis industry is already a large one, it is yet a nascent one. And you might never get a valuable name at an affordable price.

    And don't neglect to add' 'Thanks for reaching out.'

    Now, he might ask for a price you consider acceptable. Assure him firmly but in subtle words that he 'might not be able to afford it comfortably.'


    Note that you must be READY TO HOLD ON TO YOUR DOMAIN NAME.

    If he comes up a little, give him a range. If. You. Like.
     
  18. efizi

    efizi Established Member

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    Did you list it on Afternic? And if so how much? I suppose if it was listed, they would have seen your listed price (inclusive of the registrar's mock up) on a partner site when they first searched to register it.

    That they registered the .net and .org implies they are serious about using the name and have already tried the .com and saw that it was taken. So here is my own take:

    1. If not listed on Afternic, list it for your desired price before you reply them.
    2. Do a reverse email lookup on the inquirer to see if you can ascertain who he/she is and what company he/she represents. Having an idea of such information may greatly influence your price expectation. You never know how big the company represented is? Even if you do not get any information, you should still price at what you feel comfortable at cos many deep pockets may still make low ball offers at first. After all, every buyer wanna cut cost and acquire for a low as they can while you on the other hand want to sell for as high as you can.
    3. Reply them that you appreciate their offer, however, your expectations are in the high four figure range (or whatever range you are looking for). Know that they may make an offer in a low four figure range, hence the reason why I suggested a high four figure.
    4. If their offer meet your expectation, you may get a sale. If not, you can choose to sell or decide to wait for the right buyer.
    5. Note that their usage of the .net and .org put more value on your .com. So, even if they do not buy for now, they will still come back later because .com is King
    Just my two cents. Hope you sell for a good price.
     
    Last edited: Sep 27, 2019
  19. Kamaldeen

    Kamaldeen Top Member VIP

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    The name wasn't listed before their offer but I have done so now, the name was parked with Dan, and I have communicated my price to him..
    Let's wait and see how this will turn out.
    Thanks
     

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