strategy Sold domain name to a large corporation, buyer was just an anonymous individual

[xynames]

So I sold a domain name back in March 2017, to an individual who made an initial offer of $400., on Dynadot Marketplace. We closed the deal at mid four figures, a fair price, maybe even on the low side, for a five letter domain name of mine that consisted of a real word plus a single digit number. Buyer was in California.

Since the sale I have been monitoring the domain URL, wondering why it it is still resolving to my name servers, and nothing has happened with it.

Today I noticed that the domain name was finally not resolving, which meant that nameservers were in process of being changed. I googled the domain name, and Voila! there it was, a federal trademark registered shortly after my sale, for a new product from a major US corporation that is located in the same city and state as the individual buyer. Obviously the buyer works for the corporation, but didn't want to alert anyone to who wanted the domain name.

After the initial $400. offer, I wrote back immediately that this was a premium domain name and that $400. was not going to cut it. I eventually quoted a price, and he came up to about what I wanted, and we closed the deal with the escrow fees split.

Just goes to show - even big companies try to snatch domain names cheap. Everyone wants a bargain - even to the point of a big company trying to save a few bucks lol by splitting escrow fees. Luckily, I do my research and comparables and have a sense of what my domains are worth, which in my opinion anyway, is a lot.

 

[hemirate]

@.NJ so the question is, is that domain worth $200,000? Or perhaps you could have made a counteroffer

 

[Muthunmk]

Who doesn't check their email for 2 weeks?

Its not my Primary mail id.

 

[xynames]

yea being that the buyer was very secretive I assume there was no privacy for the deal,so What was the domain name?

'

I don't like to refer to specific sales on namepros in this sort of context, because it tends to invite posts from people who want to put in their unwanted two cents worth on whether the purchase price was high or low, and the buyer - who will probably buy from me again because we have thousands of top quality names, might read all that, and it's just not professional for me to put the buyer into the spotlight like that. They might play games, but I do not.

Now, I've also had price requests at Afternic, which as you know are completely anonymous, and then after googling the domain name decided that whoever wants it must be a certain company or entity, and then placed a five figure price for the domain, a price that I think is worth it no matter who is buying because it is great name, and then received a full price payment and closed sale. Knowledge is power.

 

[Reu Torah]

try to find out which corporation it was ?

 

[MR Harrist]

so lesson today is, learn your buyer! if they big, make them desperate! , so we can increase the price to XX,xxx or xxx,xxx! personally, if I got the domain from auction and spend $25! I don't mind to risk the deal! or renew up to 5-10 years! what if the deal failed and buyer find another domain! WHO CARES!

 

[MrOriginal]

Hell, if I the seller don't think my domains are worth a lot, the battle with the buyer is lost before it's begun.

Fiver letters plus a number isnt worth anything though. I don't believe any domain with a number in it, absent the chinese market, is worth anything. This domain was only worth something to that company.

I am speaking objectively.

So how are you valuing them? Looking at similar sales? Still doesnt help much

 

[xynames]

If you play craps there are words plus single digits that mean something. Baccarat. Movie titles. Catch phrases. Brand names. Open your thinking and expand your mind, brother. Just by way of example.