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Someone wants to buy my domain. I'm a rookie. What do I do next?

Labeled as advice in Domain Buying and Selling Discussion, started by Alan Hale, Sep 11, 2021

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  1. Alan Hale

    Alan Hale New Member

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    Subject line says it all. I received an email offer about one of my domains. It's parked on Sedo. I've had this about a year. My thought is reply back and have them contact Sedo and let Sedo handle it from there. GoDaddy estimates it'll retail for $1100. Am I on the right track?
     
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  2. Lord Antares

    Lord Antares Top Contributor VIP

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    No, don't do that.

    First of all, there are many fake inquiries, or more commonly, low ballers. Don't consider it done yet.
    Secondly, automated appraisals are all 100% trash. If it's a serious end user, there's a good chance that he might be willing to cash out more than $1100. Maybe a lot more.

    Since he's the one who contacted you, he should start with the price. Ask him for him offer. Then most people would generally recommend (myself included) to raise the price with a counter offer since people rarely offer their max on the first bid.
     
    Last edited: Sep 11, 2021
  3. Rich domain

    Rich domain Established Member

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    Please I'm New here and have 2 domain names for sales ( Texas cardiologist.com) and sandiegohearingaids.com) how do I sell off? Thanks one love
     
  4. lock

    lock Searchrz.com VIP

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    Agree with Lord and just did same thing Friday now just going to wait.
     
  5. The Durfer

    The Durfer Wesley Sweatman VIP

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    ditto, ask for offer and counter offer, first. When agreement is arranged then bring in sedo or dan.com ty..
     
  6. Alan Hale

    Alan Hale New Member

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    My concern is I'll give a low-ball price. Estibot says it goes for <$100. I don't want to scare him off with a large price, I don't want him responding with a BS offer of $1, and I don't want to shoot too low either. Ughh.... big learning curve here.
     
  7. The Durfer

    The Durfer Wesley Sweatman VIP

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    whatever he offers start with 4x that. hint hint.
     
  8. Lord Antares

    Lord Antares Top Contributor VIP

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    Just let him make an offer first.
     

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