- 412 views
- 10 replies
- 1 point
Hi Guys,
Just wanted some advice on your strategies on pricing a domain that sold at a previous level. Would you always set the minimum price to the last sold price or ignore that and try to value it based on what you think it's worth today (In case the last buyer way overpaid)? I guess my question is just HOW relevant is the previous sale of the domain? Sorry if this sounds like an obvious question, but i've picked up a domain that sold for $10,000 dollars previously and I'm unsure how I should approach this sale (cost to me was $300). I'm unsure if the previous buyer overpaid and therefore I should price lower, or if that should be the floor regardless.
Thanks!
Just wanted some advice on your strategies on pricing a domain that sold at a previous level. Would you always set the minimum price to the last sold price or ignore that and try to value it based on what you think it's worth today (In case the last buyer way overpaid)? I guess my question is just HOW relevant is the previous sale of the domain? Sorry if this sounds like an obvious question, but i've picked up a domain that sold for $10,000 dollars previously and I'm unsure how I should approach this sale (cost to me was $300). I'm unsure if the previous buyer overpaid and therefore I should price lower, or if that should be the floor regardless.
Thanks!