TheCreativeSchool(DOT)com

Discussion in 'Domain Appraisal' started by JeffreyL, Feb 16, 2017.

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  1. JeffreyL

    JeffreyL Established Member

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    Hi,

    I just got a message from GoDaddy saying someone is interested in a domain that I own. They are asking me if I'm open to negotiations. Before answering I would like to get some feedback on what would be a good price for "TheCreativeSchool(DOT)com".

    Any ideas what a good appraisal might be.

    JeffreyL
     
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  2. todaygold

    todaygold Established Member

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    I would say $0, seeing as how it is 3 words and adds 'the' for no reason. Especially seeing as how similar alternatives, such as 'OurCreativeSchool.com' are available to hand register for $10.
     
  3. Pierre Barnard

    Pierre Barnard NamePros Supporter NamePros Supporter

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    Thats a good name. Depends what your costs were, what you paid for it etc...What do you think it is worth?
     
  4. Joeguy1014

    Joeguy1014 Established Member

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    Given that the OP is being approached by a buyer, I'm not sure a $0 valuation makes sense here... In addition, some other extensions are already registered in this name (.org, .in), showing a bit more value.

    This kind of name typically sells in the low $XXX range in the aftermarket, but to the right end user you could fetch more.

    Ideally, you want to find out all you can about them. Do some research. Have you googled their name... company...? Figured out location? The more info you have, the better prepared you'll be to negotiate.

    But assuming we know nothing about the buyer:
    • If you're just looking for a quick sale, and aren't particularly attached to the name, I would ask $500 and be prepared to be talked down to half that.
    • If you're not in a hurry, and like the name a lot more than that, ask for something much higher. Just be prepared for them to walk away.
     
  5. JeffreyL

    JeffreyL Established Member

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    Thanks Pierre, I registered it over 10 years ago. I have done some research on it. There's an expensive book that uses the exact match name. Plus a couple of exact match using different extensions. Re: what I think it's worth... that's sort of why I was reaching out here. The interested party came from Godaddy so I know nothing about them. Thanks again.
     
  6. JeffreyL

    JeffreyL Established Member

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    Yes, given they are approaching me I'm wanting to price it for the end user. Re: Google them… I don't know anything about them as the inquiry came via GoDaddy. But yes, I'll go high and run the risk of them walking.

    I could create a small eCom/Shopify site with top selling product (selling creative school products)… run some FB ads and get some $$$… as proof of concept and sell at 3 time potential yearly earnings… or that's my thinking at the moment. Big thanks for the feedback, appreciated.

     
  7. JeffreyL

    JeffreyL Established Member

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    Thanks,,, but even going by your own reasoning you should value it as $10.

     
  8. Martin Scurry

    Martin Scurry Established Member

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    definitely perfect domain no matter if you use the in beginning or what. $$$ for sure.
     
  9. Pierre Barnard

    Pierre Barnard NamePros Supporter NamePros Supporter

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    Sounds good. i personally would go $799, possibly just because I like that number and I had a buyer 2 weeks ago for a two word .io domain at $799. But thats just me :)
     
  10. JeffreyL

    JeffreyL Established Member

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    Thanks for feedback Martin. I'm of a similar mind in that I don't think having "The" as prefix takes anything from the name. For example:

    CreativeSchool(dot)com
    TheCreativeSchool(dot)com

    In fact having it prefixed with "The" sort of sounds like the better choice... though I'm somewhat biased :)
     
  11. Joeguy1014

    Joeguy1014 Established Member

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    Typically adding "the" to almost any name will decrease the value, but as always... it all depends on what the buyer is willing to pay.
     
  12. Joeguy1014

    Joeguy1014 Established Member

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    What was the .io name, @Pierre Barnard?
     
  13. Pierre Barnard

    Pierre Barnard NamePros Supporter NamePros Supporter

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    OnlineCourses.io
     
  14. Joeguy1014

    Joeguy1014 Established Member

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    Very nice .io sale.

    Sorry for hijacking the post, OP. Back to the appraising!
     
  15. JeffreyL

    JeffreyL Established Member

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    You're fine... thanks for consideration.
     
  16. todaygold

    todaygold Established Member

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    Yes, I suppose it was worth $10 a year to you. Like someone above mentioned, the only person that would really value this would be someone who owns the domain in another extension. Because if I was just starting out, I would just register a similar alternative for $10.
    But it's interesting that you mention the 'offer came through GoDaddy'...do you mean it came through their 'domain buy service'? If so, that's a pretty good indication that whoever wants it doesn't know much about domain names.
     
  17. JeffreyL

    JeffreyL Established Member

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    Thanks for sharing.
     

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