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domain TheFreeWorld.com Domain Name Evaluation

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A little over 9 months ago, I received an offer in the high-six figure range for our domain name TheFreeWorld.com which we turned down since we were planning on using it for a Mega Global Project in the 10's of millions. However, we've since decided to pursue a much less ambitious project and are now considering putting it up for sale on the auction market.

Recently, ZIP.com just sold for over USD $1 Million, therefore, I was wondering what sort of "objective criteria" --instead of subjective criteria-- is normally used in order to assess the value of domain names?

From a "subjective criteria" standpoint, our company would have easily paid $1 million to acquire that domain name since we are privy as to what our project was about. However, for another party that may have a different objective than we did, the subjective value may radically differ from ours.

Therefore, please advise if you are an expert in making "objective" evaluation of domain names; that is, of course, if such animal really exists. Thanks, in advance, for your assistance.
 
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Ok, I don't know if I'm an expert or not. You put a lot of pressure on me now with your spiel. Can I just appraise? lol

low $xxxx

---------- Post added at 09:25 AM ---------- Previous post was at 09:23 AM ----------

brandable, yes. will it leak traffic to freeworld.com? yes.
If you were really going to do a 10 million dollar mega project on it like you said. I will suggest you first buy freeworld.com and then set redirects on that.
 
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Why at bottom of thefreeworld.com there "me " "my" isnt it a company own name? high-six figure range too bad you turned that sweet deal down. If you want that kind of money you will just have to sit on it for years and hope for another. This name wont put big money in someones pocket as far as parking is concerned and that would put a huge dent into what you would get if this was auction off compared to what you think its worth. If you type "the free world" there no adwords ads. This is really a history term as the old soviet union ways is gone. I would be surprised if it even approached 5 figures in a well known domaining auction, so to get the money i can tell your expecting you will have to find another person/company that need this name that bad (good luck).

Good luck also with your webstore.com auction at $850,000.00
 
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Welcome to namepros

20$ max
for the following reasons
1/ .com
2/ No Usage comes to mind
3/ Enough Delusionary Domainers with similiar names leftover from delusionary projects.


Disclaimer: Don't like my appraisal, fair enough. I didn't like your name or appraisal request. You are the approx. 20000th First time poster with some average name, that just happens to be on sale and has had some Really impressive offer from an un-specified buyer.
 
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My appraisal is that this domain name doesnt worth six figures by itself so you lost your train. No one is going to offer you that ammount again in the future, maybe yes if you dev a great project inside.

You should try to contact that people again! :D
 
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Vision is always clearer in hindsight, right? You had a dream end user who offered you a ton of cash for a name, and you turned down the offer because you had (what you thought were) much bigger plans for it. Ouch. But there are stories like that all through the domain world.

Wonder if the offerers still have any interest in the name?

I'd appraise:
resellers = $800 - 2K if they really like it. Many extensions taken and wide uses for this name.
end users = 2K - high six figure range :)

You just never know who will be interested, what they can afford to pay, and how much they want it. You might never again be able to sell it for even medium x,xxx... or you might get much more from motivated end users.

Nice name, sorry to hear you lost such a mega sale and then your 'other plans' for it didn't come to fruition.

GL

:)
 
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