domain TheManSpace.com appraisal on offer received

[TomDean]

Hello,

I received an unsolicited offer of $400 from a sedo.com broker on behalf of his client today for themanspace.com

I'm guessing someone is looking to develop a myspace type site around the domain.

Is this a reasonable offer?

Thanks for any input.

Tom

 

[Spade]

Now, Im not familiar with how Sedo brokers work. Im guessing that they have a cap from which to negotiate. Considering this, and the fact that your domain is a playoff from MySpace - I think its a great and fair starting bid. Considering the domain name isnt even a year old, I think I would make a reasonable counter of perhaps $500-700 and take the sale.

Or, if your worried about the negotiation stalling due to the counter, dont risk it, take the pay day because I think with the word "the" in your title, the value takes a huge loss.

Good luck!

Justin

 

[TomDean]

Thanks for the excellent response Justin.

The project I purchased the domain for is towards the back of the line of domains I develop for resale so 400 to 600 seems like a good offer.

I appreciate your help.

Tom