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Unsolicited offer?? When do you sell?!

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HeavyDora

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OK, looking for an honest evaluation for this offer.

I have used M V P Fitness . com for years as my personal fitness blog. I have thought about selling in the past, but usually only when I get the occasional unsolicited offer. Nothing to make me rich and at most in the higher $XXX range (and many MUCH lower ones).

I just received an offer for $1850 and wonder if now is the time to move on it. I haven't blogged for a while and could honestly use the money.

As a huge newbie to all this, I am clueless if this is a decent offer or if I am being lowballed. Do I counter? How hard should I push for a better price? When do you know when to sell?!

[Sorry if this is in the wrong place. Will gladly move if necessary.]
 
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Honestly I think it's a pretty good offer. Considering you don't really use the site anymore and the highest offers you've received in the past were in the $XXX range..

If you wanted, you could probably mail him back and tell him you don't really know if you want to sell or not, but if he made the offer $2k then it would be a done deal...Might get that extra $150 out of it.

Overall the name isn't the hottest one anybody has ever seen. At that price it is probably finding a good new home to someone who will use it for their company. Cash in on it and move on!
 
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I think it's a good offer but I'm sure you can counter and pull some more $ out of it.

I would edit the domain in your post so that the end user does not see this thread and change his or her mind.
 
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You've got a good domain there, not a random 3-letters plus fitness. MVP as you know stands for Most Valuable Player, so this name would do well as the site name of a training center or camp for any 'player' sport... football, hockey, baseball, soccer, etc. Would also do well as a title for a training book, TV show, or dvd series for the above. Highly brandable and very attractive.

You mentioned that you need the money, so maybe you want to sell this for a reseller price rather than waiting it out and hoping for something better later from an end user buyer.

Personally I'd value this domain in the $5K to 15K range to an end user, it is a stronger name than most people see at first glance. It is extremely brandable and attractive and I can see any major sports corporation, including a sports network, being very interested in the domain.

If I were tapped and really needing cash, I would take in the $2.5K range for it. I'd probably counter the offer you received and ask $3K. If they countered back at 2.5, then seal the deal.

But like I say, I hate to see you let this name go for a fire sale price. It's not a bad offer, better than xxx, but it's still on the reseller/lowball price.

IMO :)

Good luck.
 
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OK, looking for an honest evaluation for this offer.

I have used MVPFitness.com for years as my personal fitness blog. I have thought about selling in the past, but usually only when I get the occasional unsolicited offer. Nothing to make me rich and at most in the higher $XXX range (and many MUCH lower ones).

I just received an offer for $1850 and wonder if now is the time to move on it. I haven't blogged for a while and could honestly use the money.

As a huge newbie to all this, I am clueless if this is a decent offer or if I am being lowballed. Do I counter? How hard should I push for a better price? When do you know when to sell?!

[Sorry if this is in the wrong place. Will gladly move if necessary.]

:talk:

it's a nice brandable for the fitness market.

if the opening offer was $1850, i'd reply by stating:
how i planned to resume blogging on the site, and although i've had previous offers, none were really enticing or comparable to, the effort and costs we've expended.
therefore, if we were to sell, an offer would have to exceed $4,360.00

and close with:
Thanks again for your interest!

if you think potential will walk, if you raise the bar, then accept the offer and move on.

imo...


Good Luck!
 
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You did not say how much you are making from the blog via Advertisement, sales etc. Normally websites could sell for couple of times their earnings. Just try placing some advertisements and see how much it make and maybe you could be making more than the offer per year by way of proper monetisation of the web site.
 
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Thanks for the great responses. It isn't that I don't use the site anymore. I have always had plans to start a sports training center for kids. Thinking high school athletics (huge niche market here in Arizona). And I love the brandability of MVP. So the site definitely still holds value for me, but I juggle that future value against my need to pay off some bills now.

As for blog advertisements and sales, I have none on my site. It just wasn't about making money in the time I've had it. Do you think if I kept blogging, or shifted the focus of my blog, I could actually bring in ad revenue? Not sure where to get started with that, but definitely an option. How much money is to be made for quality daily content?

I get a ton of traffic driven from the .net and .biz extensions. The other extensions were previously taken, but must not have survived. And of course there are similar businesses that popped up after me like mvpsportsclubs.com, mvpsportz,net, mvpsportstraining.com, etc.

Where do I find end users? If I had an offer in the $5K range, I would have no choice but to accept it. Are there companies that would sell it for me and take a %? People on here that want to collect a fee? I think I have some reading to do.

Definitely interested in the advertisements, etc. Some one point me in the direction where I can start reading. Would I make more money parking it?

Sorry for all the questions, but thanks so much for your responses.

---------- Post added at 01:03 AM ---------- Previous post was at 12:58 AM ----------

By the way, forgot to mention that M V P Forum . com was to be included in the price offer. The guy wants both sites for the offer price. I have never developed that domain for anything so it was on the table I guess.
 
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if you think potential will walk, if you raise the bar, then accept the offer and move on.
As always with domaining, the question is, what if the potential DID walk, AFTER you raised the bar?
 
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Do you think if I kept blogging, or shifted the focus of my blog, I could actually bring in ad revenue? Not sure where to get started with that, but definitely an option. How much money is to be made for quality daily content?

You can test the waters by going to google and opening an Adsense account. This takes awhile, but afterwards you can plonk a variety of content-responsive Adsense ads on each page of your site.

I get a ton of traffic driven from the .net and .biz extensions.
'A ton of traffic' is very relative. Do you receive a few hundred visitors per month, or is it well into the thousands, or tens of thou's? If it is high traffic, then Adsense on your sport site could do quite well and possibly add comfortably to your monthly income. If it's low traffic, makes more sense to sell the domain.


Where do I find end users? If I had an offer in the $5K range, I would have no choice but to accept it.
You type your keywords, and a related variety of keywords into search engines. On each site that comes up, you find the contact emails and begin emailing end users. There is a great thread here on finding potential end users, how to approach them, how to word your letters, etc.

Are there companies that would sell it for me and take a %? People on here that want to collect a fee? I think I have some reading to do.
There are a few members here very good at emailing end users and making the sale. But they will want a good percentage of the sale... no domain agent wants to put in hours and days of work only to make a couple hundred $, when they can make more pushing their own domains.
You can also ask a domain agent at a company like Sedo.com if they think it is worth one of their agents trying to broker your domain.

Some one point me in the direction where I can start reading. Would I make more money parking it?
Forget domain parking, it is dead for all except the top-level domains that receive a ton of type-in traffic. If you want the ad route, go for Adsense.

By the way, forgot to mention that M V P Forum . com was to be included in the price offer. The guy wants both sites for the offer price.
Ha; mvp forum is worth almost as much as mvp fitness, IMO :)
Couple nice names you snabbed there.
Note that if you type "mvp fitness" into google, you also find it as part of the domain string in other domains, like mvpfitnessgym, mvpfitnesstraining, mvpfitnesscare, etc., as well as being registered in a variety of extensions.
When you see your domain as part of the string of longer domains, you know they would all like to own it.

I could write for 2 hours about all this stuff. Yes, you have some reading to do. We're bothering with you because you have a couple good names and we don't want to see you take a soaking on them just because you're in a hurry to pay bills. I know what that is like, of course... so only you can make the call.

For those two domains, I think a good domain broker should be able to find buyers in the $1.5K - 5K range for each, given time. If you found the 'perfect buyer' then of course the price could skyrocket, but I believe I've given you some accurate and sober general valuations for most cases.

But if you don't feel you have time, then negotiate whatever you feel you can live with. You take a bath when you want to sell fast, but taking a bath is sometimes all you can do if things are tight or dire :)
 
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Thanks so much for taking the time to respond. Great advice. I am definitely going to do some reading and more research.

I am not really in a hurry to unload these, although the money would come at a great time. I really do enjoy fitness blogging, so my first thought is to see where adsense leads me.

Not sure what is good traffic, but at the height of my blog, I was seeing about 1000 hits a day with zero marketing or publicity. About 150 a day now that it has just been sitting there.

If the blogging gets old, I could definitely try a broker. Ideally I would sell the forum name now and see where fresh content gets me with my blog.

Accepting all offers. Ha! (Thanks for all the discussion.)
 
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I would definitely take that offer asap! It's definitely a very generous offer that was given IMO
 
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OK, looking for an honest evaluation for this offer.

I have used M V P Fitness . com for years as my personal fitness blog. I have thought about selling in the past, but usually only when I get the occasional unsolicited offer. Nothing to make me rich and at most in the higher $XXX range (and many MUCH lower ones).

I just received an offer for $1850 and wonder if now is the time to move on it. I haven't blogged for a while and could honestly use the money.

As a huge newbie to all this, I am clueless if this is a decent offer or if I am being lowballed. Do I counter? How hard should I push for a better price? When do you know when to sell?!

[Sorry if this is in the wrong place. Will gladly move if necessary.]



I am not going to read all the banter, so if this is found to be repetitive please pardon the post. Honestly, you already clearly answered your own question when you started this thread in your original post. See above.

Everyone has names they were going to "get around to developing someday," which more realistically means, probably never. More often than not it's a way to justify the guilt and greed of wanting to ask for more money.

In the end, it's your name. If you truly need the money, accept the offer and laugh all the way to the bank. The name isn't bad but honestly, it's not that strong either, and the offer amount feels about right for the name, from an outside view looking inward.

That said, if you truly do not need the money, pick a price you are comfortable with and reply with a counter offer in that amount. The worst s/he can do is retract their interest. No harm, no foul, as you yourself claim you want to develop the name anyway.

Either way it's a win-win for you, in that you either make a great sale, or gain a bit of experience in the bartering process. From my view it seems you canโ€™t lose.

Just my two cents, give or take a penny. Good luck.


-Regards
 
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I think $1850 for both domains is not such a great offer. Since you are prepared to walk away from that offer, I would reply the both domains together are for sale for $5000. Then if he counters, it's up to you how much you wish to hardball him before accepting an offer.
 
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Thanks. I did end up countering with a $5000 offer for both domains. I am valuing them at approximately $4K and $1K (with potential for MUCH more to the right end-user). They upped their best and final offer to $2500, and I declined it.

I have greatly enjoyed working with my blog in the past, and I want to give it another shot (with adsense this time). The money would have been timely, but I am not dying or being evicted just yet. lol I like the name and think it is very brandable and worth more than was being offered.

As for "eventually" developing it, that isn't just talk. It is done. I have what I think is a nice blog started - just needs fresh content again and some marketing to drive traffic.

No regrets. I think I can make some revenue from the blog while I continue to look for end-users in the mid $XXXX range. This all has kind of lit a fire under me. If someone here wants to find me a buyer and collect a decent fee, message me and we can talk details.

If nothing else, find me a buyer for the forum domain and take 20% from the sale (minimum $750 selling price).

---------- Post added at 12:21 AM ---------- Previous post was at 12:10 AM ----------

I think $1850 for both domains is not such a great offer. Since you are prepared to walk away from that offer, I would reply the both domains together are for sale for $5000. Then if he counters, it's up to you how much you wish to hardball him before accepting an offer.

Just saw this afterwards. I guess we were thinking the same. This was exactly what I did.
 
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Should take offer.. New money can elevate you out of the box and into different opportunities.
The difference between successful businessmen and unsuccessful businessmen is the element to sell and not being emotionally attached to their product. If your happy keeping site then great! but if you had no nibbles at this price range in years then you should go for it and sell.:wave:
 
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Should take offer.. New money can elevate you out of the box and into different opportunities.
The difference between successful businessmen and unsuccessful businessmen is the element to sell and not being emotionally attached to their product. If your happy keeping site then great! but if you had no nibbles at this price range in years then you should go for it and sell.:wave:

Good advice about emotionally holding onto something. And perhaps I am emotionally invested in this, but I don't consider myself a businessman, at least not as this domain is concerned. Maybe I shoudl be thinking that way though. I have maybe 7 domains, mostly fitness related because I love it. Never bought for speculation. Just realizing the potential now.

And the few nibbles I have had through the years have been unsolicited. Perhaps if I actively tried shopping the domain, I would fare better.

Time will tell.
 
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Good advice about emotionally holding onto something. And perhaps I am emotionally invested in this, but I don't consider myself a businessman, at least not as this domain is concerned. Maybe I shoudl be thinking that way though. I have maybe 7 domains, mostly fitness related because I love it. Never bought for speculation. Just realizing the potential now.

And the few nibbles I have had through the years have been unsolicited. Perhaps if I actively tried shopping the domain, I would fare better.

Time will tell.


Good luck and remember. If your happy with your decision then that's all that matters.
Adam
 
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You may find that the buyer returns with a higher offer at a later date - the buyer is likely to have deeper pockets than the 2.5k 'final offer' and if they really do want the domain, they will return with a better offer. This could be weeks or months down the line, which is ideal as it gives you time to work out whether the domain is worthwhile to develop and keep earning long-term.

The worst thing you can now do is change your mind - the buyer may walk away anyway or even try to lower the price further. Stick to your guns now you've put your foot down ;)
 
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