Value of a First Name Proper Name Domain Name

[TP]

Hi all,

I've been offered 2500 on Sedo (after multiple bids) for a first name proper name domain name dot com from someone who says he / she is buying it for a friend for Birthday. I haven't responded.

What Ask price should I offer the domain for?

Please advise.

TP.

 

[raceway]

It is hard to say without knowing the exact name, but if it is a really common first name and a .com it is worth more then $2500. It also depends on if it is lll like ben or cvcv like sara then this would greatly increase the value.

 

[TP]

The name has 8 letters, not cvcv like sara.

tks

 

[glaxxon]

I think knowing the name will help in getting an exact idea... Otherwise its difficult to say.

 

[Venga]

I think an offer of $(?) 2500 deserves a response... Were you told the birthday thing in a comment coming with the offer through Sedo´s system?

 

[Ms Domainer]

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It really depends on the name. If it's an uncommon name, then $2,500 might be fair, but if the name is common, it could be 6 figures, and it doesn't matter how many letters it has.

*

 

[Jaco]

Ignore crap like "buying it for a friend for her birthday".
That's a technique savvy buyers use to avoid tipping off clueless sellers (<-- 90% of 'domainers') that what they have is potentially worth more.

If you're receiving multiple offers on SEDO, I'm guessing it's a pretty decent name.

 

[Bannen]

As Dman said above, ignore the reasons. If they give you reasons like that it's someone trying to play you for a low-as-possible deal. Which is okay, nothing wrong with using tactics, but just be advised that it should mean absolutely nothing to you. The resale value of your name is what means something to you.

As far as the name goes, why are you asking our advice if you won't post the name? Saying it's an 8-letter first name means nothing; MICHELLE and DORGLALA are both 8 letter names but one is worth many thousands and the other is worth less than zero. We need to know, if not the name itself, then at least some details that will help us inform you... like is it in a list of the most common 50 male or female names, how many exact monthly searches does it get, how many google results does it get, is it the first name of any celebrity/ies, etc. Help us help you, if I may be so Jerry Maguire.

You're getting multiple offers on Sedo so that means it's anywhere from okay to pretty good to great to fantastic... so our advice is that the name can be worth anywhere from $500 to $500,000... unless you give us more details.

Go for it. We're curious.

GL

 

[Venga]

You probably know if these are multiple bids from multiple bidders or just one bidder going higher since you did not respond. In the latter case they may still want it badly, and are probably willing to pay much more, but if the name is just as common as, let´s say, 350,000 Google results with, let´s say, around 1,000 monthly Google searches, chances are that nobody else will offer anything that high again if the current bidder walks away. Only you can know if that´s a risk worth taking.

 

[TP]

I'd like to thank everyone for their comments.

Venga, it is one bidder going higher multiple times. Although I've received previous offers for the name for similar offer amount. And yes, comment on birthday was through the comment system. And yes, around 400K Google results and 2000 Google monthly exact searches and 15000+ broad searches.

Dongsman, agree with you that the birthday comment was probably just a savvy bargaining ploy.

On a more general note, I wonder what the market demand is for First Name Proper Domains. Domain name market places don't have a Category for these domains, and I couldn't find any recent sales figures as a basis of comparison.

 

[Bannen]

Replied to PM, thanks. Give it a shot