How you price your domain names

Started by himachaldesk, Oct 10, 2022, 12:26 AM

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himachaldeskTopic starter

I am looking for a specific name that is listed in Sedo that costs at least $200. Initially, I made an offer of $2,000 but received no response from the seller. Later, I increased my offer to $5,000 but still did not receive any reply. As I continued my search on other websites, I eventually found the name offered for $50,000.

However, I am aware that Sedo has a transfer limit of $100k and there are no ratings available. This may be why the seller had only set a minimum price of $200. Unfortunately, the name has since been removed from the listing.

Regardless, I do not believe that the name is worth $50k and I am hesitant to waste my time negotiating with such a seller.
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Wiley Harding

Opinions about the worth of used domain names are varied. When starting new projects, web experts often recommend purchasing new domains. However, if the subject matter is the same, it may be worthwhile to buy a used domain instead. It is crucial to conduct an in-depth history check before making a purchase, which can be done with the help of free online services or by analyzing links pointing to the site via search engines.

Before buying, users can also estimate the value of a website themselves using free online services such as GD. These programs take several criteria into account but only provide an approximate value. For an exact price, domain brokers can be contacted. These experts from various companies will assist in selecting beautiful domain names, provide insight into the factors influencing domain prices, and present suitable options.
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lindseynicole

The key to selling your domain name is finding a potential buyer who sees value in it. Depending on the domain name, you could potentially sell it for anywhere between $100 and $10,000.

However, the process of transferring a domain can be difficult, and many people are unwilling to go through with it unless absolutely necessary, especially if the amount is less than $1,000. This is particularly true for domains that are not as well-known or established like info and com domains. On the other hand, transferring international domains tends to be much easier.
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dishwahernonstick

Despite your initial offers of $2,000 and $5,000, you did not receive any response from the seller. Later, you found the same name offered for $50,000 on another website.

Considering Sedo's transfer limit of $100k and the lack of ratings available, it is possible that the seller set a minimum price of $200 due to these limitations. However, now that the name has been removed from the listing, you may be hesitant to negotiate with the seller.

Ultimately, the decision is yours to make. If you believe the name is not worth $50k and you are concerned about wasting your time negotiating with the seller, it may be best to explore other options or continue your search elsewhere.

Pricing domain names can be a subjective and complex process. However, there are several factors you can consider to determine a reasonable price:

1. Valuation Tools: Utilize online domain name valuation tools that consider various factors such as length, keywords, search volume, brandability, existing sales data, and market trends. These tools can provide a starting point for evaluating the potential value of a domain name.

2. Similar Sales: Research recent sales of similar domain names to get an understanding of the market value. Look for comparable domains with similar characteristics, niche relevance, or historical sales data to gauge a rough estimate.

3. Industry Demand: Assess the demand within the specific industry or niche the domain name pertains to. If the name has potential value for businesses in that industry, it may be worth more due to the potential buyer pool.

4. Brandability: Consider the brandability and memorability of the domain name. If it is short, easy to spell, and memorable, it may have a higher value as more businesses are interested in such names.

5. TLD Extension: The top-level domain (TLD) extension can also impact the value. Generic TLDs like .com, .net, and .org are generally preferred and tend to have higher values compared to less common or country-specific extensions.

6. Previous Use: Domain names that have a history of previous use, rankings, or traffic may hold more value since they could potentially bring organic traffic to a new owner.

additional considerations when pricing domain names:

1. Length: Generally, shorter domain names are more desirable and easier to remember. They often have higher value due to their scarcity and potential for branding purposes. Keep in mind that the ideal length can vary based on trends and industry norms.

2. Keyword Relevance: Consider whether the domain name contains popular keywords or phrases that are relevant to a specific industry or topic. This can make it more valuable since it may have higher search engine rankings and attract targeted traffic.

3. Brand Potential: Evaluate the brand potential of the domain name. Does it have a catchy or distinctive quality that could make it stand out? Brandable domain names often have higher value because they can help businesses establish a memorable online presence.

4. Market Trends: Keep an eye on current market trends and emerging industries. Domain names related to trending topics, technologies, or buzzworthy terms can have increased demand and thus higher value.

5. Development Potential: Consider if the domain name has potential development value beyond just the name itself. For example, if it could be associated with a profitable website or online business, it might be valued higher.

6. Negotiation: Remember that domain name pricing is negotiable. Be prepared to negotiate with potential buyers or sellers, and be open to adjusting your price based on market demand and the perceived value of the name.
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