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I received request for a domain name price, what should I write?

Started by morganlong, Jul 06, 2022, 02:27 AM

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morganlongTopic starter

I seldom receive inquiries through whois.
On a certain occasion, someone inquired about the cost of my domain. I'm unsure what to reply. The topic was intentionally created in the novice section and did not name the specific domain for the purpose of making it a general discussion.

It's common for others to receive requests for domains that aren't publicly listed with an unspecified price.
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evejones

Provide the transmission method. At times, you establish a price and upon receiving agreement from the client, you proceed with online re-registration. The client, in turn, desires guarantees for the amount paid (via the store). However, some refuse to pay my personal income tax.

 In essence, when you mention the price and the client readily agrees, it implies that the price is too low. Conversely, if you quote a higher price and the response is less than expected, the client has set their own cap on how much they are willing to spend per domain. However, if the price is too high, the client will likely decline without explanation.
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MariaK

When transferring (selling) a domain, it is necessary to re-register it from your own name to the name of the buyer. In some cases, a power of attorney is even required. All of these costs must be factored into the total cost of the domain, which is assigned by you. In fact, if the domain is old and trusted, then you can get good money for it.
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tinjuashok

Several primary factors determine the potential value of a domain. They prove useful when specifying the price of a domain name for further sale through specialized catalogs. Nevertheless, they can also help buyers assess whether a particular site's price tag is too high. Let's review the prominent factors and their characteristics.

Length and memorability are essential features. The length and conciseness of a domain name catches the eye when reading it. It should not be merely a string of numbers but a thematic name, preferably one that users can remember easily. Short, memorable domain names cost more than complex or lengthy names.

Age and history affect domain pricing. Generally, older domains are more expensive. However, a website that has frequently changed its content and thematic focus throughout its usage will have a lower price. When considering this factor, it is critical to pay attention to search engine restrictions as they significantly impact pricing.

Site traffic is an important factor to consider when buying a fully functional website along with its domain name.

The domain name's ranking in search engines dictates its value. When the domain name rating is high, its value increases.

Zoning is another crucial factor to consider. Each domain name has its unique zone, such as .fr, .io, .de, or .com. If the same names are already occupied in neighboring areas, the domain price increases. However, attention is always paid first to .com or .de, and then to other zones.

If you intend to sell a seemingly worthless domain name, set a minimum cost that suits you. When you find a buyer, and the price isn't suitable, you can negotiate.

Alternatively, you can set an average price. Check similar websites' names on trading platforms to determine the average cost.
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kathylewiss

When responding to such inquiries, it's vital to resist the urge to immediately disclose the price of your domain. Doing so could potentially undervalue your asset. Instead, consider crafting a polite and engaging message that expresses gratitude for their interest while gently probing for more information about their specific intent for the domain. This can help you gauge the seriousness of their interest and the potential value they associate with your domain.

In the context of the inquiry being lodged in the novice section without naming the specific domain, it is likely that the intent was to incite a general discussion rather than make a targeted offer for your domain. In such cases, it may be beneficial to engage in a broader conversation about domain values, industry trends, and best practices for domain acquisition without divulging the specifics of your domain or its cost.

Maintaining confidentiality about your domain and its price can provide you with a strategic advantage, allowing you to negotiate from a position of strength. Actively participating in domain communities and forums can also provide valuable insights and strategies for dealing with inquiries and conducting domain sales in a manner that ensures you receive a fair price for your assets. This engagement within the domain industry can help you stay informed about market trends and strengthen your negotiation skills, ultimately maximizing the value of your domain portfolio.
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