I agreed to sell a domain for $7,000, only for the buyer to later cancel the purchase, claiming that the domain was manually registered and less than 1 year old.

What's the difference between 10 years, 1 year, or even just 1 day??

The buyer initially liked the name and expressed interest in buying it, but suddenly changed their mind just because it was a recently registered domain. This is strange, especially considering that even a five-year-old domain with no traffic has no such issues. So it can't be just about "Traffic Reasons".

It's absurd to exaggerate the requirement of domains being at least 3 years old. This rule lacks reason and logic.

Regardless, I should still be able to comprehend the rationale behind this: the concept is that I will obtain this domain for a registration fee. So, why am I being asked to pay more for it?

Perhaps they believe this is a recent regulation and want to test how attached the domain owners are. They might consider bringing the price down initially, with the possibility of lowering it further for an extended period of time... Hold on a moment.

Based on my personal experience, domains tend to be sold at certain prices (often higher) when they have been held for several years. It's a psychological factor that comes into play.

As mentioned before, the fact that Dick is moving is not a valid reason to cancel the purchase.

The value of a domain should not solely depend on its age or the intentions of the seller. There are various factors to consider, including market demand, domain name quality, and potential future use. Domain pricing can be subjective and influenced by a combination of market forces and individual preferences.

I understand your frustration with the situation. It can be disappointing when a buyer backs out of a deal for what seems like an arbitrary reason. However, it's important to note that the value of a domain name can vary depending on several factors, including its age.

Older domain names are generally seen as more valuable because they are often associated with established websites and have a longer history. Some buyers might prefer older domains because they believe it gives them a better chance of attracting organic traffic or improving search engine rankings. While it may seem illogical to you, these reasons could be important to the buyer. Ultimately, domain valuation is subjective and can vary from person to person.

Some buyers may perceive older domains as having more credibility and trustworthiness, which can be valuable in certain industries or for specific purposes. They may believe that an older domain has more potential for search engine optimization, as search engines tend to favor established websites. Additionally, an older domain may have had more time to accumulate backlinks or establish a reputation, which some buyers consider valuable.

While these reasons might not align with your perspective, it's essential to consider that domain valuation is subjective. Buyers have their own criteria for assessing the worth of a domain and making decisions about purchases. The requirements or preferences that a buyer expresses may seem arbitrary to you, but they might have underlying strategies or considerations that are not immediately apparent.

It's important to note that there is no universally established rule or standard regarding the age of a domain. While some buyers may have personal preferences for older domains, not all buyers hold this belief. Domain valuation can vary based on multiple factors, including the domain name itself, its history, traffic, and market demand.

In your case, it seems like the buyer had a specific preference for older domains, and their decision to cancel the purchase might have been influenced by that preference. However, it's worth noting that not all buyers would have the same requirements, and some may still see value in recently registered domains.

While it may seem frustrating or illogical to you, different buyers have different criteria when evaluating the worth of a domain. The best approach in situations like this is to have open communication with the buyer to better understand their reasoning and try to find a resolution that both parties are satisfied with.