[Gllug] Pricing for a domain

[salsaman at xs4all.nl]

On Wed, March 4, 2009 13:45, Jason Clifford wrote:
> On Tue, 2009-03-03 at 21:56 +0000, tid wrote:
>> I've been approached by someone offering to buy a domain name I own.
>> Does anyone know if there are any metrics for pricing of domain names,
>> or indeed
>> of pitfalls of selling domain names? I'm aware that domains, like a lot
>> of things are
>> only worth what people are prepared to pay for them, but as I'm pretty
>> broke at
>> the moment, want to get decent value.
>
> First and foremost do not reply to any initial contact stating that you
> want to sell the domain. Instead reply that you registered the domain
> for a particular purpose (a project or business for example) and that
> you had not considered selling the domain.
>
> This is important as if you reply with a price or indicate in any way
> that you want to sell it they might simply seek to grab the domain by
> way of whatever process the registry has in place to allow this in the
> case of cybersquatting or abusive domain registrations.
>
> Then you can go on to state that your project/business has not yet
> entirely committed to the domain branding publicly and that you could be
> willing to consider an offer - ie leave the door open for them to
> pursue.
>
> If they are willing to pay a reasonable amount rather than just hoping
> that you'll sell it for a couple of quid they will probably get back to
> you to start negotiating for the domain name.
>
> Jason
>
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>

That is good advice. Also, if and when you establish that they are willing
to offer a significant amount for the domain, it is worth going through a
solicitor to complete the transaction - that way the buyers are less
likely to pull any last minute tricks on you.

Salsaman.




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