Fair offer for my domain?

by JaxLen3 1 replies
Warriors,
First let me thank you for reading this...
I purchased a domain with hopes in niche marketing in the fishing industry but haven't done anything with it in years. I recently had a guy ask if I wanted to sell it, cheap. After doing some back ground on the prospective buyer, I find that he created and manages a Web site for one of the largest companies in the fishing industry that makes/sells "Terminal Tackle". Terminal Tackle by definition includes hooks, weights, swivels, fishing line, and pretty much every component that makes up every single fishing lure in the world! Well, my domain happens to be TerminalTackle.com
I was not impressed with the offer, so I wanted to know what you all thought it is worth, or how to appraise it. I was thinking of using the free appraisal sites, and picking a number in the upper half of what they said it appraised for. I do want to sell it, but not for what I have in it. I want some ROI. What say you??
Thanks again for checking this out.
#freemarket.com discussion #domain #fair #offer
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  • Profile picture of the author candoit2
    Originally Posted by JaxLen3 View Post

    Warriors,
    First let me thank you for reading this...
    I purchased a domain with hopes in niche marketing in the fishing industry but haven't done anything with it in years. I recently had a guy ask if I wanted to sell it, cheap. After doing some back ground on the prospective buyer, I find that he created and manages a Web site for one of the largest companies in the fishing industry that makes/sells "Terminal Tackle". Terminal Tackle by definition includes hooks, weights, swivels, fishing line, and pretty much every component that makes up every single fishing lure in the world! Well, my domain happens to be TerminalTackle.com
    I was not impressed with the offer, so I wanted to know what you all thought it is worth, or how to appraise it. I was thinking of using the free appraisal sites, and picking a number in the upper half of what they said it appraised for. I do want to sell it, but not for what I have in it. I want some ROI. What say you??
    Thanks again for checking this out.
    If you are into fishing I would ask him what he is offering, and then agree to that price plus a lifetime worth of tackle. Remind him it is a write off for him. He'll probably counter with a lesser amount of tackle but something you will be happy with. You can always increase the price of the domain as the tackle offer decreases. It is a write off and costs a fraction of what it's retail value is. Think not retail value but his cost and it being a write off to justify asking for lots of his product.
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