How To Value a Domain
A friend of mine asked me if I knew how to value a domain. He was offered $5,000 for the domain or trade the domain in exchange for a very attractive ad space that he's confident he could sell for $35,000 a month (it is in Time Square).
Any thoughts on how I can get a fair assessment of what the domain is worth? The issue with the $35,000 sale is, as you can imagine, it takes time to sell that space. I know some of you are going to say it is a no-brainer but this is a guy w/ a lot of businesses and doesn't necessarily want to focus on selling this ad.
I thank you in advance for your insights!
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