Would You Pay $100 for This Domain?
* Short (only 5 letters and forms an abbreviated word)
* Catchy (somewhat)
* Easy to remember
* Brandable
* Pronouncable (although it is an abbreviated word)
* Generic enough to use for just about any type of blog or site
* Already aged 2 years
* According to the Certified Offer Service from Network Solutions it's worth over $25,000
* According to swiftappraisal.com it's worth $2900 ~ $4400
* According to nameboy.com it's worth $10,571
I know it's not even close to being worth as much as those free appraisals say it is, but it still shows that it's definitely not a worthless domain.
Anyway, I've had a domain up for sale on Sitepoint for 7 days now with all the above things about it and a starting bid of only $100 (lowered from $200), and nobody has bid on it yet. I thought for sure it would easily sell.
I've never sold a domain without a site on it before so I don't know much about it, but it seems to me that a domain like this would be worth at least $100. I was expecting to get $200 or more with no problem.
What am I missing here?
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