I want to buy domain names.

by Olu Joseph 17 replies
Hi,

I have a domain name i registered 3 years ago and i am not
using it for anything.

This morning some guy sent me a mail asking me to sell it
to him but i don't know how much i should sell it.

My question is, are there tools or sites that will help to
determine the worth of the domain name?

I will be glad with your references.

Thanks,

Olu
#main internet marketing discussion forum #buy #domain #names
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  • Profile picture of the author scrupio
    Use estibot.com
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  • Profile picture of the author candoit2
    DN Sale Price- Domain Name Sales Price and History

    With this you see what similar domains have sold for recently and where the market is established at.
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  • Profile picture of the author Daniel Wilson
    The domain is worth as much as the market makes it worth.

    It depends on trends and how much value has a domain name nowadays when it is becoming less and less important for SEO.
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  • Profile picture of the author scrupio
    Another thing you can do is look @ all the domains that are similar to your name and see how much they are going for on sedo.com , buydomains .
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  • Profile picture of the author JOleng
    Does it have any back links or anything? Is it premium domain name?

    I would look at the domain name and try to figure out why this buyer wants this domain, when You have at least some clue , why does he need it, You can try coming up with a price, if You are not planing on using it anyway, the price doesn't have to be too big to make it profitable for You.

    No automatic tools will give You the right number for what is it worth to the buyer.
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  • Profile picture of the author Olu Joseph
    Thanks guys,

    I sent a reply to the guy to make an offer
    and he gave a lower amount to the appraisal
    at estibot.com.

    The guy even said "I ke this domain, although it's
    not particularly valuable i'll be willing to pay slightly
    over registration value for it"

    My question is, if it is not valuable, why does he want
    it? He is also pricing it a bit above what i bought it and
    i have renewed it for 3years.

    I need your advise.

    Olu
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  • Profile picture of the author JennSpencerIM
    You need to at least get your money back for the time you've owned it! It must have SOME value to him or he wouldn't want it. Does it have backlinks or a keyword in the domain or anything like that? You haven't answered that question yet and that would tell us a lot.
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    • Profile picture of the author Olu Joseph
      It is 2 keywords domain name but i am worried
      about the guy's comment:

      "I like this domain, although it's not particularly
      valuable i'll be willing to pay slightly over registration
      value for it"

      Why is he interested if the domain name is not valuable?

      olu
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  • Profile picture of the author sbucciarel
    Banned
    Estibot and other automated estimating software is useless. It can't really give you the worth of a domain. A domain is worth what someone will pay for it.

    You've got a domain you don't use. You've got an offer for that domain. Will you be happy with the transaction? If so, take it and let go of it.

    Just don't get taken in by any domain appraisal scams. If they say that they want the domain but insist that you get an appraisal and suggest a couple of companies to do that, run. They own the appraisal companies and have no intention of buying the domain once they con you into an appraisal.
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    • Profile picture of the author Robert H Cwik
      Originally Posted by sbucciarel View Post

      Just don't get taken in by any domain appraisal scams. If they say that they want the domain but insist that you get an appraisal and suggest a couple of companies to do that, run. They own the appraisal companies and have no intention of buying the domain once they con you into an appraisal.
      I've been coned this way once. Luckily it was a cheap appraisal company so I didn't lose much. Next time, I told the other guy "feel free to pay for the appraisal yourself if you're so much interested in the domain. You'll have an appraisal ready when you want to sell it further". I haven't heard from him any more. You may use the same technique
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  • Profile picture of the author Josh Walker
    Check out Estibot like someone has mentioned.
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  • Profile picture of the author art72
    While this doesn't sound like the SCAM I encountered, and narrowly avoided...

    There is an old domain scam that people contact a potential seller of a domain, then tell them that they are interested in buying domain XYZ.com (BUT) first you'll need to get it appraised (*or 'valuated') as he and his partners do not buy anything without 'validation'. <-- Major scam. They guide you to a fake forum, linking to a 'suggested' provider of authentic 'valuations' or domain 'appraisels' - when in reality, they get your money for the appraisal(s), and NEVER buy the domain.

    Here's the skinny. Your domain is worth what you want for it! -Or What someone is willing to pay for it! - If you are being asked to get it appraised tell them to go fly a kite. Domain names are worth whatever a buyer is willing to pay for it. There is no need to get appraisals, as 99.9% don't mean Jack Schitt.

    Unless you have a 'highly valuable' domain like a one-word 'dictionary' .com name... the best bet for pricing it is look into who owns the other extensions (i.e. .net, .org. .info or the occasional .me, etc...) and price it according to the market. Other factor's can involve traffic, development, monetization, brand-ability, etc... that would be a case where a 'broker' might be a consideration to fetch top-dollar for your investment.

    However, if you just want to dump it and this guy has an interest in it, without asking you to get it appraised or valuated, then he probably just wants to develop a site, and may already own one of the other tld's.

    At least get what you've invested back, and if possible a little more.

    All the Best,

    Art
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  • Profile picture of the author artion
    you may also use swiftappraisal.com or dnscoop.com
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    • Profile picture of the author Kay King
      The free online appraisals are worthless - and you don't need them anyway.

      If the buyer is a scammer he'll try to get you to buy a domain appraisal. If he wants to buy the domain - name a fee you'd be happy to take and he'll say yes or no. If you have $30 invested in a domain with no plans to use it, selling for double that amount is not a bad deal for you.
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  • Profile picture of the author blittzs
    I did some domain selling in the past. Go to godaddy and get you domain Appraisal, also if you move you domain name to go daddy you can do some domain name Enhancements.

    Now if the guy for example offered you $500 then list your domain name for sale in godaddy and use bids and put a reserve for $700 and see what happens from there. If you don't get any bids just sell him the domain name, maybe it has some value for him, but no value to the market.
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