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gpmgroup - 12:55 am on Mar 13, 2008 (gmt 0)
We had a name we would have liked to buy several years ago. We would have probably paid up to $5,000 at the time but the PPC firm wasn't interested in selling. Though $5,000 would have seemed a lot of money at the time compared to market values and what the name was worth for our use. Their site had and still has PPC adverts I doubt their return is anything like that as the term is not really associated with anything commercial. However not selling to us has been to their advantage as I doubt they would even entertain an offer from us at $50,000 - $60,000 today as that is what the domain would likely achieve in the open market today. With hindsight I should have initially offered them $10,000 even $20,000 and then maybe we might have owned the domain today and it would still have been a good investment (even without our intended use). Most people / companies have a price often its worth more to them than it is to the buyer. Talk to them don't try and litigate the name.
The client have made a few attempts over the years to inquire about purchasing the .com from the original Registrant but they are not interested in selling. The domain has been parked since 1999.
Communication is the key not litigation. - That is what you would want them to do to you if the situation was reversed.