Now, I'd like to have that domain. But when I emailed them the other day they told me the price was $2,300.
I told them that was more than I could afford, and they got offended and sent me an article about some domain names that sold for 100k +.
Now I'd pay maybe a few hundred dollars, but no way I can afford in the thousands. It also makes me pretty upset that they go and register a domain name for a term, Bluewidget, that I've been using for a long time. Yes, I know I should have registered the domain, but I was 16 at the time and new to web design and didn't think that someone would steal my name. If it comes down to it, is a lawsuit a possibility? I can prove I've been using the term prior to his registering it.
Also, the pricing seems bogus. I unfortunately told the guy that I've never purchased a domain name before, so I suspect he's pricing it unrealistically high. When I had some domain names I was thinking of selling (far better names than the one I'm trying to buy), I had several people tell me that selling domains is hard to do and most domains go for less than $500, and not in the several-thousand range.
What's the best thing to do? I really think the price he set isn't fair. He's had the name for 2+ yrs, it's not a common name, and not something that could apply to other people or businesses.
In fact, I'm close to just saying screw it and forget the name. Would getting a domain name appraisal be a good idea?
I tried SwiftAppraisal's free thing and got a value of $200-400. That's about what I was expecting to pay.
Any opinions or help is appreciated :)
Once I had worked all that out I would send a simple email (Least said the better)
Apologise to the guy for not intending to upset him
Then say you genuinely can't afford to pay more than X amount. Would he be prepared to consider it?
He may come back to you he may not but at least you've made the highest offer you think the name is worth to you.
Realistically, I can't see anyone paying that much for the name. I suppose someone else could use the name for a site similar to mine, but right now it's kind of my phrase, not used other places.
I'm stupid for saying I'm new to this; He probably thinks he cam mark the price up a lot. Plus my email happens to be bluewidget@email.com
Maybe i'll wait a few days to get back to him so he doesn't think I want the name that badly. I'd pay a few hundred dollars maybe, but that's about it.
If not, try a different domain.