Am I asking too much for my domain?

Desired buyer says I'm crazy...

[bobbyt]

I'm not exactly new to the web, I've began developing web pages over 13 years ago now, and work for a major web corperation.

That said I have a few domains that I use for personal sites.

Someone contacted me wanting to buy one of my domains (a site with currently no form of income as its more of an information placeholder, but does have meaning to myself) as he indicated he had started putting something together something using the name and felt 'it would be easier to buy than to change the name now'.

I had the name long before him (or anyone for that matter) so it's fully mine currently.

I asked him to make an offer and he came back with $10...

I told him that the time alone it would take me to find a new uniqe name, and update all my existing sites to use this new name doesn't even remotely justify that value.

Taking into account all the work involved I came back with what I felt was reasonable to myself: $1500

He came back basically mocking me and indicating I'm crazy & mental...

I kind of just want a second opinion, is the amout I'm asking for completely rediculus? Keep in mind that I to a degree was high-balling...

[bateman_ap]

I would just ignore him, he will end up eating your time away, if $1500 is the price you feel it's worth, thats what it's worth.

[Philosopher]

Exactly. It sounds like the guy that contacted you has no clue about the domain market at all.

[LifeinAsia]

It doesn't matter if you are crazy & mental. It just means that you are crazy & mental and have something that he wants. :)

You have no obligation to sell to him at any price (excluding copyright/trademark violations, of course). So if he doesn't like your price, he is free to walk away and buy his own domain name.

Your only "obligation" is to set a price that YOU feel comfortable with, so that you don't have seller's remorse later on.

[bwnbwn]

your crazy & mental if ya sell it for $10 My opinion nope your not crazy & mental he is with his starting offer.

[creeking]

he indicated he had started putting something together something using the name and felt 'it would be easier to buy than to change the name now

haha. that's BS.

then he offers $10.

for this guy, don't waste time, don't lower the price.

[caribguy]

Is there a new meme going around these days that makes prospective buyers think they can get things for free or with a promise to pay later if "their" work pays off?

Been seeing it more and more, and am completely frustrated with it.

[Jane_Doe]

Just block his email address and don't think twice about it. There is no point in tolerating rude behavior from strangers. Offering someone $10 for a domain isn't being respectful of the potential seller's time.

[buckworks]

A $10 offer shows that either he is totally clueless or he thinks you are totally clueless. Either way it's a waste of breath to talk with him.

Keep the domain for your own purposes and don't look back.

[bobbyt]

I appreicate the feedback... I'm not sure why I let these things get to me.

The whole reason I asked what I did was due to the nature of the fact that I wouldn't be getting rid of the domain's purpose, but would have to find a new name and change everything afterwards.

I figured if it was going to create as much work as it would, I may as well get something I felt reasonable about.

I got the impression that the individual somehow felt entitlement because his intended purposes for the name are more meaningful than mine...

I guess I should see it as more of a blessing. When he contanted me I took the time to figure out my rights to the name... I came up with the name on my own, and I took the time to make certain it was unique and completely unused when I registered it. I'm using it for the purpose I intended, and while seemingly meaningless to most, its not meaningless to me.

I now understand all these things combined should prevent someone from trying to swipe it out from under me...

[maximillianos]

Strongly agree with everyone else. Block him and don't spend another second thinking about him. He has shown his true colors early on and for that you can be thankful.

Even if he came back and offered $1500, I would still not do business with someone who mocks me.

[walkman]

Even if he came back and offered $1500, I would still not do business with someone who mocks me.

My policy exactly: low ball and insult my intelligence at the risk of being shut out. If the name is a good .com you will sell it one day so why rush?

[StoutFiles]

The satisaction of knowing he has built a website around this name and will never get it is worth even more than $1500.

[LifeinAsia]

Domain offer: $1500.
Domain counter-off: $10
Being able to spite idiots/jerks: PRICELESS

[dailypress]

hes not even paying you what you paid for considering that you had the name for several years and at least had to pay 7 bucks/year for renewal.

[scotman]

Yea i would hold firm if he wants it then it means other people would want it.