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What should I bid on an obscure single word domain name

New to buying domains

     

lgn1

3:02 pm on Dec 19, 2012 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



We have a new project on the go, and we just purchased a single word domain that is hypenated between the two syllables (eg. wid-git).

I won't get into the details but the hypenated domain name is worth more to us than the non-hypenated single word.

We would like to buy the single word domain, but it is already taken. The single word domain is not worth anything to us, and we would not use it, however we want to remove it from circulation, in the extremely rare chance that someone would use it for an adult site.

The word we are interested is an obscure middle english word, that is only used in poetry, and very infrequently at that. There is no website associated with this word.

I was thinking of offering $500 dollars for the domain, and using a domain broker to complete the sale. I might go as high as $750, but im not going to pay alot for a domains, just to remove it from circulaton.

Since the people in this thread, make a living in trading domains, can somebody comment if I am wasting my time making an offer?

mack

3:41 pm on Dec 19, 2012 (gmt 0)

WebmasterWorld Administrator mack is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



By making an offer it becomes a sellers market, express an interest, but don't make an offer. Wait for the owner to suggest a price. Its then a sellers market and any haggling will be down to you.

Mack.

topr8

4:48 pm on Dec 19, 2012 (gmt 0)

WebmasterWorld Senior Member topr8 is a WebmasterWorld Top Contributor of All Time 10+ Year Member



... mack has a point, the only thing is in my experience (not a domain speculator, but i have a few, which occasionally people cold call about)

any email i get showing an interest without an offer price in it, i just trash, i don't even bother to reply.

mack

10:01 pm on Dec 19, 2012 (gmt 0)

WebmasterWorld Administrator mack is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



I have had a similar issue. I have been trying to contact a domain owner. No reply.

Unless they want to sell, there really is very little you can do about it.

Mack.
 

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