Question. Does the market still exist and is there anywhere to sell them besides www.greatdomains.com
Digger
High priced names are most commonly a direct result of the person going to the site and then contacting the current owner. You will not sell a domain for a lot if you have to force it down on them. People might offer a few hundred with that approach. So your best course of action is to make sure people know your domain is for sale, then wait. Buyers of a name will want the name, so they will find you. No need to advertise really.
So if you have a domain, turn on the DNS and tell people that visit your sites that the domain is for sale. Don't try and make a profit as well (banners and stuff) this will confuse a buyer.
A lot of people now days watch domains and just wait. They know they can wait for the domain and they will not have to pay the high price. If you have a keeper, then register it for several years out. This is the strongest sign you can show a buyer. They are more willing to approach and pay your price if the domain is not set to expire in 6-12 months. This goes to the point of having a live website. Dead DNS makes the thing look abandon. People will wait when they think the domain is dead.
1) Deep pockets
2) Existing web presence
3) Your domains would be a good business fit for them
Then do the calls. You should (hopefully) end up with a few interested parties, who you can work on.
Online or offline, brand has value
The natural "Type-in" domain name .. example .. rare 2 letter or 2 numeral or combo names .. 3 letter .coms .. one word .coms .. and proven traffic domains.
Vanity names are a hard sell .. the majority are not worth the reg fee .. Paid appraisals are not worth the printing ink.
Most sales are between name dealers .. there are about 5 forums operating where you can get a free appraisal at the moment these appraisals are from members of the forums some will give you a realistic wholesale appaisal others will treat it with scorn .. use common sense to value your domains .. if you have quality it is still worth $$ and there are buyers for them at a price.
I dont know if these forums can be mentioned here so i wont give the URLs .. one forum in particular is very innovative and is starting to show very good results .. listing is free .. selling is free .. but if the names are mediocre they wont get anywhere.
End user buyers are few and far between unless you have prime quality names.
Good luck.
>use common sense to value your domains .. if you have quality it is still worth $$ and there are buyers for them at a price.
Exactly. IMO, appraisal services aren't worth the paper their websites are printed on. Most seem to be designed to stroke the ego of the seller with fantastically inflated prices.
Of course, if you have superb names it's probably worth going to the extra effort of determining the top 10 companies in the niche covered by your domains and making a personal approach to them.
Of course #2, there is nothing you can do to improve your chances of selling worthless domains - this can't be overstated since about 99% of all domains listed as being for-sale aren't even worth the registration fee!
What if it is a good name for travel search terms like (example *x*y*z*vacations.biz or *x*y*z*vacations.info)
How do you know what to sell them for? If you suggest a price it might be too low and you could have got more. If you go to high you might scare them off.
Can anybody suggest a dollar amount for a name like this?
I was thinking like $200.00 or something. You are gradually seeing more active .biz and .info travel domains now so as time goes by I think things will pick up. I don't think travel sites will have decline.
Thanks
Ken,
That post is still rather acurate, but I have made some changes to it offline, They are more detailed and rather hard to calculate for most users, so I would say in general that post is good for most people.
The price I was quoted was quite startling. $11 000 US dollars.
The site was live, with an enquiry form and was being used to cash in on PPC affiliate traffic ( a common revenue stream apparently)
Is this a normal price for a groovy sounding domain name? Quite frankly, after I stopped laughing, I was shocked that they were serious.
I say that because they don't hold premium rates and I predict that once the good ones are gone, another suffix or two will be introduced to help boost the domain sales market.
So we could be seeing .go, .sun, hol, .fun, etc - where does it stop?.
A domain is only worth what someone will pay - like most things.
If you put it to work, get it high in the serps and it can be viewed as a threat, as opposed to just another domain - thus the need to buy will be greater ... increasing the price.
If you approach your targets with domains for sale, I feel they will dismiss the offer and carry on life without them.
Approach them with a solution to remove an obsticle - then you have a different story.
Dormant domains are worth less - IMHO
Peter
Digger
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The only places that you will find real buyers instantly (if the names are any good at all)
Are dnforum.com (pay for membership to buy & sell) and NamePros.com (free membership to buy and sell)
These are traders forums not retail sales at the very least you will get a reality check as to real value of your domain names.
Be prepared in advance if your domain names have little or no value dont go there and ask for appraisals or put your names up for sale if you are in some dream world thinking that your names have some value without being able to prove traffic.
The only domains worth anything are 3 letter .com, one word .com, or overture results which include the .com,
there are of course some exeptions. (foot note) there is a lot of activity in the .co.uk Tld recently some good prices for .co.uk are being fetched.
[edited by: Webwork at 2:12 am (utc) on Jan. 15, 2006]
The demand dictates the price.
If someone really wants your domain, really, really wants it, so much it hurts ... the cost would be much more than someone who would buy it because its cheap.
Typein is right - go to where the real buyers are!