Should I sell a domain?

[carfac]

I have a (what I consider) very nice domain name- 4 letter, common word, generic term (no possibility of trademark problems)- .com.

It is in a field I am related to. I use the domain as just kind of a gateway to my more specific topics. The term gets people in, as it were.

I have been offered 10K for it recently. Serious bid, I think. I know it is hard to say anything w/o knowing the 4 letter word, but I guess I am not too motivated to sell it at that price. Am I stupid?

Dave

(No, it is NOT Dave.com!)

[JasonHamilton]

if you don't need the domain, go for it.

if the domain was something like pork.com, hold onto it because the offers will get bigger.

as you said, hard to say since you're not listing the domain

[carfac]

>>> hard to say since you're not listing the domain

I thought the TOS prohibited me listing it. If I am mistaken, I will post the word, but I do think that is not allowed...

I think it is quite similar to pork.com- one word, very descriptive, but also broad in scope.

dave

[kodaks]

No, posting the domain name is not allowed. If you can, sticky me the URL.

[kodaks]

Wow after seeing the URL, you have an extremely wanted domain.

What I advise you do is post somewhere on your site that the domain is for sale and an auction will take place on a given date. I would recommend you use ebay for the auction, but there are many aother alternatives. This way, you may get more than 10,000.

[carfac]

Thanks! My ego has been boosted!

I thought it was a good domain... but, here are the liabilities:

1) It is NOT easy to monitize (alot like pork.com!)
2) There are only a few "big" companies that I think could use it

I do think to one of those companies, if they wanted it, it would be worth many times over the 10K offer... but I also do not think they are out hunting for new domains, either. But I am in no hurry to part with it, either. I have a 10 year registration on it right now.

Oh, I meant to add...

I am a bit suspicios of how I got the offer. I contacted a couple big-name resellers, just to see if there might be some interest in bbrokering the name- just on a whim, you understand. None responded, but this guy started offering (3k at the time, I beleive) a week later...

[edited by: carfac at 10:17 pm (utc) on Aug. 23, 2004]

[bhartzer]

I had a great domain that I sold a few years back. Oh, how I regret selling it for five figures!

The money I could have continued to earn over a 5 year period of owning that domain would have been by far more than those 5 figures I got for the domain.

It turns out that I now know more than I did back then (technically-wise) and could have added a lot more content to the site and made a lot more.

Sometimes selling a domain isn't a good thing to do.

Just my .02 cents.

[chicagohh]

What are your type in traffic numbers? What *kind* of type in traffic does the domain bring in? Can the visitors convert to money easily?

[petertdavis]

There are a number of forums that will allow you to post the name and have knowledeable people give you advice on how to maximize the selling price. What I'd suggest is hold off on selling it until you educate yourself in this market. A bit of education may pay you many times over when you sell it.

[carfac]

It averages 1600-2000 uniques a day, with no promotion at all. However, it IS in DMOZ, google, yahoo and others. The site itself is just a doorway to my other, more specialized sites. I have put a little info on the site, so it would stand on it's own... and a Link directory. I just have not had the time (nor have I had the isnpiration) to take this site to what it could (and should) be.

I think you are right, just kick back, bide my time...

dave

[HarleyGuy]

carfac
you said "The site itself is just a doorway to my other, more specialized sites"
if you sell won't you be loosing all that trafic to the sites it feeds?
if those sites are making money for you, that income will be lost.