closed fuelworks.com - Appraisal Please!

[blueridge]

I intended to use this domain for a business however I recently received an unsolicited offer. I would like some appraisal advice so I can respond to the offer.

 

[INFORG]

There are a couple of people that have registered the majority of extensions on this, so one of those two may really want it or need it enough to pay a nice amount. This isn't really about appraisal - the name itself isn't that fantastic, it's all about negotiation and knowledge. What you need to try and figure out is who wants it, what for, and what do you think they will pay for it. You have to do some research and see if you can figure that out - or just shoot really high and see what happens. If the offer is less than X,XXX you may want to just reply "no thanks, I think I will hang onto it and develop it" and see if they increase the offer. If they offered X,XXX or more, counter with a nice five figure amount and then work back from there if it is worth it to you.

 

[blueridge]

First offer was $5,000 from someone who doesn't have anything with the name registered. I have most of the extensions registered.

I have fuelworksonline.com as well. If I sold the shorter domain and switched to the ***online.com domain for my business, how much worse would that domain be for direct input, email, etc?

 

[INFORG]

If that is really going to be your business, do you really want to sell your exact match .com domain? You want to hobble your web presence forever by giving that up? You're kidding me right?
Adding "online" to the end is a terrible alternative - don't be shortsighted - tell them you aren't interested unless they are going to pay you 6 figures.

 

[blueridge]

You're right. Sometimes quick capital injections are hard to turn down for capital-starved startups. I didn't even counter. I just told them I had significant resources invested in the brand and that their offer needed to be significantly higher.