Hello all.
I have several domain names (like customguy.com and localautos.net). I would appreciate some advice on how I should go about selling.
Specifically:
Where can I get an accurate appraisal of value?
What are the common places to post domains for sale? And, what do experienced domainers recommend?
What are some considerations regarding selling to the public or resellers? And, what percentage of retail will resellers typically pay?
Is it always advisable to use an escrow service, or is a PayPal transaction sufficient?
Thanks in advance for any advice.
-ray
Hi
before you can sell domains, you have to have domains that
others want to buy.
you need to know when to sell. as some will sell when funds are short for another purchase, but imo this is best time for a buyer.
you should have confidence in the value of your domain.
if you get an inquiry, will you know what price to quote?
you should always be honest, professional, and expedite the transaction asap.
explaining any hold-ups immediately to the buyer.
your domains should have "valid" email and phone contacts.
60% of my domain sales this year have come from unsolicited phone calls or emails.
a percentage of domainers choose to use "privacy protection" on their names for various reasons which i understand, but this can be frustrating for end-users to make quick contact.
i steered a deal thru sedo from a phone call received during a lunch break. it resulted in a 5 figure deal for a 26 letter domain.
saying that to emphasize that, you don't have to "push it" to sell names, you can sit back and wait, and sell domains.
what i do is...
any domain i get, i list it first on sedo for visibility and accessibility.
if any visitors come, they can easily click the offer link and the negotiations can begin.
in the meantime, i can gather stats if any,which will enhance it's market value. moving the name around to other ppc's if necessary to gauge a variety of performance measures.
if you can acquire domains that produce revenue, not only will their values increase, but it allows you to operate from a more comfortable position.
with a steady income stream, there is no rush to sell any domains!!
for appraisals, if they come from experienced domainers then they can be useful. if they are automated, then...
it's best to already know the value of your domain or have a pretty good idea of it's range and potential.
you find the most accurate going rates for domain groups at the reseller level, by reading thru the "domains for sale" sections. here you can see what sellers are asking and what buyers are paying.
some domain groups values appreciate faster than others, like they way LL, LLL and LLLL have recently.
do you sell now or hold longer to get an expected higher return?
just something i though would be useful
good luck!
