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Help needed! Someone interested in buying my domain, but i have no idea what price to say

Discussion in 'Site Flipping' started by stephen91, May 18, 2017.

  1. stephen91

    stephen91 Registered Member

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    Hi, i was wondering if anyone with experience in this area could help me. I am not involved in domain flipping or anything. I have a 9 year old domain(not website) in the dating niche. It is the .co.uk version of a popular site by the same name. So i reached out to that company and a few competitors and asked if they were interested in the domain as i was selling it. Had an instant response saying they are interested,requesting a skype meeting and asking how much i was selling it for.

    And that is the problem. I have absolutely no idea how much i should ask for. I really do want to sell it as i need money quickly but i also don't want to say a number that is way to high or low. How the hell am i supposed to come up with a number? I don't have any clue what its worth to them or what they might be willing to pay. Does anyone have experience with this or any suggestions on how i might come to a valuation. All those online valuation things give bullshit results. I am not sure how to approach this.

    If anyone has any suggestions let me know as i really want to get back to them with a number.

    Thanks
     
  2. yuuzokun

    yuuzokun Jr. VIP Jr. VIP

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    Selling a domain name has many factors to take in concideration. One of them is the name itself.

    I (personaly) don't see the age as an important thing when I buy domains. ( got a couple of 6-10 years) for less than 30$ .

    But on top of everything you need to know that those types of threads aren't allowed here.
     
  3. acceer

    acceer Newbie

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    how much do you think its worth? you cant be blank ,how much effort did you put in? is it making money , and did the buyer give you an idea ( how much he needs it). age is but a number even in domains
     
  4. InternetTalker

    InternetTalker Newbie Premium Member

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    Act like you want the domain or have some plan for it BUT are willing to part ways with it for the right terms.
     
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  5. The Doctor

    The Doctor Jr. VIP Jr. VIP

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    Best to put it on Sedo, maybe Flippa too and just wait.
     
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  6. Dawidowww

    Dawidowww Newbie

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    and I recommend too GoDaddy
     
  7. yellowbearmedia

    yellowbearmedia Newbie

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    Hey, So unless you are willing to reveal the name, I'd say go for 10x-30x profit. If the initial offer was around $100-$200, you can easily negotiate it to low four figure. If they offered over $1k, go for mid four figure. Mid four figure is the sweet point for a good .co.uk domain.
     
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  8. Gabriel Ponce

    Gabriel Ponce Newbie

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    Unless you're are planning to monetize it. I'd go for the sale. Anything is over 15% of cost is doing better than the S&P.
     
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  9. stephen91

    stephen91 Registered Member

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    Thanks for all the helpful replies, i have a much better idea of what to do now. I am just gonna try to squeeze out a little more than their first offer and be done with it. I dont have the skills to monatize it. I only ever made $5000 of it from redirecting it to the other site with affilate link, which is fine for doing zero work. I am waiting to see what they offer now and i am expecting it to be about $200 and fk it im taking it.
     
  10. stephen91

    stephen91 Registered Member

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    So i said i have a price in mind and for them to make an offer and if its close to the number i had in mind we can come to an agreement. They reply that they would like me to give them a price to see if its within their limits. ughh now im back to square one. As i learned here the site has really no value other than what the potential buyer sees the value as. If i say 1000 they might be thinking 100 and say sorry forget it. or they might have been thinking 5000 and now i lost out on a bigger potential sale. So how the do i answer this? You could say i should say a number i am happy to part with it for but honestly if it came down to selling or not selling id take 100 for it. can anyone please suggest how i should respond to them
     
  11. SEO

    SEO Jr. VIP Jr. VIP

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    The only advice a person can give you without seeing the domain is to ask for the price you most want (within some semblance of reason). Or, you could see about getting a domain broker to assist in the process. They'll take a cut, but it might be worthwhile.
     
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  12. stephen91

    stephen91 Registered Member

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    Thanks for the reply, its not an amazing domain or anything, its only of interest to a few specific sites, probably wouldnt even sell if i put it on a random flippa auction. i will happily tell you the domain in PM. I will just say low 4 figures and see what happens.
     
  13. SEO

    SEO Jr. VIP Jr. VIP

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    I'm not a domainer, so I wouldn't be a good person to ask. It's probably best to start in the low 4 as you've said you want. If it turns them off, keep the lines of communication open and say, what's the best offer you can make, then try to land in the middle. Binge on some Pawn Stars beforehand :-D
     
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