crazy valuations!?!?

[Sussexite]

Maybe us Acorn members should

1. Create our own uk only domain marketplace aimed at end users, where
2. All the domains have fixed price BINs (or they cannot be listed), and
3. All the domains are properly tagged and categorised (or they cannot be listed), and
4. There's a degree of quality control about the domains listed.

This could be used to create a proper market with properly considered values so that when a buyer comes along they can see that the asking price is a sensible one. They would be able to compare the price of the domain they desire with others in their industry.

At the moment pricing is too much on a whim to appear reasonable to many potential buyers. and too many sales platforms suffer from the offer / counter offer ridiculousness. They need to know they are not being mucked about with.

This could be one way of doing it.

 

[BREWSTERS]

Sussexite - good idea!

 

[PoshTiger]

If sellers would put an OIRO price on their landing pages this would stop the silly offers pretty sharpish.

Thing is - most don't.

 

[accelerator]

Another factor in domain pricing is how much the seller needs the money.

I also like to reply to all enquiries, but I don't have a huge portfolio, so it's not much effort.

If I am buying domains, then I never forget the power of putting an offer well below their desired price down on the table and explaining how you can make quick payment. Even wealthy owners can be tempted by cold hard offers that will be transacted quickly

Rgds

 

[taffmeister]

this is a great thread and discussion guys. An eye opener to those of us with less experience than yourselves.

What really grates on my nerves is when a company approach via a marketing company to try and buy a domain. They offer something like £250 and say it's not worth any more.

Well excuse me it's worth enough for them to hire a marketing company at £500 per day to negotiate so I think you're pulling my leg a little there mr marketer!

I do find it hard to know where to price some domains though and fortunately most offers I have received have been above what I would generally value at and so a straight forward deal can commence.

It's not as easy now as it was a couple of years back but I still enjoy finding an occasional diamond name. Makes me feel like I know what I'm doing!!!! lol

 

[foz]

What really grates on my nerves is when a company approach via a marketing company to try and buy a domain. They offer something like £250 and say it's not worth any more.

Well excuse me it's worth enough for them to hire a marketing company at £500 per day to negotiate so I think you're pulling my leg a little there mr marketer!

or, try to acquire for £250, then bill the client for £2,500 Everyone has their palm out.

 

[taffmeister]

ok a quick question to those of you with more experience than myself (Pretty much all of you!)

If I have domains with high google exacts but are perhaps not the most brandable domains and domains that may have low exacts but sound like good brandable names which would you value most?

 

[thecat]

I also wonder how many domains are sold to other domainers and how many are sold to people who are looking to do something with them.

 

[grantw]

If I have domains with high google exacts but are perhaps not the most brandable domains and domains that may have low exacts but sound like good brandable names which would you value most?

The second type by a mile - since Google started adding search figures into GKT a lot of domainers are putting WAY too much emphasis on exacts. In my experience most end users don't know/care what the search figures are, they want a particular domain and buy it.

Concentrate mainly on exacts and you're setting yourself up for a career selling domains at bargain basement prices to other domainers and affiliate marketers who just aren't willing to pay end user prices.

Grant

 

[Edwin]

What really grates on my nerves is when a company approach via a marketing company to try and buy a domain. They offer something like £250 and say it's not worth any more.

I find a short and sweet "Thank you for your offer. Good luck finding a suitable alternative." has actually closed the deal on more than one occasion (though sometimes it's taken months for the buyer to come back with their tail between their legs).

 

[taffmeister]

Sound advice

The second type by a mile - since Google started adding search figures into GKT a lot of domainers are putting WAY too much emphasis on exacts. In my experience most end users don't know/care what the search figures are, they want a particular domain and buy it.

Concentrate mainly on exacts and you're setting yourself up for a career selling domains at bargain basement prices to other domainers and affiliate marketers who just aren't willing to pay end user prices.

Grant

Thanks Grant - I think that's pretty sound advice.
I have domains that fall into both categories and would generally agree with you. It's always been the more brandable domains that I have had unexpectedly high offers for, ones that I thought would get offers because of their exacts have had nothing. Check out a cpl of my existing posts for example. 3phonestuff.co.uk and crazy-frog.co.uk both get over 14k exacts but not a single offer on either even though I'm not looking for big money on them. Then I had a couple of domains such as gettingpersonal.co.uk and ratemyface.co.uk which went for high £XXX completely unexpected.

 

[BREWSTERS]

The second type by a mile - since Google started adding search figures into GKT a lot of domainers are putting WAY too much emphasis on exacts. In my experience most end users don't know/care what the search figures are, they want a particular domain and buy it.

Concentrate mainly on exacts and you're setting yourself up for a career selling domains at bargain basement prices to other domainers and affiliate marketers who just aren't willing to pay end user prices.

Grant

I agree but add that certain names with very good exacts (and corresponding traffic) are at the top of the pyramid.

That said, I have a handful of names that I personally value higher than my others and all of these are catchy, memorable, 6-9 letter .coms - if I posted them in the appraisals section of any forum I'd probably get £xx to low £xxx appraisals but (most days) I'd want 5 figures for any of them.

 

[thecat]

Honestly it entirely depends on the business model of the buyer.

If they are carpet bombing their brand then brand is more important. If they only want to go after the serps then you are going to have an argument.

 

[domainseller200]

http://www.avc.com/a_vc/2011/04/finding-and-buying-a-domain-name.html

A great article (albeit .com based) and a fabulous comment at the top too ! (a huge essay but some amazing information contained and well worth a read)

 

[billyrichards]

I find a short and sweet "Thank you for your offer. Good luck finding a suitable alternative." has actually closed the deal on more than one occasion (though sometimes it's taken months for the buyer to come back with their tail between their legs).

Ahh, the good ole' take away close!

 

[Admin]

timeout guys, I'll close this thread if it carries on this way.

Admin

 

[Systreg]

@ Mattyr45, did you see Admins post directly above your last post I know you saw it as you said, sorry Admin, therein lies the hint