Wanted: Domain Appraisal New member wants name appraisal

[ewol799]

I have owned gbuk.co.uk for some years now and am being asked if I want to sell it by a company. Anybody here any thoughts as to an asking price. Many thanks,

ewol799

 

[BREWSTERS]

There are no hard and fast rules when valuing names such as this, but some things to consider are;

You've held onto the name for a while - have you had a development plan for it? If so, what would selling it deprive you of income wise?

Do you know the company who want to buy it, or are they using a broker? If a broker is being used, who are they (many who work for large domain co's like Godaddy etc are useless). Try to deal with the end user.

If you know the buyer, are they using a similar domain now? If they're 'trading up' it can work to your advantage as they must have quite a high 'want value' on the name. Have they already name an offer?

Did they approach you or vise versa?

How many offers have you had for the name in the past? If the answer is none, then it's unlikely you'll get many more.

Do you need the sale, or, if they don't want to meet your figure now, can you wait for them (or someone else) until they do?

..............

There appear to be some companies that would like your domain and could afford to pay a good figure for it. Hard to put figures to it without knowing some of the above.

 

[ewol799]

Thanks for that info.
To be more specific and to answer some of your questions I can advise that:-
I have no development plans for the domain at the moment,
I know of the company through internet research and would be dealing direct,
They have formed a new company using that name,
They approached me,
Their offers have been very low, (a few hundred pounds.)
No previous offers from other interested parties but there may be another one that would be interested. I don't need the sale, but would probably sell for a large sum! I can certainly wait.

Don't know if this helps with an actual price appraisal but hopefully it does.

Best, ewol799

 

[viceroy]

Personally, I'd let it go for less than 1.5K, I really can't see much use for it development-wise, so it have to be to a company or for someone's vanity? Let them know your realistic minimum price and if they want it, they'll take it!

 

[BREWSTERS]

Thanks for that info.
To be more specific and to answer some of your questions I can advise that:-
I have no development plans for the domain at the moment,
I know of the company through internet research and would be dealing direct,
They have formed a new company using that name,
They approached me,
Their offers have been very low, (a few hundred pounds.)
No previous offers from other interested parties but there may be another one that would be interested. I don't need the sale, but would probably sell for a large sum! I can certainly wait.

Don't know if this helps with an actual price appraisal but hopefully it does.

Best, ewol799

You must know the base figure that you'd be happy taking - upwards from there is all bonus. So it's a case of how much can/will this company pay.

I'd take my base price and add 50% if you feel the need to offer a figure. Otherwise I'd ask them to keep making offers until they either reach a happy price, or if they back out of negotiations. If they do so before they reach your base price, then there would never have been a sale anyway.

You can also throw into the mix things like payments spread out over a period to help their cashflow (can be done through escrow) or maybe taking an equity stake in the business; part exchange - what is their line of business? If they sell conservatories and you'd like a new conservatory, can a deal be struck? Would they be interested in renting the domain with an option to buy? There are plenty of ways to leverage more from a deal even if they don't want to part with much cash.