09-08-2008, 08:22 PM
I got this email today, and so I took a shot at answering it.
I figured that it would be interesting for everyone here, so I decided to share it (and my answer) with you. Got more tips? Then please reply to this thread!
My reply:
I'm happy that you have found the book helpful.
The truth is, as in any business, it's all about luck in the
distribution of market forces. If you are selling, you need a buyer,
and vica versa. The first step to finding a buyer (that will pay you
around what you expect) is to list your domain at a brokerage. You say
that you have already done this on Afternic, and that's a great start.
I would additionally advise you to list them on Sedo - the more
exposure the better. There are a couple of things that you can do to
'increase your luck', and all of them are listed in the Domain Book.
Register domains for which there is a significant market. Feature the
domains where you can and WHEN you think it appropriate (be selective
as this can be expensive). Get maximum exposure for your domain by
listing on brokerages, but also check out the Domain Names Wanted
section of domain forums.
One more tip, there is no need to go ahead and appraise your domains
before you find a buyer. Chances are, a buyer will buy based on the
domain and not the appraised value. Afternic appraisals ARE over
valued, and they are a good way to get your price up AFTER you have
found a buyer.
I figured that it would be interesting for everyone here, so I decided to share it (and my answer) with you. Got more tips? Then please reply to this thread!
Quote:Hi,
I read your domain ebook a couple times and I decided to get some domains. so far, i think i've bought about 8 domains, appraised a couple and listed most of them on afternic. anyways, i was curious as to how you got that individual buyer to buy your ski portal domain for so much. where and how did you find each other? was it just thru one of the big domain brokerages? thanks for the help. i have some domains which i'm really excited about and can't wait to sell them!
My reply:
I'm happy that you have found the book helpful.
The truth is, as in any business, it's all about luck in the
distribution of market forces. If you are selling, you need a buyer,
and vica versa. The first step to finding a buyer (that will pay you
around what you expect) is to list your domain at a brokerage. You say
that you have already done this on Afternic, and that's a great start.
I would additionally advise you to list them on Sedo - the more
exposure the better. There are a couple of things that you can do to
'increase your luck', and all of them are listed in the Domain Book.
Register domains for which there is a significant market. Feature the
domains where you can and WHEN you think it appropriate (be selective
as this can be expensive). Get maximum exposure for your domain by
listing on brokerages, but also check out the Domain Names Wanted
section of domain forums.
One more tip, there is no need to go ahead and appraise your domains
before you find a buyer. Chances are, a buyer will buy based on the
domain and not the appraised value. Afternic appraisals ARE over
valued, and they are a good way to get your price up AFTER you have
found a buyer.