Archive for September 25th, 2006

Domain Name Appraisals: Are They Worth the Cost?

Have you ever thought about having one of your registered domain names appraised, because you were considering selling it and wanted to know what a fair price would be? Maybe you’re just curious about how much your domain is worth? Did the high fees for detailed appraisal services turn you off of the idea, or are you still considering it?

Here’s a simple fact: Domain names, just like any other product or service, are worth whatever the market will bear.

What that means is that if a domain appraiser tells you that your domain name is worth $2500, but the most you can raise in an auction is $50, then your domain is really worth $50, not $2500. It’s basic economics. The market works on a supply-demand system. You’re supplying a certain domain name, and its value is entirely determined by how much demand there is for that name. If only one person in the world is interested in buying it from you, its value will be pretty low (unless of course you’re a squatter who jumped on a domain someone let expire, and you’re demanding an obscene price for it). On the other hand, if thousands of people desperately want the domain name that you’re selling, the price some people are willing to pay can skyrocket, making your domain name worth thousands.

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How to Sell a Domain Name for Maximum Profit

In the world of domain name, there is an act of buying a domain name and selling a domain name. These acts are so typical that many domain name consumers and holders are into it a few years after the introduction of domain name in the world of the internet. Today, as domain names continues to become a commodity; many people have particular desires to buy a domain name and particularly to sell a domain name.

Generally, to sell a domain name, which is the main focus of this article, involves a not so easy process. If buying a domain name involves some processes, to sell a domain name is also to undergo different steps.

According to many domain name experts, there are really certain purposes why a certain domain name holder or companies sell a domain name. It is a common note that many of them just purchased a domain name for the purpose of reselling it. Most of the domain name holders sell a domain name after finding that it has no use for them, or perhaps when the third party shows some interest in buying it.

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