Somewhere along the line I must have expressed interest in this domain and eventually bought something else. So the broker got in touch and didn't like my $10 offer I left a message: Ultimately the market value is what you can actually get someone to buy for and someone to sell for. I'm guessing this pup is looking for decent commissions and a $10 sale won't cut it. So, am I right or do you think the owner is right to hold out for more?
It'll be interesting to see where it ends up. Not a lot of money to be made in caravans down here. Motorhomes, yes, caravans no. Just found an article referring to the actual owner as a long time domainer - and that was back in 2004!
Brokers have portfolios with thousands of domains, so they will hold out until they find that one sucker that really wants the name. You should see the prices for some of the names sold by BuyDomains. That said, they would have access to a great deal of sales data, so would have more of an idea about its real value than most people.
In the meantime nobody is using that domain so my lesser domain can do it's thing. It's a win either way
4-5 figures mostly, they don't sell cheap. It's a numbers game, they have huge portfolios, so if 1% of the names sell at high prices it's good enough. (source: I'm a domainer)
Scratch that... http://domainnamewire.com/2014/11/04/endurance-buydomains/ Brokers have portfolios with millions of domains. Think about it from their perspective. If they think a domain is valuable enough to keep renewing, then they're not looking to nickle and dime with a portfolio this big.
think of it as land, say someone has a huge farm, many acres of land. You want to build a mall somewhere on the corner, but why would he sell it cheap to you? His whole business model is buying cheap in bulk so he can control a lot of land and sell some of it very high to developers
I get the concept of domaining, I just think he's got it wrong in this instance. The guy with the huge farm will sell off the contaminated, boggy land at a discount because then he doesn't need to maintain it, pay rates or worry about his stock getting in to it.
Did you get the domain @sarahk? BTW, I don't think that domain worths more than $50. I had experience with domainnamesales.com and their price is unfair. Some domains are listed there for thousands of dollars. In another experience another broker who offered $30,000 for the domain narenji.com (narenji means orange in persian).