There’s a HUGE chance you are one of the people who do this. How do we know? Because we did this. That’s why I wrote post and we made this video. Yes, domain name sales are insane. Domain name prices can be huge. You read these great success stories of 10,000% ROI and wish that could be you one day.
I get it. It happens.
But does it happen regularly? No. It doesn’t.
A main culprit here is greed. As humans, we are some what greedy by nature. We always want more. There is no difference when you are trying to sell your domain names.
This post/video may have come out of anger…yeah that’s it. Maybe because I had to deal with a counter offer like this…
Are you serious? Let me get this straight…someone thinks that their name is worth $250,000. Let’s be serious.
There a a few names out there that are worth that price.
Can we honestly try to value are domain names prices with “real” valuations of some sort? For us, we try to hit a target of getting 10x our money based on what we paid for the domain name. Is it a perfect science?
Sometimes we choose to sell it for less (cashflow), or we are able to hit our target or sell it for a tad bit more than expected (we haven’t hit that home run sale yet tough, but it’s coming)!
Case and point: If you price your domain names to sell, you put yourself in a good position to…um…sell them. Not rocket science right?
Agree? Disagree? We want to know, let us know your thoughts!
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