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I have already read your minds and I know I’m going to get emails asking about how to
determine what to ask for your domain when you are selling it. I will write a part 3 about the
negotiation process and who should make the first offer, how to determine what price to try to
get, and how to know when you should take the money and run.
I did not touch on another method to buy domain names that can work well, but it runs hot and
cold. That is by directly contacting domain name owners. Sometimes I’ll type a domain name
into my browser and see what’s on the site. If the site is fully developed and looks like the
owner put effort into it I usually don’t bother contacting that domain owner unless I really want
the domain. If I navigate to a URL and I see that there is nothing on the site, or the site is a static
one pager that looks like it originated in the mid 90′s I will give that domain owner a shout and
see what is up. Sometimes the stars align and you will contact someone who has no use for the
domain, they want to sell it, and you are the first one to ask them about it so you can negotiate a
good deal. Other times (and this happens most of the time) you’ll contact a domain owner who
has read articles about domain names that have sold for six or seven figures and they have it in
their head that their domain is worth that. Rarely is that true, but once someone has something in
their head it can be hard to convince them otherwise. If you want to try you can find recent
domain sales and show them what the current market rate is for a similar domain name. But
some people you just can’t talk down.
You can also go to a domain name marketplace like Sedo.com, Afternic.com, or one of the other
domain name marketplaces. There’s a bunch out there, Google is your friend if you want to find
them all. And on the flipside, as a domainer seller you can list your domains in these
marketplaces in hopes of having a potential buyer locate your domain (most marketplaces will
charge you a commission in the 10%-15% range if your domain name sells).
Almost forget, there are also domain name brokers who will try to move your domain names for
you (provided you have a domain name that is semi valuable). My rule of thumb is to always try
to sell the domain first on my own so that I don’t have to pay anyone a commission and I can
maximize my profit. If I have no luck and I don’t want to spend the next 7 years trying to sell a
domain than I’ll use marketplaces or domain brokers to try to sell it for me.... Read More http://www.anticareer.com

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