Can I ask an opinion on selling domains?

[Ritual]

Hi all,

Hoping for some info here. So far the boards have been an amazing place to pick up info and tips, but I'd like advice on a specific case.

I'm planning to list a domain for sale soon. A really, really good one, single word, TLD, short, snappy and relevant.

But the site has no traffic. In fact, there isn't a site. The domain is not even hosted, just owned.

I'm looking forward to getting it up for sale, and I expect some interest, but in the meantime is there anything that I can do to raise it's profile, unhosted as it is? Traffic figures seem to rate highly, and I'd obviously like the domain to sell for as much as possible (sorry, I'm a capitalist pigdog ).

Rit.

PS: Please excuse me for not naming it, I'd prefer to do some prepwork first.

[Caiapfas]

Flippa.com, tip me..lol but seriously tip me

[Ritual]

Flippa.com, tip me..lol but seriously tip me

In the words of Doctor Evil....

[cr1776]

Depending on the domain, you can list it with sedo.com among others if you don't want to just sell it here - they are just one of the larger ones.  They do take a cut though if they sell it.   They specialize in handling the listings and can do auctions or whatever.  If it is bitcoin specific, you should obviously let people know here, depending on the name.

Whatever you do, do not rely on those automatic web site calculators of domain value because they are not very reliable except to get a lower bound on it.  As you pointed out, the value is in the name as it can be developed, not on traffic now.  A vacant lot in London won't get a millionth of the traffic a lot with a 50 story building in London.  So, if you get someone who does not understand the difference between a 30 meter by 30 meter vacant lot in the middle of Montana and a 30 meter by 30 meter vacant lot in the middle of London or NY they'll never give you a good price. 

If you give us the name (or PM it) I'm sure that there will be plenty of people who'd be able to give you an idea on the value. 

[Ritual]

I'll post the name publicly when I have permission to sell it. It belongs to 3 of us, and I need the guys' OK to post it publicly.

But we're not really interested in selling it for USD or EUR. We'd all 3 like to have a bitcoin or two in our long-term wallet.

cr1776 - your comments were very much appreciated. I just don't know if I should be putting in hours per week driving up the (potential) traffic first, or if I should leave that to the buyer. I don't know where the breakeven is on that.

Rit.

[cr1776]

Hey,
It is hard to say whether a lot of effort is worth it.  IF the buyer knows what they are doing and have a need for the name they will see the value whether it has traffic or not.  Think about, say, casino.com, in the mid 1990s it had no traffic, but now I bet it has a ton. 

You and your friends could always list it on Sedo.com and see if you have any interest.  You NEVER have to accept an offer there (there are other similar sites that sell it, I only am referencing them because I've used them), and they'll park it for you if you wish.  I have sold a few names there and bought a few there.  (And bought a lot and sold a lot before they were around).  Bitcoin is definitely a nice way to get paid for it - if they insist on fiat, you can always buy bitcoin with it of course.

[mrhelpful]

Flippa.com, tip me..lol but seriously tip me

In the words of Doctor Evil....

The person who mentioned flippa must be new. Its only advised to sell websites that are already pre-built.


I did a listing with them when I had a "website", not just a domain.

As for the domain thing, I think sedo is good. Just use the fiat to buy btc.

[CryptoNames]

I'm looking forward to getting it up for sale, and I expect some interest, but in the meantime is there anything that I can do to raise it's profile, unhosted as it is?
PS: Please excuse me for not naming it, I'd prefer to do some prepwork first.

Short answer: just post it here

If you post it here and start getting offers for the price you want, then you've saved yourself unnecessary time and work. Conversely, if you don't get the response you had been hoping for, list it on a domain auction site and/or start developing to increase its value.

Of course, if the domain isn't what you are hyping it up to be, none of this applies.. Good luck

[Ritual]

OK thanks Cryptonames, I'll post it when I can.

Cheers,

Rit.

[cr1776]

I'm looking forward to getting it up for sale, and I expect some interest, but in the meantime is there anything that I can do to raise it's profile, unhosted as it is?
PS: Please excuse me for not naming it, I'd prefer to do some prepwork first.

Short answer: just post it here

If you post it here and start getting offers for the price you want, then you've saved yourself unnecessary time and work. Conversely, if you don't get the response you had been hoping for, list it on a domain auction site and/or start developing to increase its value.

Of course, if the domain isn't what you are hyping it up to be, none of this applies.. Good luck

Good thoughts

[Caiapfas]

Flippa.com, tip me..lol but seriously tip me

In the words of Doctor Evil....

The person who mentioned flippa must be new. Its only advised to sell websites that are already pre-built.


I did a listing with them when I had a "website", not just a domain.

As for the domain thing, I think sedo is good. Just use the fiat to buy btc.

I've sold domains on there before... it works.

It states in REAL big letters on the homepage The #1 place to buy and sell websites, domains and apps

I have sold countless websites and a few domains there.

You might also want to check https://flippa.com/buy-domains

I've tried sedo.com, never been impressed

[Ritual]

OK, that's pretty interesting. I apologise to the first poster, I'd never heard of it before.

Thank you for info and pointers

Rit.