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Originally Posted by invincible False. A domain name is worth what someone is willing to pay provided that the Registrant wishes to sell it for that amount. I once engaged in conversation with someone who used the "A domain is worth what someone is willing to pay (and I am only wanting to pay £x)" line and I pointed out that he assumed I wished to sell it, which I didn't. He wasn't able to reply with anything significant afterwards. What some buyers do not recognise is that some Registrants simply have no interest in selling a domain name for the price they are offering, despite there being apparently no other interested suitors. Maybe the domain name is attached to a business that makes a decent income p/a? Maybe the price on offer isn't an amount of money that the Registrant has a "financial need" for? Someone Registrants have no need to sell.
Been watching CompareTheMarket adverts a few too many times?
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Fair comment!! It was of course a sweeping generalisation on domain sales and not those being retained by the registrant. Also, I'm not saying that the first person that comes along is necessarily going to offer the most. However, there is no point in me trying to sell a domain for £2000, when in reality there is no one willing to buy at that price.
In this instance, the seller is in no rush to sell and is able to hold out for top dollar, if indeed he even decides to sell. He is in a very strong position, when many of us would be biting off their hands for the cash!
The CompareTheMarket ads are annoying, but incredibly catchy! A marketeers dream!!