I like reading your posts Rob and usually agree, but can you explain how this domain could command £5k a year?
Maybe you have a different list of comparables than I do?
You have looked at Wakefield, and its population and demographics I take it?
The post also states that it gets 350 unique visitors a day, yet it has an Alexa Traffic Rank of 877,000 odd and a page view average of just 1 page, whereas one of the modest sites I have has an Alexa Rank of 615,000 and only gets an 55 unique visitors a day with an average of 4 page views.
If I am missing something, please let me know.
For a domain name you have no ownership rights on, for a town of this size and with the size of the business community, I just can't see how it could get that. I would love to be wrong of course.
I am that convinced, and feel over valuation stagnates domain sales, I will put £5k up for grabs.
If the domain Wakefield.co.uk gets a yearly rental of £5k, I will pay the owner the sum of £5,000 pounds sterling. The domain must be rented for this amount in a one off or monthly arrangement, and must not be paid in conjunction with any commission agreement to make the sum of £5,000 up. This of course is on the undertaking that the owner does not conspire with the rentee' or any third parties with the sole aim of claiming the £5,000 from myself. The Rent must clearly stated on any contract for the full sum of £5,000, with at least a minimum term of 1 year, and the full amount to be paid in the event of any contractual split. An industry standard six week limit from this date, 19th September, 2006 will apply to my offer. More than enough time you will agree to complete the transaction.
Apologies for above, but I have to cover myself incase of any willingness to part me with my money without a proper deal.
Should you get anyone who is prepared to pay this amount, it will be a pleasure to pay you, plus I have some magic beans they may be interested in also.
Have any of you Rented a domain name out, or from someone else? Please send me the details so I can add it to my research.
Happy Domaining