Domain Manage

A question

Discussion in 'New Domainers' started by faceofjem, Nov 2, 2012.

Thread Status:
Not open for further replies.
  1. faceofjem

    faceofjem New Member

    Joined:
    Nov 2012
    Posts:
    2
    Likes Received:
    0
    My boss has been offered a huge sum of money for a domain he owns. He wants me to research why they are willing to pay so much for it. How do I research this?

    Jem:confused:
     
  2. Domain Forum

    Acorn Domains Elite Member

    Joined:
    1999
    Messages:
    Many
    Likes Received:
    Lots
     
  3. zehrila Pakistan

    zehrila Active Member Full Member

    Joined:
    Jan 2006
    Posts:
    483
    Likes Received:
    5
    What is the domain name? you can PM me. You first need to be assured that offer is legitimate from a legit company and you are not being victim of some scam.

    There could be many reasons for high end offers, probably domain is exact match to their brand name or is short key word enriched domain!
     
  4. faceofjem

    faceofjem New Member

    Joined:
    Nov 2012
    Posts:
    2
    Likes Received:
    0
    He has checked out the US Lawyer to make sure he is legit, and he is. I don't want to post the domain as it's not my place to do it. The offer was for £100,000. It seems increadibly high, but it is a 4 letter word with .com. so maybe it's not that high? How do I find out what they are going to use it for?
     
  5. zehrila Pakistan

    zehrila Active Member Full Member

    Joined:
    Jan 2006
    Posts:
    483
    Likes Received:
    5
    If it is 4 letter pronounce able .com with no real dictionary meaning, then 100k is pretty good money, take it and celebrate. If it is 4 letter dictionary word, then it depends, no one would be able to appraise without actually seeing the domain.
     
  6. Edwin

    Edwin Well-Known Member Exclusive Member

    Joined:
    Apr 2005
    Posts:
    8,460
    Likes Received:
    261
    Does it matter what they want to use it for?

    What you have to ask yourself is:
    A) Has your boss ever received other offers even remotely close to that one?
    B) Does the name receive a steady stream of unsolicited offers?
    C) How much would £100,000 change your boss's business prospects?
    D) How key is the name to his business?

    If the answers to the above are "none", "no not really", "a lot" and "not much" (or an approximation of these) then who cares who the buyer is or what they want to do with the name... take the money and run very fast!

    It's good to get "market value" from the deal, of course, but sometimes by over-analysing certain aspects ("what's it hypothetically worth IF we could ever find another buyer") you're missing the obvious ("£100,000 is a huge deal to us")
     
  7. namealot United Kingdom

    namealot Well-Known Member

    Joined:
    May 2008
    Posts:
    2,092
    Likes Received:
    45
    To add to others who cares who they are its show me the money...
    Knowing there intended use can help e.g. they want it for a brand yes that can mean it has high value to them but doesn’t mean anyone else would see it as the same value now or ever?

    You can start with asking them why and if the law firm is acting for a third party? They may not tell you then again they may? Not sure what legal disclosure rights are? Formal or informal etc

    Check owners of other TLD’s and cctlds, prices and when they sold, if there developed if they are check tax returns, Turnover Company’s information etc Google the word not just g com but, de. co.uk .jp etc and other search engines also, check word meaning in other languages? Check acronyms, abbreviations, companies called the same word or similar. look for patterns of similar words or owners of them, Google the lawyers name, there company, there address etc see if there it comes up with any one they represented etc check there linkedin etc Any new patents, trends, inventions etc you can try and negotiate conditions of sale + % of future increase in sale over 1. 5. 10 years etc

    You could do all this and more and draw a complete blank if your boss is trying to squeeze them then really he should think of employing a specialist negotiator or someone who knows what rocks to look under e.g. private detective etc rather than asking someone who doesn’t...
     
    Last edited: Nov 2, 2012
  8. namealot United Kingdom

    namealot Well-Known Member

    Joined:
    May 2008
    Posts:
    2,092
    Likes Received:
    45
  9. Alien

    Alien Well-Known Member

    Joined:
    May 2006
    Posts:
    5,921
    Likes Received:
    57
    Take the £100K and sell, sell, sell without doubt! :) It's a no brainer...!
     
  10. mojoco United Kingdom

    mojoco Well-Known Member

    Joined:
    Mar 2006
    Posts:
    1,231
    Likes Received:
    20
    Not necessarily, it depends on the word.

    Would you sell porn.com for £100k ?

    Obviously it won't be porn.com but you get my point.
     
Thread Status:
Not open for further replies.

Share This Page