noobie question

[hotchilidamo]

Ok, I'm starting up my own business and the name I want to call it is unavailable but the co.uk is registered and for sale.

I've looked at url trends and its got a page rank of 3, but no alexa rank. Its about 7 years old.

How do I assess the value of this domain and make a reasonable offer?

If I can't afford it I guess I'll need to look for a new name. I'm assuming the idea of putting 'ltd' at the end of teh name is not good practice

Thanks in advance

 

[tifosi]

express an interest in the name but don't quote figures.

when the offer comes back negotiate around a % you have in mind depending on how far off expectations it is.

and no, .ltd.uk ain't great unless you have the .co.uk and use it as a redirect

S

 

[hotchilidamo]

Thanks. So is there no real rule of thumb for how domains are valued?