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Register Today on DNForum IT'S FREE!could you conceive a formula for unknown values, that vary over time, and with each owner?
as is, there is no concrete formula for associating value for, or to a domain, outside of historic patterns and demand.
everything after that is speculation... how much will you ask for a domain when selling, or how low you will offer for a domain when buying
those two things also depend on varying degree's of knowledge and negotiating skills
if seller is lacking in one or both attributes and buyer is keen in both, who is more likely to get got?
now this buyer becomes the seller of same name and new buyer is lacking in both attributes
who is more likely to get their price?
both sellers made a sale of the same name, but the selling prices were different due to aspects unrelated to the name.
each seller had different "formula's" for deducing value and we haven't even discussed "need" to sell, which always affects pricing
now if you structured a formula from that, it may look like this:
(seller's knowledge and skills + domain) X's ( buyers ?/$) = price
where (?/$ )= how much the seller thinks the buyer can afford to pay
but that too will be switched around for every seller, domain, and buyer
now you have a formula
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