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Originally Posted by brian1234  Good post Draggar. So lets say a person did own a domain of cars.com's calibre AND you wanted out of 'domaining' and you set yourself a target of 6-12 months in which to sell it...
List all the things you would do!.. |
If you have to sell withing a year, then you will probably only get pennies on a dollar. You will probably have to wait at least 5 more years to get end user price. End user interest is just starting to pick pick up over the past 1-2 years.
With cars.com I would contact all large classifieds and related sites like Ebay, craigslist, hotels.com, and smaller players like atv.com. All these companies already understand how to make money with internet classifieds-related sites, so starting cars.com may interest them.
I think another good idea is take payments for domain over 10 years or so. $500K over 10 years is a lot more affordable than $5 million up front.
If the domain fits specific industry, then another good option is to attend industry trade show. Sales-people there will tell you who the right person to contact in their company.