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- Oct 11, 2004
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I am not a newbie to the domain industry (although my profile on this forum would make it appear that way), but I don't have much experience with selling cream-of-the-crop domains. I obtained a truly premium domain a couple of years ago from the original registrant, who reg'd it in 1996. To give you some idea of the value of this domain, the original registrant had it appraised back in 1998 and it came back at $1.5 million. Everyone who hears that I own this domain (100% ownership) drops their jaw. Most people who know of this domain also agree that it is a million-dollar domain, but my reserve would be lower than that. This is truly a premium domain in the movie industry.
I would like to sell this domain, but have never sold one of this high caliber before and I need to get some advice as to how I should go about this to a) avoid getting ripped off and b) get the best net price possible. I'm considering offering the domain in one of the upcoming T.R.A.F.F.I.C. live auctions, but not sure if that is really the best way to go. Obviously I want to sell to an end user to get the best sale price.
I also thought about contacting several different brokers and inquiring as to who will commit to the highest reserve and lowest commission rate. Not sure that kind of approach would sit well though. Might be the best way to get a high-profit private sale though. (?)
Another option might be for me to just market it myself direct to the bigwigs in the movie industry. But that feels a bit over my head.
Please reply. Any advise is greatly appreciated.
I would like to sell this domain, but have never sold one of this high caliber before and I need to get some advice as to how I should go about this to a) avoid getting ripped off and b) get the best net price possible. I'm considering offering the domain in one of the upcoming T.R.A.F.F.I.C. live auctions, but not sure if that is really the best way to go. Obviously I want to sell to an end user to get the best sale price.
I also thought about contacting several different brokers and inquiring as to who will commit to the highest reserve and lowest commission rate. Not sure that kind of approach would sit well though. Might be the best way to get a high-profit private sale though. (?)
Another option might be for me to just market it myself direct to the bigwigs in the movie industry. But that feels a bit over my head.
Please reply. Any advise is greatly appreciated.