closed www.itoy.com YOUR ADVICE PLEASE

[wwwdotcom]

I got an offer on www.itoy.com for 10k through 3rd party broker.

Please appraise....................Thanks! wwwdotcom

 

[BiggieBiggie is verified member.]

ask for $75K

 

[Kventures]

itoys would have been better IMO.
but there is already something called "eye toy" I believe

anyways, 10k seems like a good price, i'd take it

 

[Thomas Nash]

I think you should definitely counter, there first offer usually means they might be willing to pay more,

also watch out for them asking for a paid appraisal, its a scam.

 

[wwwdotcom]

i ignored the email which i got last week, but i got another one yesterday.

 

[Fredo]

worth more than 10k

 

[Andrew Shaw]

Dont counter anything, tell them that you are not willing to let it go at that price. Make sure you let them know that you plan on developing it. If you make a counter offer, you are only setting limits for yourself. Let them make another offer before you even consider throwing a price out there.

 

[wwwdotcom]

Thanks!!!! Goode Idea!

 

[Varchar]

Don't sell.... you should ask for more. You should get at least $20k for it. Good luck!

 

[DNP]

worth $25-35 at least.

 

[oveber]

Dont counter anything, tell them that you are not willing to let it go at that price. Make sure you let them know that you plan on developing it. If you make a counter offer, you are only setting limits for yourself. Let them make another offer before you even consider throwing a price out there.

worth $25-35 at least.

Have to agree with them

 

[holdem8]

Your buyer might be reading this post.

I agree with the appraisal thingy. That is a scam.

Good name, about 20k.... if there is no trademark problem.

Al.

 

[WeBuyThe.Com]

If people keep thinking their domains are worth millions
there will be fewer and fewer transactions, less news coverage, and lower valuations...

Lets look at some recent sales shall we?

iSocial.com sold for $9000
ewebsite.com sold for $9500
istats.com sold for $2500
icosmetics.com sold for $2500
irave.com sold for $2288

IMHO $10,000 is a pretty generous offer
Could you get more for it? Perhaps - but when?
Next year? 5 Years? 10 Years?
You could probably sell it and buy 5 other strong names
that could double or triple in value.

The other thing to consider when selling is what are you going to
do with the money? Do you need the money? If you don't have
plans it couldn't hurt to hold out for more however it could
be a long while before another strong offer comes along.
We've scared away a prospective buyer of a typo last year and no
other parties have expressed interest since.

Good Luck!

 

[smashfactory]

i was also thinking- etoys has been out for so long- everybody knows etoys- doesnt it make it harder to brand when you have to spend half your time fighting off the other brand? (no maam, we are Itoy, not etoys) and itoys would be preferred- i have to agree with webuythedotcom (you need a shorter name ) i think you could counter but, you might lose the best money you may make on that if you try and go crazy on this- you have:

#1- etoys
#2- itoys
#3- etoy
#4- itoy


again- just my opinion

 

[3dGEEK]

take the money and reinvest IMHO

 

[BiggieBiggie is verified member.]

If people keep thinking their domains are worth millions
there will be fewer and fewer transactions, less news coverage, and lower valuations...

Lets look at some recent sales shall we?

iSocial.com sold for $9000
ewebsite.com sold for $9500
istats.com sold for $2500
icosmetics.com sold for $2500
irave.com sold for $2288

IMHO $10,000 is a pretty generous offer
Could you get more for it? Perhaps - but when?
Next year? 5 Years? 10 Years?
You could probably sell it and buy 5 other strong names
that could double or triple in value.

The other thing to consider when selling is what are you going to
do with the money? Do you need the money? If you don't have
plans it couldn't hurt to hold out for more however it could
be a long while before another strong offer comes along.
We've scared away a prospective buyer of a typo last year and no
other parties have expressed interest since.

Good Luck!

none of those names even comes close to the potential of "itoy.com" imo

 

[mudi]

Dont counter anything, tell them that you are not willing to let it go at that price. Make sure you let them know that you plan on developing it. If you make a counter offer, you are only setting limits for yourself. Let them make another offer before you even consider throwing a price out there.

Very interesting do that!

 

[wwwdotcom]

yes biggedon you are right!

webuythe.com, tell me? you said sell it and you can buy 5 stronger domains with 10k. Can you give me an example?

 

[Andrew Shaw]

I dont think this is a thread for debates. It's more like one of those things where you give your best opinion, and then the potential seller makes his own informed decision. Obviously not everyone does things one way. If that were the case, that one way wouldnt work.
wwwdotcom, accept all opinions as that is what you made this post for. Take everything into consideration and let that help you make your decision.

 

[Onward]

If 10k was their 1st offer...there is no doubt I would not accept it. I would either:

1. counter back at 3x what I was willing to accept.

or

2. tell them that I was not interested in selling the name at 10k due to development plans... and it would take a significantly better offer for me to change my plans.


In answer to your posted question for an appraisal...I agree 10k to be a fair reseller price. I would say up to 35k for enduser...although if you find out mac is the enduser...you could be in for a much better payday.

Good luck.