Blogging Along

A domain is only worth the amount someone is willing to pay for it or what revenue the domain is making each month multiplied by X amount of months.

What prices do domains go for and how do you appraisal a domain?

The best way to judge how much a domain is worth is to visit domainprices.co.uk and see what domains have sold for and where the sale took place.

Domains on the secondary market can vary depending on if the sale is to a reseller (someone who deals with domains) or an end-user (someone who will use the domain directly).

If you deal with domains you may see the domain personalinjurysolicitors.tv as a good investment and would only be willing to pay £1000 for it.

If you are an enduser or a Solicitor that figure (because you really want it) maybe 5 fold and be £5000.

Domains are hard to price unless they have a website on them generating revenue, which then can then be calculated from it’s monthly income.

The owner of a domain is always going to think it’s worth more than the buyer is willing to pay.

Ask yourself this – Will it make any money undeveloped and are you going to develop it? Is it likely that another buyer will come along and offer the same amount or if not more?

If you answer no to both, sell the domain for the best price possible today!

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