I was looking at a domain name today and came across its Efty landing page. On the left side of the page, there was a short list of publicly reported domain name sales, including a few in the multi-million range. These domain names were not comparable to the domain name I was looking at, and the sale prices were not close to what the domain name is worth. I think showing unrelated domain name sales might be a detriment.

As a domain investor, I am accustomed to hear a prospective buyer tell me “the price is too high.” While they may actually be right about that, more often than not, I think they are stating that as a fact when it is more a matter of their opinion. Alternatively, they may have set a maximum budget in their head, and the asking price is beyond that.

I want to share a response that could be effective when dealing with someone who tells me the price of my domain name is too high: I simply ask them to share some examples of public domain name sales and prices that they believe are comparable to mine to prove that the price is too high.

I don’t check my corporate mailbox regularly because I don’t receive a lot of important physical mail. Just about everything I need comes to me via email. I visit my mailbox every once in a while so it isn’t overflowing to the point they have to package it up and ask me to wait in line to retrieve it.

On my last trip to the post office, I had a Priority Mail envelope waiting for me in the box. I opened the envelope and it had a letter from someone offering to sell me a domain name. The letter was pretty much a full page, and it had information about the domain name. The owner wanted nearly six figures for this domain name. To be frank, it is a domain name I would not even hand register, so I would never buy it nor could I recommend that someone else buy it. This is not the first time I have received a letter like this before.