Ask for a Right of First Refusal

Seller’s remorse is fairly common in the domain industry. As an active seller, there have been plenty of times I regretted selling a domain name I would like to have kept for various reasons. I have an idea on how to combat seller’s remorse just a bit.

When you are in the process of selling a domain name, ask for a right of first refusal if the buyer ever decides to sell the domain name in the future. Most buyers will say no because this could hinder a future deal, but there may be a chance that you could negotiate this into a deal.

I’ll explain how this would work. Let’s say you sell

Why I Put a Time Limit on Domain Prices

I’ve been more vigilant lately about putting a time limit on my sales offers, and it doesn’t have anything to do with domain sales strategy. The reason I have been doing it is to prevent someone else from frontrunning my domain names.

Here’s a scenario for you to illustrate my concerns:

I offer to sell a person a domain name for $5,000. He agrees to the price, and we have a

Domain Name Sales Tip: Ask for a Phone Number

I want to share another tip that might be able to help you identify a prospective buyer of a domain name. People often try to acquire domain names covertly, and it is in the best interest of a domain name owner to know who is inquiring about a domain name for business and legal reasons.

It is very  easy to create an email address. It is as simple as setting up  a free email address using a service like Gmail or Hotmail, or even registering a new domain name and creating email addresses from that. These “throw away” email addresses can make it difficult to track down a buyer, especially if that email address is brand new.

One thing that may help is

Timing is Important for Seasonal Professionals

With the snow finally melted, there are now an abundance of “for sale” signs at homes in my area. With the spring home buying season underway, I am sure this is the same for people around the United States. Even if you don’t live in the US, I would imagine there are certain times of the year that homes are for sale in your area.

When I think of the housing market in Spring, it gets me more motivated to sell some of my real estate domain names. I currently own quite a few city/town RealEstate.com domain names that I think have value to agents. I eagerly began sending out emails to local real estate agents a couple of weeks ago, and  I received fewer replies than I would have expected. Even when I emailed a friend in that business, it took longer than usual for him to respond.

The booming real estate market means real estate agents are

Sales Tip: Look at the Left Side of the Email Address

It is important to know who is inquiring about one of your domain names. There are many good ways to track down the identity of a prospective buyer or someone who inquired about a domain name, and I want to share what might be a less intuitive method in case you don’t have luck using other methods.

Look at the left side of the email address and perform a Google search for that. For instance, if the email address is MrDomainer999@yahoo.com, you will want to search for “MrDomainer999.” If the person used that moniker as a nickname, forum handle, website comment, or something else, you may be able to identify the prospect.

Oftentimes, people use

How I Reach Out to a Domain Owner

Just about every day, I send emails to domain owners with the hope of buying their domain names. This morning on Twitter, someone asked me about approaching a domain owner to buy a domain name without coming across as a scammer:

How do you reach out to a domain owner, looking to purchase his/her domain without coming off as a valuation scammer,” I was asked.

I thought I would share some fairly simple advice to people who want to buy domain names directly from the owners.

I think the most important thing is to make a reasonable offer. Money talks. You can be the nicest, smartest, wealthiest, poorest…etc person in the world, but if you don’t offer the domain owner something of value, it isn’t going to get a deal done. There are many things that can be offered, such as cash, equity, collateral, tax deduction, products, services and perhaps other things I can’t think of off the top of my head.

An offer is the