Mike Berkens wrote a post about Sedo’s Quarterly Market Study, and there is an important takeaway that should be noted, especially by people who are new to investing in domain names or are exploring the space. 94% of all sales transacted on Sedo are for domain names that are sold for $5,000 or less. 48% of all public sales are for less than $500.*

If you look at the sales reports issued by Afternic, Sedo, and other venues, we are able to get a look at some of the higher end public sales. Platforms like Afternic and Sedo help domain owners move somewhere in the vicinity of $1 million in domain names each per week. While those big numbers are great, the majority of sales aren’t large transactions.

Week after week, I see

Just about every domain forum has a section for people to post threads seeking domain broker representation. In addition to this, people email brokers privately to discuss brokerage deals. Even though I am not a domain broker and have never been a domain broker, I receive emails daily from people asking me to broker their domain names.

Based on what I’ve seen on forums and what I’ve read in private emails, I want to give a tip to people looking to find a domain broker.

Just because you are

I recently won a domain name at NameJet that I am hoping to sell. I was going through a list of potential sales leads, when I came across a person whose contact information looked familiar. I did a quick search, and I found an email exchange from a while back when I tried to buy a domain name from that person and his company.

I am going to reconnect with him this week to see if he wants to purchase the domain name I am looking to sell. I believe I will have a bit of an advantage when discussing my domain name with him because I made a very reasonable offer for his domain name that he rejected. If he is interested in purchasing my domain name, it will be a bit more difficult for him to negotiate a better price considering his rejection of my offer.

When you are negotiating with