Someone posed an interesting question to me, which I thought I would pose to readers. Is it ethical to price a domain name based on who is inquiring about purchasing a domain name rather than based on the factors associated with the particular domain name?
Essentially, the person was questioning whether it was ethical to give one person a price of $250,000 for a particular domain name and a price of $25,000 to someone else when the domain owner is able to ascertain that the first person is a marketing executive at a Fortune 500 company and the second person is a small business owner.
I try to be consistent when pricing my own domain names. The prices I quote tend to be expensive, but that is due to the inherent nature of domain names being one of a kind Internet real estate, and they are difficult to replace.
Regardless of how one feels about this ethical question, one should remember to be consistent with domain pricing when they have names listed for a buy now price on Sedo or Afternic and someone contacts them via email to inquire. It is quite possible the prospect saw the buy now price and wanted to work out a better price in private, and they may think the domain owner is trying to pull a fast one by raising the price from what is publicly listed.
I am curious what others think about this ethical question about domain name pricing.