Something I find quite frustrating in a negotiation is when I learn the buyer is not ready to purchase the domain name. It is incredibly annoying to spend time exchanging emails, texts, or WhatsApps to come to terms on a deal, and learn there is someone else or another group that has to approve the purchase.

One question I need to start asking at the beginning of a domain name discussion is “where are you in the decision making process?” Getting this information can mean the difference between offering a nice price to get a deal closed right away vs. sticking to the asking price regardless of current conditions.

The BBC published an article discussing the rising sale prices of select .AI domain names. In 2023 alone, NameBio has archived nearly $5 million worth of publicly reported .AI domain name sales, which is a substantial increase over the prior years which have hovered in the $1m/year range.

Within the last year, there has been a massive increase in venture funding for AI-related startups and businesses, and many are choosing to use .AI domain names for their ventures. This has buoyed the market, leading to increasing asking prices and sales.