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Could this be a Breakthrough? Valuation needed. Could this be a breakthrough? Out of the blue I have just had an offer of $600 for one of my .Tels that I was about to drop! and let go for nothing! and I hadn't even advertised it anywhere! Both exciting and chilling at the same time! but on taking a fresh look at it, I can see why the person wants it as much as they do. So now I am facing the Classic .Tel dilemma Should I take the money and run or is it worth a lot more? I don't want to say what the name is as I have another one very similar so does anybody know a site that can give me a realistic valuation. All advice welcome Should I take the money? Just a quick edit to say this .Tel has amazing directory building potential, which I'm ready to admit I did not really notice first time round. |
I wonder if there is a site that could really valuate .tel opposed to other TLD. When I looked before, the quotes were rediculously low for great keyword names. |
Hi dotteler One moment you're thinking you're mining fools Gold and then something like this just takes you by surprise. At first I thought it was worthless and was going to let it go but then on closer inspection, I can now see what amazing potential it has for a directory. Even at $1 per week per entry this guy is going to make some serious money, the problem is I don't have the time or the inclination to develop it. If only we could rent them out instead. It's quite an unusual sort of name bought in a moment of madness So should I take the money or roll the dice! |
AJV USA posted something that is absolutely undeniable for explaining the greater value of .TEL over all other TLDs including .com The only decision to make is "How many clicks is it worth" ? Traffic will determine the ultimate value, however, even a little traffic goes a long way thanks to the Search Results benefit of .TEL Domain Names in the TelPages.com Official Search Engine. Here it is: Quote:
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Interesting, I find .tel is able to funnel traffic efficently, but at the same time it just lacks that share feature, based on the .tel sub domain the end user is viewing. I don't want to hijack your thread but http://telnic.org/forum/showthread.p...newpost&t=1379 with a share feature you would increase the traffic substantially. Many websites used to fear being added to such narrow band and refined services that produced the correct results due to compression of trafifc. Basicly if it's too great at driving traffic that on some occassions if a website was submitted to such a publicly submitted service it would catch the web administrator off guard and he would not be prepared for the traffic explosion. .tel is like funneling a crowd through the "eye of the needle" and if you believe you see what who ever asked to buy it sees and can pull it off then Good luck, we all are here if you need help, if not then $600 is a nice figure. |
Hi Bunjie What a dilemma, though quite a nice one to have, I don't want to be greedy, second thoughts maybe I do lol but since I was going to dump it, I may as well let it go and use the money to renew some of the others Any ideas ( and this includes everyone ) how this person can pay me? Could he send the money to my registrar? Has anyone else sold one? whats the best way to get paid? |
teltheworld, if like you say you were about to drop the name and you received an offer of $600 for it, then there's only 1 smart thing to do here,, CASH IN (maybe you can counter offer at 20 - 30 % higher, but don't get carried away, many people come back to their rational thinking soon after committing to an offer, and they might find an alternative to your domain name for $12 after all. I think valuation of domains is pointless, as it all depends on your end buyer and how eager they are to get hold of it,,, it is useful if you're talking above $50,000 or so as you're then evaluating revenue streams etc.. but untill then, its any fools' guess,, good luck |
Hi Smart That makes sense, as I was going to dump it I think ill take the money and think myself lucky but there is no other variation on this name, its a one off and its a good one. I will try not to cry if they sell it on for a fortune! |
Getting Paid For Domains Quote:
Hi Teltheworld, Glad to hear of your offer. Having bought and sold many domains (mostly DotComs) there is a fundamental issue between buyer and seller re payment. The buyer, quite reasonably, does not want to send money to a total stranger in the hope they do what they say and transfer the domain. The seller, again quite reasonably, does not want to hand over control of their domain to a total stranger and trust them to send the money afterwards. The only solution that works to the satisfaction of both parties is what's called "Escrow" - the buyer pays a trusted 3rd party, the seller transfers the domain to the trusted 3rd party, who then transfers the domain to the buyer and pays the seller (less the escrow fees). I have often used Sedo http://www.sedo.com/ for selling domains - their selling fee of 10% (minimum charge of 50 USD for .tels) includes the escrow service. Sedo also offer the escrow service on its own - details at http://www.sedo.com/us/services/domain-escrow - commisssion is 3% but again there is a minimum charge of 50 USD for .tels. The other alternative is to use a dedicated escrow service but make sure you use one of the really professional sites - the one I used without any problem when I bought the search engine domain http://www.net-link.com was Escrow.com (https://escrow.com/index.asp). Again congratulations on your offer. Mike Seaton PS. Buyers and Sellers often agree to split the escrow charge 50/50 since it benefits both parties.[/size] |
One option may be to try a form of partnership with them, I have no idea how to implement this, but it may give you an ongoing reward. |
mikeseaton @ cees Many thanks for your advice guys but please hold off the congratulations until I am holding the cash. I was thinking of doing a buy it now on ebay, that way there is protection on both sides. I will let you know how it goes. |
Congrats teltheworld. Its good to get a sale and your right (the deals not done till its in the bank) I've used sedo for sales before. They are probally your best bet. If like me you are in the UK I think escrow and the like are quite long processes if its possible (for receiving money any way) If you get the sale and they develop it its a win win win for you, the buyer and .tel in general. |
Hi Guys This potential buyer has indicated that they may be willing to increase their offer! Maybe I am holding something hotter than I thought? I would love to tell you what it is but that might spook the buyer and cost me the sale. So I hope you understand about that. I'm tempted to put it on Sedo and I'm already having sleepless nights because I was going to drop it! I honestly thought it was worthless! one of those stupid names you buy on the spur of the moment, hit the button and then start thinking why did I do that. If I actually sell it then all will be revealed. P.S. Thank you all for your good wishes. |
Dont understand why cant you reveal the name? Cant give you any real advice if you dont. I dont think it would spook the buyer. If the buyer want it or has use for it, it wont change the fact. Perhaps you could PM me the name. |
Hi Spline Its just not worth the risk of spooking the buyer, however small that potential risk may be. |
Quote:
I think the eBay idea is excellent. That's got to work and is real easy to do![/size] |
Hi Holmfirth Tiger Many thanks for your support which has given me food for thought, perhaps we could get our heads round some sort of system of getting paid for .Tel Sales. Maybe if we ask nicely Telnic might consider doing Escrow for those that require it, as they may even get some extra sales off the back of that, so anyone else in favor of that idea? |
teltheworld, Can you give us an update on the sale, did it sell or not? |
Congrats on the offer, i have sold a plenty of .tel in past and most of them went through Paypal for payment. so far all is good. |
