Buying a domain name

Hi there

I;m interested to buy a domain name which is owned by another person. The thing is that person doesn’t use it. It is parked at sedoparking.com

I’ve write an email to the owner and it is interested to sell but he asked me to give him a price.

  1. The truth is that I can’t offer him too much money but how can I negociate with him in order to get the best price?
  2. Is there a way to know how much income that domain name is providing to him as long it is hosted on sedoparking?
  3. 20$ is a too small price?

TY

If your first bid is $20, there’s a good chance he might be insulted and you won’t hear back from him.

At least I would be, but then again I don’t know the domain you’re after.

It depends how popular the domain name is and the number of links it has. Also the type of extension matters. Just tell the owner how much you are willing to part.

$200 at least I suppose, but if he is using that domain name I suppose you will not be able to get that at all or that domain name will cost a lot.

Maybe read some books or articles about marketing and trade negotiations.

Personally I would ask him about the price first and then if he said something to high I would tell him half of the price I’m willing to give for it and then maybe increased it a bit (but not to the top)… and give him some time to think about it if he really wants to sell the name and the offer is good enough he will be back.

Yes, see how much uniques it gets then you can divide the number of uniques by anywhere from 5 to 20 and then multiply by the price of an unique click (you can get some idea about the keyword price if you have an adwords account)

$20 is reg fee and I don’t think someone would sell anything for that price …but if the domain has no traffic at all and it’s close to the renewing time the seller may actually want to sell it for anything if there is no more buyers… but then again $20 is basically nothing I would rather let it experience and wouldn’t bother with selling it for $20.

dole.doug, unfortunately this is what people do… buy up lots of domain names and then put them up for auction to try and cash in profits from the higher price selling. You can’t do anything about it and unless your willing to pay him what he wants for it, you’ll have to get another domain instead. :slight_smile:

Contact him and ask if he is willing to sell that domain name at all. I think he will tell you the price he wants

Start low, see how he reacts, and take it from there

I wouldn’t know how, but seeing as the person doesn’t use the domain I’d personally assume $0. That doesn’t mean the domain has no value to him! He might have an idea for it he just didn’t have time implement yet, but already registered the domain to be sure he has it when the time comes to implement the idea. Also, he might be using it for e-mail.

That is quite low, yes, but you could try and see how he reacts. I think you won’t be able to get it for $20, but who knows.
If you don’t try you’ll never know :slight_smile:

i don’t think it is keeping the domain name for a project because it owns it since 2004 and renews it each year.