First, I apologize for the title should your name be Jack 
Alright, this article is past due and one that rightfully needs to be written.
Everywhere you look these days you find domain names for sale by their registered owner, however for the most part I have some issues with many selling domains. This article is bound to ruffle a few feathers, however facts are facts!
Over Priced Domains:
It appears many people selling their domains have spent too much money over the years on the lottery, as they believe they have the next million dollar domain name. In reality, a good percentage of these domains might be worth the registration fee of around 10 dollars if that.
Take for example some listings at eBay, and notice how many are asking for 10 to 20 million dollars or more!
Now keep in mind that this year alone thus far, the top price paid for a validated domain sale was 5.1 Million dollars for Toys.com, next in line Candy.com for 3 Million dollars. There are more going down the ladder you can find at DN Journal an informative domain site run by Ron Jackson.
Now going back to the eBay listings, how could anyone in their right mind expect 21,000,000.00 for a domain that maybe worth several hundred dollars if that?
Expired Domains:
Next on my list of pet peeves are the domains for sale of expired domain names. Yes, many people are trying to sell domains that they have recently allowed to expire.
The basics permit a registered domain name owner to renew a domain up to 30 days after it has expired. So in reality, they could do this if the domain has only been expired for several weeks.
The problem I have is if it were such a good domain name, why allow it to expire with no intentions of renewing unless they can sucker someone else into buying it!
If I own a domain name that is making money, I will either keep it or sell it at a fare price and it will sell prior to expiring or I will renew it myself prior to expiring!
Domain Name Appraisals:
Now that I have got this off my chest, what should you pay for a domain name? In reality, a domain name is only worth what another is willing to pay for it!
I have paid for several appraisals on a domain just to see what the result would be. CreditRepairInfo.com was appraised at three different services online. Keep in mind, these were human appraisals that I paid money for. They ranged from $5.00 (yes that is five dollars from one appraisal service) to $12,000.00.
Next I tried a several free services online which are machine generated appraisals. These ranged from $0.00 to $6,273.00.
As you can clearly see there is no consistency in domain name appraisals, neither by machine nor humanized!
Domain Name Evaluation:
There are numerous factors involved when figuring on how much to either sell or buy a domain name for. Keyword search term, type in traffic, how much revenue it currently makes, links, brand able, radio test… For true domainers, it is a tedious task which takes some research in order to price a domain correctly. I highly recommend you use a reputable domain site to purchase your domains from, one which does not over price their domains.
As for CreditRepairInfo.com I have set this at $3,800.00 which is a great deal, however is a fare market value!
For more examples of domains priced at fare market value, visit our portfolio of domains for sale.
Good Luck in Your Online Adventures!
Bruce
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