It does matter because if the seller is not willing to "give the domain away" for the peanuts being offered then it will not sell. But the question was about valuation. Let's say I have a domain that I think is worth $10,000 and I am not willing to accept any offers under that. Now, 10 years later I have turned down 7 offers of $3000 or less and I still have the domain paying reg fees each year, what is the "real" value of the domain? I could argue that to me it is worth $10,000 but in reality it has not been worth more than $3000. Now if it is a single keyword .com domain under 12 characters and I am willing to hang on to it, then it could be said that the domain is actually worth the $10,000. That is why domain evaluations are so hard to get right, Everybody has an opinion and there is not a scale to pin it down as in other sale items. Real Estate comes as close the the same issue as Domains than any other product I can think of. The difference is we are "trained" to believe that real estate agents can give us the correct price but not many in the domain business has that kind of experience that we are willing to listen to them. So, let's say that 80% of a domain's value is determined by what a buyer is willing to pay and 20% percent by what a seller is willing to take for it.how much a seller is willing to sell a domain at still matters?
9 out of 10 prospective buyers think it is worth less than $2,000 but then the remaining person goes ahead and meets the asking price, what would be the valuation?