Avoid This Mistake When Selling Your Premium Domain

JulienJ

Member
So, you want to sell your PREMIUM domain and achieve top dollar for your investment?
A domain auction seems like is a great way to go, right?

What better way than having 5 to 10 interested companies all bidding for their chance to control your valuable domain name. The time constraints along with competition might even drive the price beyond your expectations.

A Few Reasons To Avoid Domain Auctions
If you have a valuable domain and are looking to maximize your return a domain auction may not be the best route to take.

Here are four reasons why this is not a suitable venue to sell your domain if it is valuable.

  1. Domain auctions typically only attract the wholesale or domain investor
  2. Visibility: most companies will have no clue that your domain is even available for purchase
  3. Timing: Companies need time to get approvals for valuable domains (over 5 figures USD)
  4. If it does not sell this creates a data point for the market to evaluate your domain (even if NOT a fair data point)

Source
 
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