Plausible opening bid for domain name?
December 10, 2012 6:38 AM Subscribe
Help me make an offer on a domain name. What is a good starting offer?
posted by Philosopher Dirtbike to Computers & Internet (11 answers total) 1 user marked this as a favorite
I would like to buy my own name as .com. It is currently owned by someone with the same last name as me, who has been holding it since 2005, but hasn't put anything on it. He's been holding it for his brother, who has the same name as me and was maybe thinking of using it semi-commercially (but has never committed). I've been in contact with the owner, and since he is unsure about whether his brother will ever use it, he's asked me to make an offer for it.
Here are some relevant facts:
a. I'm just a private citizen who wants to use it for non-commercial purposes.
b. I would be completely open to allowing his brother to use the site as well, perhaps as a subdomain (or some other similar arrangement).
c. I am currently using a service to watch the domain and snap it up if it expires (but I'm not optimistic about this, since he's kept it up since 2005).
So, here are my questions:
1. How much would he have likely paid to keep the domain parked since 2005? I recall domain names costing more in the past than they do now, but I don't know when things changed.
2. What's the best way to suggest possibly sharing the domain? Is that even reasonable to suggest?
3. What would be a "typical" price for such a domain, between two private citizens?
4. Do you have any tips for negotiating, or any other aspect of the potential transaction?
(Please don't say "What is it worth to you?" - though that will certainly play into my decision, I'm looking more for information that will help me formulate an opening bid along with the information about how much I want it.)