How Do You Re-Sell a Domain Name?

dclayman wonders: " I've never sold a domain before. I just received a $400 offer for a domain I own (radicaltrust), but I don't know if I should sell it or auction it off. If I auction it, what site should I use? I could really use the extra cash, and I was hoping to get some ideas and advice from other readers. So, what's the best way to go about selling a domain?" Of course, selling your domain is only half of the issue. What's the best way to go about smoothly transferring the domain, once it is sold?

Afternic.com

[mr micawber]

It worked for me... I got over $1k for a domain I wasn't using. They were expedient and fair, offering a reliable escrow service and good marketing.

Re:Take the money and run.

[Anonymous Coward]

I agree- $400 is made money. Though I think this topic is fine for /., it's "How Do You Re-Sell a Domain Name?" not "how do you squat a domain name for maximum $$$!" - this guy might have bought it to do something decent with it, but never did. Its wrong for him to sell it to the highest bidder now?

Domain value

[gomextango]

You need to get your domain appraised before you do anything (just like with jewelry), afternic is a good source. Shameless plug: I sell domains and hosting services and offer a appraisal service . I can even do the transfer, what ever else you need. For a hell of a lot cheaper then network solutions But first things first get the domain appraised, there are typically 2 options 1 computer appraised and cheaper (if your curious, and testing the water); or 2 human appraised with a certificate of appraisal (if you have a real offer this it the better option) and its not that much more $8.95 vs $19.95 Best of luck Bill

Re:Domain value

[pla]

Shameless plug: I sell domains and hosting services and offer a appraisal service

Not looking for insider secrets or anything, but in general, on what basis do you appraise a domain?

Obviously a popular word (like the infamous "sex.com" domain) might fetch a good penny, but for most of them, the value would seem to depend entirely on having a buyer before-the-fact. Unlike jewelry, domains don't count as fungible.

One more cool thing about TDNAM

[Optic7]

That I forgot to mention in my other post. If you click on "recent sales" on the left menu on tdnam.com, you will see a log of the top-priced sales in the last month (I believe). You will see that someone recently sold enjoydiary.com for $1805. Crazy - I've seen even crazier sales listed there, and I have a pretty good feeling that those are not bogus, because one of my domain sales was listed there (although way at the bottom at $200) after the sale completed. I've also seen current sales with offers of over $5000.

Re:I've had experience with a few services...

[larry bagina]

seems like pure garbage to me. Unless the owners of sex.com, business.com, or slashdot.org are willing to sell for $16,000.