OnlineDomain.com Domain Name News & Opinions
Joe Styler describes on a GoDaddy video “How to list domain names for sale”.
Joe Styler serves as product manager for the aftermarket at GoDaddy. Joe is an asset to GoDaddy and the domain name community.
You can also see Joe Styler describe on a GoDaddy video “How to buy a domain that someone else owns“.
YouTube video description:
At some point in this day and age, it’s likely you’ll find yourself with a domain you own, but no longer need.
Instead of letting that domain expire, why not try to sell it? You could be sitting on your own private gold mine. Early retirement might not be possible with only a few domain names for sale, but you could still get some spending cash.
After all, if you were to end your business, you wouldn’t just throw away your extra products or materials — you’d capitalize on your investments and sell them.
In fact, there are people, and even businesses, who invest in buying domains on a regular basis. Whether you’re an investor with thousands of domains or just have one you no longer want to keep, you have options.
There are powerful tools available to help you get top dollar for your domain assets.
Is your domain be worth millions? Maybe not, but you never know! The best way to find out is to use some of these useful online tools to track domain names for sale. That way, you’ll have an idea of what your name might be worth.
Keeping tabs on domain names for sale
Before you list your hidden gem on the market, do some research and find a good target price range. Here are a few places to start:
NameBio is the best single location for checking public domain name sales prices. You can even tailor your search to highlight similar terms found in your own domain name. You’ll be able to see firsthand how domains have sold historically, and these comps can give you a good estimate for your domain’s worth.
Estibot attempts to give you an automated, free appraisal of your domain. Just be sure to use this in conjunction with outside research. It’s nice to have a quick answer, but watching historical trends and sales is always useful.
Last but not least, GoDaddy Domain Name Value & Appraisal. With more than 20 years of domain aftermarket experience powering this tool, you can quickly and easily get a free estimate of what your domain might be worth on the domain aftermarket.
Using these tools, you can get a better understanding of your domain’s worth. At the end of the day, all domains are unique. List your domain at a price that you would be happy selling at.
Posting domain names for sale
After you’ve checked the tools and are ready to price your domains, it’s time to actually list them. At GoDaddy, you have the option to list your domain names for sale via Premium Listings and GoDaddy Auctions.
Premium listing: Premium domains are listed with a Buy Now price, and once they’re sold they instantly leave your account and move automatically to the buyer. They show up for sale on GoDaddy when customers come to search for an available domain name to buy.
GoDaddy Auctions: When selling a domain name through GoDaddy Auctions, you can list your domain name a couple of ways. You can sell your domain to the highest bidder once it closes — so long as the final offer meets or exceeds your price (this is similar to eBay auctions). Or you can entertain bids and negotiate pricing to suit your needs. The domain name will sell only if you agree to an offer price from the interested party.
If you really want to supercharge your ability to sell a domain, Afternic is the option you could choose. Even though this platform is typically utilized by professionals, it’s open to anyone — and the cost is the same as simply listing your domain names for sale with GoDaddy. It’s a no-brainer for someone serious about selling their domains.
Listing at GoDaddy is good, but listing at Afternic is better. Along with the increased exposure, you get access to Afternic’s sales team — experts ready and willing to field questions from buyers about your domain name. They even help to seal the deal!
Have any domain names that are hiding in your account? Do some research and see what they could be worth. Then, head on over to GoDaddy or Afternic and start listing. Why wait? Start selling your domains today and put a little extra money in your pocket.
The Journey is what everyday entrepreneurs, like you, need to follow in the pursuit of online success. Our experienced GoDaddy Guides are here to take you through all the steps, both big and small, that you encounter every day.
That has to be one of the most lame videos I have ever seen, talk about stating the bleeding obvious!
I hate GoDadddy anyway, the whole culture of the company and sadly it did not change when the founder took a back seat, albeit still biggest shareholder last I heard.
I do not rate the so called valuation tools either.
If you want to sell a domain you have to think about who might pay over the market price for it, track them down, get an expression of interest and then get them bidding against each other.
Some want them for vanity purposes, I refused an offer of about $2000 for a domain which was an old brand that another company could make back on one sale to one customer. I kept it for a few more years and then goto an offer for $10k, the original company came back to me a few months later and offered me $3000, I told them it was gone forever and the company who bought it had integrated into their brand.
With some domains I own I got them for a specific marketing purpose and they can earn around $3k a month, I reckon I can sell these for between $10k and $15k each.
I have one domain I reckon I can find a company to pay at least $100k for; it can be used as a brand or to give authority to them in their market which is huge.
My advice would be to export your domain list with all values (age etc) then write notes about what it could be used for, who might want it and how much they might earn from it.
Then create demand by making a list of companies that might want it and then starting at the CEO ask who you might speak to about their interest in buying a brand for their business.
I must admit I have been lazy about my domains but I plan to get rid of most of them this year, but not urgently, I plan to sell two or three of those $10k ones and use them to prepay the registration for the rest to 10 years before this market is ruined by things like the .Org fiasco.