Did you know that the domain name 'CarInsurance.com' sold for a staggering $49.7 million? Such high sales figures are not uncommon and highlight the profit potential in domain selling.
Whether you are a seasoned investor in digital real estate or new to domain reselling, understanding how to assess a domain's value is crucial, particularly for activities like domain parking and flipping.
Success in this field depends on accurate valuation. Let’s explore effective strategies to maximize your investments in this lucrative market, which is especially vital for those involved in reseller hosting.
Your Domain Name: How to Handle Purchase Requests
If you're approached to sell your domain name, take your time and thoroughly research the buyer before making any decisions.
Assess their seriousness and financial ability for the purchase. Then, you have two options:
Set a price for your domain
Ask the buyer to make an offer
The approach you take is up to you. That said, the specific situation and details of the deal can also help you narrow your choice.
If the buyer reaches out first and the domain isn't listed for sale, asking for their offer is reasonable. However, if you've advertised the domain, it's better to quote a price yourself.









