Domains: Value evaluation!

[darkwhite]

I really want this (something like ABC.co.za) domain but its on sale in Sedo and I dont want to pay too much!
how much should I offer for it?

[House]

It all depends how badly you want the domain.

A large number of domain traders (or even squatters) buy domain names with the aim of selling them to 'END BUYERS'. In this market domain traders or squatters know that they will make good profits from selling to domain names to end buyers, who need these domains badly.

In valuating a domain name you need to look at a number of factors, which include the length of the domain, brandability of the domain, current type-in traffic or normal traffic to the domain, is the domain generating traffic, etc. All these factors increase the value of the domain.

With your example, ABC.co.za will be quite expensive, as it is a 3-letter domain, ABC (referring to the alphabet) is definately a premium domain which will have some traffic from people just typing it into the browser to see what is on the site. I would say you would pay no less than 10K for abc.co.za.

If I may make a recommendation, do a WHOIS lookup and send them an e-mail making a reasonable offer and see what they say. If they had the domain for a very long time and received no offers, they will probably be happy to get rid of it.

[darkwhite]

thank you for you response.
the domain is not ABC.co.za, as I said its something like that! It is actually more like: nwd.co.za! three letters with no meaning and order! its just something that i can use as an abbreviation! and it has no traffic or search engine history! I'm pretty sure its not in 10K or even 1K range!

[Inflicted]

I purchased set.co.za for $1,000 USD - just to give you an idea of the price range you should be aiming for...

[darkwhite]

for how much are you selling?

[Inflicted]

darkwhite: Do you want set.co.za? Send me a private message to discuss pricing.

It's a very valuable name to own... I've had Sony Entertainment Television interested in buying it from me, aswell as SET nightclub.

[darkwhite]

Oooh my bad! it supposed to be a joke!

[Inflicted]

LOL, no problem!

By the way, what is the 3-letter domain that you are trying to acquire... I can help you.

[darkwhite]

thanks but I'm not thinking anymore about it! I offered what i thought is a reasonable price! their counter offer was $3000! It's WAY out of my budget.