To determine the price for which to sell the domain names, the seller should visit several sites in the internet. This helps the seller as he is able to know the market place of different types of domains. Some sites in the internet normally offer to act as a go between and to be paid a small fee in return. Others give appraisal services for domain names. This helps the seller to evaluate the price value of the domain name to be sold.
To avoid extra charges, the seller can sell the domain names on his own. He should however ensure that he changes the WHOIS entry for the Admin Contract. In the details he should include a For Sale option. This will avoid the additional fee that is incurred by looking for selling assistance from other sites.
The seller may add a price option. For a quicker sale, one may add the word Negotiable, which attracts many people because of the possibility of negotiating the price. This also helps the domain name’s potential buyers to know the asking price of the domain name before contacting the seller.
The seller should make sure that the contact information he gives in the details directory is current and applicable. He should make it easy for any potential buyer to get in touch with him in case they want to purchase the domain name. Any changes in the phone number or e-mail address should be indicated and changed appropriately in the WHOIS directory.
Keeping a business-like tone with the potential buyers is encouraged. Even if the potential buyers may make a low initial offer, the seller should reply to their mails. This will help to retain them and as some may agree to the expected terms, the good communication and treatment will bring them to the table for negotiations.
The seller should be open to negotiation. He should consider the price value of the domain name and come up with the minimum value he can take for the domain name. This brings about effective negotiation and both the buyer and the seller agree on a certain price for the domain name.
Another good tip for selling domain names is proper and aggressive marketing. This can be done by including a list of the domain names to be sold in one’s e-mail signature line. One can also create a blog or a website and post links for the domain names to be sold on it. The domain names to be sold can also be posted in search engines, directories or message boards. This way the seller is able to reach out to many potential customers who may contact him after seeing the listing.
On identifying a buyer for a domain name, the seller should give a good after-sale service. He should help him carry out the process of domain transfer. This creates a very good impression in the mind of the buyer and makes them come back for another deal in future, hence the seller is able to retain customers.
