1849 8:14 Q&A

Q&A: Should I sell this valuable domain name?

If you’re like me, you have way too many domains you’ve registered but never put to use. Unlike me, however, this listener has a highly valuable one on their hands. Should they cash out to the highest bidder or hold out for a better offer?

8:14

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Notes from Chris

Episode 1849
If you’re like me, you have way too many domains you’ve registered but never put to use.

Unlike me, however, this listener has a highly valuable one on their hands. Should they cash out to the highest bidder or hold out for a better offer?
"I have a domain name that's only five letters long. I don't want to say what it is, but it's pretty good—not amazing, but pretty good. I've never turned it into a website, but I also haven't let it go. Every year I happily pay that $12 renewal fee! Now I'm thinking it's time to cash in. Through a broker, I'm pretty sure I can earn at least $5,000 for the domain, and maybe more. But am I selling myself short? What if Facebook decides to rename themselves again and they use my domain for just $5,000?? Okay, that probably won't happen, but the question remains. Should I hold or fold??"
Listen to today's episode to learn more...

 

 

SEE ALSO: Inspiration is good; inspiration combined with action is better. Now get back to work!

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