The most common problem in the domain sales is if people evaluate their next best option. Unless you have something that's truly a one with one, okay, and it's not a nice to have, but a must have, then you're only as valuable as your next best option or marginally, marginally more valuable in the next best options. And they look at it in a very simplistic way of this cost x, this cost y, this is more than this, I'm going to go with a cheap option. They don't understand that it's not that simple, right? Sure. That 100%.
As we say on DomainSherpa - all roads lead to domains. And this is a series related to domains called "Off The Market Forever", starring Chris Zuiker and James Iles! OTMF focuses on the domain space from the lens of end-user acquisitions and upgrades, from the perspective of one of the most successful domain brokers in the world and one of top writers in the space - who have unique insight and knowledge of the industry and domains as related to end-users.
In this episode, Drew joins for the first time on Off The Market Forever and the Sherpas start off by talking about the Link.com domain sale. They then get into current trends and predictions for 2023, which leads the group into an interesting discussion around domain valuation methodology.
So be sure to tune in to this episode of Off The Market Forever!