Domain value

[Nuno]

A friend has a site with a small Wordpress install which is used/updated once a year for a particular food festival. It's about 4 years old, 4 pages, not even on page seo'd really.
He has had an email from someone who wants to buy the domain as he is buying a Bricks & Mortar of that name, and only has a domain with a hyphen.
To clarify: My friend's domain: niceshop.co.uk
Potential buyers domain: nice-shop.co.uk
Bricks and Mortar shop name: Nice Shop

My friends domain is 123th on SERPs for a good keyword, the buyer's domain is 1st.

I think a couple of hundred quid will be all he'll get, maybe £350. Any views?
I know the value is what someone is prepared to pay, but I was thinking the cost of transferring the site to a new domain and a bit of bunce.

 

[monaghan]

All depends on the level of interest, domain names are very subjective, some that you think may be good go for peanuts, others that seem obscure go for a fortune.

What's the domain worth to your friend? £350 for something that's hardly used seems a nice bit of pocket money.

When I sell a domain, I usually get the potential buyer to suggest a figure and then decide whether I'm happy with that figure and negotiate from that point. Some will offer silly money (in the £5-£50 range), others will make a realistic offer (these generally tend to be those who understand potential values)

Bottom line is if the offer is acceptable to your friend and the buyer, all are happy.

 

[wibzo]

I think niceshop is a pretty cool name actually. I would advise seeing if brand bucket would be interested in marketing it for you (it's free) and you could fetch in the region of $1000+ if they feel it's eligable. Has your friend asked how much their willing to offer for the domain?

 

[Nuno]

'niceshop' was a fictional example.
(The actual domain 'niceshop.co.uk' went in 2000, 14 years ago...)

 

[stender]

I've dabbled in domains for years, pm me the name and I can give a personal opinion if you like. free of charge can suggest a few places to get other opinions too.

He may be getting typo traffic of the other guys site.

 

[HostLoveUK]

It really depends how much the domain is worth to your friend if it is valued a lot by him why not test the water with asking for more for it and see where they go from there?

 

[jplevene]

I would go at £2,000 as some really bad ones sell for that

 

[stender]

I would go at £2,000 as some really bad ones sell for that

??? I have a dozen good ones you can have at half that price!

 

[wibzo]

??? I have a dozen good ones you can have at half that price!

may be interested , Could you possibly list some of them?

 

[devine]

How could it be possible to estimate a value of a domain name which I don't know?

 

[amac]

Sedo's appraisals are probably as accurate as you can get and worth the money IMO if you can afford to purchase one.

 

[devine]

Sedo appraised 30 of my domain names > 10 x lower than I sold them (two were sold for even a 100 times higher number), their appraisal service is just awful, at least not for brandable domain names.