06 Apr '13, 12am

How NameBio Can Help You Negotiate Domain Deals

How NameBio Can Help You Negotiate Domain Deals

I have been a big fan of NameBio for years. If you don’t know what NameBio is, it’s a completely free tool for searching past domain sales. They have done a great job of putting every sale they can find into the database along with the details on how much it sold for along with when and where it sold. Having this data at your fingertips is a very powerful tool when you’re negotiating a domain deal, particularly with an end-user who might not know anything about the space. Think about buying a house. Most people want to know what other houses in the neighborhood sold for. If you’re paying $1.2M for a 3 bedroom 2 bath house in a neighborhood where similar houses sell for $800K you want to see some upgrades that would justify the price. At the same time, if you find that similar houses are selling for $1.2M then you know you’re getting a fair deal, if they sell for $2M you mi...

Full article: http://morganlinton.com/how-namebio-can-help-you-negotiat...

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