29 Sep '14, 7am
Loved today's @DomainSherpa Interview with Richard Kershaw @QualityNonsense @Wishcouk #domains
Richard: My formula is really simple. What I love is EstiBot, and I use it quite a lot. I think anybody who is spending this kind of money based on an EstiBot valuation is crazy, but I am more or less looking from the point of view of end buyers and comparable prices for the same TLD. So, I was looking for sale prices for what were .COM domains that describe billion-dollar industries. So, you look at something like, actually the only example I have to mind is Refinance.com. They sold a few years ago for 700 thousand dollars. I was looking at domains that I felt were, to be blunt, comparable, but not as good and seeing them selling for mid-six figure prices. And when I went to my lawyer to discuss the purchase, the first thing he said was you have got a great price on this domain.