I've done some google searching and checked a few of the sites that estimate values. It occurred to me that some of you may have gone through this same thing before and I'd like some input. I've owned the domain name learntoride.org since 2002. For many years I maintained our web presence for the training site (MSF classes). A few years back the college at which we were conducting our classes decided they didn't want "our kind" on their premises. I have to admit their campus looks much more refined without our big, aging CONEX containers filled with scruffy old Nighthawks and GZ250's. Anyway we kept thinking we'd find new digs but it just hasn't happened. I've continued to renew the domain name in hopes we could get things going again. Someone is contacting me trying to negotiate me selling the domain name to him. GoDaddy and a couple others estimate the name to be worth around $1400 fair market. GoDaddy claims that learntoride.com sold for over $20000. As Ginger Lynn once remarked to John Holmes, I find that a bit hard to swallow. Be that as it may do any of you have any relevant advice that might help me make an intelligent choice about this? For what it's worth I'm not inclined to sell. I like owning the domain even if it's just for sentimental reasons and have considered the merits of turning it into a shrine for the training program that spanned nearly 4 decades (started in 1982). But those round tuits are hard to come by.
It's only worth what someone is willing to pay. Either you think it's a fair deal or not. Sounds like to me...it might not be worth it at $1400 bucks. If it were me, is the offer to buy it cover what it cost you to keep the domain for the past 4 decades? If so and you aren't going to use it anymore....I'd sell it.
Thanks, I don't even think I have to "clear" whatever I've paid for renewals over the last 18 years (got the domain in 2002, the training site was running before that but didn't have a www presence.) It more than paid for itself every year in class registrations. I just don't want to give it away, especially if I were to find out this is just a domain squatter trying to pull a fast one.
Just from my limited experience trying to get the .com I wanted for my business it's worth more than $1400. That's a good addy. I don't think .org hurts it that bad in the context it would be used
I would evaluate a URL for purchasing the following ways 1) Site Traffic 2) Uniqueness of the URL 3) How well does it fit with my business, 4) Search engine rankings 5) Is there something similar I can get for 7.00? 6) Where are the competitors ranked and can I beat them with this URL? 7) Can I kill a competitor with it? 8) Can I generate immediate revenue with it? Will it shorten my time to market? I have purchased URL's for $7.00 and $15,000 dollars or more. For you the seller you should be asking your purchaser if any of this is true. Then you can decide to negotiate..
Lease it to them. Recurring revenue. Annual fee. And be sure you have domain transfer locked out. I had someone try to claim they had just last month failed to renew a domain I've owned for 10+ years, and have been the only owner of record ever. They were claiming I "stole" the domain from them. Had to fight them to keep it with the Registrar. Then, after I called them on their BS & proved they were lying, they turned around and admitted they were mistaken and offered to buy the domain. They didn't like my price. I still own it.
Thanks for the input folks. Guess I'll talk with the guy tomorrow and see what happens. Right now I don't think I'm going to be letting it go.
If you want to see it live on why not update the site to a modern blog with content that newbies could learn from? Could probably monetize it
Keep in mind that the name isn't restricted to motorcycles. It could apply to horses, bicycles, etc., which could increae the competition for the domain.
