Negotiation

Haggling over a domain name

One of my clients bought a “Dot Com” domain name for £40 last year. it was to form a set of names for a new venture. Last week he was offered £1800 for the name, which is the valuation you get, if you go on to the valuation website SEDO

The question is what should he do – what would you do?

He told the buyer that he was looking for £3000 but would include the “Dot net” donmain name which he also owned ( a negotiable variable) – and despite the buyer saying that he would talk to his lawyer to get it sorted, nothing has happened. How do you rate his haggling and what do you recommend he does next?

Answers please – more to come shortly

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