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I don't know a ton about domains and I am certainty not an appraiser. To me 25K sounds like a good price for it too. But domains aside, use a little common sense. If the person threw out 25K he is either A, some douche with pipe dreams wasting your time and he wont end up buying it because he doesn't have the money or B, someone with a large budget and big plans. If it is B, he will pay more. It might only be 5K more, or it could be 20K but very very few people are going to make a 25K "offer" and be firm on it. There is a great chance you can work some more money out of him.
Also, try to do some back ground on who you dealing with. Did he use a free domain name or a domain of the company he owns. Dig as much as you can if you find out he work or own some large corporation I would hit him back with a much higher price. The worst that can happen is his say no, 25K firm take it or leave it... and then you can take it. If it is legit I bet you can get more money out of him.
It sounds like you didn't have it listed for sale, so don't forget this person came to you. Trust me he wants it and if he has the money or owns some big coffee company he will pay another 5,10,20K for it. If he didn't want it he wouldn't have contacted you.
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ICQ: 86364801 Email: will [at] innovativeassets [dot] com
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