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Mainstream Domain Name Valuation Help Needed
I'm considering buying a mainstream 3-word domain name for a business of mine. Seller is asking $3,800 for it. I want to pay $1,200 for it. It's currently parked and actively being marketed for sale. Nothing on it. Not generating revenue. The reseller sent me comps but, IMO, the comps suck. They are claiming sales prices of $2,000 to $4,000 for domains that are just parked and being resold again by a different reseller.
Is there a way to verify the sales prices of domains? Any advice about valuing a domain name? It's worth whatever I'm willing to pay? Thoughts?
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