Domain Value Question
 

I was contacted about jerro.com from someone with the last name jerro.
What should my asking price be?

Undeveloped site, domain is just sitting there.

Id offer it to him for $500 via Escrow.com. There is a Taiwanese company named Jerro who might pay more.

Depends...

Sedo payed $80k for sedo.com, which was also someones last name and undeveloped.

Way to go out on a limb.

Well, it can be a cat and mouse game. Why start at $500 when they may be willing to pay $5000... or $50k?

Do your due deligence, find a pricing point that won't scare them away, but also keep them interested.

Agreed

You may want to ask them to make an offer as that will give you a gauge and you don't need to set a ceiling with your first offer.

While on topic...

what's your range for lofts.com?

The domain is worth exactly what someone will pay for it, and not a penny more - until someone else pays more for it.