I share my name with many people around the world.
Some of them are online and I compete with them in the search engine listings.
For some time I’ve been watching the domain name timbonner.com.
It was about to expire recently after several years of use as a redirect to another site.
I had hoped I could buy it at a reasonable price.
But shortly after it expired it became clear that it had become valuable real estate instead.
Domain Name Appraisal
It turns out if I want to buy timbonner.com I’ll have to stump up $695.
That’s not big bucks by any means when it comes to buying a domain name.
It’s still not something I’d be willing to pay.
Just like real estate though, someone might pay that price.
Assuming they do then it may be worth the mark up. No-one has taken up the offer to buy it yet though.
Perhaps it might come down in price one day.
What Would You Pay For A Domain Name?
The going rate for a .com domain name at namecheap.com is around $10 per annum.
There are many thousands of unique names you could buy for that price.
But what if the name you want is for sale at a much higher price?
I think the saying goes that something’s only worth what someone else is willing to pay for it.
I’m sure most people wouldn’t be willing to go much higher than $100 but I could be wrong.
How much would you be willing to pay for your ideal domain name?