Selling a Domain Name... need help plz.

[UsurperDave]

Ok, I bought a URL about 6 months ago.

I just recieved an email where someone wishes to purchase the name. It is a poker related name, and I am using the name, but not actively. I also know that the person/company that wishes to purchase the name will actually be using the name in advertising.

I've done some research on sells of names and they tend to vary from $100 to $5000 (and up... but I am trying to be realistic).

I also know that said company does fairly well in $$.

Question is, what is a reasonable way to figure value. Also, is it too much to just ask for a sort of royalty for the use of the name?

What would any of you do differently with the sale?

Any help is appreciated.

Thanks

Whoever names a figure first loses.

[PPP]

Almost all domain names have next to no value. If a person is buying a name, but not your current content, they want it for some personal-ish reason. There is no way to value that in general.

[richardb]

Do not waste your money trying to get an appraisal. They are all worthless. It is impossible to determine the market value of a domain like that. I would recommend that you have them give you the first offer and then you can counter offer. Like Randy said, whoever offers first loses.