Today I received a $50 domain inquiry for a top 3 word .com.

I’ll take a few moments to share a few thoughts for domain buyers and sellers.

I’ve received a few offers on this same domain over the last year, so I knew that I was not going to rollover and blindly accept this offer without doing a little research.

Just based on the previous domain inquiries and offers, the lowest price I was willing to accept was $25K.

As I do with every domain and right from the start, I also checked to see if the other domain extensions where registered, available, or developed.

And to my surprise and advantage as a seller, all other domain extensions were registered and a few had fully developed websites belonging to thriving businesses.

So I did what anyone should do, which is performing a few business searches to be sure that those businesses were legit.