We've set $199 as the minimum because very few domains sell in the $200 range. It costs very little for a domain owner to hold onto a domain, so in many cases, they would rather hold onto it instead of selling it for less.
The value of a domain can be hard to determine and some owners may value their domains much more highly than you do. Domain names sell anywhere from a few hundred dollars to several million dollars. We recommend visiting Namebio.com to see what similar domains are selling for.
The $199 minimum offer is subject to change in the future.