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Selling domains

Is anybody purchasing?

         

lowfaresmaster

9:31 am on Jun 13, 2003 (gmt 0)

10+ Year Member



HI,
Can anybody tell me if there is a market out there for selling domain names. I have 5 travel domains which are unique and used daily in newspapers around the world. They are the tips of consumers tongues every day and have been valued at up to $25000 each prior to the bust.

Question. Does the market still exist and is there anywhere to sell them besides www.greatdomains.com

Digger

Lisa

9:47 am on Jun 13, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



yes, people are still buying. And the market is better now then a few months ago. It is no year 2000, but it is better then 2002.

High priced names are most commonly a direct result of the person going to the site and then contacting the current owner. You will not sell a domain for a lot if you have to force it down on them. People might offer a few hundred with that approach. So your best course of action is to make sure people know your domain is for sale, then wait. Buyers of a name will want the name, so they will find you. No need to advertise really.

So if you have a domain, turn on the DNS and tell people that visit your sites that the domain is for sale. Don't try and make a profit as well (banners and stuff) this will confuse a buyer.

A lot of people now days watch domains and just wait. They know they can wait for the domain and they will not have to pay the high price. If you have a keeper, then register it for several years out. This is the strongest sign you can show a buyer. They are more willing to approach and pay your price if the domain is not set to expire in 6-12 months. This goes to the point of having a live website. Dead DNS makes the thing look abandon. People will wait when they think the domain is dead.

TallTroll

9:52 am on Jun 13, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



The good deals are done privately. Compose a "hit list" of companies who fulfill the following criteria

1) Deep pockets
2) Existing web presence
3) Your domains would be a good business fit for them

Then do the calls. You should (hopefully) end up with a few interested parties, who you can work on.

Online or offline, brand has value

peewhy

9:53 am on Jun 13, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Lisa made many good points, but if I can add one.

Whem you set up the site 'FOR SALE' don't make it liik like a commercial website. Keep it simple and clear that www.thisdomain.com IS FOR SALE.

peewhy

9:56 am on Jun 13, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Sorry TallTroll, I wasn't ignoring your suggestions, you posted yours as I wrote mine.

They're very good too...Peter says has he back peddles!

max_rk

10:08 am on Jun 13, 2003 (gmt 0)

10+ Year Member



I doubt that we ever see market and prices of 2000. Unless inflation will catch up :)

[edited by: NFFC at 7:44 pm (utc) on June 13, 2003]
[edit reason] No sigs, thanks. [/edit]

typein

3:58 pm on Jun 13, 2003 (gmt 0)

10+ Year Member



For my 2 cents there only a few types of names that are saleable.

The natural "Type-in" domain name .. example .. rare 2 letter or 2 numeral or combo names .. 3 letter .coms .. one word .coms .. and proven traffic domains.

Vanity names are a hard sell .. the majority are not worth the reg fee .. Paid appraisals are not worth the printing ink.

Most sales are between name dealers .. there are about 5 forums operating where you can get a free appraisal at the moment these appraisals are from members of the forums some will give you a realistic wholesale appaisal others will treat it with scorn .. use common sense to value your domains .. if you have quality it is still worth $$ and there are buyers for them at a price.

I dont know if these forums can be mentioned here so i wont give the URLs .. one forum in particular is very innovative and is starting to show very good results .. listing is free .. selling is free .. but if the names are mediocre they wont get anywhere.

End user buyers are few and far between unless you have prime quality names.

Good luck.

rcjordan

4:57 pm on Jun 13, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Well, lemmee see, this has been a moderate year for me so far as buying goes but I've picked up a few nice ones just the same. And though I haven't sold any (nor intend to sell any of them), I have a publisher/investor camping on my doorstep waving serious cash for a typein. Yes, overall, I'd say the market has picked up some steam.

>use common sense to value your domains .. if you have quality it is still worth $$ and there are buyers for them at a price.

Exactly. IMO, appraisal services aren't worth the paper their websites are printed on. Most seem to be designed to stroke the ego of the seller with fantastically inflated prices.

Edwin

3:46 am on Jun 14, 2003 (gmt 0)

10+ Year Member



A lot of good advice on this thread. If your prices are reasonable, you make it easy for buyers to find you (LIVE site) and you exploit the various domain forums and so on to highlight your names, you should be able to close sales without too much trouble. I've been selling a domain every 1.5 days on average so far in 2003.

Of course, if you have superb names it's probably worth going to the extra effort of determining the top 10 companies in the niche covered by your domains and making a personal approach to them.

Of course #2, there is nothing you can do to improve your chances of selling worthless domains - this can't be overstated since about 99% of all domains listed as being for-sale aren't even worth the registration fee!

Porkchop

7:40 pm on Jun 19, 2003 (gmt 0)

10+ Year Member



Common Sense to Value the Name.

What if it is a good name for travel search terms like (example *x*y*z*vacations.biz or *x*y*z*vacations.info)

How do you know what to sell them for? If you suggest a price it might be too low and you could have got more. If you go to high you might scare them off.

Can anybody suggest a dollar amount for a name like this?
I was thinking like $200.00 or something. You are gradually seeing more active .biz and .info travel domains now so as time goes by I think things will pick up. I don't think travel sites will have decline.

Thanks

Lisa

12:57 am on Jun 20, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I don't want to start offering pricing advise, that would get annoying fast. But $200 sounds just fine. Anywhere from $100 to $500 for a name like that.

SlowMove

1:07 am on Jun 20, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>>valued at up to $25000 each prior to the bust

[edited by: Lisa at 4:27 am (utc) on June 20, 2003]
[edit reason] Please no asking for the names [/edit]

ken_b

1:48 am on Jun 20, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Lisa;

You started a thread here about a year ago on self-appraising a domain name. Do you think it is still fairly on target?

Porkchop

1:57 am on Jun 20, 2003 (gmt 0)

10+ Year Member



SlowMove is asking what the domain names are?

Am I able to say without being edited?

When was the bust everyone is speaking of? The names I am talking about are with the new .info & .biz extensions.
Good search words.

ken_b

2:00 am on Jun 20, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



>> Am I able to say without being edited? <<

Porkchop;

Probably best not to post the names on the board.

Lisa

4:35 am on Jun 20, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Porkchop,
The bust was 2000 and 2001. The Dot Com values just tanked those two years. This is when all the Dot Coms companies were going out of business.

Ken,
That post is still rather acurate, but I have made some changes to it offline, They are more detailed and rather hard to calculate for most users, so I would say in general that post is good for most people.

SlowMove

10:41 am on Jun 20, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



i was just on ebay. someone was trying to sell rosie.tv with an option to buy now for $10,000,000. they didn't get one bid.

Lisa

12:37 am on Jun 21, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



rosie doesn't have a show anymore, plus that is way too much for a .tv or a .com

peewhy

5:17 pm on Jun 21, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I once registered euroMP.co. uk then they changed to MEP! - try getting any three letter domain.

SlowMove

5:20 pm on Jun 21, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>>try getting any three letter domain.

gr8.org was available recently. I could have had it, but couldn't really think of a use for it.

peewhy

8:27 pm on Jun 21, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I think that might be twoo letters ....and a number!

SlowMove

9:18 pm on Jun 21, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>>I think that might be twoo letters ....and a number!

who would notice if an editor decided to remove the url?

peewhy

9:42 am on Jun 22, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



sorry I'm missing your point ... but it is sunday morning!

Porkchop

5:02 am on Jun 24, 2003 (gmt 0)

10+ Year Member



This thread originally started out discussing travel domains. That fits a big majority of my names. Some of the advice was to target the "big companies".
I was going to do just that. All the pop ups like expedia etc. you have to figure have the big bucks.
Has anybody ever approached a big company offering multiple domains? Any advice?
I "really" need some price help.
The names are excellent. The only draw back is it is with .info and .biz. I know I shouldn't post the names so I won't but for an example it would be www.DaytonVacations.info Instead of Dayton I have tourist cities, popular vacation destinations, some state and country names etc. On many of the names I have the .biz extension also.
Would I be better off researching sites that could specifically use that name and sell them individually or go after a big company and offer a bulk price (which I have no idea what to ask).
We all want to make a profit. I need a new car :-) You guys are the only ones that have done this before and can give the proper advice.
Thanks to all who answer!

keeper

5:22 am on Jun 24, 2003 (gmt 0)

10+ Year Member



I recently enquired for a price on a domain name.
First time I had ever bothered, but I really liked the sound of it.

The price I was quoted was quite startling. $11 000 US dollars.

The site was live, with an enquiry form and was being used to cash in on PPC affiliate traffic ( a common revenue stream apparently)

Is this a normal price for a groovy sounding domain name? Quite frankly, after I stopped laughing, I was shocked that they were serious.

peewhy

5:28 am on Jun 24, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Have you looked at the search engine results in the travel industry to see where .info and .biz fall?

I say that because they don't hold premium rates and I predict that once the good ones are gone, another suffix or two will be introduced to help boost the domain sales market.

So we could be seeing .go, .sun, hol, .fun, etc - where does it stop?.

A domain is only worth what someone will pay - like most things.

If you put it to work, get it high in the serps and it can be viewed as a threat, as opposed to just another domain - thus the need to buy will be greater ... increasing the price.

If you approach your targets with domains for sale, I feel they will dismiss the offer and carry on life without them.

Approach them with a solution to remove an obsticle - then you have a different story.

Dormant domains are worth less - IMHO

Peter

typein

9:21 pm on Jun 26, 2003 (gmt 0)

10+ Year Member



HI,
Can anybody tell me if there is a market out there for selling domain names. I have 5 travel domains which are unique and used daily in newspapers around the world. They are the tips of consumers tongues every day and have been valued at up to $25000 each prior to the bust.
Question. Does the market still exist and is there anywhere to sell them besides www.greatdomains.com

Digger
____________________________________________________________

The only places that you will find real buyers instantly (if the names are any good at all)
Are dnforum.com (pay for membership to buy & sell) and NamePros.com (free membership to buy and sell)
These are traders forums not retail sales at the very least you will get a reality check as to real value of your domain names.
Be prepared in advance if your domain names have little or no value dont go there and ask for appraisals or put your names up for sale if you are in some dream world thinking that your names have some value without being able to prove traffic.
The only domains worth anything are 3 letter .com, one word .com, or overture results which include the .com,
there are of course some exeptions. (foot note) there is a lot of activity in the .co.uk Tld recently some good prices for .co.uk are being fetched.

[edited by: Webwork at 2:12 am (utc) on Jan. 15, 2006]

peewhy

7:52 am on Jun 27, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



At the end of the day it's all about marketplace, and whatever you have, someone else will buy it.

The demand dictates the price.

If someone really wants your domain, really, really wants it, so much it hurts ... the cost would be much more than someone who would buy it because its cheap.

Typein is right - go to where the real buyers are!