Its great to see my friend and neighbor Sahar blogging again on Conceptualist.com, and today he raised a huge issue of importance to every domainer, misrepresentation of buyers.
We generally receive 10-15 offers a day, everyday so several thousand a year, and here is the 1st general rule of thumb.
Buyer’s lie.
Yes people on the Internet often lie.
Yes the emails you get from that beautiful model from Russian that wants to marry you and have sex with you 5 times a day, is probably from a hairy guy in Detroit.
The law firm wanting to sending you a $5 million dollar inheritance; its not coming.
and the offer from the college student that has no money but wants your domain for $1,500, is probably lying.
Here’s an email I just got this past week:
“Hi there,
How much is the domain TheProfessors.com? My daughter and her friends dressed up as professors for Halloween, and I wanted to put their photos up online.””
Yeah right
Sure
So I wrote back:
“Sorry this is a serious asset and is not going to be priced for the purpose you’re suggesting”
“You can go with another extension like a .me or .tvย or other extension for such a use”
His response:
“You shouldn’t make an assumption that I don’t have the money for it. How much do you perceive your domain to be worth?
My response:
“I’m not making anย assumption you don’t have the money for it, I’m making the assumption that a domain you’re buying for the expressed purpose of:
“My daughter and her friends dressed up as professors for Halloween, and I wanted to put their photos up online.”
“Is not going to be viable to pay fair market value of this type of domain”
His final response:
“So once again, you have refused to answer the question. Congrats on losing potential business”
Ok so what does this show you?
Buyer’s lie.
Usually I wouldn’t even engage with this type of buyer but I was in a playful mood that day.
Typically I disregard anything in the email, any story, any plan for the domain, any information about the buyer that he is providing.
Instead I just quote a price.
At the end of the day the domain is worth what’s its worth, the price is not dependent on the buyer’s pocketbook.
The statements or representation made buyer that buyer it maybe true or not but your price should certainly not be lowered based on them.
However the domain maybe worth MORE to certain buyers not because they have more money but because they have more need for the domain.
So if the buyer properly identifies themselves and from that information you can determine the buyer has a particular need for that domain, then its fair to say the domain is worth more to them.
That’s good information to have.
Jeff says
Why don’t you just use a fixed price for all of your domains? That way the price is the price, regardless of the story why the domain is wanted, and you don’t waste time with emails like with TheProfessors.com.
Pat says
I wonder if it would be legally enforceable to have the sale contingent that the name would be used for the purpose stated by the buyer, and not resold for some pre-determined length of time, say a year.
Gazzip says
“Yes the emails you get from that beautiful model from Russian that wants to marry you and have sex with you 5 times a day, is probably from a hairy guy in Detroit.”
EEEEK, are you saying I’v been ripped off …I thought she really loved me ๐
MHB says
Jeff
Good question.
We feel the domain market is too fluid to have set pricing on 75,000 domains.
There are hundreds of reported sales a week
Sales in the market changes the value of other domains.
So we have a $2,500 minimum offer and price each domain in real time based on the most current information
MHB says
Pat
I think such an agreement would be enforceable although there is a lot of cost and time involved with enforcing it and it may turn off a lot of legitimate buyers.
Again at the end of the day the domain is worth what its worth, personally if I sell a domain for what I consider to be a fair price then god bless the buyer, I hope he makes a fortune with the domain.
Isn’t it better if its a win-win situation, than you win the other guy loses?
todaro says
man… i wish i hadn’t read your column today. now i’m starting to get antsy waiting for my check from the nigerian finance minister.
James says
@MHB – “Isnโt it better if its a win-win situation, than you win the other guy loses?”
Absolutely.
Landon White says
@ todaro
You can have my check …
I just won the nigerian lottery for five MILLION…
and it would not be fair to WIN twice in one week. ๐
———–
i am sure it is a good check … ๐
rkb says
Mike,
Now you are hurting my feeling ๐
How about a hairy guy in Florida ๐
lol
Slate says
So are you saying that I should not give out my bank account information to my RICH long lost uncle in Nigeria so that he can deposit 5 million dollars for being such a good relative?
Hmmmm…..
And he sounded so trust worthy.
Cheers
John Berryhill says
“How about a hairy guy in Florida”
Depends. He’s still going to have to put out 5 times a day.
Leonard Britt says
How much would you have quoted for TheProfessors.com? Seriously, if you saw that name on a domain forum, how much would you have paid for it? Well, with .COM domains you just never know as it so hard to find anything which makes sense in .COM.
Jason says
If someone contacted me to make an offer, I’m not going to refuse a sale because the domain is not going to be used for its intended purpose. There are many domains that target different niches. The buyer should be able to choose what they want to do with the domain.
Should the buyer be entitled a price based on its value. It seems that you’re judging her story, assuming she is requesting a cheaper price due to using the domain for amateur purposes.
The owner of blue.com didn’t anticipate the use of the domains when she first purchased the domain. She sold the domain to a buyer that offered her several times her initial purchase price.
In addition to selling domains, you’re also profiling the buyer to ensure the domain is used for its intended purpose. Since you own thousands of domains, you can choose the accept or reject offers. Some people have money to toss around. Are they supposed to use the domain for education purposes?
Doug Haan says
A real buyer should & would just put it out there and ask if you’d you take “X” for the domain?
Jason says
So the owner can send back a reply with 10 times the amount. Sellers ask too much, as well as buyers that contemplate offers even when the domain is priced fairly.
I made an offer for a cover letter domain. The owner replied back with 20 times the amount. The domain has no backlinks, no GPR, no sites linking in, and is worth around the price I offered.
I ceased negotiation. I own many quality resume and cover letter domains. I didn’t lose anything in the process. Price matters. How do people ask 600 times more than the value of a domain?
while some sellers that are fair, there are many others who are unfair.
Hal Meyer says
Good analysis. In real estate, appraisers affix value based on “highest and best use.” I am suggesting that domain assets be treated the same way.
Aggro says
Bwahahaha…Cry me a river…
This kind of thing (misrepresentation in emails) has been going on since the inception of the internet (ie email).
To complain about it makes you sound like some naive fool..
And this coming from the same Sahir who (with his partner) concocted some fantasy cockamammy story in a typo-domain WIPO/UDRP defense vs Yahoo…!?
Funny!
It might be unethical to some of you bleeding hearts who have suddenly been thrown in the deep end in the sales process..
Is it a crime? no
The 1st rule of sales – and Rick S will vouch for this – is: they all lie.
Get over it.
Jason says
No disrepect to your domain portfolio. But, $2500 minimum for TheProfessors.com is steep for a 4 year domain, unless a film comes out with that name, or the domain is used to rate college professors.
Education domains are good investments. I generate nice clicks on a few of my education domains. I’m sure your annual registration fee on 75,000 domains costs you a fortune.
The domain can operate in the same manner as yours – to target a niche: college or education. I’m sure having a discussion on the domain will generate interest for the domain.
LS Morgan (not Morgan Linton) says
I regularly lie when contacting people about domains.
Sometimes, it’s with my own identity and a BS story to gauge where the domain owner is coming from. Other times, it’s an elaborate rouse using a totally fictional character who’s nothing more than a figment of my imagination- complete with LinkedIn and Facebook accounts (that match up to the email I sent from), comments posted on BBS’s under that identity, etc…
I’d say of the inquiries I make on domain names, 1/2 involve a lie of some kind, 1/4 involve a complete alternate identity and 1/4 are straight-forward (the latter being when I’m dealing with domain speculators and I know the gentle approach is pointless).
LS Morgan (not Morgan Linton) says
No disrepect to your domain portfolio. But, $2500 minimum for TheProfessors.com is steep for a 4 year domain
————————-
LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL.
My favorite part was “… for a 4 year (old) domain.”
Jason says
Glad you’re amused. I’m sure a buyer will come along and pay $10K for your company’s domain. One criteria I look for when purchasing a domain is the monthly searches.
TheProfessors.com is more of a brandable name, and not one that is searched for on a monthly basis. Sure, the domain generates millions of average keyword results, but I don’t see the domains breaking sales records.
What do you think is a fair price for the domain? I wouldn’t pay half of your minimum offer for the domain. I’m sure there are prospects out there, but the 200+ local monthly searches is least appealing. Good luck on selling the domain.
results
Jason says
Last post was directed toward LS Morgan.
TheBigLieSociety says
What IF the Internet domain system is a Back Office for a NEW popular XBOX Video Game – Called World of Warcraft – .WOW ?
What IF you have to have an XBOX, the game and game credentials to create domains in .WOW ?
What IF non-gamers are CONFUSED about the purpose and use of the domains in .WOW ?
What IF virtual characters in the video game have names like Frankie who lives in the Cayman Islands and Mikey who lives in Florida ?
What IF ICANN decides the Internet is NOT for games.
fizz says
>>>I regularly lie when contacting people about domains.
Sometimes, itโs with my own identity and a BS story to gauge where the domain owner is coming from. Other times, itโs an elaborate rouse using a totally fictional character whoโs nothing more than a figment of my imagination- complete with LinkedIn and Facebook accounts (that match up to the email I sent from), comments posted on BBSโs under that identity, etcโฆ<<<
Geeze LS Morgan (not Morgan Linton), I think I got one of your e-mails today!!
Jason says
My mistake. The domain is almost 5 years old. If the domain produced 1262 monthly searches, I think asking $2500+ would be worth the amount. However, 262 searches is not enough to entice me.
Cool Nutty Professor tag. At least the college keywords are utilized as site tags. I see potential as an education domain, but I prefer specific education domains. I stocked up education domains several months ago.
My domain portfolio is a grain of sand compared to 75,000, but I only paid above the cost of registration once. I won a domain at a Go Daddy auction that had 2100 backlinks, 17 sites linking in, and GPR #1.
The only other domain I made an offer on was a cover letter domain. 99.9999% of the time I had register domains. And 10%-20%+ of my domain collection have 1,000+ monthly searches.
I believe that my only .me domain can complete with the ones that sold at Sedo – one universal word, targets billions, has 48 million average keyword results, and is searched for 138,000 times a month. Within the next 3-4 years, I see this domain producing a big sale.
In my opinion, the best use for TheProfessors.com is to rate professors. One can monetize the site with education content. I’m sure a buyer can make back their investment. I prefer to invest in high search keywords. Every buyer has a specific need.
TheBigLieSociety says
What IF the characters in the .WOW Video Game are Fictitious ?
://www.wimp.com/charactercreation/
What IF the domains you see are just the Back Office, Not the GAMER View ?
What IF a REGISTRY makes up buyers and large sales amounts to Sucker People In ?
What IF the sales amounts are DOMAINER DOLLARS ? not real dollars. $$$
How do Domainer Dollars get into the system ? Who is the BANKER ?
Einstein says
“and is worth around the price I offered.”
Sure it is, and you are so unbiased.
I would have done the same as MHB, the stupid cover story is usually an indicator that he will offer $100 and after 4-5 months and gazillions of emails he might raise it to $250 after he “asks his wife”. In short, not worth dealing with him. If he really wants the domain he will come back with “$XXXX for Domains.com ?” in the subject line.
LS Morgan (not Morgan Linton) says
My mistake. The domain is almost 5 years old. If the domain produced 1262 monthly searches, I think asking $2500+ would be worth the amount. However, 262 searches is not enough to entice me.
Cool Nutty Professor tag. At least the college keywords are utilized as site tags. I see potential as an education domain, but I prefer specific education domains. I stocked up education domains several months ago.
My domain portfolio is a grain of sand compared to 75,000, but I only paid above the cost of registration once. I won a domain at a Go Daddy auction that had 2100 backlinks, 17 sites linking in, and GPR #1.
The only other domain I made an offer on was a cover letter domain. 99.9999% of the time I had register domains. And 10%-20%+ of my domain collection have 1,000+ monthly searches.
I believe that my only .me domain can complete with the ones that sold at Sedo โ one universal word, targets billions, has 48 million average keyword results, and is searched for 138,000 times a month. Within the next 3-4 years, I see this domain producing a big sale.
In my opinion, the best use for TheProfessors.com is to rate professors. One can monetize the site with education content. Iโm sure a buyer can make back their investment. I prefer to invest in high search keywords. Every buyer has a specific need.
——————————
If you ever decide to go on a campaign of self-betterment and compile a list of all the things you suck at, be sure to add domaining.
Seriously. You don’t have a clue. A lot of the metrics you cited as being relevant to domain name values are not, the ones that are, you apparently don’t even begin to comprehend. As long-winded and blowhardy as I can be at times, I just feel no inspiration to try and break it all down for you. Perhaps others will. Safe you say, you’re still playing this game at Level 1.
Search volume, cpc, etc do mean something, but they’re a distant stranger to the value drivers that go into the asking price of a ‘certain kind’ of descriptive domain name. That relies on organic, qualitative stuff and requires a certain, special kind of intelligence type that not all (if even many) domainers have. A lot of it is just playing poker with your negotiating counter-party, but most is understanding when search volume and CPC aren’t a factor in play and to price accordingly.
Jason says
I do have a clue. I’ve sold many domains. I don’t waste my money buying domains at auctions, as well as from other domain investors. I hand register quality names. I have 100 resume domains that I can make 50+ times my investment when the time is right, which will be next year. My education portfolio is even better. I have a decent job portfolio and many service domains.
You can judge all you want. I was in level 1 a few years ago. I know 100 times more than you think. I talk to a few elite domain investors on a regular basis. I invested thousands of hours learning about domaining. I don’t need any advice to buy domain names. I’m not new to the industry. I also own many domains that I can determine are good even without the stats.
You can build value into the .com in discussion, but I still wouldn’t pay the minimum offer, even if I found the money on the street. I’m not saying the domain is not worth $5-10K, I just wouldn’t have any use that particular domain. I’m sure that another buyer can brand the domain.
I know all about organic searches. I have many domains that fall within that category. Mostly every domain I purchase has commercial value. Many domain blog owners think they know it all. I sold many domains that they considered worthless. And many companies happened to implement these domains into their business plan to improve their traffic.
I have one “i” domain that will command more than inewsstand.com. I know exactly what I’m doing because I think like a business. I don’t focus too much on the stats, but if I’m going to spend $2500, the domain better be good.
Thanks for your expert feedback. Interesting how you make an assessment without knowing anything about my past sales and my domain inventory. I’m sure you’ll be reading about my big sales next year.
Josh says
I don’t care if I am lied to, as long as the money clears.
Let’s be realistic, a lot of big players are in no rush to sale off names for even fair prices, their choice. Sometimes it even pays off quite well.
However my thinking is is a) We don’t live forever b) That money I passed up over the years could have been used to invest and seen returns, real returns, not wishes and fishes c) ou strike while the iron is hot and from the looks of things, this iron has been unplugged, if “they” didnt get it before there is no money left to get it now.
TheBigLieSociety says
Pssssst….Hey !!!…Anyone want to be a REGISTRAR ?
://www.woot.com/
REGISTRAR – An individual or agency that converts U.S. dollars into Domainer Dollars
Jason says
@Einstein
There are owner that ask 20 times the value of a domain. I base the value on many factors. I’m sure the domain will be worth the price 8 years from now, but I see better returns with my current batch of domains in the same field.
How does one really know what the owner is asking for the domain. If you have a max figure you’ll pay in mind, then you have to send an offer for less. When the owner waits a few days, and replies back with a counter offer for 20 times your offer, then is no way you’ll work out a deal.
While appraisal systems are not as accurate, they are a good indicator to determining a borderline value for a domain. If you fail to set the right place, you won’t make a sale. I made a few mistakes that cost me two sales on two package deals.
For the most part, buyers have no clue as to how much a seller is asking for their domain. What if one makes an offer above what the seller’s price point? If a person is looking to purchase a vehicle, they have to be prepared to negotiate. A buyer is not going to pay $25,000 for a car that is price at $19,000.
The market value is what similar domains are selling for in the domain industry. If Resumewriting.com sold for $66K, then ResumeWritingService.com may go for $10-12K. ResumeServices.com could sell for $20K. The person that won ResumeServices.com at Go Daddy this past May purchased a great domain for cheap.
A seller sets a goal to accept $1000 for a domain. When a buyer makes an offer for $350, which is $150 below their max price point, the seller fires back with $4000. The two price points are too far off. The domain doesn’t have any backlinks, no sites that link in, no GPR, and the name will not make a ROI.
However, you like the domain. Your max is $500. The domain is probably worth $350-400. There is no way I’m going to reply back with $2000, especially when I know the price is more than I want to pay for the domain. I respect people that have a price, and a “make offer” option. At least you know the price point. Price will make or break a deal, as well as too much information.
Einstein says
“While appraisal systems are not as accurate, they are a good indicator to determining a borderline value for a domain. If you fail to set the right place, you wonโt make a sale. I made a few mistakes that cost me two sales on two package deals. ”
———
That’s your mistake right there.
One, who said that they have to sell today or two years from now? I have a very good name and was offered mid-five-figures (and as low as $100 once) when useless tools give it a few thousands. Why didn’t I sell? Because I don’t have to. Soon or later I will get my price, because it’s a great name and I own it free and clear. It is as UDRP and lawsuit proof as a name can be and I don’t sell I am using it for the intended purpose.
Two, appraisal systems are worthless. A name like Groupon.com would have been worth reg fee on appraisals but it’s an amazing brand name. Not everyone is trying to sell egyptianbedsheets.com, so the appraisals are a joke.
Roy says
Advice for all:
Don’t assume anything about the buyer either.. even if they lie, they may have the pockets to pay what you want. Liars somehow have money too. Learn the art of negotiation. Be cool unless you don’t want a sale lol.
RL
Bob says
All those bitching about people over pricing their domains, are missing the point, the domain is worth exactly what the owner will sell it for, if i get quoted a million $$, i don’t bitch about it, i wish the seller good luck and genuinely hope he gets what he wants for it, if you don’t like the price quoted don’t buy it.
I don’t care what Esticrap or any other automated appraisal says, nor do i care about backlinks or how old the name is, if i need the name for i either pay what they want ( minus a little negotiation) or i don’t.
If Mike or anyone else wants that price for a nmae thats their perogative imo.
M. Menius says
@Bob – Well said Bob. Agree completely.
@MHB – Excellent post Mike. Love the logical viewpoint. Particularly this …
“However the domain maybe worth MORE to certain buyers not because they have more money but because they have more need for the domain.”
The person who offered $1500 for TheProfessors.com did not have the money most likely. Instead of simply raising his offer, he retreated to arguing instead of negotiation. So your read on him seems accurate, i.e. a time waster.
trickytobeat says
I have, over the last 12 months, registered 500 domains with the goal of creating an income selling and buying domains.
I have worked tirelessly, finding domains like mushroombrush.com, workingmine.com, tzivia.com, drugimpaired.com
I have not received one offer in 12 months. I have parked them on sedo, boxcar, afternic and countless other sites, NOT ONE OFFER, N O T O N E ! ! !
The .com pioneers of the 1990’s , the joyous pigs that snatched and bragged are sitting pretty and now here we are, rabble, 1000 extentions strong swilling the bullshit of internet lies and fraud, bullshit.
develop
Robert McLean
MHB says
Robert
“The .com pioneers of the 1990โฒs , the joyous pigs that snatched and bragged”
Weak excuse.
The domain is question we acquired in 2006 not 1996.
I just turned down this week an offer of $125,000 that I bought for $18k In April 2010.
Personally I started registering a few domains in 1997, and started mostwanteddomains.com in 1999.
We still acquire domains everyday.
Jason says
The two sales that I made a mistake on had nothing to do with price. I gave the two end-users too much information instead of replying back with a price. That created doubt concerning their branding efforts on their own website.
Stats do account for something. I doubt I’ll receive a huge offer for a domain I purchased two months ago. Many buyers know they what they want to pay for a domain.
If I owned a 15 year premium name that could fetch $300k, then it’s age and keyword value mean something. A domain registered two months ago won’t command 6 figures.
I don’t own any 6 figure domains. Companies know what they want to pay for domains. ResumeService.com and ResumeWriting.com demonstrate clear knowledge of accurate prices.
When you present domains to companies that are only looking to purchase specific keyword domains, then you won’t produce a sale.
My two mistakes had nothing to do price. I replied back with too much information. I’m not going to ask $100k for a domain that has little value. I wouldn’t have a problem with sending out emails on a 15 year old domain that can sell itself.
Price matters because no experienced domain investor will make a huge offer on a domain that has no resell value.
MHB says
“”Price matters because no experienced domain investor will make a huge offer on a domain that has no resell value.”
Why are trying to sell domains to other domainers?
You should be selling them to end users
Jason says
@Einstein
I would never offer $100 for a domain that I know should sell for $30-50K. That’s like trying to offer $100 for one of Frank’s prized resume domains. It wouldn’t make sense.
Using appraisal systems are good to determine the average keyword results and the monthly searches. I buy many domains that don’t have high values, but many keyword results. These are brandable names that identify 3 services that are major.
For new domain investors that don’t have access to any tools, they may question the meaning behind a $300 domain going for $5k on Go Daddy. One business once purchased 10 domains from me, but then changed direction to only wanting domains with Google Page Rank and backlink domains.
Seriously, people on this blog are underestimating the significance of domain tools and keyword value. Seasoned domainers know that won’t receive $300K for an Estibot appraised domain, but they do know they can generate interest for a $30K asking price. It really depends on the domain niche, and whether a company can use the domain to make revenue.
If I didn’t use Estibot, I would’ve passed up on many domains I assumed were registered. I don’t believe the high appraisal values. You can make a determination to price a domain based on sales in that niche, as well as the stats. I don’t use drop software. I input names I think will attract a buyer. a few dozen names produce clicks a few days after registration.
A few months ago I could sell a good domain because the buyer determined the 170 average monthly searches to be too little. He purchased a job domain from me a month prior. Fast forward, continued to pursue the two domains I knew he wanted, and added 3 more into the package to make the sale. This medical job will probably be worth a good amount in the next few years, but I’m into buying and selling. I plan to keep 50 domains to make money, and sell the rest.
I consider domaining as a stepping stone to my long-term goal. I have the college education and the writing experience to reach that career. Domain names operate in the same manner. You may get lucky and sell a hand registration for a fortune, but many buyers have an idea what they want to pay for a name. They’re not going to offer $100 on ResumeService.com or ResumeTips.com.
Serious buyers do their research. They know what resume domains are selling, and for how much. I know that offering $8,000 for ResumeServices.com will be ignored. A company offering $20K will likely close a deal.
How do companies know what to offer a seller? They keep a close eye on recent sales. A few of the owners read the DN Journal. They are aware of the domain’s stats. While organic searches are important, monthly searches are just as relevant to the overall value.
Backlinks and sites linking in are important. If you purchased a business, would you pay top dollars for a company in its early stages? Or would you want a company that is already established? A deli owner may scout a location to determine whether there is enough traffic to reach his goals. Another may open a new shop, only to close 4 months later because they can’t generate custom traffic.
Domain names with backlinkcs, GPR, and sites linking in generate quality traffic. I hand registered a good hotel .com domain with a GPR #2, 68 backlinks, and 8 sites linking in. This domain generates consistent traffic and revenue.
If backlinks and sites linking in have no value, then there is no reason to use the search engine. You won’t have a strategy to reply back when a company asks for the reason they need such a traffic, especially when the domain has no real traffic.
I would like to know how many people type-in TheProfessors.com in their search window a month. I see people typing in Degree.com, Degrees.com, CollegeDegree.com, DegreePrograms.com, and OnlineCollege.com. However, TheProfessors.com is a brandable name that can make money with the right plan.
Too many people discredit domain stats. I have spoke to many end-users regarding their recent purchases. They have a need for the domain based on its keyword value and target niche. One domain is an education name, and another is a resume domain.
A person that sucks at domaining is not going to spark attention, know how to assess a domain, and will certainly not make a sale. Interesting assessment from someone that claims stats have no real significance in a domain’s value.
Hal Meyer says
Buyers are liars.
Get over it.
๐
Aggro says
Posters (eg Jason) who write novels about keyword stats & the like usually have zero clue about selling domains to end users.
Most likely they spend all their time in forums, all day every day.
Pat says
@MHB
Good point regarding win-win, as usual you’re the voice of reason in the domain world.
@Aggro
Good one.
Jason says
@MHB
i never sold a domain to another domainer. I contacted many domainers in the past, but all my sales are to end-users.
I put in a lot of work to generate leads. While I may never be as successful as your company, I make it a point to help others to learn about the industry.
I don’t see myself turning down any offers. I shally close any offers because I’m not financially stable enough to reject a sale. Turning down a 6 figure sale shows that your company has major assets.
I’m sure you make a ton of revenue from parking and monetizing domains. You probably invest 50% back into your business. I
Jason says
Aggro,
Poor analysis. You have no clue.
Jason says
The Domains is a good blog. However, many posters on here seem more like posers. You think that keyword and backlinks have no value.
End users go after keywords to improve their business. Not every business is looking to secure a brandable name, especially when they already own one.
Know-it-all domainers think they give the best advice. I haven’t posted on another blog for a month. I don’t make big sales, but I do well enough, considering that I hand register 99.99% of my domain names.
Furthermore, I don’t brag about what I sell.
Jason says
There’s no reason to prequalify an end user to make a sale. When you sell a domain, it no longer belongs to you.
If someone wanted to use the domain for porn, then that’s their decision. Every person has a reason why they want to purchase a domain.
A buyer offering $100k, and another making another offer for $100 are at two different levels. Keeping stories out of offers will speed up the process.
People think that the job industry will pick up next year are niave. Domainers that think they’ll receive a large offer for a random domain with no keyword value or no branding potential are niave, or a hypocrites.
Domainers brag about their sales or offers they received to gloat. Usually the new domainers are treated like losers. I don’t mind sharing information because there are enough domains to go around.
DUILawyers.org didn’t sell because it was a brandable name. It sold because the name could make the end user a ton of revenue. Clicks are much higher on that domain than on a least appealing domain.
Since people assume I have nothing going on beside commenting on blogs, none of you have any idea on how many domainers I helped to avoid losing money. I sold 6 job domains in the past week. I don’t need to post the name to receive praise. All I know is that three niches will make me money.
Good luck to you all. May you score big sales. Peace.
Adam says
1st rule of blog comments. Keep it short.
sheesh
Uragon says
I think I – naw – I know that you got a smile out of me. Thank you…
BrianWick says
This one just came in and is probably the best one I have heard in a long while – still laughing:
”
Hi Brian,
Would you be interested in selling your domain name? If so, please let me know what your suggested price would be. I have a team of people who are interested in pursuing the domain name to create a social network for the UFO, Extraterrestrial community.
Regards,
Brenda
”
Is this is a nice / creative / deceptive way to ask for SpaceBook.com without even mentioning the domain itself ? – a domain that gets an inquiry every other day at least
TheBigLieSociety says
“a domain that gets an inquiry every other day at least”
===
.vs
a domain that gets an inquiry every milli-second ?
.vs
DIDJ with no domains ?
BrianWick says
@ TheBigLieSociety
I think ChipOnYourShoulder.com is ” domain that gets an inquiry every milli-second”
Albeit siteanalytics.compete.com documents about 30% of the actual typeins – which is not quite every milli-second
Matt says
I’ve got ebookus.com – Anyone want to take a stab at what that would be worth?
In another thread on this site, they mentioned that ebook.com was selling in October – estimates from readership were 7-9 figures…
I realize that ebook.com is likely a superior domain, but I was still curious of an estimate, and if you would know where I might part with it…
Let me know and thanks in advance.
Matt
TheBigLieSociety says
โ domain that gets an inquiry every milli-secondโ
===
OpenDNS.COM
://domain.opendns.com/thedomains.com
Blogs added by berkens Awaiting votes
Parked Domains added by billso Moderator Awaiting votes
Pornography added by farmscott Moderator Awaiting votes
Forums/Message boa… added by amocat Awaiting votes
MHB says
What does this mean
In English please
TheBigLieSociety says
http://domain.opendns.com/thedomains.com
http://www.opendns.com/community/user/1946006
60 points
TheBigLieSociety says
farmscott / member since December 2007
19,810,870 points
billso / member since May 2007
2,562,500 points
://www.opendns.com/community/user/227563
://www.opendns.com/community/user/135046
MHB says
Big Lie
So what your saying is that OpenDns is allowing users to tell them how to route traffic without any ramifications for users who misclassify a site for their own reasons and cause said site to be blocked.
You know I’m not a fan of the service, I use Google DNS
TheBigLieSociety says
OpenDns and Google DNS are SMALL Potatoes compared to DNSMASQ
You may be using DNSMASQ and not even know it
In general, Reputation.DNS is like allowing small post-it notes to be attached to Domain Names. Software in the Customer’s CPE can pull all sorts of info in about a Domain Name.
Software at a WIFI Hot-Spot could also become involved. A new visitor to TheDomains could be presented with a Screeen (Blog, Porn, Parked, Forum) please vote.
…If a user “Votes” enough, maybe the WIFI Provider pops up a screen that says….You have now earned a FREE Large Soft-Drink…I’m Lovin It
TheBigLieSociety says
Google for “Iโm Lovin It”
://harshpillow.blogspot.com/2009/06/im-lovin-it.html
“Content Warning
The blog that you are about to view may contain content only suitable for adults. In general, Google does not review nor do we endorse the content of this or any blog. For more information about our content policies, please visit the Blogger”
Uragon says
You guys just blew me (the beginner) out of the water.
What are you two writing about? OpenDNS.COM and GoolgeDNS? How does this help with building my portfolio and selling developed domains (mini-websites)?
Seriously interested in learning
TheBigLieSociety says
What are you two writing about? OpenDNS.COM and GoolgeDNS?
====
DNS Circa 2010
User —-BrowserDNS—-DNSMASQ——OpenDNS——-ISP DNS—–DNSSEC Mess—-RegistrarDNS—–RegistryDNS—–USGovIANAroot
DNS Circa 1998
User —-Browser—-ISP DNS—–RegistryDNS—–IANAroot
TheBigLieSociety says
domainrep — Domain Reputation discussion list
://www.ietf.org/mailman/listinfo/domainrep
Stephen Douglas_Successclick.com says
Hi Em-Bee,
Funny article – but be careful of “being playful” by anonymous weirdos lying to you in order to try to get a great domain for cheap. They might DDOS your site or worse. I’m always playful, as you know, and sometimes it gets me in trouble because I even write pseudo-psycho emails to my good friends to see if they’re reading them… heh… That means I’m probably more than playful, but psycho. What? Who said that? Tony, please leave right now, you’re embarrassing me here!
Okay, this is me Stephen again, I kicked Tony’s ass. One of my favorite email requests for a domain was from a guy who said that he was a “student who just wanted to write a blog about music” and offered me $20 for a domain I sold later for $1500. I wrote back to him and said “Borrow the money from your dad”. LOL
cheers! Stay true to your own appraisal value of your domains and don’t be swayed by people doing what we all do anyways when we also try to get a domain for cheap. ๐
Great article, dudenik