Frank Schilling company, Name Administration, has apparently jumped on the Buy It Now pricing wagon, by listing around 35,000 of this domain names with Buy It Now (BIN) prices on for what appears to be as low as $4,990.
Here are some examples of domains priced to sell at a BIN price of $4,990:
winadreamdate.com
dogperfume.com
odhm.com
lettersofintent.com
dailyjackpot.com
growthhormonereplacement.com
floggings.com
conflictdispute.com
munichrestaurants.com
ohhf.com
basketballwager.com
olhh.com
toydrives.com
californiadoctor.com
tartercontrol.com
bulkblast.com
That is not to say by any means all of his BIN domains are priced at $4,990, there are other domain names with higher BIN pricing like FreeMaps.com which is priced at $60,000.
The BIN pricing appears when searching for a domain through Sedo or Afternic.com or after you fill out a form using the inquiry link on the landing page which goes to DomainNameSales.com
Since these domains are in the Sedo.com and Afternic.com channel they will also come up for sale at the registrar level with BIN pricing.
Sedo typically reports over 40% of its sales come from BIN pricing, Aftrernic doesn’t report the percentage of domain sold with BIN pricing.
There has been quite a bit of debate in the domain community on whether domainers should list their domains for sale with BIN pricing as opposed to make offer pricing.
So is the bigger question is what does this mean to the domain resale industry when tens of thousands of domain names are being put on the market for the first time on a BIN basis?
everyone wants to sell. everyone needs money or at least don’t want to pass the chance to unload assets before things get ugly.
i’ll bite. how do you know it is 35k domains?
…the newer, younger generation of enduser, the ones that grew up with multiple extensions to visit, do not see .com as big as the elders do.
As a matter of fact, the younger enduser is more familiar with .com as a branch of a cyberspace tree. Lots of leaves(sites) on the branch, but they also know that the other extensions are there for them, and there are tons of parked .com pages littering the internet highway..
The old guys will. of course, see it differently, but the younger and smarter enduser knows that it is what is at the LEFT of the dot, not the right any longer. There may still be some powerhouse names, of course, but, for example, seeing “toydrives” in every extension at reg fee is more cost effective than getting gouged at the BIN price Frank has in store for them.
The entrepreneur is just smarter now and less apt to fall for the “it’s a dot com” spiel.
Some .com names will be worth the money to be sure, but in general, no intelligent enduser will allow to spend any more than necessary for their product/service. This is the 21st century and .com is adjusting to it with all the other extensions available…
@windy_city i used to think that way, and I still think if i am on the position of an end-user and someone asks “too much” for a domain name. but guess what? 15 years after and people still pay hefty prices for .com and i do not see any change in the horizon. at least as long the economy doesn’t go to the dust. but in that case every asset will.
It is a good balance to price some for sale.
If a domain doesn’t get any traffic, make any money or have any inquiries, why not put a buy it now on it… especially if you personally don’t have any development plans for it.
Have to disagree with you windy_city. net and org have been around as long as com and why don’t we see major sites on those extension and why such the big gap in pricing. I’m sure when the new gTLDs rolled out in the early part of the last decade, the same argument you’re making today was made then.
How many non-com sites does this younger generation you describe visit in a typical day? I don’t know about you but I can’t recall visiting a non-com in some time. So, unless some mega sites come along on these alternative extensions, com will still see a significant premium over anything else. Values may fall a bit, now and then, but I don’t see things changing any time soon. Rather then alternative extensions affecting value, it might be more a function of how people access content today, mobile vs. pc, and how google ranks exact match and low quality sites that would affect the value of com.
An entrepreneur may develop on an alternative but once they receive money from an outside investor, they will go after the com, they may not always take the price but I would bet 9 times out of 10 they covet that name and will seek to buy it.
windy-city,….you are smoking some real bad marijuana….
dot com will always be king.
Look at box, they bought the dot com version.
BullS may be right, I checked out your link windy and maybe you’ve been getting some shwag. That’s what happens when you invest in alt extensions, you can only afford the junk. If you stuck with com you might be able to get some of the good stuff. Strive to fill your bong with some sensimilla. Just sayin.
…thanks for the tomatoes while I was on stage, guys and gals, but that was and still is at least part of my opinion.
BullS, To say that .com is not “king” is foolhardy, to be sure, but to infer that .com in the 21st century is more of a royalty like Queen Elizabeth than King Henry VIII would be more of an appropriate observation. There will always be big exceptions in .com sales, but the existence of good alternate extensions coupled with generations that are familiar with visiting and using them is lowering the . com ceiling considerably.
I myself, as some here may have undoubtedly observed, am targeting domain names in what I feel to be a ground floor niche almost exclusively in the .com extension. That’s just the way it is. Speculation is a funny thing, sometimes ya gotta read the news to get a pulse on what may be a positive investment for domainers. But I digress…I am a domainer, not an enduser, and if I or anyone else have the domain name at a price that the enduser sees as beyond the budgetary reach, they will not feel so bad when they get the name wanted in another extension for a fraction of the price.
Where we also seem to disagree is that once he or she establishes the business and the .com is within reach, that opportunity will be jumped upon as it is now and always was. Always is a pretty hard word and one that, ironically, does not ever seem to last long. You believe they will, I believe it will be a buyers’ market and the price of the .com will come down to earth from its lofty plateau if the seller wants it sold…
Thanks for your input…
@ The BagofWind @ Facebook
First off let me say you are totally uneducated to the ways of the world when it comes to finance and markets. There will never be lists of .Whatevers like frank has here.
I am wise enough to know why Frank participates in the new .SPAMS and you obviously are not. Its called hedging your vast .COM portfolio, as an insurance policy.
The Smart young End-Users as you call them like money, more than they like a fools gold craze, and they will eventually be piling into .COM Profit Centers.
R.E. = ” You believe they will, I believe it will be a buyers’ market and the price of the .com will come down to earth from its lofty plateau if the seller wants it sold…”
This statement in a nutshell tells me how much you really do not know about Intangible Market Fundamentals. I have 40+ years experience in market analyzing how bout you??
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)
…Thank you, Jeff, for your “qualified” opinion.
It seems that you put your 40+ years of experience to good use by not only standing pat and ignoring future trends but also by vilifying anyone who may express a differing opinion than yours.
Bag of wind, really? yeah, that sounds like a very defensive statement and to be “Frank”, not very intelligent, although I am sure that you are.
I did not know that market analyzing is so rigid that it never changes with time and events, but your 40+ years seem to bear that out. Hey, keep on your steady course, I was giving my opinion of what I feel is going to happen. I know it runs counter to your experience but it is what it is.
At any rate, if you feel the need to continue to mudsling, by all means don’t let me stop you. Lack of professional discourse doesn’t strengthens anyone’s case, which you should have learned in your many years of experience.
Thanks again, Jeff. I truly hope that we can share again under less hostile circumstances…
…ok, Jeff,
Looking again at your experience I do have to give you your props on your expertise. I understand and appreciate your dedication to your craft. So in that regard I do respect your opinion.
I guess the fact that it is not reciprocal is beside the point. I still feel that time will exonerate what I feel regarding the future of .com coming down to earth in terms of prices, though, although there will always be many exceptions to the rule.
Make no mistake, Jeff, I learn from everyone and you may be one of my most valuable teachers in this industry and for that I also thank you…
windy_city
Thank you for your analysis. Any and all well thought out and presented information is always appreciated. Your grace under pressure is to be commended also.
windy city
do not listen to Jeff Scheider, I repeat, do not listen to Jeff Schneider
why?
he’s been around for 40 years preaching above everybody and hes only got maybe a few domain names of any value
PLUS he says he is proud and honoured to be in busines with Rick Schwartz, the most hypocritical wolf in sheeps clothing you’ll ever come across
i suspect Jeff hangs around here making a fool of himself preaching to the choir in an effort to be part of the Rick Schwartz, Micheal and Frank club because he doesnt have the domain names (i mean dont com profit centres lol) to get automatic entry
to make it even clearer windy city
DO NOT LISTEN TO Jeff Schneider
WARNING: he’ll tell you exciting things like “dot com profit centres” on the same thread about the number one .com owner in the world selling up 35,000 “dot com profit centres” BECAUSE THEY’RE NOT MAKING ANY PROFIT!
PLUS, they’re so long tail, end users dont want them BECAUSE you cant make a profitable business on them – this is what Jeff calls “dot com profit centres”
AND dont get me started about Jeffs admiration for Rick Schwartz – the same Rick Schwartz calling out people for leveraging off his hard work and money invested re TRAFFIC covention – sounds like a reasonable case to put forward, doesnt it? windy city, go directly to http://www.ebid.com and read the ransom letter Rick and his new partner in crime Danny Sullivan posted to the ebid.net owner – this is the same Rick Schwartz Jeff Schneider says he is proud and honoured to blabla