You may have noticed I’m not blogging as much.
Why?
Its time to make money guys.
As we all know buyers from China have been moving the domain name market for a few years, but we are now in uncharted waters.
China now is making the market.
US buyers are now interested in buying only the domain names the buyers in China want.
I have 100+ LLL.com domains, about 30+ LLLL.com domain, 7 NNNN.com domains and lots of NNNNN.com domains that I registered back in the day when Marchex was buying them as area codes.
We are at RightoftheDot.com also brokering corporate owned 2, 3 and 4 letter .com’s and of course have close contact to some of the “big” domainers who I chat with, one way or another every day, including the weekend
I can only equate this market to the NASDAQ, back in the day, when stocks like Yahoo and CMGI were going up $20-$30 points a day, everyday.
In a week my high offer on 373.com has gone up over $100K, by multiple bidders to $537,000, but I have another bidder at $530K and another at $500K, needless to say no reason to sell for anything significantly more.
I’m now spending around 2 hours a day answering emails from buyers from China that don’t wind up in my spam filter.
The market is on fire.
27188.com sold over the weekend at a Godaddy auction for $20K
I turned down an offer of $22K on 96788.com this weekend
1865.com sold last week on Namejet.com for $41K.
JLM.com sold for over $44k.
742.com (yes the dreaded 4) sold for $142K on Namejet
77787.com sold for $26,055.00 on Snapnames last week.
Jr.Net sold last week on Namejet.com for $55k, in January the highest bid we got for arguable a better two letter .net; VP.net was $14,500.
Remember 877.com that was in the ROTD NamesCon auction in January?, there were a couple of bidders but did not sell.
I would say that domain has tripled in value in 9 months.
If you look at the new gTLD’s .xyz, .top, .wang, .kim, .Win just to name a few have millions registrations from China
It sure looks like a bubble, but I don’t think so since there are fundamentals to support the prices.
China has been lowering interest rates the government has devalued the currency and Gold which used to be the flight to safety has had several horrible years and shows no sign of life.
Plus gold is heavy.
Heavy to carry and subject to custom inspections
If you have a lot of gold and want to get on a plane and go somewhere it’s a problem.
So we have domain names which are traded in USD, are portable throughout the world, with no customs inspections, and no cash declarations.
There are more deals in the works that we hope to announce soon.
Until then if you own any LLL.com LLLL.com NNN.com NNNN.com NNNNN.com and are not tuned in directly with buyers in China hire a broker and do NOT sell cheap.
I just sold 6 4 letter .com names with no vowels for $600 a name. Now I am sick after reading this article. I have 6 more 4 letter names left but with some vowels in them. Are they just as valuable in the future? My names can be found at http://www.domainingquestions.com. Would appreciate the feedback.
Hopefully those 6 domains had V’s in them, or you just sold them for way below market price.
Nope they all had no vowels or V’s
As long as you made money that’s all you should bother about tbh.
Domain investment has no room for sellers remorse.
I sold 5 chips for $300 each in July too, it happens.
LLLL.coms without V or vowels sell for $900-$1000 and up now.
Anyways, people tend to forget that there are still an “unlimited” supply of Western end-users out there and also, I have sold plenty of “Western” premiums (pronounceable, Western letter quad-premiums) to Chinese buyers, so don’t get all hung up in the no vowels/V.
Quality LLLL.coms has been my #1 money maker niche since I started domaining in 2007 and now with the new Chinese money flooding the market, they are the absolute best domain investment you can make at the moment. Considering they are (still) fairly low priced, they are incredibly liquid and the profit margin is very high (2-10x ROI is not unusual imho).
I’m still not paying high $xxx for QXYP.com though, as these type of domains sold for $25 two years ago and they have absolutely no meaning or value to any end-user except Chinese.
In this month alone, have seen about 49 four letter cheap (below $100) .com drops, be many of them with numbers: http://dnpric.es/?q=(4)+.com|+@2015-10+$%3C100
Of course the link you be dnpric.es/?q=(4)+.com|+@2015-10+$%3C100
#FirstWorldProblems 🙂
Hi Michael if I may ask why so few 4L.com’s? To have 100+ 3L’s and 30+ 4L’s is an impressive but intriguing distribution. Did you do a large sell off at some point, or where the permutations not attractive as somebody who is a top-tier investor. – Joe
Let’s not forget the $5 trillion in stock value that was lost this year alone on the Chinese stock market. Or the lack of performance by major Chinese corporations such as Alibaba.
Not discounting the current value of premium, short domains – just urging everyone to treat potential buys with skepticism. If you’re selling, good for you; now it’s the time.
When they are making you 5-6 figure offers, why the heck not?
I have about six domain names left with vowels in them and they are 4-letter domain names. IS your perspective the same on those? I sold non-vowel 4ltr .coms at $600 a name and now I am sick after reading your article. Also are three letter .tv names valuable as well?
How do price the 4ltr names? Since you don’t know the buyer, how are you establishing your pricing?
Bruce – You’re probably getting offers at 1/10th the domain’s value. Aim for mid four figures.
Unless the word has a meaning in chinese, the more use of premium chinese letters the more the phrase, the floor on chinese premium is about $1200 right now, they are stringent
Now I am really sick about the sale. Do you fell the 4ltr names left with vowels are worth $5-6 k?
Or more. Sold one for $12k. No need to get sick over it, price the rest of your portfolio accordingly.
I agree but makes me sad!
Leave the domain industry. This is the best way to prevent feeling sick after making low domain sales.
I once under sold a domain to an end-user (didn’t know buyer) at Sedo, and they transformed this website into 1 million unique visitors per month over the span of 3 years. I set this domain at buy-it-now and missed out.
I got over it. We move on. You may never get the price you sought after. Prices will continue to keep increasing, so selling at much higher prices will make you sick after these prices multiply again. Just be happy you are making sales, because it is not always easy to make domain sales.
I have been domaining since 1997 and one thing has been constant, I find more domainers being rude to other domains than supportive. A remark like “Leave the domain industry” is just wrong. Yes I under sold and had a human emotion about it. However, leaving the industry over one sales disappointment is just unbelieveable. I mean c’mon man…
I NEVER try to put another domainer down. Sometimes my honesty seems harsh, but I don’t try to be rude. This is the number ONE reason I never share sales. I sold a domain for 10K 2-weeks ago to a company and did not share the sale. Why? Because I would have heard, you sold too low etc. Just be supportive or leave me out of your comments for god sake.
You should check out LLLLsales.com, that might help you get an idea. 😉
It is better for you to get in touch with a domain broker.
Don’t get sick of it, just do like the Pawn Stars, buy cheap and double your money as quick as possible if you are a flipper. Even the investors look on the long term profit. What you are looking for is a gold nugget or diamond in the rough, and some times you can differentiate between diamond in the rough vs a piece of quarz and throw it away. I personally sold qdp.com and qbz.com for less than $5K a couple years ago, I can’t afford to get sad, just kept the good ones for me.
At least You understand the concept of getting over past sales. Sure, you could have sold those 3 LLL dot com domains for higher prices now. At least you accept that demand and prices increase and/or decrease.
As domain flippers, you sell, buy and resell. Don’t look back. That’s a good attitude.
Great summary of where a good portion of the domain market is at due to China! Definitely the domain story of 2015. China is a huge market and it’s just come onto the domain scene in 2015 from outta nowhere, an increase in buying interest and finite supply usually push prices up. Will be interesting to see how it all plays out in the next months/years.
PS: I’m surprised you don’t own more LLLL.com and NNNN.com. If we could all go back 2 years…
Sad story for keyword domain holders. Particularly for 2 word domain holders.
What do inquiries from china have to do with exact match keyword domains?
If one buys domains simply for shorter term flip than clearly nnn.com, lll.com, etc were a better play.
Chances are we will see sector rotation back into exact match and marketable 1, 2 word .coms
I bought one NNN.com and LLL.com each 4-5 years ago and still holding. If I had multiple probably would be a seller at these levels. Don’t think prices for short domains will go down but don’t think they will rise as fast as marketable exact match .coms in coming years.
Ultimately one has to ask themselves “will this domain give a company a clear competitive advantage against competition”. If not than domain probably isn’t worth much in the long run.
Your comment reminds me of the “apps will make domains useless” talk from “gurus” several years ago. Tune out the noise and focus on fundamentals.
At least for today, the (Chinese) trend seems to be toward short domains regardless of semantics. IMHO it is difficult to deny the current reality. And the future is uncertain. Who knows how the Chinese buying pattern will change in what direction?
Yes, I agree fundamental value is the most important factor. No question about it.
There is a “scarcity” value to domains and an actual “usability” value. Some short domains are trading simply on scarcity value while others on usability.
There are Chinese companies listed on US exchanges like JD.com, 500.com, YY.com. Clearly when Chinese see that some of their most successful companies have short, easy to remember domains they understand that short domains can have a competitive advantage (raising profile and/or capital).
Portability is a huge component of rising prices of domains over the past couple of years as well. This will probably not go away in the near future.
One must be careful not to extrapolate out a current trend as permanent. It happens all too often in the stock market.
Many one word .coms are useless in commerce but almost all have some scarcity value. Vast majority of two word .coms are useless in commerce yet some are extremely marketable/valuable.
The value of 1,2 word exact match .coms never had anything to do with the Chinese. But in the future they might.
You can say that again !!!!!
Generics english words really have gone no where
“Sad story for keyword domain holders. Particularly for 2 word domain holders.”
Depends on which side of a transaction you’re on.
Good news for all domains. Chinese are focused on the most liquid domains, many of which will never find end users. The speculation, though, is increasing awareness of domains as objects of value. I suspect that they will eventually come around to buying actual words with the same fervour.
In the 2-letter .com market (where I’ve kept track using WHOIS, historical WHOIS, website visits, and educated guesses), Chinese registrants only own 127 of the 676 domains, compared to 381 for USA registrants. That’s exactly one-third the USA total, whereas China’s GDP is roughly equal to that of the USA.
To have parity with the USA, that would mean China would have to increase its total to 254 (double the current level), with the USA shrinking by 127, if all other countries stay the same.
I’d be curious if anyone has similar stats for NN.com, NNN.com, LLL.com or LLLL.com domains (obviously for LLL.com and LLLL.com, it’d be too much work to manually check historical WHOIS or visit each website, to overcome WHOIS privacy issues, but one might make educated guesses via country of the registrar, etc.). That’s not 100% accurate, though, as I’ve noticed some Chinese registrants moving their domains to GoDaddy, etc.
same here MHB. people went crazy in the last months.
i only disagree with you when naming this a bubble. it IS a bubble, no question whatsoever. never mind the fundamentals, just look at the exponential increase in price. the tricky question is how far will it go…
i consider that we have entered in a bubble period on 2014 but overall short domain prices have double again. it’s a beast.
i even find myself getting sorry for people who are buying into this craziness 😛
it is a great time to sell.
This will be fun to watch when the bubble pops. Who are they going to resell these to? They will all turn into those domain owners who say “I paid $100k for it so I’m not selling it for less than $100k” and you’ll say “yes, but that was 2015 and now it is 2017 and prices are not the same”.
China now has more billionaires than any country.
@Michael
Waking up to multiple offers for your domains —- with multiple ROI — congrats and enjoy!
From this WSJ article…
http://www.wsj.com/articles/in-chinas-alleyways-underground-banks-move-money-1445911877
…we can infer that some amount of the increase in prices on short letter and number domain names is not due to the intrinsic value of the domain names, per se, but may be due to the ability to park cash in these domain names and move capital out of the country using Chinese cohorts based elsewhere (Hong Kong? Vancouver? Bangkok? Manila?). On paper, It appears to be a fair trade that bypasses government controls on capital flows. The process could be repeated over and over using the same domain name that gets passed around, perhaps among many different buyers colluding together, all with interest in getting money out of the country. Could it be that more and more Chinese buyers are paying well-known Floridians top dollar for short .com domain names for the domain names’ value as capital movement vehicles than for investment purposes?
You guys just listen to the noise, Michael gave a large insight at the bottom of his post to why the chinese are buying these. They have huge wealth in China, if they come to America they are poor, money cannot be moved as easy as their communist laws allow. Think about it
in a sense, a digital asset, similar to what bitcoin was designed to be
Cannot agree more. I am fundamentally perplexed as to why many other reasonably-intelligent investors don’t see this as well.
Buying up a vast amount of numeric dot com domains may not represent the best strategy to move wealth. However, it makes sense to buy numeric domains, even 6Ns, from a buyer on the cheap and wait for them to increase in value later on.
Then, they can control the numeric movement once these domains are more desireable in developing websites. One day, we will know for sure what their motivation is to acquire a large portion of N domains.
The Chinese are also buying a lot of real estate in the US:
http://www.businessinsider.com/the-chinese-super-rich-are-about-to-flood-the-us-real-estate-market-2015-8
http://www.cnbc.com/2015/06/22/wealthy-foreigners-bought-100-billion-in-us-real-estate.html
http://www.cbsnews.com/news/how-chinas-woes-could-boost-us-real-estate/
Indeed, those are due to the “fundamentals” — China has a strong economy generating large trade surpluses. Those funds from trade surpluses have to be invested somewhere, i.e. investment in foreign financial assets (including covering the US budget deficit by owning US bonds), foreign real estate, and other foreign investments, including domain names.
And bitcoin. Domains and btc are a perfect match.
I have a question in regard to short .com names that are actual websites. What increase in percentage would there be for this scenario versus just a plain 4ltr name.
If the absorption rate of short domains continues, with the rapid price appreciation its creating, it will carry over to more than numbers and letters, and into words and perhaps domains with websites
Bruce – Great question. From my personal sales, none of the “Chinese” letters in LLLL ever become web sites. On the other hand, all my “Western” letters in LLLL .com are active companies.
There is a reason they’re called chips. 😉
What goes up must come down. Sell at the highest price possible within the next 12-months. The madness will level out. Increase the value of your domain names by installing wordpress on them and develop traffic. Worth much more when they actually do something instead of residing on a parked page.
These type of buyers are not US buyers. Chinese buyers are a totally different mindset. They will hold forever and will keep holding value for a long time. It may not shoot up every year like they are but number names are here to stay.
I can tell you right now that parked domains that get decent revenue will be the next big thing. Bigger than the number game. It just has not hit yet.
Looks like any number that starts with 2 and ends with 8 without the 0,4,5 in the middle has an established base 10k-20k. One 8 in the middle worth 10k, two 88 20k, 888 $$$ 100k IMO. This only leaves around 600 of these available to market The NNNNN are more rare than everyone thinks. Of course this is all my own opinion.
Bruce no one knows when the bubble will pop until it does.
However China growth is slowing down only to just under 8% what growth do we have in the US 1%?
How many people are there?
Rick had a 20 year plan for the US China is maybe in the 3rd year of its Internet/Domain adoption?
Who knows but Sahar says he owns over 2,000 LLLL.com domains and has and won’t sell a one and is actually buying:
“We have over 2,000 LLLL .com domains, many super premiums CVCV names, but will continue to hold. This year is a banner year, most of our sales go unreported so you have not heard of them, and that’s OK! About the link below, this is the only article you need to read today to understand the importance of these changing times.”
I brokered 2,050 4ltr .com names in 2009.
So are domain names with a vowel in it worth the same as not? 4ltr .com names that is?
Mike,
Where is that Sahar quote from and what link is he talking about?
Cheers.
Mark
Bitcoin yes in a sense but you have no control over the value and all Bitcoins have the same value and there are millions of them
There are 999 NNN.com even LLL.com there are less than 18K, its a big number but there are what 22 Million possible Bitcoins.
Also Bitcoins are subject to heavy government regulation and you can’t sell them basically without going through a market
i always avoided the kinds of domains the chinese are going for because they made little sense as an investment. who is going to want rzwd.com…for what? chances of end users are slim to none. its just circle jerk domain investors who will ever own such domains.
George Kirikos so right. “due to the “fundamentals” I am not in this game and respect the “professionals” that are.
cmac
you can lump all three letters together and say what would anyone want them for
take tzwd.com
Pretty crappy letters I guess at 1st look but then check out the .cn
http://www.tzwd.cn/
So if there is a matching .cn for the LLLL.com then the domain is in use, there is an end user and its in valuable
Lots of companies use LLL.com LLLL.com and NNN.com NNNN.com for their website of course 2 letters and 2 numbers two
I know there are definitely end users for some of the “crappy” LLLL.com’s out there but in my opinion its not the majority. someone somewhere down the line is going to get stuck with a lot of these.
its the same with numerics. NNN.com is great sure but NNNN.com yeah maybe but then 5 and 6 digit and they seem to be going even longer and longer and what is the use of these domains? simply to hold like a stock? lack of availability = value. its not a good strategy.
Talking about the junk messages from China, how many of do you sip through? It has been quite annoying in the past few months. Most of the queries do come from lowballers and wasting time on them, is certainly a significant loss.
Hundreds a night go to spam but those are from people sending out emails on like every LLL.com domain
Just got this news
A Fort Lauderdale manufacturer of glucose monitors and other diabetes-related technology has sold for $273 million.
Chinese Sinocare Group said Tuesday it was putting down that amount in an all-cash deal to acquire Nipro Diagnostics, the companies said in a statement. Nipro had previously been a fully-owned subsidiary of the Nipro Corporation.
http://www.bizjournals.com/southflorida/news/2015/10/27/fort-lauderdale-diabetes-supply-co-sells-for-273.html?ana=e_sflo_bn_newsalert&u=tCeEuNOjEYTCkalHiQ4gwSbGtzY&t=1445970827
Bruce
Those who wind up selling at the absolute top become legends just ask Mark Cuban
But since we know those guys by name there are not too many of them
):
So you can at best hope not to sell too soon if there are years to go
J Paul Getty once said “I got rich selling too soon”.
Anticareer
“This will be fun to watch when the bubble pops.”
I never get rooting for other people to lose money or fail or to have problems.
There are economic cycles and those who lost huge money in the 2008-2009 collapse only lost if they sold, the market is higher than its even been in general.
I wouldn’t call people losing money or assets or their jobs “fun”
Mike – The mindset that things will only go higher because they have gone higher in the past is a poor one. People jumping in with blinders on because they think it is easy money just like in stocks pre-2008 collapse or on those jumbo mortgages that collapsed.
We should root for and reward the people who don’t consider risk and are just trying to fatten their pockets without thinking of the repercussions?
There is the saying “invest wisely”. Also “a fool and his money are easily parted”. This bubble will pop, not a matter of if but when. Those greedy people that want to jump on in and try to time it perfect well that is their risk to take. When it pops and some of them are left holding the bag that is solely their own fault.
Same as those people trying to jump in on penny stocks when they take their wild day or two ride. Should we feel empathy for those who bought at the top and are left holding a worthless stock? I don’t.
China investors also diving into revenue names. Next big thing.
Just turned down $35K for an 6N domain
667777.com
Nince I have 15 of those…
The difference between 667777.com and 289343.com is night and day
I know…
This boom is not a matter of yesterday or today. Three years ago, a Chinese investor said to me that they are buying LLLL.com domains intensively. Yes, three years ago and imagine the price at that time. But, UNFORTUNATELY, I ignored what he said and did not pay any attention to LLLL.com domains. I don’t know if they are still holding them.
800eightyeight.com has received multiple 4 figure offers.
The Sahar quote is from his FB page
Certainly not a bubble, but the customs mention made it sound like money laundering!
Exciting times indeed! I only have a handful of CHIPS and like most domainers regret not buying more just a few months ago.
Now as for floor pricing on 5Ns it seems tricky.
After several back n forths I got a 5K offer on 66357.com – is it worth more?
Anticareer
at some point everything goes down but we don’t know if that will be in 6 months or 6 years.
I’m certainly not advocating turning every offer down like Sahar said he was I sold QJS.com for $150K a few weeks ago so nothing wrong with taking some money off the table but today Sedo just published its weekly sales and someone sold 9107.com for $2,500 that is crazy
If your going to sell now make sure you get top dollar now
Don’t pay no attention to anti-career Mike unless unless you want him to teach you how to sell domains you don’t own
http://www.anticareer.com/turning-a-no-into-a-yes-and-a-5000-profit/
@ Craig.
Wow and you only registered it today. !!!!!!!
I’m selling my 3 letter .coms. $60K has become the absolute minimum. Next month, who knows what the minimum will be.?
are long sequences worth anything? i see some have been registered long ago [05′] like:
12345677654321.com
and they do look all mostly taken.
is this pigeon shit, lol?
Michael, question for you, do a lot of your offers via email from chine look like this… followed by $XXX,XXX offers lol Some times I am not sure what to think but yes LLL and numbers are hot!
” @|(<} we are really hope you will reply for our Email!
How do you do sell your domain name, please?
Want to buy your domain name, give me quote,
thank you
we are really hope you will reply for our Email!
"
@berkens
which brokers worth considering to hire to sell to Chinese market ?
Regarding numerics.. once it goes beyond 4N it’s all about patterns only.. i myself am turning down low to mid four figures on my very premium 7N – 8N domains (8788878, 8878788 and many similar ones) at least once a week from chinese investors nowadays which tells (at least me) a lot about the crazy that’s going on nowadays reg. chinese investors looking for anything seemingly valuable to invest in..
Not on this level… but I am seeing improvement in India.
for meaningful India related names, I am receiving inquiries in the $1000-1500 range. Previously, they used to quote $ 100-200.
Not on China scale, but awareness levels are rising in India also.
Noticed a few months ago that Chinese buyers were starting to buy numerics in the .io extension also-this will be interesting to watch if they keep buying these. Slowly all the great numbers are being taken.
six zero’s as in 000000.io available for smart buyer 😉
Xtra ez to type on phone keypad
I work for a company which has an office in China, and we employ several Chinese nationals in the UK. Over the past couple of years the average Chinese person has become a stock holder…in just about any company they like the sound of.
There is no reasoning behind what they’re buying – they feel that owning stock in a company makes them an entrepreneur; gives them entry to a club that was once only a dream.
Most of these people are going to lose all the money they put in. Many companies are overvalued on the back of these unrational buys.
Whilst some of these domains will be bought with an enduser in mind, I expect the majority wont be.
Look up Japanese Asset Price Bubble – nearly thirty years now and their economy hasn’t fully recovered.
If I were holding names that have no obvious target end users, and I were getting offers that are large multiples of what I thought they were worth 6 or 12 months ago…I’d be setting up escrows like (before?) they go out of fashion.
But…I’ve never made $millions from the domain space…hmmm, I wonder if there’s a way to short the market 😉
I sold a NL.tv to a hong kong buyer back in april for low to mid xxx,xxx…did not report to dnjournal
striker
That does not seem plausible, as the owner of single number and single letter .tv domain names, and two letter .TV’s and having just run the 4.cn ROTD auction where some very good numbered .tv’s were in auction
This has also been a surprise to myself and .CLUB when we saw expiring 3 character names at SnapNames sell for $500 – $1500. Names that even the registry did not think was a premium. Just yesterday, Michael you announced on TheDomains 9999.club for $999 sold on Sedo. Almost every number is being bought in China. Yes, admittingly, at a fraction of the value of .com but still upside surprise for .CLUB. The more we generate the more marketing we can run for .CLUB.
One of my biggest mistakes was selling 888.club early on for a few thousand to a savvy domain investor. I had no idea.
Colin.club
Are you buying .CLUB domains anymore?
Best broker suggestions for a quality numeric domain??
Try Guta.com
Michael, is there e any noticeable change in pronounceable 5L.com market?
Sell, Sell, Sell. (In Jim Cramers voice)
as someone who has owned 25+ LLL.com, I just wanted to say it was way more difficult finding a NNN or NNNN to buy. Those will be the real winners.
I find it very strange since I too own a few 4 letter domains and no actual exciting offer so far. Say for example a buyer was willing to pay upto USD 5k for dypb.com but I declined politely.
I guess it’s not just about the Chinese it’s the buyer-domain match that fetches high prices no matter who buys it.
Having said that, if Chinese are on a buying spree then it’s certainly a good news for us domain owners.
Thank you for this article Michael.
What is the best marketplace to list some LLLL.com domains? Where are the Chinese buyers looking? I own several LLLL.com without vowels and it difficult to find these buyers..
Is anyone on here willing to look at my portfolio and critique it?
-Matt
Yes, please post it here.
ALPHA.BUILD
AZGUN.ATTORNEY
BEEMER.HAUS
BELLAMEAEVENTS.COM
BJJ.EXPERT
CAGUN.ATTORNEY
CANNABISOFTHEVALLEY.COM
CHICKSINKICKS.ORG
CLICKFOR.PIZZA
CONNDROID.COM
CONNOLLYFIT.COM
DANNYDORITO.COM
DELIVER.PIZZA
DISPENSARIESOFAZ.COM
DUTCHBROS.DELIVERY
EO3D.COM
GUSS.PIZZA
H4H4.NET
hover.vegas
IHAVEAGREAT.COM
INFUSE-MY-WATER.COM
ISTHIS.LEGAL
J23.SHOES
JIU-FITSU.COM
KICK.EXCHANGE
KICK.TRADE
LEASEEXCHANGES.COM
luxx.vegas
MACALUSO101.COM
MATT.XXX
MMOPHX.COM
MMPHX.COM
NASTASTRONG.COM
NERDYHAIKU.COM
NVGUN.ATTORNEY
opnweb.com
OUTOFSOCK.COM
P4P.SHOES
PHOENIXKUSH.COM
PHXCANNABIS.COM
pigmanisms.com
PIXEL.PLACE
PIXEL.VEGAS
PIZZAFARROS.PIZZA
PORN-AMATURES.COM
PUSHFOR.PIZZA
RAPIDCERTS.COM
REMOTESSLINSTALL.COM
REVOLT-ROM.COM
SCOTTSDALEGUN.CLUB
SKITTLESORTER.COM
TEMPE.XXX
THESPORTSCONSULTANTS.COM
THREEOLIVESCHERRY.COM
THREEOLIVESGRAPE.COM
WININ.VEGAS
YOURFI.CO
ZIGLOT.COM
I like:
DELIVER.PIZZA
ziglot.com
You could submit ziglot.com to BrandBucket.com, and see what they say.
Your entire portfolio of domain is worth ZERO. I recommend you not renew any of them, and based on the lack of quality in that portfolio, you should probably stop registering domains altogether…you are wasting your money.
I have to agree… You are better off buying short domains from bido.com.
Lol. Ok.
I had an offer from China a couple weeks ago for one of my LLLL for $8k. I wanted $11K.
I haven’t heard from them since. I figured they are not serious…if you can pay $8K…no reasons why you can’t do $11K. right?
$8,000 seems like a good offer. Maybe respond with $10,500.
Stick to your offer. I bet you the Chinese buyer would return in a few weeks (or months) with a better offer. Have experienced this many times with my domains.
Good luck.
IMHO current numerical domains frenzy is a typical example of bubble, it’s only the latest Tulip mania … and the wake up call will be harsh …
“It sure looks like a bubble, but I don’t think so since there are fundamentals to support the prices.
China has been lowering interest rates the government has devalued the currency and Gold which used to be the flight to safety has had several horrible years and shows no sign of life. Plus gold is heavy.
Heavy to carry and subject to custom inspections”
Mike, as equity analyst let me tell you that those factors you mentioned are not “fundamentals”, but just monetary tools inflating the bubble …
About gold, it hasn’t necessarily to be transported to be moved … never heard about e-gold, gold certificates representing a certain quantity of physical gold, etc? …
I’ve been getting lots of enquiries regarding 3 letter .net’s from China also.
Are you getting private offers or through any marketplace?
To answer your question, I am receiving mostly private email offers but I am also seeing lots of recent activity for my 3 letter .net’s listed on Sedo.
22k for 96788.com was from my client, yes, you turned it down. but still looking forward to work with you.
22k? Really?
I must be doing something wrong – i own 15 china premium LLLLs, and not once have i had an offer for over $900, whether by direct offer from chinese buyer or marketplace. Suggestions?
Perhaps you should run a full-page ad in the largest Shanghai newspaper…that would get their attention.
Independent Consultant
well they may feel the same way about you.
if your willing to sell for $11K and he is offering $8K why isn’t the owner taking the $8K
Oren
When you get an offer for $900 how do you respond?
@Michael – actually to clarify – i typically get an offer for $400 and respond asking $1500, but the highest i’ve ever gotten them up to has been $900. $1500 seems the average to what i see the auctions finishing at, and considering those are essentially wholesale/reseller prices, its surprising to me that i haven’t gotten more bites on my asking amount, let alone an offer for less.
I also get constant offers via the marketplaces, at the same lowball amounts, but i assume those are only prospecting US resellers
Oren
Ok so that is your problem
You’re capping yourself off at $1,500 so if they start at $400 and you’re at $1,500 then $900 is basically what your going to get
Ask for more
tell them you will only consider offers in the $xx,xxx range or quote $7,500 at least so you give the buyer to offer more than $900
While I agree with you 100% on needing to ask for more, why do you suppose they still don’t accept my asking price considering it would be much less – am I just giving the domain value a negative perception? I’d think that on a “liquid” domain with premium letters that wouldn’t be an issue?
Dude, wake up and smell the free advice: YOU AREN’T ASKING ENOUGH FOR THESE DOMAINS, SO INCREASE YOUR ASKING PRICES.
Calm down bro
Of course its great advice, but its definitely counter-intuitive on a liquid domain. If they are truly serious buyers at a higher $X,XXX (and I’m ask even more), why would they walk from the $1500 counter? Unless its just that i’m making them think its worth less, which I guess is possible.
DING! DING! DING! We have a winner!
Think commodity. There are a very few buyers for “gems” – most want any CP LLLL.com, does not matter which one. Those spam emails are from mass mailers who always bid very low and stay low. You can get maybe $1200 minus commission at auction, if you want more perhaps wait a little while.
CP LLLLs are very liquid — at ~$1200.
I declined a USD 5k offer on dypb.com. Do you think it was a wise decision?
@Oreon
I don’t think you get the logic behind asking for more.
Do you think most buyers would accept your offer without bargaining? Lol you’re basing your asking price on marketplace sales; I think that’s a fail IMO. Most domains on marketplaces are sold at bargain prices. Bought by domainers and sold for more, especially in private sales.
For instance, an LLLL no vowel domain might sell on a marketplace for $1k, but in a private sale for $10k.
If you would take $1,500 for a domain; ask for $5k — $8k. Leave enough room for buyer to bargain and you would end up getting more $$$$ for your domain.
Short LLL / LLLL / and numeric domains are a hotcake right now, capitalize on that.
Good luck!
Andrea
Yes I know there are e-gold products, etf’s and such that you can take a position in gold without having to take actual possession of gold, but the people I know that have gold want the physical gold in their possession.
having virtual gold usually runs counter to the mental state of big gold bugs
In a true economic catastrophe (which is why people hedge with gold), “paper gold” could possibly be as worthless as, well, the paper it’s written on.
NEVER allow someone else to hold your precious metal investments for you – the industry is rife with fraud.
In an economic catastrophe gold has no value.
It’s after a catastrophe that gold shines…it is after all, a store of wealth.
Oren
If you only want $1,500 for a domain name then list it at sedo, afternic and domainnamesales with a BIN price of $1,488
There no sense negotiating up from $400 and down from $1,500 that is not going to wind up at $1K or so
Its just the way the world works
Moj
I look at your parked page and every result is in chinese that’s a good sign
dypb.cn doesn’t resolve though
Depends on other factors as well, how many other offers you have gotten on the domain in the last 6 months?, how bad you need the $5K? If you need it to renew 800 domains or let them expire then you should take the $5K etc
Given that the name has a Y, I think $5k is not a bad offer at all, Mike.
Michael
Thanks for your reply.
I’m not desperate if that’s what you’re asking. I just wanted to get an idea if the LLLL.com that I possess, is worth more than the offered price. Is it better to wait for a more favourable offer?
I know it’s a tricky question but being in domain business for long you may have an idea.
In regards to LLLLs, we often get offers from Chinese buyers for domains in our portfolio, especially — KUNQ.com (think “Kung”, “Kong” & “Conquer”) which actually contains a vowel but is pronounceable, brandable, and is suitable for all markets beyond just China.
Yes LLLLs are hot right now, thanks to Chinese buyers.
Moj
On average a Chinese LLLL.com is trading around $2,200 right now with no repeaters
What it will be worth in a month or 5 years would just be a guess
Right. That makes sense especially since the industry is so unpredictable. That’s why I’m holding onto my LLLL.com until a better offer comes on the table.