3 ms·
That's some great advice. It is fun to read both sides. I've been on both quite a bit as a buyer and a seller and this is some of the best advice I've seen ou
by ohashi 15y ago
That's some great advice. It is fun to read both sides. I've been on both quite a bit as a buyer and a seller and this is some of the best advice I've seen out there for approaching.
However, I will point out one thing I disagree with.
" The fact is, domains are only worth what someone is ready to hand you a check for. (A tip to all you wannabe speculators.) I've seen many GREAT domains never get sold, so always keep that in mind."
Almost. A lot of those truly valuable names have type in traffic which can be monetized (those landing pages full of links you always see) and can actually make decent money. So when your offer doesn't line up with the expected income stream of the domain over time, it doesn't matter how long I wait to sell it. It earns money every day, every month, every year.
Of course, most domains don't earn anything or get any real type in traffic.
It's also funny to watch the evolving arms race of owners vs buyers and the tactics used. It's constantly changing and people are improving on both sides. If a bunch of people start using this exact template, domainers are going to look at this and try and take you for more. Figure out this exact play (it's not all that unique). Domainers holding really good stuff know how to wait indefinitely for a buyer. Some of these guys have been doing it for over a decade. One lost sale may not fit into their business model of getting super high prices when they own 5000, 50000 or 500000 names.
- jacquesm 15y ago> So when your offer doesn't line up with the expected income stream of the domain over time, it doesn't matter how long I wait to sell it. It earns money every day, every month, every year. This is very true. Also: one domain sold for the right price makes up for a decade of fees for 100's or even thousands of domains.
- ohashi 15y agoYup. For the big guys it's purely a numbers game. You may not pay 5k, 10k, 100k, but someone will, for some of their names and with a big enough portfolio. It will work out assuming some minimum level of quality. Parking revenue is just icing on the cake.