Buying new, never used domains is discouraged?

ColorfulDomains · 01-15-2010, 06:26 AM

I read your "word of advice" manual, but haven't found a clear statement to whether this is discouraged, and why.

By buying new, never used domains, I mean purchasing "this domain is so great I can't believe its free!" domains from godaddy for 10$ a piece.

Thanks for clarifying that.

exsedo · 01-15-2010, 10:19 AM

I wouldn't say it is discouraged, more that it is not advisable without researching the domain.
If you use a registrar who provides a refund window, you could rush in and register then do the research afterwards. Usually there is a reason why these too good to be true names are available, otherwise it would be snapped up before you got to know about it

sdsinc · 01-15-2010, 10:50 AM

Buying fresh regs is fine, as long as you don't expect to find gems that you can easily resell for huge profits.

robdocherty · 01-15-2010, 11:18 AM

I feel you CAN find gems, IF you know how to sell an idea to a potential buyer. It's all about where you're marketing it and if that person that has an interest in building it out or wants a domain with a larger history.

I buy domains to build then sell down the road. So buying for a bargain IS possible, I've done it many times myself. Just don't spend money to spend it, make it a calculated risk.

mjbenterprises · 01-15-2010, 11:25 AM

When I regged AlgaeBasedBiofuels.com last summer, it had never been registered before......And now, the .net and the .org have been regged by someone else.... That tells me something.....

the_poet · 01-15-2010, 12:19 PM

Originally Posted by sdsinc

Buying fresh regs is fine, as long as you don't expect to find gems that you can easily resell for huge profits.

I totally agree. I think every starter should ALWAYS keep this in mind. When I started registering domains, I thought I could be lucky enough to find gems like the ones that sell for millions available for hand registration. Truth is you can still find good names, but that requires a lot of research and you'll be finding just *good* names, not premium though.

thizzle · 01-15-2010, 07:33 PM

No, it just means you will have to wait alot longer to appear in higher in search results

robdocherty · 01-15-2010, 09:02 PM

nice response thizzle. I loled. Thank you.

I stand by my statement above.

barefoottech · 01-18-2010, 12:26 PM

remember 1 thing , if no one ever regged NEW names then we would just keep inflating the value of existing names.

ALso remember that NEW ideas often need NEW names

Twitter.com was a New Registration not that long ago

DavidH · 01-24-2010, 10:29 AM

If you have specialist knowledge in a particular area it is quite possible to be able to hand register new domain names which have value, which other mainstream domainers may have missed because they did not know that particular niche.

I have sold to end users in specialist areas new registered names that had good Google Adwords search criteria and which met their commercial needs.

01-15-2010, 06:26 AM	THREAD STARTER #1 (permalink)
ColorfulDomains New Member Join Date: Jan 2010 Posts: 21	Buying new, never used domains is discouraged? I read your "word of advice" manual, but haven't found a clear statement to whether this is discouraged, and why. By buying new, never used domains, I mean purchasing "this domain is so great I can't believe its free!" domains from godaddy for 10$ a piece. Thanks for clarifying that.

01-15-2010, 10:19 AM	#2 (permalink)
exsedo Senior Member Join Date: Jun 2008 Location: England Posts: 2,668	I wouldn't say it is discouraged, more that it is not advisable without researching the domain. If you use a registrar who provides a refund window, you could rush in and register then do the research afterwards. Usually there is a reason why these too good to be true names are available, otherwise it would be snapped up before you got to know about it __________________ Unenforceable Loan ?-Desktop 3D Printer- Top 20 Coupons

01-15-2010, 10:50 AM	#3 (permalink)
sdsinc Domains my Dominion Join Date: Aug 2005 Location: Web 1.0 Posts: 9,956	Buying fresh regs is fine, as long as you don't expect to find gems that you can easily resell for huge profits. __________________ NameNewsletter.com - free lists of available domain names ZoneFiles.net (beta) - ccTLD and gTLD droplists

01-15-2010, 11:18 AM	#4 (permalink)
robdocherty NamePros Member Join Date: Jan 2010 Posts: 132 Follow @domainflipguy	I feel you CAN find gems, IF you know how to sell an idea to a potential buyer. It's all about where you're marketing it and if that person that has an interest in building it out or wants a domain with a larger history. I buy domains to build then sell down the road. So buying for a bargain IS possible, I've done it many times myself. Just don't spend money to spend it, make it a calculated risk. __________________ DomainFlipGuy.com - The Ultimate Domain Addict! DomainFlipForum.com

01-15-2010, 07:33 PM	#7 (permalink)
thizzle New Member Join Date: Jan 2010 Posts: 11	No, it just means you will have to wait alot longer to appear in higher in search results __________________ Advice to Find a Domain Name

	LeadRefs	Forum Sponsorship
	New to the domain business? Start making money now by flipping expiring domains! LeadRefs.com has daily lists of the top expiring domains with potential buyers already generated for you.

01-15-2010, 11:25 AM	#5 (permalink)
mjbenterprises NamePros Regular Join Date: Sep 2008 Posts: 737	When I regged AlgaeBasedBiofuels.com last summer, it had never been registered before......And now, the .net and the .org have been regged by someone else.... That tells me something.....

01-15-2010, 09:02 PM	#8 (permalink)
robdocherty NamePros Member Join Date: Jan 2010 Posts: 132 Follow @domainflipguy	nice response thizzle. I loled. Thank you. I stand by my statement above. __________________ DomainFlipGuy.com - The Ultimate Domain Addict! DomainFlipForum.com

01-18-2010, 12:26 PM	#9 (permalink)
barefoottech The MINISITE King Join Date: May 2005 Location: QTHR Posts: 4,594	remember 1 thing , if no one ever regged NEW names then we would just keep inflating the value of existing names. ALso remember that NEW ideas often need NEW names Twitter.com was a New Registration not that long ago __________________ Studio51 Sites! Often Copied Always Amazing Never Bettered.

01-24-2010, 10:29 AM	#10 (permalink)
DavidH Senior Member Join Date: Aug 2003 Location: Durham, UK Posts: 1,126	If you have specialist knowledge in a particular area it is quite possible to be able to hand register new domain names which have value, which other mainstream domainers may have missed because they did not know that particular niche. I have sold to end users in specialist areas new registered names that had good Google Adwords search criteria and which met their commercial needs. __________________ www.WildcatDomains.com

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)