ouch that's a painful renewal isn't it. Depends on your situation, I personally wouldnt without a trust fund but I'm new so take that with a grain of salt
At the current market conditions, two letter .tv names are selling for mid to high x,xxx. You can find some decent xx,xxx sale of some two letter .tv names.
us.tv was dropped yesterday by the previous owner. It was at $4,000/yr before the drop. Now, the registry has increased the renewal fee from $4,000/yr to $5,000/yr.
I spoke about this one with another member for a while yesterday but in my eyes the renewal was too much to simply buy to resell.
If you have a development plan then the $5k yr renewal is now impossible as obviously this domain has incredible potential.
DO you have any plans for it?
Did you try negotiate a discount if you renewed for 2 years upfront? I dont know if they still offer these discounts, i know another member posted recently that all discounts are cancelled but i dont know for certain.
Good Luck with this whatever you do.
Ronnie
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Scotland.tv | Belfast.tv | Paraguay.tv (all under $500 yr renewal)
Interested? PM me & we can talk
My Portfolio: RonnieTv.com
Definately a great name but the $5k/year is a bit of a killer if you're gonna just hold for resale without development. Are you planning on developing at all?
You can easily make $5K a year with it. Offer free domain registrations (subdomains). Offer free dns service, email etc. Free ad supported hosting.. start your own free tv channel. Billions.
As many already said, if you have a develop plan, then congrats.
If you just hope to hold it for few years and sell it with a higher price.
You probably need to take a look of following table.
2) How much money do you have?_____________________________________________ ___________________
If you plan on developing it, and have lots of money, then neither of the above apply.
If you plan on developing it, and don't have lots of money, will you be able to keep up with the $5,000 a year to register it?
++++++++++++++++++++++++++++++++++++++++++++++++++ +++++++
If you bought it to resell, then you can hope you sell it within the first year, for more than $5,000 to make a profit.
In the second year, you will have to sell it for more than $10,000, to make a porfit.
In the 3rd year, you need to make more than $15,000, in the 4th year more than $20,000!!
__________________________________________________ _____________
I think US.tv has great potential, but at $5,000 a year, it always a gamble. The longer you keep it, the more money YOU HAVE TO MAKE, to make a profit, or even break even.
Also UV.tv $4,355 $400 $3620 (sedo fees also)
James illustrates a good point. The more the reg fee, it doesn't always mean a larger profit. You odds are better with a smaller reg fee.
It seems that US overwhelmingly brings up United States, not a bad Acronym if you ask me!
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If so then the $5k should not be a major concern though developing something like this to a high standard will cost big money.
I'd love to hear what your plans are for this domain.
I think i am right in saying that the general NP .tv forum view is that it is a good buy IF you have the funds, resources to develop this to a high standard BUT if you have bought purely to flip then it is risky.
Let us know what your thinking if you can, i'm very interested to hear your plans.
Good Luck,
ROnnie
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Scotland.tv | Belfast.tv | Paraguay.tv (all under $500 yr renewal)
Interested? PM me & we can talk
My Portfolio: RonnieTv.com
I guess this is your answer! It was well worth the reg if you can make $1000 on a few day hold!
__________________
Tobaccos.tv - $60 bid here pushes it to auction!
Perfomances.TV Chapels.TV Retiring.TV Nutritionists.TV Technicians.TV LifeGuard.TV Paleontology.TV Memorials.TV Marathons.TV Censor.TV & many more for sale! PM me