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"Short" Domain Discussion Generally defined as easily resalable domains of 5 characters or less -- LLL, LLLL, L-L-L, 2c, 3c, acronyms, etc

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Old 11-15-2008, 04:38 PM THREAD STARTER               #1 (permalink)
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REX.COM - Your Thoughts?


Hi Folks,
Since this is a discussion area for short domains, I thought I would pose some questions to you folks here;

1. What is your appraisal value thoughts on REX.COM
2. What is your acronym thoughts vs. dictionary definition, i.e. to be King; to domineer
3. What do you think are comparable domain names to REX, if any.

The domain is currently for sale, and has been available for purchase for some time now. We are going to keep it available for sale until the end of the year at which time we will probably embark on launching the domain into development if a sale does not happen.

We are not necessarily 'domainers' in your typical sense of the word I guess, but we a decent portfolio of niche domains which we are developing. We thought it would be interesting to receive some feedback from you folks here on REX.COM in general.
????: NamePros.com http://www.namepros.com/short-domain-discussion/533749-rex-com-your-thoughts.html

All thoughts and feedback are appreciated.
Regards
Joey
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Old 11-15-2008, 04:56 PM   #2 (permalink)
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I think this domain has been on the market way too long, almost every domainer knows this one is for sale.

Apparently there are no interested domainers in the price region you want to sell it for, so I'm advising you to put this domain back in the domainfridge for a year+ or send it to auction.

I think this is a really brandable domain, worth at least high $xx,xxx - low $xxx,xxx but the current market probably isnt ready for it, so if you're in need of a sale, auction it off or just keep it off the market for a while and try again later.

Just my $0.02
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Old 11-15-2008, 05:01 PM THREAD STARTER               #3 (permalink)
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Originally Posted by Toilet Monster
I think this domain has been on the market way too long, almost every domainer knows this one is for sale.
????: NamePros.com http://www.namepros.com/showthread.php?t=533749

Apparently there are no interested domainers in the price region you want to sell it for, so I'm advising you to put this domain back in the domainfridge for a year+ or send it to auction.

I think this is a really brandable domain, worth at least high $xx,xxx - low $xxx,xxx but the current market probably isnt ready for it, so if you're in need of a sale, auction it off or just keep it off the market for a while and try again later.

Just my $0.02
TM, thanks and I agree with you for the most part. I was not trying to sell it here, just trying to get some general feedback on value, acronym and comparables. We're not in need of a sale per se which is why we havent sold it for a song. We've had lots of interest, even from domainers, but none have reached the value we hold ourselves on the name. We do appreciate your $.02 though! Thanks, Joey
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Old 11-15-2008, 05:14 PM   #4 (permalink)
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Originally Posted by joeyhavlock
TM, thanks and I agree with you for the most part. I was not trying to sell it here, just trying to get some general feedback on value, acronym and comparables. We're not in need of a sale per se which is why we havent sold it for a song. We've had lots of interest, even from domainers, but none have reached the value we hold ourselves on the name. We do appreciate your $.02 though! Thanks, Joey
I really wish you good luck with the sale, it's a golden domain!
????: NamePros.com http://www.namepros.com/showthread.php?t=533749

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Old 11-15-2008, 05:41 PM THREAD STARTER               #5 (permalink)
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Originally Posted by Toilet Monster
I really wish you good luck with the sale, it's a golden domain!


????: NamePros.com http://www.namepros.com/showthread.php?t=533749
Thanks TM! I've always thought so too
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Old 11-15-2008, 06:44 PM   #6 (permalink)
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Overpriced.
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Old 11-15-2008, 06:50 PM THREAD STARTER               #7 (permalink)
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Originally Posted by NameGuy
Overpriced.
Appreciate your input, but I didnt place a price in here.

So, if you feel it's overpriced, what would you price it at NameGuy?
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Old 11-15-2008, 07:43 PM   #8 (permalink)
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The max I would pay would be 25K. Anything over 50K is IMHO unrealistically overpriced. Asking over 100K is IMHO absurd.
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Old 11-15-2008, 07:46 PM THREAD STARTER               #9 (permalink)
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Originally Posted by NameGuy
The max I would pay would be 25K. Anything over 50K is IMHO unrealistically overpriced. Asking over 100K is IMHO absurd.
Thanks for the input NameGuy. Can I ask what are you basing your appraisal on?
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Old 11-15-2008, 07:53 PM   #10 (permalink)
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Being a domain buyer and seller for 12 years. If you really want to sell it, which I take it that you do since its been listed everywhere for years, then I suggest scaling back your expectations. Price it at $60K or so and reduce it gradually until sold.
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Old 11-15-2008, 07:59 PM THREAD STARTER               #11 (permalink)
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Originally Posted by NameGuy
Being a domain buyer and seller for 12 years. If you really want to sell it, which I take it that you do since its been listed everywhere for years, then I suggest scaling back your expectations. Price it at $60K or so and reduce it gradually until sold.

Thanks again for the input NameGuy, it really is appreciated. But again, can I ask what it is that you are basing your appraisal value on?
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Old 11-15-2008, 08:01 PM   #12 (permalink)
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$25k?

How many sales of 3-letter first-name .com domains have gone for $25k? $50k?

You admittedly know a ton more about domains than I do, but that sounds like a random number.
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Old 11-15-2008, 08:03 PM   #13 (permalink)
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Originally Posted by joeyhavlock
But again, can I ask what it is that you are basing your appraisal value on?

he just told you. experience... what else would you base an appraisal on?
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Old 11-15-2008, 08:11 PM THREAD STARTER               #14 (permalink)
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Originally Posted by mjnels
he just told you. experience... what else would you base an appraisal on?

I would assume in part based possibly on revenues, the letters themselves, real word value, acronym value, potential end-users, and maybe age as well as comparable recent and past sales to begin with, much less brandability and marketability. Experience would definately be one component I guess, but being that we have 5 solid current offers recently just from domainers in the forums over the high price that NameGuy gives the name, we are just curious as to how his values are acheived.
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Old 11-15-2008, 08:54 PM   #15 (permalink)
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25 is what *I* would pay. If I'm going to spend more than that, I'm going to buy something else. But I would expect you can get 50 for it based on the offers I've seen. It's a good name, just not quite as good as I believe you think it is based on the price you've been asking. You've been trying to sell it for a long time. It seems if it was really worth your asking it would have sold by now. If you really want to sell it, lower the asking. Otherwise, hang onto it for a few years and maybe you can get that much. Domain prices are depressed right now. It's a good time to buy - not sell. Maybe I'm wrong, its all subjective anyway and also finding that one buyer willing to spend big bucks. Case in point, the sale of abl.com recently selling for 50K. Good luck to you with the name.
Last edited by NameGuy; 11-15-2008 at 08:58 PM.
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Old 11-15-2008, 09:11 PM   #16 (permalink)
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It's a great name,
and probably worth the lower 6-fig asking price.

However,
Not many of us are shelling out $100K/$200K etc
for speculative domains (8 months ago... yes).

REX is an awesome name, very brandable,
but it's only VERY valuable to these people:
"Rex" companies who absolutely must have their
domain name
OR
People with a defined plan for a site, in which REX would fit perfectly.

Unfortunately, a certain product or service doesn't present itself automatically with the REX name... so
it would be difficult to see a return on an investment without
more money spending on promotion (as in the case when you buy ANY domain).

I have a few "REX TYPE" domains...

Great names... but no specific product or direct use associated with the name.

Worth $100K?
Absolutely.
Worth $100K in today's economy?
Yes.
Worth $100K to domainers?
Ehhh. maybe.
Worth $100K to someone without a well defined plan
for the name or the need for a killer name for branding.
No.

Just my opinion.

(which is what was asked of the original post)
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Old 11-15-2008, 09:24 PM   #17 (permalink)
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Well let me put it this way....if i culd spend 25k i would buy it right away......if the price would be 50k and i would have that kind of money i would spend it as well.....but in this kind of mess economy wise, i don't know :-)....thats just because my dog is named REX..LOL


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Old 11-15-2008, 09:25 PM   #18 (permalink)
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Agreed.

$25,000

It's a no brainer.

But joey would be giving it away for that price
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Old 11-15-2008, 11:32 PM   #19 (permalink)
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Originally Posted by joeyhavlock
REX.COM - Your Thoughts?
I don't know much about LLL.com names, sorry, but if you happen to find a buyer who has a last name starting with F please be sure to mention my RexF.com to him for a possible 20% commission
????: NamePros.com http://www.namepros.com/showthread.php?t=533749




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Old 11-15-2008, 11:51 PM   #20 (permalink)
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be patient until an end user come.
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Old 11-16-2008, 12:04 AM   #21 (permalink)
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As has been mentioned, it has been for sale a looooong time!, But we all agree you could sell it any day of the week.

Obviously it is your choice, you either meet the market (the buyers), or develop it if you are not willing to. It dose seem a waste of a domain being in limbo all the time.

In my opinion, rex.com would make a great site about dogs. But the niche is probably overdone, so it would have to be develloped to a high level for best effect.

Otherwise it could be branded into anything you want. Just needs to be used for something IMO. Good luck with it.
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Old 11-16-2008, 12:09 AM   #22 (permalink)
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It's an awesome domain. Very impressive!

But it's over promoted in domain communities. I have seen it too many times but there's no deal closed. To be honest, I'm a bit annoyed to see it everywhere again and again from DNF to NP. (Please don't take it as offense)

The domain can reach 6 figure to the right end user for sure! And there are lots of potential deep pocket buyers there. You just need to be a little more patient and wait for the right offer comes in. A decent domain like Rex.com does worth the long waiting unless you do need to cash it asap. Or you need to lower the asking range to around $30k - $50k if you want to close a deal in domain forums.

Good luck!
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Old 11-16-2008, 12:16 AM   #23 (permalink)
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$100,000.00 I would pay gladly, if I had it.

An "Overpriced" product/service means that it is priced too high from the viewpoint of an individual or a group.
It is purely a matter of opinions, thus - An example of subjectivity.
And, as we all should know, opinions are believed or not.
Imho, the term "Overpriced" is used too often and too emotionally.
????: NamePros.com http://www.namepros.com/showthread.php?t=533749
"Overpriced" is imho not a business concept.
"Crappy" domains don't exist: Look at tdnam.com - tucows.com - msnbc.com - cj.com - cs.com - asseenontv.com - etc.
Eventually, everything gets sold.
Technically, any domain can be used for any purpose - At least as a redirect.
Trade is more dan buy low - sell high(er) ... It takes strategy, too.
Appraisals are just opinions, based upon personal ideas about the considered elements.
There is no global standard, and it hopely never will.
Who are they, to say what we should pay for something?
Right: The competition!

Rex.com is a nice example for a Empty Vessel domain.
Sooner or later, somebody do will pay any price to have it.
So seller and buyer both will be happy.
Isn't it that what we domainers are looking for?
The more, the better.
I wish You all the best!

And no, I am not related to the people that own rex.com.
I just sell domains ...
I pay what is asked, negotiate, or forget about it.
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Old 11-16-2008, 02:05 AM   #24 (permalink)
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It is a great domain, and I agree that it is easily worth $25K or more. But like others, I wish I heard a lot LESS about it. Almost all of joeyhavlock's 90 Namepros posts are attempts to sell rex.com at well above reseller prices (which is why every sales attempt has failed). There is nothing wrong with asking high prices on the sales threads (lots of people do it), but I wish Joey would stick to the sales/appraisal boards. He certainly knows where they are since he constantly flogs rex.com there too. The short name DISCUSSION forum is not for desperate attempts to sell your own domains.
????: NamePros.com http://www.namepros.com/showthread.php?t=533749

Still, I wish Joey great success in selling the domain name ... so I don't have to keep hearing about it on the forums .
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Old 11-16-2008, 02:31 AM   #25 (permalink)
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I have to agree with Nameguy. Honestly Joey, I would take it off the market until the economy recovers -- we can all agree to disagree on whether it's overpriced above a certain price or not, however when it's constantly being put for sale and being asked about, to us domainers that suggests it's overpriced because it's just not finding a buyer.
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