These sales figures are nothing to do with the majority of NamePros users. Mike's portfolio runs into the hundreds of thousands of domains. They are irrelevant because no Namespros member can accumulate that number of domain names.
Looks like riseup.org is being developed.
With due respect, I fully disagree.
Although I understand your point that we're not in the same game and same level, it does allow to give legitimacy to domain values. Even if you won't ask for 35k for your domain, you can comfortably offer at 5-7k as there a precedence.
Most of them are still inactive and some are even pointing to DomainMarket nameservers.
Interesting I must complete the reading
imo, Mike Mann's great success is from it being a numbers game combined with having the capital to allow him to hold out for top dollar to end-users. When you have 100s of 1000s of domains a certain percentage will sell to a business who simply must have the name for a new division, change of business name, new product, expansion or going international to dot-com from the another ext such as a country code, etc.
Mike is in the TOP 1% of ALL THE GREAT domain investors out there.
He only REPORTS what HE wants.
My educated guess is he sells easily another 3-4 names/day that he doesn't report and for smaller amounts.
Quick math also tells me he is very profitable and that's just from the monthly sales he reports.
300k names x $8 renewals= 2.4MILL / 12 that's $200,000USD/month to break even for him.
He's said himself that it's not currently profitable for him. He' even considers himself cash poor and asset rich. He's doing this in hopes of selling the entire portfolio to an investment group or big player like GoDaddy.
A stupid question, why he didn't operate his own registrar?
Only haters say FAKE!
Separate names with a comma.