Wow, amazing article as always @Bob Hawkes .
Right now I think it's zero, as I've either sold them off or dropped them to push the money over to expired domains.
I chose less than 20%, but really, it is even closer to 5%.
It came as a surprise, that over 55% of the poll participants have 60%+ handregs in the portfolio and 42% of total has 80% handregs.
I wonder how it correlates with the other poll that showed about half of participants are not making profit.
Trump says Elon Musk is like Thomas Edison: 'He's one of our great geniuses'
and I regd GreatGeniuses.com
I saw the news about Digital Dollars and regd DigitDollars.com
I have hand registered everything and if i bought a domain for its traffic value it had zero domain value. I have bought namess that were dead links on popular sites also crap but traffic value. The only decent names i have are hand registered along with some stupid thoughts.
It seems that 80/20 rule apply here
Loved it. Thanks for sharing Bob
Another great article👍
I like the last line - I've sold some hand-regs, but I know they're a gamble. Thanks for the post!
I don't think that there is a correlation. It's harder to make money from hand reg's but is also harder to loose money from hand reg's. Paying $3-$5 for a hand reg, the risk to loose money is pretty low, you could always liquidate your $5 hand reg's for $50-$100 each, at afternic/godaddy/sedo, if yo have at least a few months domaining and a good eye for a hand reg. Think about it, try to think at 10-20 hand reg that you think that are at least average and there could be a buyer for it. Again, the risk is low, but the reward could be low as well, so you need a strategy, as in every business. Regarding cheap auction/pending deletes, paying $59-$79 for one domain, your risk will rise exponentially, but also the reward could be bigger. Paying $59 for a domain, means that you could not liquidate them for $50-100, so if you are forced to drop, your loss will be higher. It could be a good thing to have a thread, to see the one's who are losing money, for how long they are in domaining and if they deal with hand reg's or aftermarket/auctions/pending deletes.
And I don't doubt what you are saying. You obviously have a great eye and can make it work. But, I made a "rule of a thumb" type of observation here, meaning many newbies or even some who shouldn't be a newbie anymore that keep buying handregs, only because it feels cheaper.
$59 backorder is certainly no sign of quality stamp. I see lots of trash picked up like that too and probably could find something similar/better at $8 from hand regs.
So we agree, sending a newbie/ oldie, who can't do a proper hand reg, to do a backorder/auction for $59, could be a recipe for disaster. Also, he can't do only one, he needs at least a few tens/hundreds to make it work, so he could loose big. The proper way will be to learn first the value of a domain by doing some decent hand reg's and if everything is working fine, you can advance to closeouts, auctions, backorders and so on.
Absolutely! You have to know how to valuate a name, and I don't mean the automated tools. I snapped for $19 Cecond/com yesterday and I love the name, probably would bid low $xxx for it. Lucky for me, the automated tool did not recognize the value as much, so it slipped through the cracks.
Then I see the names that get bid up to mid xxx$ or $xxxx, and those are absolute head scratchers, driven by false valuation, HD and other automated big buyers, and 2 nuts trying to overbid each other from there...
Age is no indicator of value or an indicator/guarantee on if it will sell or not or even if its actually a great name. Thats why we have 20 year old domains still not in use. The only thing age is helpful for is justifying a high selling price and for faster ranking.
I think people/end users either want a name or not. They don’t care when it was registered, how many times it dropped or sold,etc. Only domainers care about that. A person choosing a business name cares about getting the name they want and if they can afford that name or not.
There is probably a strong correlation. I have had people send me their lists for help with brokering and I have also seen thousands of dropped/expired names and it's sad to see so many people spend money on worthless domains.
My other advice to new domain investors would be to start slow until you know what you are doing.
I think of it this way:
Most of the good names with few exceptions have been registered. Billions of people have brainstormed names for 25+ years now and if no one touched it, either it is trash or you are genius and visionary. Now, there are also names that are good and got dropped (forgot to renew, went out of business etc). For the name to get to the expired ones and available for hand reg, it has to slip through the cracks at auctions, backorders, closeouts etc. and also not to be snatched during the first day of availability. That pretty much filters out absolute majority of worthy ones. Can you still find a great name? Sure. Just you have to exchange lots of your time looking, analyzing, checking etc. to find the hidden gems.
Separate names with a comma.