James Iles

Top Topics: A Four-Letter .COM Sells for $22,500; Domainers React to Mike Mann's Latest Sale...

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By James Iles,
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  2. James Iles

    James Iles NamePros Writer PRO Gold Account VIP Trusted Blogger

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    Leading domain industry conference NamesCon is scheduled to take place in Las Vegas from January 28th through to January 31st. If you are attending, then you may be interested in the "Name Behind the Pro" meetup, hosted by GoDaddy. On Monday, January 29th from 3:30-5pm PST in the Nine Fine Irishmen bar, you'll get the opportunity to meet up with fellow NamePros members. More details are available in this discussion.

    Here are this week's Top Topics.


    Domainer’s React to Mike Mann’s Latest Sale

    At the beginning of this week, domain investor @Mike Mann revealed the news that he sold the domain CryptoWorld.com for $195,000. It turns out that Mike increased the “buy now” price of the domain several times before ultimately selling the name, which he acquired in 2011 for just $15.

    With cryptocurrency being such a hot topic at the moment, the sale has sparked a lengthy conversation about the value of this domain name and crypto names in general.

    Topic by: @Michael M


    toptopics.jpg
    Why Do Investors Dislike New Extensions?

    New domain extensions (new gTLD’s) have been in existence for several years. According to ntldstats.com, .LOAN, .XYZ, .TOP and .CLUB are the only four new extensions that have more than one million registered domains.

    However, a fairly large portion of investors do not buy new gTLD’s and some actively discourage others from buying them, too. In this discussion, a domainer has asked exactly why investors dislike new gTLD’s. What do you think?

    Topic by: @Premiums


    Poll: Do you Follow Up With Your Leads?

    It seems that many investors practice outbound domain sales in order to produce deals that may not have been possible otherwise or to keep a cash flow for future investments.

    Often, outbound sales can immediately produce sales, whereas on some occasions a follow-up message may be required. This poll and subsequent discussion asks investors for their opinion on following up with outbound targets.

    Topic by: @Amzymayor


    Do Startups Prefer .IO to .COM?

    The .IO domain extension is the country code domain for the British Indian Ocean Territory, but in recent years it has become a popular destination to host the websites of many startups. In the past couple of years, startups such as FirstBlood and Gate have paid five-figure sums to acquire FB.io and Gate.io respectively.

    Do startups really prefer .IO to .COM? It seems a lot of new companies may start out on a .IO domain before eventually upgrading to a .COM, possibly with the help of venture capital funding. Our ongoing Domain Data series has documented the popularity of .COM domains amongst startups, but has also regularly shown that .IO is a popular alternative.

    Topic by: @CollinsKele


    I Sold a Four-Letter .COM for $22,500

    This domain investor has had an excellent start to the year after revealing the sale of a four-letter .COM domain for $22,500. The name, listed in the discussion, was sold at Afternic on January 16th with the funds being dispersed within just two days.

    According to NameBio, this sale will be the second largest four-letter .COM deal of 2018 so far. The leading sale is HUBX.com for $25,000.

    Topic by: @Recons.Com


    Top Topics of the Week is a blog series featuring the most popular discussions and content within the domain community. Tune in weekly to see what’s trending!
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
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  5. James Iles

    About The Author — James Iles

    Writer for NamePros.com, domain name investor and broker. For all inquiries relating to stories and interviews, please email: [email protected]

    This is James Iles's 499th blog post on NamePros. View all blog posts

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  6. Comments (7)

  7. Steven McEvoy

    Steven McEvoy BusinessSilo.com VIP

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    Great, now domainers are going to try and sell a LLLL.com for thousands again....
     
  8. Mr. Deleted

    Mr. Deleted mrdeleted.com VIP ★★★★★★★★★★

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    Hey man, how you been? I have 4 of those, and would be happy to get the max for my investment, so if I can sell them for XXXX or higher, I would be OK with that. One such name I had put up for appraisal on a site and I got a median appraisal of 1000 from 37 people.

    Mean: $ 11,756
    Median: $ 1,000
    Highest: $ 300,000
     
  9. Mr. Deleted

    Mr. Deleted mrdeleted.com VIP ★★★★★★★★★★

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    oops I have 6
     
  10. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Not necessarily....... We can easily get those prices if someone wants the domain. That's the problem, so many 4 letters are useless to businesses. It has to be a direct acronym hit or a word that makes sense for business. Things like QVXE will always be worthless unless a company comes along called Quest Victory Xray Equipment or something. Odds of that are pretty slim because the letters are so obscure.
     
  11. Mr. Deleted

    Mr. Deleted mrdeleted.com VIP ★★★★★★★★★★

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    The letters I got that appraisal for was MVNN, and while most Vs are bad, Mountain View would be a good play for that name. Add the fact that its double letters, I think that helped its value somewhat.
     
  12. Steven McEvoy

    Steven McEvoy BusinessSilo.com VIP

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    I was talking about wholesale value not enduser pricing
     
  13. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Gotcha I see that now (y)

    Had to look twice to catch the implied sarcasm :xf.cool:
     
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