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James Iles

Top Topics: Palace.com Sells for a Reported $306,000; A $30,000 Sale Thanks to LinkedIn...

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By James Iles, Feb 22, 2020
  1. James Iles

    James Iles Writer/Consultant/Broker PRO VIP Gold Account Trusted Blogger ★★★★★★★★★★

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    Broker James Booth announced his latest sale this week, Palace.com, a name that has been picked up for development by a casino, according to a tweet from James.

    Booth also revealed the sales price of the domain - $306,000, which would rank as the highest sale on DNJournal’s 2020 chart to date. It’ll be fascinating to see how the Palace.com domain is used.

    Here are this week’s Top Topics.


    A $30,000 Sale Thanks to LinkedIn

    LinkedIn is a prime venue to connect with new and existing contacts, and it’s the perfect place to expand your professional network. It turns out that LinkedIn is also useful for domain sales.

    Epic CEO Rob Monster shared a $30,000 sale that wouldn’t have been possible without the social network.

    The domain, sold by NamePros founder @RJ, is a letter/number combination name, with the sale facilitated by Monster thanks to a follow up on LinkedIn from a previous inquiry. More details of the sale are available in this discussion.

    Topic by: @Rob Monster


    Doing the Right Thing by Passing on $35,000

    A $35,000 pay day is something that very few of us would voluntarily turn down, especially when the alternative is earning $0. However, that’s exactly what one investor did this week, and they shared their story with the community.

    Long story short, the investor turned down the opportunity of making a swift five-figure profit in order to do what they thought was a morally correct move. Ultimately, doing the right thing is usually better in the long run than making more money.

    Topic by: @Arfy


    Email Leaks - From .CO to .COM

    The .CO extension is a favorite among some end users as a lower cost alternative to either a very expensive .COM, or a name that’s entirely unattainable. However, one of the common problems with a .CO domain is the potential for potentially sensitive emails to be accidentally sent to the equivalent .COM.

    One investor has noted that they are receiving emails to a .COM domain name that they own, thanks to the popularity of a website hosted on the .CO equivalent. Is this a common problem?

    Topic by: @Internet.Domains


    What Happens to Leads Via Afternic?

    Afternic, GoDaddy’s own marketplace, is a popular destination for domain investors who are looking to sell their names to end users since Afternic has a wide network in place to help you sell your domains. Thanks to their MLS (multi listing service), Afternic domains are syndicated to multiple registrars. If a buyer is interested in a domain, it’s common for a price request to be filed.

    But what happens to these price request leads at Afternic? Are all leads managed by GoDaddy’s brokers? Here, we find out thanks to some candid buyer perspectives, and there is also some chat about general strategy for effectively using the platform.

    Topic by: @Silentptnr


    How Much Money Did You Start With?

    Domain name investing is a fairly uncommon industry because the monetary barrier for entry is so low. Whilst there are investors such as HostGator founder Brent Oxley who have spent millions to establish a portfolio in a relatively small amount of time, there are thousands more who start off with budgets of next to nothing.

    In this discussion, domainers are prompted to share the amount of money that they started with to invest in domains. There are plenty of investors who have started out with one or two-figure budgets.

    Topic by: @Arpit131


    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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  4. James Iles

    About The Author — James Iles

    James is a domain name industry professional currently working on numerous domain industry research, acquisition and sales projects. Contact james (at) jamesiles.co.uk For all inquiries relating to NamePros stories and interviews, please email: [email protected]

    This is James Iles's 702nd blog post on NamePros. View all blog posts

    Home Page:
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  5. Comments (11)

  6. TERADOMAIN

    TERADOMAIN TeraDomain.com VIP

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  7. The Durfer

    The Durfer Top Contributor VIP Gold Account Blue Account

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  8. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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  9. cdboard

    cdboard Top Contributor VIP ★★★★★★★★★★

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    the Sussexes didn't buy this one? :)
     
  10. Sinh

    Sinh Top Contributor VIP

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    Thank you for your sharing.
     
  11. Samer

    Samer Top Contributor VIP

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    I usually make fun hurt due “dislikes”... but
    Arpit131 please explain why give a dislike?

    Thanks, James,

    Samer
     
    Last edited: Feb 23, 2020
  12. Arpit131

    Arpit131 Top Member Epik.com Staff VIP

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    I hit the wrong button. Thanks for bringing it to the notice
     
  13. Samer

    Samer Top Contributor VIP

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    Lol my bad, maybe the random one with Bob
    is mistake too.. (not u) Removed @ in post cuz i didnt mean disrespect, just genuinely curious.

    Thanks for changing!
    Samer
     
    Last edited: Feb 23, 2020
  14. Pay.My.id

    Pay.My.id Established Member

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  15. Zagalee

    Zagalee Established Member

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    Thanks for sharing this amazing thread.
     
  16. surajrainamit94

    surajrainamit94 Established Member

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    Very nice information.
     
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