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information Top Topics: The Seller Wants Their Domain Back; Domaining is Like...

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This week’s big news was the auction of 27.com at NameJet, which reached a highest bid of just over $1.5mm. For the platform, it’s a great price - as I believe it sets a new record for the highest bid received on NameJet. However, in terms of other two-number .COM domain sales, the bid was relatively low.

In December 2015, angel investor and owner of 20.com, Jason Calacanis, revealed exclusively on NamePros that he had received offers above $3mm via inbound enquiries on a regular basis.

This would suggest that 27.com should also be receiving bids of around $3mm, or higher. I’m sure that the owner, who is a long standing NamePros user (@sevent), is inundated with private offers after the auction.

Here are this week’s Top Topics.


What’s your best hyphenated domain?

Whilst hyphenated domains are considered of a lower quality, there are countries in which hyphens are popular. Germany, for example, is a great advocate of the hyphenated domain with many businesses preferring hyphenated names.

This discussion has been asking what your best hyphenated domain name is. An array of short and keyword names in TLDs such as .COM, .CO, .IO and .DE have been added to the conversation by investors that still put a value on hyphenated names.
Topic by: @Avtar629


Domaining Is Like…

A great discussion has been created this week, asking investors to give analogies to what domain investing is really like. If you have a spare five minutes today, have a read through this conversation, and perhaps add your own suggestions.

Some of my personal favourite analogies include: “Domaining is like any other addiction; I can quit anytime I like” and “Domaining is like meeting a new woman who only knows the word ‘no’”.
Topic by: @Brandingtheweb.com


My Toolbox

Domain investor Shane Bellone shared the tools that he uses every day manage his domain investments. The tools included an email application, a domain research service and an interesting rebate service that I hadn’t heard of before.

Other investors are also adding their own recommendations to the discussion, such as NameBio, Google Trends and DomainTools.
Topic by: @Shane Bellone


My First Afternic Sale

Afternic produces some great sales to end users and investors alike, but is often a forgotten marketplace when it comes to listing your domains for sale. An investor has shared their story of their first ever domain sale at Afternic, after watching a video by Ali Zandi (@Zandibot) in which he recommended the marketplace.

The domain was a brandable name that the investor hand registered last year. The name was rejected from BrandBucket, and remained unsold on a NamePros listing at just $10. The sales price was $495.
Topic by: @DoumB21


The Seller Wants Their Domain Back

After completing a four figure domain sale in a private transaction, the domain's new owner received an email from the seller asking for the domain to be returned to him. According to the discussion, this was due to the domain having already been sold via GoDaddy auctions.

The domain name allegedly sold for double the price that this investor paid for the name. As usual, the responses from other investors has been mixed, with some suggesting that the new seller keeps the domain whilst others are of the opinion that the new owner should share the profits with the previous owner. What would you do in this situation?
Topic by: @draco


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!
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
"The Seller Wants Their Domain Back "

It would set a very bad precedent in our industry to return the domain. I have sold a domain for £270 and received an offer for 8k while the £270 transaction was pending I know it hurts but I went ahead to complete the sale for the lower amount and advised the new owner of the offer. The new owner was an end user and sadly wan't interested in making a profit he just wanted the name so I ended up losing on the second offer. But guess what? because I was completely honest with the First buyer we developed a business relationship netting £xx,xxxx over a period of 6 months. I am no saint, it did cross my mind to find an excuse to back out the first sale but my reputation meant more to me than money and in Business a good reputation can help you tremendously and you can always make a huge Loss. Nothing worse than a failing business with a Bad Rep.

Anyway everyone is different I guess.
 
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You make a great point as reputation is everything. Honest people who make less money over a period of time still make far more than those with a bad rep who make more money over the short term....simply because they stay in business longer.
 
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