Everybody wants premium names but check the budgets in domains wanted

[biggie]

just want to bring this up, again

if you want premium names, then expect to pay premium prices


you don't want certain letters or only want specific numbers or want the name to end in "ie" only.....then you gotta pay extra for the extra criteria


you want names with pr, traffic and ppc earnings, you gotta pay extra for those too

also, it's trickery to post that you got $10k budget for the right name, but every offer you make on a qualified submission is only $250

increase the budgets!!!

 

[biggie]

what is the real value of a name, more than half the sellers do not know - because it does not exist - it is all comparisons, and more so buyers do not know.

i think you raise a very valid point that applies to budgets and the expectations, of what can be purchased within those amounts.

as it's evident within the many threads, when sellers pose the question, "how much should i ask" for a particular name, if/when they receive an inquiry or response to a solicitation.

and there are similar questions raised from potential buyers as well, when they have interest in purchasing a domain.

so perhaps that inability to gauge value, also has effect on budgets in the domains wanted threads.

imo...

 

[hawkeye]

..
so perhaps that inability to gauge value, also has effect on budgets in the domains wanted threads.

imo...

This may be applicable when one is looking for a 'mediocre' domain, but those that want lll.coms for $2500 or so, or a one or two word 'premium' domain either are domaining naive, outright cheap, or crooks/cons plain and simple. The benchmarks for these types of domains can be found 'everywhere' daily in all the various blogs, forums or sales report sites, which every 'domainer' reads (or should) daily. So there's 'no excuse' of an 'inability to gauge value' for these types of domains. It's quite obvious what type of 'domainer' are those that make these types of requests... "L"

 

[ComboNames]

we all know that , but why not trying to get the domains for cheap , so you can get bigger profit when flipping !

 

[NameOmnia]

We are sometime having weird situations...

I had this guy who contacted me via my parking page... with an offer of 500$ for one of my domain ...

I played the game, said that I was expecting a little more, with a lot of diplomacy ... The guy was ok for 600$ ... then he asked me if I had other domains with the same specific keyword (as the one he asked for)... Said Yes, four others... He asked for a price... Said, same price for each, then a total of 3K for these 5 domains (so 600$ for each).

Then, from nowhere, the guy said that I was a silly capitalist, making money with domains, blablabla... and said he won't buy them ... WTF ?? This guy is from France... It's the third time that i'm having this kind of situation, exclusively and only with french.

I told the guy (as a joke): "Why ? I don't really care if you're a communist, socialist or else (it's your life)... anyway, it's just business... You need this domain and i'm providing you with a good price ... What is the problem ?"

He said: " Communism is as present in France as ignorance in the states. The fact that it has a name does not mean that it’s a good thing. You already know that your job is not something that you can be proud of.
I have a problem with parasitism of the people that really work and produce something."

OMG !!!! I replied: "WOW, Keep calm buddy... Remember that YOU asked for these domains and I don't even know you ..."

Then, nothing...

YEP..I hear you.
A poor and almost broke student from the south of France turned into a very native English ahole after I quoted a name a price that he didn't like...
I wished him the same and blocked his email. It happened on DNS for me.

I think that the stuedent thingy is just a poor technique they use to try to lower the price...

 

[madubuko david]

Am member here at NP priced my list of 12 LLLL.COMs for $750, i was shocked by this respond while i didn't get rude but replied with the minimum bid for each domain.

 

[NameFit]

I have not seen many 'students with a project' here. They need to come here. I am sure they will offer better prices than some buyers do.

 

[Paully]

It's not really any different to the pawn shop model or the "we will buy your gold/car/house etc for cash" business. Turning domains into a smaller amount of cash than they are worth quickly appeals to some sellers and you don't have to be a domaining veteran or a rocket scientist to know that anybody posting WTB price ranges in that forum will always try and deal at the very lowest end of the market because as soon as you contact them, the balance of power shifts to them and you either have to accept whatever lowball they offer or decline and work a bit harder to sell your domain.

 

[NameFit]

It is a simple matter of supply and demand, there is lot of supply and very little demand at the (end user) prices we want. How interesting is that as I seller if I got to a prospective buyer, he may offer me $100, and if they come to me of their own, I can ask for $1750.

 

[biggie]

This may be applicable when one is looking for a 'mediocre' domain, but those that want lll.coms for $2500 or so, or a one or two word 'premium' domain either are domaining naive, outright cheap, or crooks/cons plain and simple. The benchmarks for these types of domains can be found 'everywhere' daily in all the various blogs, forums or sales report sites, which every 'domainer' reads (or should) daily. So there's 'no excuse' of an 'inability to gauge value' for these types of domains. It's quite obvious what type of 'domainer' are those that make these types of requests... "L"

i agree hawkeye, that the "benchmarks" are evident across the spectrum of domain publications and as much as they are promoted, one should be aware.

It's not really any different to the pawn shop model or the "we will buy your gold/car/house etc for cash" business. Turning domains into a smaller amount of cash than they are worth quickly appeals to some sellers and you don't have to be a domaining veteran or a rocket scientist to know that anybody posting WTB price ranges in that forum will always try and deal at the very lowest end of the market because as soon as you contact them, the balance of power shifts to them and you either have to accept whatever lowball they offer or decline and work a bit harder to sell your domain.

Hi Paully

to me the pawn shop model isn't applicable for or to, all domainers. as it implies a sense of "desperation to liquidate" an asset.

as those who are willing to wait for the right offer" will still maintain the same leverage advantage, if any, even when submitting names to WTB requests.
but that too, depends on each individual domainers' ability to sustain, without selling.

there is also a difference between trying to deal at the "lowest end of the market" for a particular domain or category versus trying to deal at a "budget range" that is below market value for those particulars.

imo....

 

[NameFit]

It depends on what type of seller you are. Some sellers hold on till they get the right price. Many (most here) are happy to sell it off at the lower margin ($50-$100 profit).

There are day traders and there are long time investors. So it is difference of whether you are a trader or investor. And most day traders are not just sellers, they are buyers as well - day 'trading'. While long term investors are typically sellers and they do not buy much. Different market for day traders and long term investors. Long term investors have a strategy and they know where their name sells. The issue becomes when they try to sell the names in these forums.

 

[biggie]

It depends on what type of seller you are. Some sellers hold on till they get the right price. Many (most here) are happy to sell it off at the lower margin ($50-$100 profit).

There are day traders and there are long time investors. So it is difference of whether you are a trader or investor. And most day traders are not just sellers, they are buyers as well - day 'trading'. While long term investors are typically sellers and they do not buy much. Different market for day traders and long term investors. Long term investors have a strategy and they know where their name sells. The issue becomes when they try to sell the names in these forums.

there is no apparent difference between a day trader and a long term investor

as what one acquires during the day, can still be held long term.


the difference, is between a "flippers' mentality" and an "investors' mentality".

a flipper has to buy low and sell higher quickly, to sustain their biz model

an investor can buy low or pay market value, then sell quickly if there is opp or hold for higher roi

also, long term investors, buy just as many or more domains, than the average flipper.

imo...

 

[Paully]

i agree hawkeye, that the "benchmarks" are evident across the spectrum of domain publications and as much as they are promoted, one should be aware.



Hi Paully

to me the pawn shop model isn't applicable for or to, all domainers. as it implies a sense of "desperation to liquidate" an asset.

as those who are willing to wait for the right offer" will still maintain the same leverage advantage, if any, even when submitting names to WTB requests.
but that too, depends on each individual domainers' ability to sustain, without selling.

there is also a difference between trying to deal at the "lowest end of the market" for a particular domain or category versus trying to deal at a "budget range" that is below market value for those particulars.

imo....

Of course the pawn shop model isn't applicable to all domainers, same as pawn shops don't interest the majority of people in the real world, but if you want to sell something quick, there is no place better to get an offer for it.

There is no need to be offended by low ball offers. You are not forced to accept, and I am sure many people get better offers by PM after mentioning a domain in there than they would have done if they hadn't have done, so I really don't see the harm.

I know it is not a gentlemanly way to do business, but this is how the world works. You always buy cheaper when the seller comes to you and people with money will always play hard ball with people who need money. Life 101.

 

[kemjika11]

What i will say is this: IF any person makes an inquiry on a domain name they "want", it is ridiculous and outrageous for them not to have at least low $xxx to offer for the name. WTF??? You want the name bad enough so why cant these cheap ass end users cough up a respectable minimum amount to buy the name they want? Any offer below $100 for any domain we are holding is surely not worth accepting.i dont get it. "no" surely has a place in the industry.

 

[Bes sob]

Honestly, if you want top dollar for your domain, you shouldn't be selling them here. This is a wholesale marketplace and the users expect wholesale prices. Want top dollar, then you need end users, and for the most part this isn't the best place to find them. Yes, there are exceptions.

Sometimes, we bring domains to forums for quick sale and not necessarily for end-users' or its prospective potential worth in near future. Otherwise, we have to hold on it more, until we develop it or more demands arise.

 

[kemjika11]

Sometimes, we bring domains to forums for quick sale and not necessarily for end-users' or its prospective potential worth in near future. Otherwise, we have to hold on it more, until we develop it or more demands arise.

Understandable. But sometimes buyers who are resellers need to include a "premium"in their offer price to show they are acknowledging the true value of the name they are buying from a flipper. price should reflect the quality or/and importance of the name.

 

[indiegrind]

I had a "student with a project" contact me by phone to offer $100 on a 5 character brandable last year. I didnt even know If I stll had the domain because I had so much going on with my real job, and a family medical issue. I wasnt buying or selling and was letting many the unsold "brandable" names I handregged drop. I told him I would check and get back with him.. I did still have it but didnt call him back.

About 3 weeks later a broker contacts me with a much larger offer. Turns out the "student" ran an app development company and created an app with my domain's name. Sold.

 

[ro5hit]

When i buy names, I still play the game

 

[Shams]

It depends on what type of seller you are. Some sellers hold on till they get the right price. Many (most here) are happy to sell it off at the lower margin ($50-$100 profit). There are day traders and there are long time investors. So it is difference of whether you are a trader or investor. And most day traders are not just sellers, they are buyers as well - day 'trading'. While long term investors are typically sellers and they do not buy much. Different market for day traders and long term investors. Long term investors have a strategy and they know where their name sells. The issue becomes when they try to sell the names in these forums.

It depends on what type of seller you are. Some sellers hold on till they get the right price. Many (most here) are happy to sell it off at the lower margin ($50-$100 profit). There are day traders and there are long time investors. So it is difference of whether you are a trader or investor. And most day traders are not just sellers, they are buyers as well - day 'trading'. While long term investors are typically sellers and they do not buy much. Different market for day traders and long term investors. Long term investors have a strategy and they know where their name sells. The issue becomes when they try to sell the names in these forums.

I fit in both categories. I buy and sell domains on daily basis but hold on premium domains for long term. To sell those domains in X,XXX. Forum like namepros and others mostly are resellers. There are very rare chances to get an end user on forums. buying and selling on daily basis are more than fun. $50-100 profit on each domain does matter. If you sell 3 - 4 domains every day.

 

[distlej]

If you selling on this forum you are selling to domainers, NOT END USERS.
If I say I want "reseller prices", believe it. I am buying the name to sell and make a profit.
I'm not stupid. If you want end user prices don't even bother me because I won't pay them,
because I NEED to buy below market to make a profit and stay in business. If you won't let me make a profit, I won't buy your domain.
Then I get some who won't even negotiate, but offer domains at 2x-10x market prices.
NEGOTIATION, domainer to domainer, is part of the business.
And please save the negotiation games for the end users where they might be profitable.
If you feel insulted by an offer and take it personally, you aren't skilled in negotiation and don't belong in this business. My offer isn't personal, it's business.

"the buyer needs to acknowledge the value of the domain"
Huh? No. My offer reflects the price at which I think I can safely make money on a resale, plain and simple. I don't care if you have fallen in love with your domain. Of course I realize that you may be using different criteria to value the name. That's not my problem. I use market history and my own experience. Nothing personal.

 

[biggie]

If you selling on this forum you are selling to domainers, NOT END USERS.

i am selling domains,

to whom they go, is irrelevant....only the price matters.

and if you don't think there are any end-users on this or other forums, i won't try to change your mind.

imo....

 

[distlej]

if you don't think there are any end-users on this or other forum

OK, point taken. BUT if they are on these forums, they are far more educated than the typical end user, taking far more time to research before buying than the typical end user, know far more about negotiation than the typical end user and probably won't bite at end user prices...

 

[kemjika11]

and if you don't think there are any end-users on this or other forums, i won't try to change your mind.

imo....

woahhh!! look at you switching up the game!! lol.

OK, point taken. BUT if they are on these forums, they are far more educated than the typical end user, taking far more time to research before buying than the typical end user, know far more about negotiation than the typical end user and probably won't bite at end user prices...

I dont even know where to start....

 

[kemjika11]

and if you don't think there are any end-users on this or other forums, i won't try to change your mind.

imo....

woahhh!! look at you switching up the game!! lol.

OK, point taken. BUT if they are on these forums, they are far more educated than the typical end user, taking far more time to research before buying than the typical end user, know far more about negotiation than the typical end user and probably won't bite at end user prices...

I dont even know where to start....

 

[distlej]

My point was.. If it quacks like a duck(domainer) and walks like a duck(domainer) then THEY ARE a domainer. Of course I shouldn't have said, that ALL people on this board are domainers. Absolutes can be nitpicked all day. But as a previous poster said, 99% probably are. SO that is the vast, vast majority. SO targeting your responses to that 1% is wasting 99% of the rest of our time. And THAT is what frustrates the *&*( out of me.

 

[kemjika11]

and if you don't think there are any end-users on this or other forums, i won't try to change your mind.

imo....

woahhh!! look at you switching up the game!! lol.

OK, point taken. BUT if they are on these forums, they are far more educated than the typical end user, taking far more time to research before buying than the typical end user, know far more about negotiation than the typical end user and probably won't bite at end user prices...

I dont even know where to start....