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I was just contemplating the high value sales of names like Affiliate.com, LA.com etc by some of the industry experts and I concluded 2 things:
1) Domain brokerage business is difficult to start, low-risk high reward business
2) If you are a seller broker, it is essentially an outbound business
I think overall it's a good business where you could be working on multiple deals together once you have the hang of things and have developed contacts, and every conversions leads to hefty commissions (I have heard commissions as high a 15% but the experts can comments better).
What's your thought on the brokerage business?
1) Domain brokerage business is difficult to start, low-risk high reward business
2) If you are a seller broker, it is essentially an outbound business
I think overall it's a good business where you could be working on multiple deals together once you have the hang of things and have developed contacts, and every conversions leads to hefty commissions (I have heard commissions as high a 15% but the experts can comments better).
What's your thought on the brokerage business?