Best posts by Michael

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  1. Michael

    various Report Completed Domain Name Sales Here

    We have it now, thanks for the heads up. Flippa changed their API on the 3rd and didn't tell me, and I've been out sick so I didn't notice that we were missing their data. I fixed our code and grabbed all of the missing sales from the past week.
  2. Michael

    About namebio.com

    We were taking payments for our Featured Listings through PayPal, and we were including the domain name in the subject of the payment. Someone ordered a Featured Listing for a domain name they recently caught on the drops, and it was apparently on a blacklist because it was previously used for...
  3. Michael

    About namebio.com

    The obvious and free solution is to turn off your VPN when you visit the site, it's really not that complicated. If that's too much effort and you insist on a VPN, then you can pay the $60/year, which gets you many other benefits as well. If that's too expensive, then, well... frankly, it sounds...
  4. Michael

    Namebio.com restrict (more) free content?

    If you register for free you get 10 results per search instead of 5. I know that still doesn't sound like a lot, but with sorting by date and price, both ascending and descending, you can actually get 40 results per search pretty quickly. And that's before filtering on things like Venue or Date...
  5. Michael

    auctions GoDaddy Expired Auctions can be tricked

    Some more interesting rollbacks: 1158․com from $113,000 to $30,500 MV․net from $37,555 to $1,025 TopWash․com from $7,000 to $415 ConnectApp․com from $5,700 to $370
  6. Michael

    NamePros is giving away two FREE tickets to NamesCon 2017! Enter now!

    NamePros is excited to be giving away two tickets to NamesCon, the premier domain industry conference, valued at $799 each. The event is being held from January 22-25 at the Tropicana in Las Vegas and is a great opportunity to learn and network with the best and brightest in the industry...
  7. Michael

    Namebio ridiculous captcha

    First of all, the CAPTCHA always goes through two stages. One is a control group where the service provider knows the correct answers and can verify your accuracy. The other they don't already know the correct answers, and you're telling them so they can use the answers for future puzzles. The...
  8. Michael

    Bidding on your own names at NameJet...?

    I assure you the distinction between sunk cost and opportunity cost is not a matter of opinion or something that can be debated. Saying the opportunity cost is $23,600 is accurate, but implying that it means you are on equal footing with other bidders because of that is total bullshit. I don't...
  9. Michael

    Shane Bellone Thinks It's Ok To Bypass Broker.

    As a general rule of thumb, I would suggest reaching out to the domain owner to verify that the person is even authorized to sell their domain when a "broker" brings you a deal. Too many shady people in this industry claim to be brokering a domain that they have no right to sell, and if they...
  10. Michael

    Buyer uses how much you paid for how much he is willing to pay....

    While I wouldn't spend much time debating with him, I don't think it is good to ignore buyers. I would probably say something along the lines of "Sex.com was free when it was first registered, that doesn't mean its value is zero or close to it. In fact it sold for $14 million. My domain was...
  11. Michael

    sales Don't Shoot for the moon

    This. Exactly this. We've been working on an AI appraiser that might never see the light of day. But the idea is to only look at wholesale sales and come up with a wholesale valuation, and then use that to calculate a retail range. You've closely described my formula for converting wholesale to...
  12. Michael

    warning Does Rami Steitieh A/K/A steitieh Shill? You Decide.

    I don't want to get involved in the drama, and these are serious accusations with flimsy evidence. I just had to speak to the "evidence" regarding Rami's Flippa auction where several of the bidders were subsequently banned. I went through my last five auctions on Flippa and checked the bidding...
  13. Michael

    Bidding on your own names at NameJet...?

    I'll repeat this because you might have missed it, it was an edit added after your edit: -- Free market does not mean a lack of laws, rules, or ethics. It just means that prices are set purely by supply and demand without restrictions like tariffs, anti-monopoly laws, etc. It does not mean "do...
  14. Michael

    question How long does it usually take to get a sale?

    For an average quality portfolio the passive sell-through rate is around 1-2%. That means if you own 100 domain names, you may expect to sell one or two per year passively. Sitting and waiting is a numbers game, statistically based on the size of your portfolio you could be waiting 10 years...
  15. Michael

    sales Tech.ai Sold For $110,000 At Spaceship

    Afternic doesn't report sales to us, so if you don't report them to us or on NamePros/X, then we'll obviously have 0% of those. You can't use that to extrapolate what percentage of the retail market we capture. We only scrape the surface on retail sales. There's no way to know how much happens...
  16. Michael

    Namebio - No longer allowing free searches?

    We'll enable it at some point in the near future, but we're being attacked pretty badly and disabling the search they're doing is the only way to stop it. At the moment it only applies to searches where the length is exactly 2 chars longer than the keyword, or "from" one char longer and no "to"...
  17. Michael

    various Your BIGGEST Flip till now

    Highest ROI was $500 to $25,000 in a few weeks. Highest profit was $1,500 to $30,000 in a year. Crazy business we're in, thanks to those who have shared as it is very inspiring. Hopefully newcomers realize these types of flips are a rare occurrence though.
  18. Michael

    When You Contact End User, How Do You Get Them To Make An Offer?

    When you do outbound sales you don't have the power, and trying to get the other party to make the first offer is a power play. Know when you don't have the upper hand and act accordingly. That would be like begging someone for a job, and then at the interview they ask your salary expectations...
  19. Michael

    data Domain Data: Surnames, Part Two. What Is a Last Name Worth?

    I just want to say for those who don't fully grasp the magnitude of what James has done here, it is in my opinion the most ambitious and time-consuming article that has ever been written about domains. To put it in perspective there are around 300k .com sales in our entire database, counting...
  20. Michael

    Buyers remorse and not paying for auction wins

    Who the heck is forcing you to bid anything?? You should only bid up to the amount that you're willing to pay, and if you get caught up in the heat of the moment and go over your maximum, like Ali said... you man up and pay it. Period. What's really frustrating is knowing I'm bidding in...
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