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Newly registered domains selling for thousands.

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I am sure you have seen this phenomenon: Domains that are registered and a few days or weeks later they are getting very high bids and selling for thousands. In some cases this could be justified. For instance, if xxxx.com sales for 50K and someone registers the .ORG, I can understand that the sale of the .COM influenced the value of a the newly registered .ORG. But in many other cases there is no evident explanation on why a newly registered .COM surprisingly sales for thousands. I just encoutered one today on a major marketplace that was registered three weeks ago and already has a first bid of several thousand dollars.

In these cases, either the owner did an unbelievably great job promoting his domain or there is something weird there.

What do you think?
 
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unless the domains are that great and somehow nobody registered it, i normally get suspicious over domains that only have 1 bid via platforms like SEDO.

Other people bid on their own domains simply to initiate a bid for a push to the auctions. From there, it's a hopeful duration of catching eyeballs and bids. I don't know if there are any consequences from this cuz when it fails, well... the owner doesn't really need to pay him/herself.

But of course, there are certain strokes of luck for some people ;)
 
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People bidding on there own products is a shame. A reserve should be set, or the domain shouldn't be auctioned, I don't believe it gets any simpler than that.

However I just last night purchased a domain in the travel niche and another one a few weeks back, both I would not even consider an offer less than £1000 EA - I didn't buy them with the intention to sell though, I did my research, worked out how much time would be involved until I make a healthy, regular income. If someone had put these domains on auction I would certainly pay around the £1,000 mark.

So I guess that does mean there are still great domains to be found out there and if you want to get into a high niche market, expect to pay high niche prices!

Someone mentioned to me there was something in the news recently about domain names being to cheap? Because people are holding on to them, ageing them and making big profits in future years. Did anyone hear about this? What are your thoughts
 
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"I just encoutered one today on a major marketplace that was registered three weeks ago and already has a first bid of several thousand dollars. "

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I would say it happens more often with dropped domains, the domain might be have been 10 years old, then expired, it gets bought in the drop auctions, then put back on the market for sale.

Domains that go past pending delete will show as a brand new registration even if they were many years old ;).

If someone in the meantime has built a company on "the next best thing" then they may be pretty interested.



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There are still great names that get dropped or forgot about.
The search continues!!
 
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There's usually some level of luck involved. Selling anything for end-user pricing involves an interested end-user buyer seeing a name they like enough to spend the extra on. That name could be registered by you 10 minutes earlier if it happens to be up where that buyer is looking when they look.

It happens and it happens legitimately. We've done it many times.

Another thing to bear in mind is that "registered" could also mean backordered. If a domain was backordered and didn't keep its age, it could look like it's a reg even though it may have gone for hundreds or thousands of dollars in the backorder auction.

Additionally, look at the CamRoulette.com case...sometimes trends develop insanely fast that lead to sudden high sales of registered names too.
 
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It's not completely out of the question, but don't be fooled! If it looks too good to be true then it probably is.

Most likely those 1 bid domains are setup by the seller themselves just to get the domain showing up in front of more eyes. As I said though, it's completely possible for someone to register an end user related domain today when it drops, and then sell it tomorrow for a grand or two.
 
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Exactly!

"I just encoutered one today on a major marketplace that was registered three weeks ago and already has a first bid of several thousand dollars. "

----------------

I would say it happens more often with dropped domains, the domain might be have been 10 years old, then expired, it gets bought in the drop auctions, then put back on the market for sale.

Domains that go past pending delete will show as a brand new registration even if they were many years old ;).

If someone in the meantime has built a company on "the next best thing" then they may be pretty interested.



.
 
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i have found many domain names still available for hand reg (or dropped and forgotten) which were of much better quality than some names kept since 10 years and creation dates back in 90s, or in auctions or something.

domainers always look up whois, thisis, thatis.... if they see its new, they always think it can't be worth much. not always understandable. mostly, but not always. if the name is good,buy it.

also it depends what type of name. if i want to have a name for my domain selling website, i don't want a name which was used like a whore and handed over from one domainer to another for years and maybe even used for scam or something and even blocked by adsense etc. i brainstorm and find a nice new fresh name with no history. it all depends what type of name.

also end users (those who are not involved in this business), don't give a damn about such things , if they like the name, they buy it, if they don't like it, you can have a 10000 B.C. created domain with PR and backlinks and whatever,,,, they don't pay you 1 dollar.

all that said, normally you have to be careful with these 1 bid sedo auctions of names created 1 day before starting auction. and if you see that the name itself is also crap, then its 99% fake.
 
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Just a noob question, recently picked up an exact match domain name that has 300K exact searches in the UK alone. It is a .org

Wonder if you pros know if there is any value in it?
 
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Just a noob question, recently picked up an exact match domain name that has 300K exact searches in the UK alone. It is a .org

Wonder if you pros know if there is any value in it?

wrong section here.
put it up for appraisal in the appraisal section. if you don't want to mention the name in public, send me a PM
 
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i don't want a name which was used like a whore and handed over from one domainer to another for years.... also end users (those who are not involved in this business), don't give a damn about such things
I have built a couple of end-user websites on domains that had 5-6 drops in its history which i have picked-up from the drop pool for reg fee. They're running fine and legally making money now.

But of course, if you are a salesman, it is understandable that you would want to come out that your merchandise is almost perfect with no blemishes. You want to make a sale.

An end-user's mind is different. He wants to satisfy a "need". If he finds it, he will most likely do away with the irrelevant "imperfections". But a wise buyer will most likely exploit those imperfections to haggle for a much lower price, even though they're perfectly fine with him.

Capitalism works both ways.
 
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I am sure you have seen this phenomenon: Domains that are registered and a few days or weeks later they are getting very high bids and selling for thousands. In some cases this could be justified. For instance, if xxxx.com sales for 50K and someone registers the .ORG, I can understand that the sale of the .COM influenced the value of a the newly registered .ORG. But in many other cases there is no evident explanation on why a newly registered .COM surprisingly sales for thousands. I just encoutered one today on a major marketplace that was registered three weeks ago and already has a first bid of several thousand dollars.

In these cases, either the owner did an unbelievably great job promoting his domain or there is something weird there.

What do you think?

You might like to look at my blog in my sig,a whole a handful of interesting names on Sedo.
 
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A forum member hand regged Memoring.com in Sep 2006 and he sold it for $40k in a few months.

End user rules.
 
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Going back to the first post, I would say to not take anything from the first bid...that could be a self bid. There are far too many of us out there to let a good one slip by in a major auction...

My vote: Something Weird
 
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If you dig enough you will eventually dig up something :)
 
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this is something that is really very weird but can be profitable for some people who can take advantage of it.
 
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