discuss Looking at Namebio recently completed sales / prices for real word domain names

xynames · Oct 16, 2017

Granted, a lot of these are not the greatest names, and not all sold retail, but here are some examples I culled of domains that in my opinion, sold about 50% too low, at least, if not more, compared with comparable domains I have sold recently at XYNames.com :

tvlink.com $1737 Dropcatch 10/15/2017
determinedtoquit.com $1231. GoDaddy 10/15/2017
electroland.com $1318. NameJet 10/12/2017
greatproperties.com $2099. NameJet 10/9/2017
callsafe.com $1247. GoDaddy 10/7/2017
depositadvance.com $1700. BuyDomains 10/6/2017
budgetservers.com $1500. BuyDomains 10/5/2017
streamfree.com $1280. GoDaddy 10/4/2017
cybermate.com $1800. BuyDomains 10/3/2017
sureheart.com $1388. BuyDomains 10/2/2017
sunstation.com $1609. NameJet 10/1/2017

Compare for example with:
regionalcontractors.com $3000. BuyDomains 10/5/2017
just as good, or bad, as some of the names above, sold for a more reasonable $3000. level.

I think too many domainers are letting go of their domains for the $1000. initial offer price, without trying to get what the domains are worth. As the inventory of people willing, or desperate, to sell cheap is weeded out, prices should rise. I am in no hurry to sell and manage to get my mid four figures for at least 2 - 3 domains a months lately.

I encourage you guys not to jump on the first $500. or $1000. offer you get, and negotiate! Or...hold...until the right buyer comes along. The right buyer for any of the above domains would have easily paid more than the price paid.

frank-germany · Oct 16, 2017

xynames said:
Well if you read the above post #12, that is why I don't post actual sales on namepros. And if you'll notice the next namepros member came along and CONGRATULATED my reasoning.

However, this thread is not about me. I sell my domains at top prices; I don't need help from namepros to do that. This thread is an exhortation to other domainers to not sell themselves short! and to hold out for fair market value.

people sell for many reasons
you can't make a proposal that fits all

as people live in different circumstances

cashflow is the biggest issue if you hold many domains
so a sale once in a while below max profit may keep you in business

"cash flow is more important then profit"

but actually its like this:
if all domainers would double their prices right now
right now domain prices would double worldwide

biggie · Oct 17, 2017

biggie said:
that's not how you illustrate comparables

imo...

xynames said:
Obviously there is more to it, such as relative strength/value of keywords, but still these domains are similar to each other in the same way that a made up word "brandable" domain name, would be dissimilar to these real word domains....

huh, what?

imo...

xynames · Oct 17, 2017

Apples are like apples. Real word domains are apples.

Oranges are like oranges. Made up word domains are oranges.

Apples are not like oranges. Real word domains are not like made up word domains.

But apples are like apples. Real word domains are like other real word domains.

I mean if you couldn’t follow the logic in post #21 why did you comment in the first place.

frank-germany · Oct 17, 2017

xynames said:
Apples are like apples. Real word domains are apples.

Oranges are like oranges. Made up word domains are oranges.

Apples are not like oranges. Real word domains are not like made up word domains.

But apples are like apples. Real word domains are like other real word domains.

I mean if you couldn’t follow the logic in post # why did you comment in the first place.

now I lost you

is google.com a real world domain
ebay? - pinterest ?

yes . at the time being they are
but they havent been before
somebody put a meaning into those

so this definition doesn't help I guess

xynames · Oct 17, 2017

No, ebay is not a real word domain. Nor is pinterest. And at the time these were registered, they were free domains available for nothing, at least - that is what we know about ebay.com (haven't researched pinterest). Ebay's founder wanted echobay but it was not available, so he settled for ebay.

All of the domains I posted in post #1 are real word domains.

Also, I said nothing about whether oranges are worth something or worth nothing, I just said that they are not the same as apples.

arjun29 · Oct 17, 2017

xynames said:
Apples are like apples. Real word domains are apples.

Oranges are like oranges. Made up word domains are oranges.

From beginning (title) to this one, what are you actually trying to say?

Is it " don't sell your domains cheap, hold until you get the best price"? Low price is harming the profitability of some domainers while greed is harming more's. So, you should've touched that side aswell to justify what you're trying to say.

And I don't think there is any logic behind your comparables, examples and aggressions.

xynames · Oct 17, 2017

Obviously these are all similar quality domain names and yes they all sold too cheap. Don’t do it!

DotKing · Oct 17, 2017

What do you think, how many sales registered on Namebio are actually end-user sales?
Is there any data on that?
I would say more than 80% are reseller prices on Namebio

xynames · Oct 17, 2017

Anyone who sells may report to namebio. As to who the buyers are, I don't think this has anything to do with the reports one way or another. You may assume that Afternic/GoDaddy/Sedo/Uniregistry/BuyDomains are end users buying, and auction places like Namejet, Snapnames, etc are resellers, but it's not definitive. For example, Dynadot marketplace - buyers could be end users or resellers, both.

Put it this way: I have sold to both end users and resellers and the way my sales report on namebio do not indicate which way they went.

DotKing · Oct 17, 2017

True that, but in terms of percentage I believe those sales are from closeouts and auctions you mentioned, and they mostly consist of domainers and resellers.
Namebio is exceptional source of information, but only few comparable sales are not enough to judge the price of the domain.
Domains are sold under various circumstances.
Btw, Dynadot registered sales on Namebio are waaay off most of the times.

DotKing · Oct 17, 2017

Also, Afternic network BIN sales are not registerd on Namebio. And those sales are mostly end-users, right

xynames · Oct 17, 2017

I believe that namebio is completely accurate. When I submit a sale I include a screen shot of the escrow.com closing or whatever it is to verify the sale, PayPal, Afternic screen shot, SEDO, domainagents, etc. They know XYNames well by now so perhaps they would just take my word for it, but I always include the verification anyway.

I invited Michael Sumner of namebio to come on here and comment on this dialogue. He would know more than I do about what kinds of sales are represented on namebio, and how accurate it is.

DotKing · Oct 17, 2017

I don't know. My Afternic bin sales are not registered automatically. So, do you submit every sale to Namebio? If you submit your sale to them it's accurate, sure.
About dynadot, I saw for example 800$ sale reported on namebio for 150$... and so on...

xynames · Oct 17, 2017

Over the years, XYNames has not reported every single sale to namebio, no. But when I do report them, I include the verification. For example when we sell on Dynadot, sometimes the payment is made right then and there via DD ("store credit"), and other times it is via escrow.com In either situation, I take a screen shot of whatever verified the final transaction, and pass it along to my contact at namebio, Michael Sumner.

"My Afternic bin sales are not registered automatically." --- I agree, which is why if I want it recorded at namebio I submit it myself, with the verification.

"About dynadot, I saw for example 800$ sale reported on namebio for 150$... and so on..." --- how did you figure this out?

DotKing · Oct 17, 2017

xynames said:
"About dynadot, I saw for example 800$ sale reported on namebio for 150$... and so on..." --- how did you figure this out?

I was bidding on some closeout names and saw the final price. Next day when I was checking Namebio prices were not the same. I think problem is that people are bidding last minutes, seconds and Namebio probably have some bot to catch the price. But not on time. That's my modest conclusion

xynames · Oct 17, 2017

Interesting, yes. We don't really sell via auctions, so I don't know about how those get recorded at namebio.

DotKing · Oct 17, 2017

Yes, but you can't expect 100% accuracy and "truth" in any domaining tool, it's just impossible. Every name is different, every sale is different, every seller, every buyer...
We just need to find our own way to make right decisions based on experience, and those tools are great help.

xynames · Oct 17, 2017

Probably true but in the post #1 I mentioned 11 names that I consider sold too low, and one that I considered similar that sold at a more reasonable level. It would be more credible to assume that the 12 were accurately reported, coming on different platforms and such, than that all 12 are inaccurate, no?

DotKing · Oct 17, 2017

Maybe values are not inaccurate, but there are too many reasons why those prices are what you think it's low.
In my opinion they are not so low

. And it's difficult to compare DropCatch with BuyDomains. BuyDomains are end-user oriented.

xynames · Oct 17, 2017

The 11 I mention are low compared to what I have sold similar names for.

I mean, I could have easily sold any of my names I sold for five figures for just four, or the mid four figures for low four figures, but I just don't do that. If the inquirers/offerors are not willing to pay what the names are worth they don't get them. I have convinced people who have offered just $400. initially to move up and pay mid four figures, all the time. Just have to show comparables and use logic. I am not asking for charity I am asking for what the names are worth. I know what I have here!

biggie · Oct 17, 2017

xynames said:
Anyone who sells may report to namebio.
As to who the buyers are, I don't think this has anything to do with the reports one way or another. .

if you don't consider "who the buyers are or were", then you can't make any point about the outcome of any of the sales

that is one point i have stressed all across this forum about viewing "past sales"

if you don't know who the parties are in the transaction, then you can't come to definitive conclusion on why any particular domain name sold for what it did.

and if you don't view the domain after it changed hands, to see if it was developed, parked or not resolving at all, then you can't assume it was an end-user purchase..... no matter what the closing price was.

some may say they sold to end-user, but if the buyer never develops it....then was it an end-user sale?

it may just be another domainer, who paid what some would consider "end-user" pricing or more than what lowballers are willing to offer.

finally, as more domainers continue to utilize "past sales" reports, they may find themselves enclosed within that range, of the "comparables" they compare their domain names with.

imo.....

xynames · Oct 17, 2017

Ah, but...once again you wrote a whole lot perhaps without even realizing or understanding what was being said.

The comment "Anyone who sells may report to namebio. As to who the buyers are, I don't think this has anything to do with the reports one way or another. .." was in response to the posts above it. The response was to the question, which may be summarized as: "can we know, from namebio posts, whether the posts represent end user or reseller sales."

My comment did not mean that it does not matter. Just that we can't know for sure from the namebio reports themselves whether they represent end user or reseller sales.

biggie · Oct 17, 2017

K

imo...

frank-germany · Oct 17, 2017

when you look at domain sales prices at sedo
please be aware ( nobody does so )
that some of these sales include 19% VAT
so the actual sales price is 19% lower

sedo continues to ignore that
though a german company

As a german company
whenever I sell via sedo to another german
( company or not )
I have to pay in addition to the 10%, 15% or 20 % commission to sedo
a 19% to the tax authorities (from the left over amount)

so that is getting complex

important is not what the sales price is
but what what is the net amount in your bank
that you can use for new spendings

remember : none of the reporter takes the different commission into the equasion

so its all :
round about

JB Lions · Oct 17, 2017

So you've taken the time to report some sales to Namebio, taking screenshots etc. but won't post them here?

"We used a different landing page at a subdomain in the past"

Can you share that one? Or some past sales that sold like gangbusters?

You asked:
"Let's back up - so are you saying those domains I posted above all sold at full value?"

Who knows, I'm still waiting for you to post your comparables you talked about. That's the way I usually do it when I can.

And domain ever sold you can make the argument that you could have gotten more. Maybe, maybe not.

discuss Looking at Namebio recently completed sales / prices for real word domain names

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