advice Timeframe for a sale

Industry portfolio turnover is in the low single digits i.e. 1-2% annually. So an experienced domain investor who weeded out poor-quality domains some time ago might see one or two passive sales annually for each 100 domains in their portfolio. Outbound marketing can improve the ratio but outbound marketing requires time. One's time is a limited resource. If you are new to domain investing it is likely you will not see any sales your first several months because you have not yet learned how to acquire domains someone else would be willing to pay a premium price to acquire.

Hi, thanks for your reply. While it is true that I'm new to 'domaining', with some luck I believe I might have snatched up some really good names. Maybe you could comment on these:

*ecashcrypto.com
stringize.com
moneyinvesting101.com
*currencywatchers.com
technolozist.com

* indicates ones which I think are especially sellable.

And yes, that kind of a timeframe (annual) is really too far out for my liking... I was thinking more of days, a week at most.

maxlee said:

And yes, that kind of a timeframe (annual) is really too far out for my liking... I was thinking more of days, a week at most.

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Every new domainer makes the same 2 mistakes:

1) buying crappy domains they think are hot
2) thinking those domains will be bought as soon as they are put up for sale.

Welcome to the world of domaining !

NYJimbo said:

Welcome to the world of domaining !

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Thanks, I'm loving domaining :p I think I would even like it if I made a sale, though!

Oh and yeah, I mean I'm not new to buying domain names ... I have bought some really crappy ones in the past ... (without thinking about even selling them) and even in the recent past. I think I'm getting better though!

There are hundreds of extensions but half of all domain sales are .Com so to put the odds in your favor it is advisable to focus on .Com. CurrencyWatchers.com if priced $799 or less might have a chance at selling. Even then it could take years. The others are probably not worth renewing. Selling domains is far more difficult than acquiring them as domains are intangible so the general public struggles with why they should pay a premium price for a domain when they can register something else for $25 or less.

maxlee said:

And yes, that kind of a timeframe (annual) is really too far out for my liking... I was thinking more of days, a week at most

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You are going to be very upset thinking a sale will come in that time frame.
You must think long term investing to not quit in a month.

maxlee said:

Hi, thanks for your reply. While it is true that I'm new to 'domaining', with some luck I believe I might have snatched up some really good names. Maybe you could comment on these:

*ecashcrypto.com
stringize.com
moneyinvesting101.com
*currencywatchers.com
technolozist.com

* indicates ones which I think are especially sellable.

And yes, that kind of a timeframe (annual) is really too far out for my liking... I was thinking more of days, a week at most.

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Sadly long , hard to type domains are not easy to remember this means low cost if ever sold and low value in the trained eyes of a premium domain buyer. Most domains are being purchased and sold by domainers nowadays, so unless you own a very hot name/brand chances are if sold any day it can pass years before someone pays attention to your domain.
I suggest you study trends, look for short, easy to remember market or industry oriented names something like.. TiresFinancing or CheapBoots.. etc
or brandable names, etc

Thebestdomaineverismine.com is worth nothing.. SHORT is cool SHORTEST is best.
Do not forget the radio test.

Dave Vima said:

TiresFinancing

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Tires financing?

sircc said:

Tires financing?

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Wanted to say TireFinancing as an example, or something along the lines..CheapAuto, BiggerBoat etc I guess he sees the point.

I hope you realize that millions of domains are listed for sale at the moment, and sales are far and few between. So the odds you'll make a sale fast (and repeat the feat over and over) are slim. Exposure is not going to help if nobody is looking for names like yours. Even if they see your names, they will skip over.

I picked one name at random (stringize.com), I see it's been registered yesterday. And I can't even find a trace of a previous registration. Which means it's been possibly sitting unregistered forever. What is the likelihood of a sale, since nobody would even spend $10 to buy it and had plenty of time to ponder the purchase ?

You shouldn't be buying names just because you think they are 'cool', instead you should do more research and look at what people are buying, what kinds of names are in demand.

time frame on names like those - 2 - 20 years you may sell 2% of them, and most will never sell

find out what people want before you buy.

I thought this was sort of investing for the domainers though. Stringize, although may never have been registered before, is an actual (and relevant, you might argue, because it has to do with programming and also something like string theory) single word that someone (some end-user) may want in the future. So why wouldn't another domainer buy it if priced for investing? (That is, it is priced so that the end sale, if it were to happen in the future, would net a much higher value than it is being sold right now by a particular domainer who doesn't want to invest, but who finds good names that have potential.)

So, one kind of domainer selling to other kind of domainer. One is more into finding names with potential and flipping it to other domainers, who then will hold onto them (invest in them) for some day (wait months and years likely) some end-user comes along and wants to register that name and buy it from you.

So, yeah, I don't think it's necessarily selling to end-users that I have in mind for such a short timeframe, but looking for other domainers that want to invest in a good name that I hand regged.

Is there a market for this kind of a thing?

maxlee said:

I thought this was sort of investing for the domainers though. Stringize, although may never have been registered before, is an actual (and relevant, you might argue, because it has to do with programming and also something like string theory) single word that someone (some end-user) may want in the future. So why wouldn't another domainer buy it if priced for investing? (That is, it is priced so that the end sale, if it were to happen in the future, would net a much higher value than it is being sold right now by a particular domainer who doesn't want to invest, but who finds good names that have potential.)

So, one kind of domainer selling to other kind of domainer. One is more into finding names with potential and flipping it to other domainers, who then will hold onto them (invest in them) for some day (wait months and years likely) some end-user comes along and wants to register that name and buy it from you.

So, yeah, I don't think it's necessarily selling to end-users that I have in mind for such a short timeframe, but looking for other domainers that want to invest in a good name that I hand regged.

Is there a market for this kind of a thing?

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Some of the coolest guys here spent their precious time to give you the most valuable advise, but seems you refuse to listen.

There is a reseller market but one has to offer domains which have a good chance (not a remote chance) of selling to an end user at a much higher price. Many of my sales $349 and below went to investors hoping to sell at a higher price at some point in the future. I recently did a study of past sales and only about one in five resulted in a developed website (not just a landing page). Many of those buyers from years ago are still waiting for that big sale while in some cases i can see they dropped the domain because it was picked up by Huge Domains.com.

You also need to think in terms of a business wanting to operate on your domain. Yes there are individuals who might be willing to pay a few hundred dollars for some pet project that is not a true business. But usually for a non-commercial project they will look for a domain available at registration fee.

Right, reselling. Selling to investors hoping to sell at a higher price .. I think that's what I want to go for here, because I don't necessarily want to hold onto these domains forever (even 1 year is forever to me).

I think there's an art to this, right, you have to be good at hand regging and such, because it will only cost you the registration fee to acquire it, and you don't have to bid with others in aftermarket expiring domains and what-not. (Though, I can see acquiring good expiring domains is another strategy that may work, if you don't pay too much and can sell it at a higher price.)

I guess I want to seek out those domain name investors here, because finding the end-users seem like a long long time coming usually. I tried listing my domains on multiple sites, but I'm hardly getting any eyeballs (it's been 1-2 days). So how can I even know if anyone would be interested? I mean, it wasn't even really showing up on GoDaddy Auctions, for instance. No views.

One thing I noticed, I use the GoDaddy Valuation tool, and I see many similar domains have been sold for like over $1000, even ones that seem not so attractive. Just who are buying these domains? (and where can I find them) Literally every domain I look up, many related ones have been sold usually for about $1000 or more, and again, they're not particularly good names.

(By the way I want to have a kind of a discussion here, not just advice and call it a day.)

Your expectations are unrealistic.

Even good domains can take years to find the right buyer.
Bad to average domains will likely never find a buyer.

This is not get some get rich quick business. It is a competitive field at this point.

Brad

1 to 2 days? Try 1 to 2 years minimum, if your buying the right domains. It's going to be harder for quick flips nowadays with all the api action and favoritism going on in the background. Learn to buy the dip if you want to go liquid, or be an artist and speculate on future trends, a gamble either way.