question Question about selling domains

Jimmysun said:

My grandpa collected many postage stamps since the 1980s, then he passed away(sad), and then now still in the book cabinet...

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richasis said:

As in all things, it's usually the one gem amongst the others that sells the entire portfolio.

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turbo funk said:

on average, how long does it usually take to sell domains? i know that this can require some patience, which is fine and something im prepared for. honestly, im just curious. and it'd be good to have an idea of how long is too long and adjusting prices and such

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turbo funk said:

*crumbles list of genius get rich quick schemes"
jesus, im gonna have to start meditating or something; its tough to imagine waiting for 5 years, let alone 15+.
but 90,000 kisses does sound like a nice way to die...


this is definitely something im trying to carefully avoid, as well as holding onto a domain for FOMO. sh*t, 15 years and ill be 40.. what if i never sell PurpleTriangleDinosaurs.com??? i swear its a goldmine

i think when i start to get more comfortable and confident in my ability to gauge a domains value, ill be less concerned. i think im starting to get an idea of how i should go about this and what to expect.
anyways, appreciate all the insight and responses from everyone so far, thanks

i give one kiss for all

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turbo funk said:

on average, how long does it usually take to sell domains? i know that this can require some patience, which is fine and something im prepared for. honestly, im just curious. and it'd be good to have an idea of how long is too long and adjusting prices and such

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manpreet said:

Totally depends on your domain name and its prospective end users.

Its a simple Demand and Supply game.

A golden tip - if you are buying to resell, you must first confirm if their can be any takers for that name in the market.

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turbo funk said:

do you mean using tools like namebio and those sorts of keyword domain searches?

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turbo funk said:

on average, how long does it usually take to sell domains?

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Bob Hawkes said:

Many have replied already but I would like to stress that unless you have something really premium, like a common dictionary single word ..com, a domain name may not sell for many years and indeed the majority of domain names held by domain investors will never sell .

One can compute an average using how many domains are for sale and how many sell each year (while applying a correction for how many are not listed on NameBio). You can twist the numbers a bit but most suggest something of order of 1/100 chance of any particular domain name selling in one year, or looked at another way something of order 100 years to sell (but really it is not like that, many will never sell, some much faster, so it averages that). It is no wonder that people like TheDomainKing talk about domaining as being inter-generational and you will pass on your domains to the next generation!

You can increase probability of sale by choosing domain names with many likely end users, promoting them effectively, pricing them correctly, etc. It is still a long term game if you plan to sell domain names for much more than you bought them for (and you need to to make up for those that would never sell).

Domain investing is not easy, fast or assured, and for those that quickly need returns it is not the thing to be in.

Bob

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