discuss Huge Losses! Ouch!

NoisyNosyNancy · Jan 29, 2020

I was just reading today's Daily Market Report on NameBios.com.

"TheMortgage.com" sold for just $15,000 at Dropcatch. It sold for $500,000 on May 1, 2000.

DiveBars.com also took a huge loss.

Maybe the Domain Name Game has lost its luster.

Pierre Barnard · Jan 29, 2020

Not very good names IMHO.

NoisyNosyNancy · Jan 29, 2020

I agree that the THE in front of mortgage makes it awkward. However, whoever sold it for 500K in 2000 was a lucky duck.

I think DiveBars.com is good though. Someone could set up a website with features and a listing of all the dive bars in the U.S.

DanSanchez · Jan 29, 2020

Divebars is terrible, your idea would produce a net loss on top of the acquisition cost. You have to find domains that are self descriptive and can be implemented into a working business model. There is no dive bar that wants to be called a dive bar, it has a negative connotation.

15k for themortgage is standard, where do you see evidence it sold for 500k in 2000? If it did, it was likely in partial stock options, which went to zero after the market bubble burst.

DomainRecap · Jan 29, 2020

Plus, a lot of those "the" domains were sold based on parking revenue, which must have been massive in 2000 for something like TheMortgage.com.

Furquan · Jan 29, 2020

DomainRecap said:
Plus, a lot of those "the" domains were sold based on parking revenue, which must have been massive in 2000 for something like TheMortgage.com.

That seem to be reason if the price is correct 'mortgage' is huge paying keyword.

NoisyNosyNancy · Jan 29, 2020

I am new..What is "parking revenue"?

Also - Look at the article on NameBios - the daily market report. the original price of 500K was noted.

Bob Hawkes · Jan 29, 2020

Yes not infrequently when seeing NameBio-listed sales with a prior sale there is a huge drop, but TheMortgage is certainly one of the larger ones. I see that the original $500k was listed as a private sale, anyone know more about the circumstances for the sale back then. It has a high CPC and a good number of advertisers, although not a ton of search volume (I guess with The added really cuts into that). I presume the price it sold at this time was justified on basis of possible monetized parking.

Mortgage without The sold for $1.8 million in the same year as the $500k sale, but a couple of months earlier. That may have helped to prop up the price paid for TheMortgage.

Thanks for alerting us to this, @NoisyNosyNancy (interesting username BTW

). I had not yet looked at NameBio this morning so saw it here first.

Bob

DomainRecap · Jan 29, 2020

NoisyNosyNancy said:
I am new..What is "parking revenue"?

It used to be a way that domainers made money out of keyword-based domains, placing ads on unused parked pages... until Google absolutely killed it with new search algorithms.

But from 2000 to 2008 or so, the buyer of TheMortgage.com could have made his money back or more, as the parking profits were significant and were automatically built into the price of any domain.

That's why you can't compare sales in 2000 with today, as the entire world has changed.

alcy · Jan 29, 2020

luster or no luster.. that'll be essentially up to you... how you approach it... the energy and time you put into it etc... it'll serve no purpose in terms of your own personal results in domaining, to look at such sales... as you see around this forum, there is still money to be made in domaining. how much... is entirely up to you and directly proportional to how much time and effort you will put into it.. like every other job or task we undertake in life.

all the best.

iAdam · Jan 29, 2020

I don't think it's that great of a domain and even the 15k is too much for it. It will be only good for a movie where a mortgage went bad ..

Samer · Jan 29, 2020

Namebio is not absolute.

i appreciate what theyve done for the industry,

Please confirm and give me another source for sales this huge.

Samer

Hootsifer · Jan 29, 2020

This was around or not long after .com bubble. Lots of startups and companies overpaid for so so things. TheMortgage.com isnt bad but its not worth 500k. Now mortgage.com....yes...

korganian · Jan 29, 2020

The only reason I could see for traffic or parking revenue is if there was a well developed site on themortgage.com

The domain alone is uninspiring to me.

otismo · Jan 29, 2020

there is a guy right now offering 9 .com BIN $24

if no-one buys in 5 minutes

luster GONE

I see we've had a BIN $24 offer to sell since six-thirty

IN THE MORNING !

luster definitely gone.....

oh, and no-one wants to bid $15 on truck.ws either.....

DomainRecap · Jan 29, 2020

korganian said:
The only reason I could see for traffic or parking revenue is if there was a well developed site on themortgage.com.

Again, we are talking about the year 2000.

Jv1999 · Jan 29, 2020

yesh. domain luster so gone lel i made sail xxx$ for a .io i reggae last yr, but yas, iz a sinking ship?

Ppl reporting that their sail stats are down... it happens. Crypto went up, so domains should start selling again.

TheMortgage might have been a bad resale, but you're cherry-pickin the stats. Wat about all the other domains that were sold for $100 in 2000 and just recently sold for $x,xxx to $xx,xxx??

Yas, luster is gone! :shock:

eko.com 1,500,000 USD 2019-10-20 Uniregistry

apuestas.es 123,340 USD 2020-01-23 Sedo

barri.com 100,000 USD 2020-01-12 NameExperts

biggie · Jan 29, 2020

DomainRecap said:
That's why you can't compare sales in 2000 with today, as the entire world has changed.

exactly!

the iPhone wasn't even invented yet

imo...

Jv1999 · Jan 29, 2020

biggie said:
exactly!

the iPhone wasn't even invented yet

imo...

also there wasn't internet. /jk .. . 56k doesn't count

nothere · Jan 29, 2020

Jv1999 said:
yesh. domain luster so gone lel i made sail xxx$ for a .io i reggae last yr, but yas, iz a sinking ship?

When you add all the money you spent on unsold /dropped domains and time let us know how you fare. You cannot say say I made $xxx so I'm doing great.

Jv1999 · Jan 29, 2020

nothere said:
When you add all the money you spent on unsold /dropped domains and time let us know how you fare. You cannot say say I made $xxx so I'm doing great.

sure i can! because ... (check my sailz reports in the sales reported thread.)

Lox · Jan 29, 2020

NoisyNosyNancy said:
I was just reading today's Daily Market Report on NameBios.com.

"TheMortgage.com" sold for just $15,000 at Dropcatch. It sold for $500,000 on May 1, 2000.

DiveBars.com also took a huge loss.

Maybe the Domain Name Game has lost its luster.

TheMortgage.com

0. in 2000 Basis 100 inc (#1 Canadian e-com, mortgage/etc software co.) acquired Solimar.Net (US based)
1. Basis 100 inc entered US mortgage world via TheMortgage.com vs Solimar.Net
2. Basis 100 inc sold (Deal) DN to Invis.ca #1 Canadian mortgage experts service (mega network)
3. in 2004 First American Financial Corp. acquired Basis 100 inc for $45m + extras
4. in 2016 Multi-Prets / Mortgage Alliance acquired Invis.ca and affiliated companies
5. ... etc
6. domain name doesn't reflect CA market trends (.com vs .ca) ... /get rid of things you don't need.

#1 due diligence
#2 math (there is simple no loss but mega $ earnings via themortgage .com)

Regards

nothere · Jan 29, 2020

NoisyNosyNancy said:
I think DiveBars.com is good though. Someone could set up a website with features and a listing of all the dive bars in the U.S.

and how would they make money?

Indianad · Jan 29, 2020

NoisyNosyNancy said:
I am new..What is "parking revenue"?

Also - Look at the article on NameBios - the daily market report. the original price of 500K was noted.

Welcome to NamePros!

Samer · Jan 29, 2020

NoisyNosyNancy said:
I am new..What is "parking revenue"?

Also - Look at the article on NameBios - the daily market report. the original price of 500K was noted.

parking revenue is when leave domain name on autopilot “park” and cover ads.
Some parked domains look nicer than others..
make money from nothing jus need traffic. (parked is undeveloped not website)
There are companies which specialize this biz. Try to park a few of your names (it’s free) and see if make money (Bodis, ParkingCrew...)

It used be lean mean money making machine, but nowaday parking is dead, minus select few
i think person with most knowledge on topic; @biggie still rakes parking

Samer

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