quick question: When looking to buy domains, do you go with an idea of what you need in mind? Or do you just search through auction and buy when you see something good? Whats your buying strategy?
Hope my questions are not too difficult
i really have no idea what i am going to buy until i see it.
i just look thru expireddomains with $5000 minimum valuation...that usually brings the list down to less than 100 domains to sort thru which takes less than 10 minutes.
then i see if something catches my eye.
if i like something, i start doing research on the domain by looking at wayback machine to see how the domain was being used and how long the last owner owned it to see how long this domain has been off the market.
i like buying domains that have never been for sale on the market.
once i know i want this domain, i check namebio to see what price range these similar domains sell for so i have an idea what to pay
i also check to see when the auction is ending...
i like auctions ending on Saturday or holidays where there are less bidders...less people watching
then i set my alarm to 10 minutes before auction closes to make sure i don’t miss out
then i over pay to win the auction...
these days you have to over pay if u really like a domain name
it might seem like you’re over paying today but within couple years, it will feel like a bargain
and that’s my buying strategy and i’m sticking to it