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domains $117,500 buyer of Almi.com revealed

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equity78

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Back in August Namepros member @lambo.com (ASZ.com) announced the $117,500 sale of Almi.com. Almi.com was acquired from BuyDomains for $3,475 back on 9-5-2018. The domain name is now developed and it’s focused on providing financial services in the Caribbean. From their about us page: The domain name moved to 101Domain is registered out til 2030.

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The views expressed on this page by users and staff are their own, not those of NamePros.
It's no hard science, and on your site (congrats) you will have people with several strategies colliding. This is not a bad thing, as long as the pragmatic people and the dreamers all give an exhaustive statement on how they're doing business. All insights are welcome, but I think you'll come across the same problems as on this forum in the appraisal sections.
Thanks, and agreed. There are no easy answers.

According to NameBio, there has only been one VCCV sale higher than ALMI: AMRA for $127k in 2015

The next two below are:
AHHA - $112k from 2012
ASDO.- $32k from 2014

So historically there have only been 3 sales of similar style and value range, and that's going all the way back to 2006.

Given that, is it worth waiting for that big payday? :)
 
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Thanks, and agreed. There are no easy answers.

According to NameBio, there has only been one VCCV sale higher than ALMI: AMRA for $127k in 2015

The next two below are:
AHHA - $112k from 2012
ASDO.- $32k from 2014

So historically there have only been 3 sales of similar style and value range, and that's going all the way back to 2006.

Given that, is it worth waiting for that big payday? :)

What if we had this conversation in 2005 and you were holding pronounceable 4l's? What if the conversation was in 1999? What do you think at that time would be a fair price for real good 4ls? 500 dollars? 1500 dollars max? Would it have been worth to wait?

I could ask the same about stocks, real estate and many other assets. Those that can't wait and are holding a quality asset will never achieve wealth.

Cash is being thrown at startups, people are making money in many areas, some of that money will flow into new businesses. Most will need a domain and some will want a quality name and will pay a fair price.

Most here with quality names will undersell your names, some will not fold, they will demand a fair price that is adjusted to todays times and all we will do is read these unbelievable sales prices one after another and wonder if they are fake.
 
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Those that can't wait and are holding a quality asset will never achieve wealth.
I think we're talking cross-purpose here. I'm not suggesting that anyone should sell for less than the domain is worth. What I'm asking is how one would determine what that worth might be.

What makes Almi.com more valuable than 99.999% of similar domains that sell for far less? It can't just be hold time.
 
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I think we're talking cross-purpose here. I'm not suggesting that anyone should sell for less than the domain is worth. What I'm asking is how one would determine what that worth might be.

What makes Almi.com more valuable than 99.999% of similar domains that sell for far less? It can't just be hold time.

Ever consider that some of those domains that sold for far less could have gotten twice as much as Almi is the sellers had less fear? Time plays a big role and I do suspect that you do not understand the difference in domains and i'm not about to write a book here. Time will teach you, it teaches all of us.
 
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Ever consider that some of those domains that sold for far less could have gotten twice as much as Almi is the sellers had less fear? Time plays a big role and I do suspect that you do not understand the difference in domains and i'm not about to write a book here. Time will teach you, it teaches all of us.
Certainly could. However, a bird in hand is worth two in the bush. :)
 
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What makes Almi.com more valuable than 99.999% of similar domains that sell for far less? It can't just be hold time.

Because the seller asked this price.. simple!

There is big misconception that a domain worths what a buyer is willing to pay, but in reality it is the opposite, a domain worths what a seller is willing to accept.

That being said that doesnt mean to go crazy and price your $20 acquisition domains at 6 figures because that will never work, it would be easier to win the lottery, you need to price your domains reasonably. Browse daily sales to see what sells in the market and overtime you will develop a sense of domain appraisal. There is no shortcut for this unfortunately because domain appraisal is not exact science but more like art appraisal which makes it really hard for starters.

Regarding the sale of Almi, I think it is a above market value, I would expect to get $60k max for this domain, so it was a very good job from the seller to get that price! Really impressive!
 
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Because the seller asked this price.. simple!

There is big misconception that a domain worths what a buyer is willing to pay, but in reality it is the opposite, a domain worths what a seller is willing to accept.

That being said that doesnt mean to go crazy and price your $20 acquisition domains at 6 figures because that will never work, it would be easier to win the lottery, you need to price your domains reasonably. Browse daily sales to see what sells in the market and overtime you will develop a sense of domain appraisal. There is no shortcut for this unfortunately because domain appraisal is not exact science but more like art appraisal which makes it really hard for starters.

Regarding the sale of Almi, I think it is a above market value, I would expect to get $60k max for this domain, so it was a very good job from the seller to get that price! Really impressive!
On the contrary even a FRESH NEW domain can be a six figure digit
 
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On the contrary even a FRESH NEW domain can be a six figure digit

As every new lottery ticket can be a six figure digit
 
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What makes Almi.com more valuable than 99.999% of similar domains that sell for far less? It can't just be hold time.

You are obviously interested in statistical research and past sales history of similar names, but I think most good names are purchased because the people with the chequebook actually like the name for a variety of reasons.

eg.

Mercedes named his company after his daughter.

Many businesses use their founders family name.

I'm sure IBM had no idea that they would progress beyond business machines, or that their choice of a rather bland business name would make a nice 3L domain name.

Who would have thought back in 1995 that Google, Facebook or Twitter would be famous domain names?
 
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Not all 4L's are the same and how you or me price names is not the marker of a names potential value. Why pick on this 4L? Go to the sold section of this forum and tell me what you would have priced most of the names sold for 3k+? 200? Let them drop?

Almi is a 250k name, but almost all domains of value will take a long time to sell because it takes a long time for the right buyer with money to think of a name and go for it.

I would say almost every domainer undersells their names because we feel that no offer on a name for many years means the domain is worth a lot less than we think. THIS IS A SERIOUS MISTAKE (if you have a quality name).

It takes time for their to be a collision between someone with money in love with a name and the name holder. If you buy a name with the goal of selling it quickly for a lot of money you will almost ALWAYS be disappointed.

This same problem happens to investors of other assets that do not always move much for many years. And in those cases too, only a few make money because the rest are restless.

In stocks you could sit on a company that is quality for a long time but there is very little movement in the stock. If you know the team behind the company is good and their business is stable and they keep trying, you know there is a chance that sooner or later they will do well with something and there will be a big move. (Summed up a few chapters for you from the Intelligent Investor).

If you buy real estate in an area that is good but there is no movement in the market to the upside and there is no decline in quality of life in that area etc. You could jump away and sell or you could know that sooner or later given the population growth and the rising cost in other markets, your area will rise a lot once it develops more and people move to it. But this takes time, the rewards are usually really good.

Domains are even more like the above examples. It takes time, a lot of time, but compared to other investments, you spend nothing holding on to a good domain asset. Obviously if you are a unrealistic gambler you will continue renewing all your junk names and demand silly prices for them, but if you have been around long enough and you learned to let go of junk, you will have a very nice tight portfolio, allowing you to comfortably hold and wait for the right buyer.

We are right now experiencing extreme cash injections in all parts of economies especially into tech. You could decide to be the scared peasant asking for pocket change for a valuable asset, or you could price things accordingly and have confidence in your goods.

PS worth repeating, everything I just said only applies to high quality names. If you have low end names sell it. Most will pick a quality name in another extension over a low end .com. The sooner you part with low end inventory, the faster you could focus on quality.

Good points made

The best investors in anything have

Patience

To keep their investments for a long time which requires patience

Day traders and hedgefunds cant win against warren buffett

Warren buffett is the master at investing and he buys good quality investments (businesses) with the intention of never selling

Why sell a good investment for cash in the bank which is the worst investment
 
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Good points made

The best investors in anything have

Patience

To keep their investments for a long time which requires patience

Day traders and hedgefunds cant win against warren buffett

Warren buffett is the master at investing and he buys good quality investments (businesses) with the intention of never selling

Why sell a good investment for cash in the bank which is the worst investment
Warren Buffet cool and all but he never approved of Bitcoin what does that mean ? He certainly supports banks 😂😂
 
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Because the seller asked this price.. simple!

There is big misconception that a domain worths what a buyer is willing to pay, but in reality it is the opposite, a domain worths what a seller is willing to accept.

That being said that doesnt mean to go crazy and price your $20 acquisition domains at 6 figures because that will never work, it would be easier to win the lottery, you need to price your domains reasonably. Browse daily sales to see what sells in the market and overtime you will develop a sense of domain appraisal. There is no shortcut for this unfortunately because domain appraisal is not exact science but more like art appraisal which makes it really hard for starters.

Regarding the sale of Almi, I think it is a above market value, I would expect to get $60k max for this domain, so it was a very good job from the seller to get that price! Really impressive!

I do Not agree, you can simply not decide the value of an asset just by saying you want this much. Some here do that, and I dont ever see them making a sale. (Unless they give in and accept a reasonable offer)

If I go buy a Cake to resell down the street, I can ask for $250 for a $30 Cake all i want, and while i will occacionally receive $250 for the cake by sheer luck, that will almost never happen. Most of the time I will have to adjust myself to the market and ask $45 for the cake, or it simply wont sell. Domains dont go bad, like Cake, but having higher expectations than what the market offers, will only work out very rarely. You cant just Demand Value where there is None.

I.e, yes, you can receive more by asking for more, but you mostly get away the best if you adjust yourself to the demand for the domain.
 
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I do Not agree, you can simply not decide the value of an asset just by saying you want this much. Some here do that, and I dont ever see them making a sale. (Unless they give in and accept a reasonable offer)

If I go buy a Cake to resell down the street, I can ask for $250 for a $30 Cake all i want, and while i will occacionally receive $250 for the cake by sheer luck, that will almost never happen. Most of the time I will have to adjust myself to the market and ask $45 for the cake, or it simply wont sell. Domains dont go bad, like Cake, but having higher expectations than what the market offers, will only work out very rarely. You cant just Demand Value where there is None.

I.e, yes, you can receive more by asking for more, but you mostly get away the best if you adjust yourself to the demand for the domain.
The reality of domain sales makes your analogy with cake look retarded. Spend some time on dnjournal, tell those sellers your cake story, people deserve a laugh, its been a rough year. None of those 5,6,7 figure sales would've happened if they attended your cake webinar.

With a quality domain you have only one, just like a piece of art or any other thing that is limited. The seller has a lot of control over the price as long as someone with money is really interested.
 
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The reality of domain sales makes your analogy with cake look retarded. Spend some time on dnjournal, tell those sellers your cake story, people deserve a laugh, its been a rough year. None of those 5,6,7 figure sales would've happened if they attended your cake webinar.

With a quality domain you have only one, just like a piece of art or any other thing that is limited. The seller has a lot of control over the price as long as someone with money is really interested.
I do like art 😇
 
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Warren Buffet cool and all but he never approved of Bitcoin what does that mean ? He certainly supports banks 😂😂

Any investor should only ever buy companies and or stocks eg parts of conpanies they understand

If you ever hear warren buffett speak he can go in to great detail about banks and recessions etc.going back 100 years etc eg he understands banks and talks about fields and gold etc because he understands these investments etc but he would rather buy parts of businesses than gold and bitcoin is the digital equivalent of gold
 
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excellent, congrats to the buyer and the seller. :)
 
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Nice name.

I have 5L Almvi.com
 
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What makes it a 250k name? What if it were Albi or Alni for instance? Or Aymi or Aybi?

I’m genuinely curious what you base your valuation on, for two reasons. One we discussed earlier regarding my appraisal site, but the other is because I have a 4-letter pronounceable .com in my portfolio that is priced to sell at $20k but now I worry it might be undervalued by a lot.

I don’t want to be leaving money on the table if there’s $200k extra I could be asking for.
I think I agree with Future Sensors. Sometimes value are attached to domain names for variant factors, like length, "catchyness", pronunciation, meaning of words etc.

And in this scenario, I think there is value in that name aside being 4 letters. ALMI: could be likened to be a short version of ALL ME! So you see, it short, pronounceable, conveys a meaning and makes alot sense unlike some random 4letters that conveys no meaning like the bolded in your post.

That my humble opinion though!
Congrats to the seller. And More wins to us.
Cheers.
 
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Totally agree it’s a beautiful line :)

THanks to you, I also came across..

A Mantra for the Domainers!

One of the best things I've read on this forum!! Somewhere in Rick's archives is the title "Domaining is a SLOW dance."
 
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