NameSilo

1,700 domains sold in '07; hopefully fewer in '08!

Located in General Domain Discussion, started by randomo, Jan 1, 2008

Replies:
80
Views:
9,136

  1. randomo

    randomo Top Member VIP ★★★★★★★★★★

    Posts:
    3,432
    Likes Received:
    198
    Yes, I sold exactly 1,700 domains in the year that just ended.

    But no, I haven't bought the Lamborghini yet. :) Most of those were low-$xx sales.

    I hope I sell fewer this year ... because I want to focus more on development & end user sales, and less on quick flips (though they are hard to resist!).

    Is anyone else turning over so many domains, or am I the only crazy one?
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Keynes

    Keynes Powered by Linux! VIP ★★★★★★★★★★

    Posts:
    2,479
    Likes Received:
    81
    Nice work Dave - here's to a x,xxx New Year!
     
  3. DomainLobe

    DomainLobe DN Investor ★★★★★★★★★★

    Posts:
    996
    Likes Received:
    28
    WOW!
    I don't have the energy to sell that many - besides I am a 'buy and hold' investor.
    Good for you.

    PS. What ROI do you look for?
    Cheers
     
  4. randomo

    randomo Top Member VIP ★★★★★★★★★★

    Posts:
    3,432
    Likes Received:
    198
    I will usually reg a domain if I can reasonably offer it for at least 5x its reg fee ... and I often end up selling them for 3-4x reg fee. (Some go for much more, of course!)
     
  5. namenut

    namenut Top Contributor VIP ★★★★★★★★★★

    Posts:
    3,641
    Likes Received:
    378
    You are a domain flipping machine!

    I think we sometimes forget that even a low $$ is 100% ROI and more. I would love to see the list of 1700 names you sold. Do you feel you have tapped into a niche stream of buyers? By age or genre?

    Happy New Year and 2400 sales in 08.

    namenut
     
  6. GetSmarrt

    GetSmarrt Established Member ★★★★★★★★★★

    Posts:
    28
    Likes Received:
    1
    :tu: Amazing. Congrats! Were most of them private sales or did you use Sedo, others? (Have to ask)
     
  7. randomo

    randomo Top Member VIP ★★★★★★★★★★

    Posts:
    3,432
    Likes Received:
    198
    I don't necessarily want to share the exact list, but here are some general characteristics of the 1,700 domains I sold last year (all numbers are approximate):

    800 .com's (including 240 LLLL's)

    600 .net's

    200 .info's

    About 400 of the domains were acronyms - that includes LLLL.com, LLLL.net, CCC.net, etc. The rest were keyword domains (including just over 100 one-worders).


    Places where I sold them:

    NP - about 750
    DNF - also about 750
    private - 65 (largely to people who had bought other ones from me somewhere else, but some to buyers who found me through whois)
    eBay - 40 (low prices, not going back there soon)
    DomainState - 40 (don't really use it any more)
    Sedo - 20
    SnapNames - 10
    Afternic - only 2, but one was my most profitable sale of the year :)


    That many sales requires a lot of bookkeeping - good thing Excel can handle it!
     
  8. GetSmarrt

    GetSmarrt Established Member ★★★★★★★★★★

    Posts:
    28
    Likes Received:
    1
    Thanks

    Quite fascinating--and very helpful. Thanks. (Rep added)
     
  9. DotUSDomains

    DotUSDomains Top Member VIP ★★★★★★★★★★

    Posts:
    3,136
    Likes Received:
    124
    Nice going,

    I think i sold 0 Names last year :)
     
  10. namenut

    namenut Top Contributor VIP ★★★★★★★★★★

    Posts:
    3,641
    Likes Received:
    378
    Thanks randomo,

    I was only asking alloud about the list.
    Great info and stats. Nice to see NPs and DNF are the leaders.
    4.657534246575342 ...... served a day hehehehehehe :)
     
  11. AzN

    AzN Top Member VIP ★★★★★★★★★★

    Posts:
    2,592
    Likes Received:
    131
    Very impressive, that's 1695 more sale's then me. :tu:
     
  12. -REECE-

    -REECE- Top Contributor VIP ★★★★★★★★★★

    Posts:
    9,381
    Likes Received:
    538
    Great Job! :)

    I started off the New Year well with 5 sales today. Kind of mind boggling to think you sell that many each and everyday on average!
     
  13. randomo

    randomo Top Member VIP ★★★★★★★★★★

    Posts:
    3,432
    Likes Received:
    198
    I'm already ahead of you, I got 6 so far today! ;)

    Keep up the good work, Reece.
     
  14. HcDomains

    HcDomains VIP Member VIP ★★★★★★★★★★

    Posts:
    2,980
    Likes Received:
    70
    1700 sales is a surprising number to me!!!

    Congras to you and good luck 2008 :)
     
  15. DotWeekly

    DotWeekly DotWeekly Founder DotWeekly Staff VIP ★★★★★★★★★★

    Posts:
    2,893
    Likes Received:
    241
    Dave, since you and I do many of the same things, my sales numbers are just a touch higher then 2K domains sold this year. I do plan on lowering that number as you do, but it's just so hard to pass up the cash. If I still have the time, I just can't pass it up. (I'm sure you will not either) :) Maybe I can hire somebody to some of the work. :xf.love:
     
  16. stub

    stub DNStore.com PRO VIP ★★★★★★★★★★

    Posts:
    25,449
    Likes Received:
    10,709
    Nice stat's Dave. Wow you sold just under 5 domains every day last year. Now you sold 6 on day 1 of this year. So much for your NY resolution to cut down :)

    I have three questions...

    1) How much time do you spend each day on a) aquisitions, b) everything else domainwise?
    2) On average, how many domains are you holding at any time?
    3) how many domains did you drop last year?
     
  17. randomo

    randomo Top Member VIP ★★★★★★★★★★

    Posts:
    3,432
    Likes Received:
    198
    Hey Stu,

    Good questions. Approximate answers:

    1) a) 1-2 hours
    b) 2-4 hours

    2) 1,000-1,500

    3) about 300 (will probably increase this year, as I reg'd many more domains in '07 than in '06)

    P.S. Today's sales are up to 7, & I'm negotiating for a possible bulk deal that would raise that number substantially.
     
  18. htmlindex

    htmlindex Top Contributor VIP ★★★★★★★★★★

    Posts:
    14,573
    Likes Received:
    723
    Wow, that's a lot of sales, congrats on the good work!
     
  19. Easydoms

    Easydoms Established Member ★★★★★★★★★★

    Posts:
    1,128
    Likes Received:
    13
    Nice one, I'm sure there is a nice car waiting in a posh garage for you!!!

    All the best for 2008.
     
  20. Andro

    Andro Established Member ★★★★★★★★★★

    Posts:
    150
    Likes Received:
    0
    Very good work, which service have you used to sell them ? Sedo, Namepros ?
    Have you registered domains by yourself, or you have bought on the second market ? Have they been new domains, or they have had few years ?
    Maybe you think about offering brokerage ?
     
  21. randomo

    randomo Top Member VIP ★★★★★★★★★★

    Posts:
    3,432
    Likes Received:
    198
    One of the earlier posts shows where I sold them.

    Most of them were drop-catches. I also did some buying on domain forums, eBay, etc.

    I have thought of setting up a domain-sales website, but still haven't made that decision. Too busy flipping ... :)
     
  22. ajldomains

    ajldomains Established Member ★★★★★★★★★★

    Posts:
    50
    Likes Received:
    0
    I just looked at my spreadsheet and we sold no less than 850 domains last year, so you are not the only crazy one. I really started getting into this in April so those numbers are not for an entire year.

    Did every name I sell go for profit? No.
    Am I happy with the outcome overall? Uhh, yea!

    My goal for 2008 is to expand our numbers and closing 15-20 domain sales per day, at least 6 days per week...to close more domains in live auctions and on websites like Sedo and Afternic.

    We'll see how that goes.

    Jim
     
  23. mntor

    mntor VIP Member VIP ★★★★★★★★★★

    Posts:
    2,434
    Likes Received:
    65
    Great Stats. Congrats mate. Encouraging and Mind Boggling. :great:
     
  24. stub

    stub DNStore.com PRO VIP ★★★★★★★★★★

    Posts:
    25,449
    Likes Received:
    10,709
    Wow. Only 1-2 hours on acquisitions for so many domains. How do you manage to be so efficient? You must be making quick decisions and little research.

    Wow (again). Turning over more than 100% (at profit ratios of 300-500%).

    I like your numbers. I sold 129 domains last year. Most were firesales to other domainers. But I did sell 21 domains to end users. I dropped about 850. Still made a good profit (but profit per hour was way below minimum wage).

    This year is going to be one of consolidation for me. I have too many domains to manage efficiently. I've stopped buying (which saves me about 4 hours+ a day). I'm going to concentrate harder on selling and parking optimization, with a little bit of development thrown in for good measure.
     
  25. bricio

    bricio VIP Member VIP ★★★★★★★★★★

    Posts:
    2,577
    Likes Received:
    112
    congrats for the impressive stats randomo
    i hope 2008 be much better for you!!!
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
biix
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...