Buying Lost Premium Domains...

[Sachy555]

Why people lose premium domain names if they think its really valuable...

My thinking was if I buy domain I am always the first owner. But when I buy two domains which change my thinking. First I buy UKGBP.com and check in Godaddy search which says this is Premium domain and cost is $25,000. I asked them I am not your auction member and I don’t want to sell domain. Why I see this message. They answered me that first buyer of domain registered it in premium category. I tell them to remove this premium tag I don’t want to sell. They said they will make changes but still it is in premium category. But this change my thinking that if I buy any good domain chances are I am not the first owner. So I check domain age of UKGBP and found first registered in 2011.

Another one I buy TheDax.com which again loses by somebody else first registered in 2008. Again premium name.

UKGBP.com stands for United Kingdom Great British Pound. Excellent brand for any Financial Banking sector company in UK.

TheDax.com You can search Google / Wikipedia for term The Dax. You will get all info. Again Excellent brand for any Stock Market sector company in Germany.

I have two Q

1) If previous domain buyers think it is premium brandable meaningful and high search names. As they are. Why they lose it. I mean if they want $20k to $25K then they could wait for next 5 yrs and just to pay $50 and renew for next five years for premium names not a big deal. If they think its not premium domains and nobody will give $20k then why they don’t sell it to $1K or even less. So at least they recover their some domain names investment. Is it ego OR because of huge domain portfolio they forget to renew.

2) Why domain age matters. Though there are millions search for these words. BUT If there is no any website and no any traffic to that exact domain name .. still age matters..??

 

[TestCase]

I have two Q

1) If previous domain buyers think it is premium brandable meaningful and high search names. As they are. Why they lose it. I mean if they want $20k to $25K then they could wait for next 5 yrs and just to pay $50 and renew for next five years for premium names not a big deal. If they think its not premium domains and nobody will give $20k then why they don’t sell it to $1K or even less. So at least they recover their some domain names investment. Is it ego OR because of huge domain portfolio they forget to renew.

Domains drop for hundreds (thousands???) of reasons. The domains could have been dropped becasue:

1. The domain owner(s) passed away and the domains expired.
2. The domain owner(s) have so many domains they occasionally lose track of some, miss the renewal and don't even know they are gone (or even know they ever owned them).
   
3. The domain owner(s) had limited budgets and were not able to find buyers before they expired.
4. The domainer(s) spouse got sick of hearing that they will be rich just as soon as they are able to find buyers for the "multi-million dollar domain portfolio" they have put together by maxing out the family credit card.
   
5. The domain owner(s) realized they were NOT as "premium" as they thought and decided to let them drop. ("Beauty is in the eye of the beholder". Generally speaking, the meaning of "Premium" is subjective.)
   
6. The domain owner(s)... (fill in the blank)
7. etc, etc, etc...

2) Why domain age matters. Though there are millions search for these words. BUT If there is no any website and no any traffic to that exact domain name .. still age matters..??

Age is only relevant to some people. It used to be considered an important SEO factor in years past but this aspect is pretty irrelevant these days.

My 2 cents.

Good luck with your domains! Please report back to us know when you sell them.

 

[4better]

Domains are dropped either intentionally or unintentionally. Most of the time, they are done intentionally presumably because the previous owners don't want to waste more money renewing those domains. They look at them as worthless so they let them dropped. However, others see them as something worthy and profitable and so they grab these dropped domains. Later on, these same domains are again dropped by the new owners seeing them as utterly useless and so the vicious domain cycle continues.

Domain age for me is still relevant as most of my $xxx to $x,xxx sales are aged domains. The last one was purchased by a Chinese company wherein the domain was registered on 1995. A website was immediately set-up after a few days and it was mentioned there that the company has long been established since 1995 with a banner stating 21 years of international experience spread across many countries. Visibly placed also "Copyright 1995-2016". I think this is one reason why an end user wants an aged domain.

 

[Hypersot]

Domain age for me is still relevant as most of my $xxx to $x,xxx sales are aged domains. The last one was purchased by a Chinese company wherein the domain was registered on 1995. A website was immediately set-up after a few days and it was mentioned there that the company has long been established since 1995 with a banner stating 21 years of international experience spread across many countries. Visibly placed also "Copyright 1995-2016". I think this is one reason why an end user wants an aged domain.

I also belong to those that believe age is not important but what you just wrote gave me lots to think about.. thanks

 

[Name Trader]

A domain owner can put any copyright notice age they like on their newly purchased domain. It doesn't need to comply with the domains age. In fact, I would be leery about dealing with a company that does as you have described, unless they are a leading player in their industry with significant track record.