.mobi Buying Mobi in a dip at reasonable prices...

[labrocca]

For all my dislike of mTLD...one always has to consider the value of any commodity. In the past mobi's were overvalued and not worth the investment in comparison to other extensions.

For example...because of the mobi craze I caught some great deals on .com's and .net's. LLL.us names have also gone done imho for the same reason. A LOT of domainer capital went into mobi. That left those holding the other extensions little choice but to sell cheaper or hold. I held. I also bought.

Now that mobi appears to have fallen off the high horse I am hoping greatly to see some realistic prices on names good for development. mobi parking is worthless and even development isn't gonna be a big winner for some time. The past 6 months I have seen a few reasonable names but priced way out of proportion to return. ROI (return on investment) is important to me.

I hope to start seeing some decent names for $25-$250 now that I might pick up for development. Yes...I could have registered names 6 months ago probably but imho..I didn't want to get caught up in a hype frenzy and find that I spent $1k on registration fees to end up with 2-3 good names. I would rather wait...pay a few hundred and get the quality names I want now. The market seems to have been shaken out and it's still relaxing imho.

It should be an interesting summer.

I also want to encourage those holding mobi domains to consider reasonable prices if you do want to sell. If you get a PM asking about keyword.mobi don't reply with inflated $x,xxx prices that you know it's not worth. Consider a REASONABLE price please. Something that makes you money...and gives the buyer a chance to make money. That's a natural market.

Thanks for reading.

 

[Keith]

I think people are asking high prices because they are reluctant to let descent names go. It is better to keep a name that may be worth $xxxx in a year or so vs. taking xx or xxx now for a quick sale. The uncertainty is why ridiculous prices are being asked.

I have made several $200 offers for LLL mobis and have had no takers. That tells me that people want to hold out to see where this thing is going to go. Of course I am not going to make a high $xxx offer on something that may be a bust. Hopefully I can score a few before it is to late.

keithmt

 

[-REECE-]

I think people are asking high prices because they are reluctant to let descent names go. It is better to keep a name that may be worth $xxxx in a year or so vs. taking xx or xxx now for a quick sale. The uncertainty is why ridiculous prices are being asked.

I have made several $200 offers for LLL mobis and have had no takers. That tells me that people want to hold out to see where this thing is going to go. Of course I am not going to make a high $xxx offer on something that may be a bust. Hopefully I can score a few before it is to late.

keithmt

I agree with your reasoning 100%. Most people's lives aren't going to change dramatically if they sell 100 .mobis they bought for $10 each for $50 each (i.e. profit of 4k). However, if they sold them all at XXXX, as you said, they're looking at an amount of money that could potentially change their lives in a meaningful way.

 

[garrett200]

Its rough trying to get LLL for low xxx, people simply don't want to let them go. Believe me, I've tried too.

I had to pay $1,000 for ssi.mobi, but I'm ok with that because I really wanted the name and it's in the top 5% of LLL so it's worth it.

 

[garrett200]

Its rough trying to get LLL for low xxx, people simply don't want to let them go. Believe me, I've tried too.

I had to pay $1,000 for ssi.mobi, but I'm ok with that because I really wanted the name and it's in the top 5% of LLL so it's worth it.

 

[-REECE-]

and it's in the top 5% of LLL so it's worth it.

For sure. Top 2% IMHO.

 

[scandiman]

Labrocca, I have to give you kudos for a having a steel pair. You've spent months kicking mtld and blasting people for buying .mobi domains (Manson family domainers was one of your classics). Now you are buying .mobi's, encouraging people to sell to you at "reasonable" prices.

People vote with their money and I'm glad to see you place your vote in favor of .mobi. I'm sure you will find what you are looking for, well played.

 

[Keith]

This is similiar to buying stocks. Buy low, sell high. Now I just need to find someone selling low! :hehe:

keithmt

 

[acc]

No it means now the market is getting stable and it's easier to judge value. I try not to overbuy in a buying frenzy. ... I have 600 names...I am not short of names to develop. If I never reg or buy another name again..I have enough to develop for the rest of my life.

What may be a $0 reg fee to you is not to me. .... I didn't buy l33t to park or to resell. I bought it because I knew I could develop it one day.

I agree that with a several month history of name sales it is a bit easier to understand pricing. After seeing all those "$0-reg fee" responses about every .mobi name from all the drive-by types from day one, can you finally offer dot mobi owners have the same possibility - that they just might know the possibilities in developing their names, be it 6 or 600? Every single domain name can mean something to somebody. Every person has their own ideas for the possible development of a name.

Consider it a pet peeve of mine about overpriced items and fellow domainers being suckered into a quagmire. How long have you been domaining? A year...two? I been doing this since 1996 more or less.

Congratulations and best wishes for success with your video sites and any of the other 600 names that you develop. It was about 1999 for me and just like in life and business I learn something new every day. Early on it was more "brandables" which undeveloped gathered dust and renewal fees. But April 2002 was more important for me with the release of .US and 2006 may prove to be much better with the introduction of .mobi. What gets me riled a bit is the use of terms like "worthless" and "quagmire" in reference to something brand new like dot mobi.

I have seen trends. I have personally earned and lost a mini-fortune. It's not a great feeling to be that high up only to loss it all. Maybe I am trying to share my wisdom a bit in the hope that others buy wisely.

It is a good thing to watch trends. Trends by their nature require time to develop. The predictions about the certain demise of the dot mobi extension from opening day in September 2006 did not give the trend to even start to develop so that it could be properly read. It is soooooo early in this rollout of the mobile web space AND the dot mobi extension. We all deserve a little latitude to see how things play out and develop. We have witnessed and lived through the drumbeat of posts of the likely demise of the .mobi extension from day one. Might you understand how that sort of thing wears thin on those of us with good solid generic dot mobi names?

No one has to listen to me. But my conciensce is clear at least.

Good to hear. And don't you think that the consciences of those who regged fine generic dot mobis is clear too? Don't you think that they deserve the benefit of the doubt and that they just might have some good ideas too?

Best of luck with all your names (in any extension) and ideas. In the meantime I'll go and try to find out what the heck a "l33t" is.
.

 

[mjnels]

pfffffffffffft.....this thread (like most of them) cracks me up to pieces..

 

[think]

No idea what L33T is but my buddy had the dot net and sold it for $100 with traffic.

I think there might be bargains but the 3 letter market is held in few hands and this isn't going to change. I got about 200ish 3 letter mobis and wish I had made a run on them like others figured out. I was planning to but got cold feet as I spent a great deal on the land rush and initially I thought the market would be a sleeper so I'd have time to pick up a few more.

I went to Miami Traffic 2006 planning to walk away with a top mobi like Flowers.mobi, Hot.mobi , or Fun.mobi for about $15k. I really thought is was possible and was planning to be taunted for taking the plunge. Everyone at the Traffic auction was stunned by the sales. It was a very exciting time for me as I had a nice portfolio but it was also very humbling for me as I totally underestimated the interest by top Dot Com players.

I still think the bargain of the Premiums was RealEstate.mobi at $85k. I can't play on that level but I think real estate is an excellent term as I've wanted to find more information on houses many times while driving by and I think about the day I'll be able to access this information by phone.

Best of luck to you in your purchases Labrocca. I still find names at decent prices but to me the range has been more in the high $xxx to low $x,xxx range as I am looking at strong one and two word that relate well to mobile search.

 

[movingconcierge]

I just loathe the fatherly argument, "listen here youngster, I've been doing this since the beginning of the silicon chip...blah blah blah." Shut the F up, already.

Who cares what you've done, when, and for how long. How arrogant is it to think that your insignificant piece of air matters to anyone else to the extent you think it does.

You don't need to know how the wheel was created to win the Indy 500. You can quote me on that, pops.

 

[dag]

Just wanted to agree with what a couple of others have pointed out:

I know that the current value for a majority of my portfolio isn't in the $X,XXX range, but that's the range I frequently quote when I get inquiries about selling any of them. And that's not because I'm being greedy or overestimating their current value, but because that's the amount that I'd have to be offered right now to convince me to part with them and not wait it out. Basically, I'm being asked to forego potential future increases in value on those names, depending on how well MOBI does in the next few years, and I'm not prepared to do that without some extra compensation. Who knows...I might eventually be sorry I didn't accept smaller offers, but that's a gamble I'm willing to take.

However, if you're going out of your way to sell your MOBI names in a sales thread, you should be asking much more reasonable prices.

I just loathe the fatherly argument, "listen here youngster, I've been doing this since the beginning of the silicon chip...blah blah blah." Shut the F up, already.

Who cares what you've done, when, and for how long. How arrogant is it to think that your insignificant piece of air matters to anyone else to the extent you think it does.

You don't need to know how the wheel was created to win the Indy 500. You can quote me on that, pops.

Granted, Labrocca is pretty full of himself most of the time, but I would say that experience does in fact count for something. So don't be too quick to dismiss everything he has to say. Just 90% of it....

 

[scandiman]

No idea what L33T is but my buddy had the dot net and sold it for $100 with traffic.

http://en.wikipedia.org/wiki/Leet

 

[garrett200]

Labrocca,

I really can't figure you out bro. One day you're in here saying .mobi has no chance, and then the next you're in here trying to do deals to get some.

Apparently, you do see some potential in it. Ahhh haaaa, gotcha!

 

[mjnels]

l33t hax0rz ar3 a|| o\/er th3 |nter|\|et.. /-\nd th|s m3$$ag3 b0ar|)..

 

[scandiman]

l33t hax0rz ar3 a|| o\/er th3 |nter|\|et.. /-\nd th|s m3$$ag3 b0ar|)..

|33+ |z 5()/\/\3 [12/-\>_`/ 5]-[|+!

 

[-REECE-]

l33t hax0rz ar3 a|| o\/er th3 |nter|\|et.. /-\nd th|s m3$$ag3 b0ar|)..

Elite hackers are all over the Internet.. And this message board..

0mgz I must really be a l33t n00b :gl:

edit: Scandi is too hardcore l33t for m3 :lol:

 

[scandiman]

Scandi is too hardcore l33t for m3 :lol:

:lol:

|33+ |z 5()/\/\3 [12/-\>_`/ 5]-[|+!

5 |\|9$ to the first correct translation via PM!

 

[Keith]

Forget buying in the dip. I just put in 3 offers on LLL mobis. I got 2 counters at $1000 and one at $60,000. Way out of my range. People simply will not sell cheap until we see where mobi in going.

keithmt

 

[mjnels]

alright fellow script kiddies, time to close up mIRC and goto bed.. leet is some crazy sh*t, indeed..