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Domain age is myth

Labeled as debate in Domain Beginners started by Isac, Dec 29, 2017.

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  1. Bayan

    Bayan Established Member

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    It is a very bad strategy to sell a domain based on its age or even mentioning the "age" joke! Companies and end users only care about the quality of the domain/name/brand
    Once a domain seller/broker mentions the "age" joke in a desperate attempt to sell a domain ,the potential buyer/end user starts to wonder ; how domain's age is gonna help my business!
    Domains are NOT stocks, and they are NOT tangible antiques (paintings, cars...etc) that gain value and appreciate with time. Domains are more valuable because they are a form of INTELLECTUAL PROPERTIES
     
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  2. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    The only joke here is your lack of understanding the value of an aged domain. The only desperate attempt is that of a buyer that does not understand the intricacies of domain valuation, and attempts to acquire it on the cheap.

    Brokers that don't utilize a domain's full characteristics to share a domain's value with the potential buyers, need to find another profession.
     
    Last edited: Dec 29, 2017
  3. Abdullah Abdullah

    Abdullah Abdullah Devuu.com Moderator Gold Account VIP

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    I dont see why any seller would want to tell any potential buyer, specially end users, the age of the domain. The buyer wants the name and likes the name. That should be the only discussion with him or her unless he asks about it.
     
  4. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    Because the age of the domain establishes other parameters related to valuation. It also establishes a legal grip on the domain. When someone feels inclined to aggressively seek a low price, you can slap them with the domain's registration date: e.g. 10 years ago.

    They shut up fast after that.
     
  5. ctmixing

    ctmixing Established Member

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    Aged domains just means someone registered it years ago. The value is in the name, not the age.

    If old domains held any real merit such as better page rankings, companies would be buying them like crazy. Even the sh*tty ones.
     
    Last edited: Dec 29, 2017
  6. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    The value is in a mix of things, including age. If you don't believe me, my biggest sales involve domains I held for a decade or more.

    The thread is titled "domain age is a myth" - that's really the myth here, debunked.
     
  7. Recons.Com

    Recons.Com Top Member VIP

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    I do like my domains aged )

    Sometimes I will prefer to buy a name at GD closeout overpaying $5-11 than waiting for them to drop or search in expired names, because I like to keep their record intact )

    So, here, if I am overpaying a bit for it, it is not a myth anymore for someone )
     
  8. xynames

    xynames XYNames.com PRO VIP

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    There’s nothing wrong with mentioning the age of a domain to a potential buyer but it’s just not something that comes up all the time.

    I do recall one or two jokers with lowball offers who tried to mention that the domain had been sitting there unused all this time so I should sell it cheap and another joker inquirer who said something about could I sell the domain cheap “if I’m not using it for anything” but these guys were low ballers and not worth a retort educating them about “domain age.”
     
  9. Bayan

    Bayan Established Member

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    What is the value of an aged domain?How can its age help the business?
     
    Last edited: Dec 30, 2017
  10. Bayan

    Bayan Established Member

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    There are many UDRPs filed against domains even many years after domain's registration
     
    Last edited: Dec 30, 2017
  11. xynames

    xynames XYNames.com PRO VIP

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  12. Shuttlepro

    Shuttlepro Top Member VIP

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  13. Bayan

    Bayan Established Member

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    My simple point is that "domain's age" does not add any value to the end user's business.
     
  14. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    You're in NZ? Many times, an enterprising Kiwi gets their undies in a knot, when they see I have the .com and they demand it due to the .co.nz. Then I point them out the date of registration of the .com.

    You're welcome.
     
    Last edited: Dec 30, 2017
  15. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    Well, that's just your opinion.
     
  16. Bayan

    Bayan Established Member

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    It is a FACT Acroples, a clear FACT
     
  17. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    Check your registration date here, then check mine. I think that I've seen the sun rise and set longer than you have.
     
  18. Bayan

    Bayan Established Member

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    Registration date of any member does not necessarily mean they are new to the industry!
    A new member who just signed up couple of months ago shared his decade of knowledge , experience and success in this industry
    https://www.namepros.com/threads/almost-a-decade-of-domaining.1056328/
     
  19. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    I am humbled.

    Not.

    I assume you came here to misinform others on the value of aged domains, just as the OP did.
     
  20. alcy

    alcy Top Member VIP

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    age is not guarantee of quality domains
    but quality domains tend to be aged.

    there are reasons for this.. so obvious and clear that I hope they don't need clarifying.

    jmo

    happy new year to all
     
  21. Bayan

    Bayan Established Member

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    I a firm believer that "domain's age" does NOT add any value to the end user's business
     
  22. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    Bingo.
     
  23. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    Ok. Hold onto that failing principle as firm as you wish.

    I, on the other hand, have seen on many an occasion how much easier it is for the seller to control the selling price of a domain, when age is introduced as a bargaining factor.

    I've used a domain's age against lowball offers, threats, arguments on inherent value, and towards successful sales.

    Someone calling that a domain's age is "a myth" is simply unable to land sales of high priced domains.
     
    Last edited: Dec 30, 2017
  24. Bayan

    Bayan Established Member

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    We focus on the power of the name itself , its quality, the brand and the endless opportunities the domain can bring to end user's business, not age!
     
  25. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    Focus on whatever sells the domain at the best price, age included. Unless you want to leave money on the table.

    I mean, this is a Domain Beginner's forum, want to give them the wrong direction, be my guest.
     
    Last edited: Dec 30, 2017

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