Domain Name Pricing Goals

[cindyda1]

I would like to get feedback concerning price goals that others who buy domain names set when determining whether to reg a domain name or not. In other words, do you say..."humm...I like this name, I believe there is a market for this name and I could get $XX bucks for it"...or do you have to feel that you could get at least $XXX or above for it?..I am speaking of undeveloped names. What is a worth wild figure in your mind that makes you say it's worth it? I know too many seem to think their names are worth a lot more than they usually are..I have been guilty of this as well.

 

[Robson]

If it's a decent name that you think could make anything above $50 then register it. I only buy domains I like and would use if I can't sell them.

 

[worldstar]

I believe that my domains already registed all have a value of more than mid to high $xx so I reged them!

 

[cvxdes]

I dunno if this is the right topic... but can anyone price:
http://stormkatrina.net/
http://stormkatrina.org/

thanks?

 

[slaydragon]

if its in my situation,...i would sell my domain no matter how much money...the main point is do i make a loss or profit...dun be too greedy...just sell it..

 

[infinitomagazine]

first i had no idea that domains could be sold so easily, i saw in this forums that i can buy a domain and the try to sell to anyone, thats good.
i buy a domain when have a name that could be use. I think that is a good idea buy a domains thinking about selling them later on.

 

[Epic]

I dunno if this is the right topic... but can anyone price:
http://stormkatrina.net/
http://stormkatrina.org/

thanks?

Go to the appraisal forum.

But IMO reg fee. Most of America has forgotten about Katrina by now and its kinda sick to make cash from a major tragedy

 

[Binfus]

I have been in this domainig thing for over 5 years now...the most important thing I've learned is this: If you're into domaining for fun and as a hobby then thats wonderful....you surf the forums, meet others online, learns stuff about domains, brainstorm, reg some names, may be buy a few from other domainers, always talk about developing them but almost never do.... ...and perhaps even sell a couple making some money. Sounds pretty good.

Now, on the other hand, if you wana take domaining as a serious business then like any other business, you need some decent capital outlay, a reasonably sound strategy, a pretty clear execution plan, and a realistic timeline....The odds of hand regging few dozen names with a total capital outlay in 3 figures and hoping to make a fat profit in less than six months are pretty much the same as playing scratch at your local convenience store.

Now addressing the original question, at least partially: If your target sale price for the domain is only in 2 or low-3 figures then most likely the name you have is such that any prospective buyer would not feel compelled to buy it having quite a few choices including hand-regging a name of about the same quality. In my candid opinion, there're probably only a couple of ways to make some serious money in this business: One, try getting on the ground floor by acquiring decent/top keyword names upon the launch of a new tld (.eu is coming soon; .xxx will be released in not too distant future), and secondly, try getting some bargains in the aftermarket and sit tight till you can sell it for at least 10 times of your purchase price....believe me its very doable, folks are still doing it even in .com (although to play with that you need a real big pot of dough)....for instance, just yesterday, I bought a .US name on Sedo for low 3 figures and I'm highly confident that one day I'd sell it for low-mid four figures. Brainstorming and hand-regging names several years after a tld's launch definitely is fun but a long shot for making money.

 

[cindyda1]

Domain name Pricing Goals

Binfus,

I see what you are saying and I agree...I am going backwards in this domain name game...I started out thinking I had this list of great domain names that should bring big prices and now that i still have them, I am looking at this as more of a hobby and am at the point where I will take what i can get for most of them and happy to do it...some of them i can't give away..it is still hard to stay away from regging new names when an idea pops into my head...but I am now trying to ask myself first...."Is it reasonable that i can get at least $XX out of this name, and can I live with selling it for that price if I have to"? I am not looking forward to the renewal dates coming up on some of my names, decision making/weeding out time..Thanks for the feedback from everyone.

 

[mole]

I know too many seem to think their names are worth a lot more than they usually are..I have been guilty of this as well.

Its called the 'lottery syndrome', and the key reason why most domains will end up unsold till the end of time.

 

[cvxdes]

Go to the appraisal forum.

But IMO reg fee. Most of America has forgotten about Katrina by now and its kinda sick to make cash from a major tragedy

i was going to make a site on there, with news and shit... but i was to lazy, and all the news stopped comin.. so i figured i'd just sell it to somone.