Everybody wants premium names but check the budgets in domains wanted

[biggie]

just want to bring this up, again

if you want premium names, then expect to pay premium prices


you don't want certain letters or only want specific numbers or want the name to end in "ie" only.....then you gotta pay extra for the extra criteria


you want names with pr, traffic and ppc earnings, you gotta pay extra for those too

also, it's trickery to post that you got $10k budget for the right name, but every offer you make on a qualified submission is only $250

increase the budgets!!!

 

[hawkeye]

..
so perhaps that inability to gauge value, also has effect on budgets in the domains wanted threads.

imo...

This may be applicable when one is looking for a 'mediocre' domain, but those that want lll.coms for $2500 or so, or a one or two word 'premium' domain either are domaining naive, outright cheap, or crooks/cons plain and simple. The benchmarks for these types of domains can be found 'everywhere' daily in all the various blogs, forums or sales report sites, which every 'domainer' reads (or should) daily. So there's 'no excuse' of an 'inability to gauge value' for these types of domains. It's quite obvious what type of 'domainer' are those that make these types of requests... "L"

 

[ivey]

like everyone else, I love getting a deal when buying a name. However, I do think people are using the wtb forum as a charity event. Sometimes people are the end-users, but only want to pay pennies. You don't have to pay end-user pricing, but be willing to sacrifice for your own brand. I used to try to buy xxx names or use a handreg for my own brand or enduse, but someone would always remind me that if i wanted to be taken seriously, then i need to invest in a good name and that is exactly what i did. So, you can't always be looking for super re-seller pricing.

If you are buying to re-sell then re-seller pricing is expected. However,don't expect someone holding a mid 4 figure name to give it to you for xx. If you can make any measurable, profit on a name then that is reseller pricing. I saw names on here that i would have purchased for $700, but didn't have the funds handy. Not to my surprise.. those names sold for 4 figures+ One example was the name: Studio55.com, creativelabs etc..

If someone is willing to give me a great deal at xxx or xx then great! but the section cannot be cheapened with this re-seller overkill tactic. I'm talking mostly about people who can afford more and know they can profit still. My point is, if you can profit on a name then that's re-seller pricing. Someone wanted to buy one of my top names for $100. Not to my surprise,i sold it for 10K. You're profit doesn't have to be 90% in orer to label an offer re-seller pricing. We can't just think because someone is asking more than $50 for their name, then that means you are not getting re-seller pricing.

I think people are just not good at valuing names. Unless the market says a certain kind of name is worth $300 + like llll.com's, then people are lost. Lastly,I want everyone to keep getting deals when possible, like I would. I just don't want us to be spoiled to the point of living outside of reality, where we think every name there should be for peanuts. Otherwise, you will have people with the perfect name for your request, but they won't submit it and you will never know. Because what you are paying doesn't even cover the renewals the name has.

 

[biggie]

had to "up" this thread, because.......


while browsing dn wanted section, i noticed thread seeking 3L.com and 4L.com
so i peeped in to check

posted budget for this request is less than $3k per name

with a total budget of less than $6k


imo....

 

[Bravo Mod Team]

what's the word for needing money desperately...so you need to sell fast even for ridiculously low prices?

One of these?

• Liquidation
• Closeout
• Clearance sale
• Hastily selling
• Short-term investor
• Flipper
• Bankrupt
• Desperate
• Motivated seller
• Generous

 

[ivey]

I think people are using the "wholesale/reseller" tactic as a way to get 5k+ names for $50.

It's being manipulated at this point.

Dang! Even pawn shops have more integrity than domainers(Some).

 

[NameFit]

One cannot stop someone (buyer) from having unrealistic expectations. That is what they are willing to pay, take it or leave it.

But where they list the realistic prices, they use loophole of 'price range' - people mention range of $250-$5000. So obviously they will come back with $250 offer for the best of your names. They are honoring what they are saying.

 

[NameOmnia]

We are sometime having weird situations...

I had this guy who contacted me via my parking page... with an offer of 500$ for one of my domain ...

I played the game, said that I was expecting a little more, with a lot of diplomacy ... The guy was ok for 600$ ... then he asked me if I had other domains with the same specific keyword (as the one he asked for)... Said Yes, four others... He asked for a price... Said, same price for each, then a total of 3K for these 5 domains (so 600$ for each).

Then, from nowhere, the guy said that I was a silly capitalist, making money with domains, blablabla... and said he won't buy them ... WTF ?? This guy is from France... It's the third time that i'm having this kind of situation, exclusively and only with french.

I told the guy (as a joke): "Why ? I don't really care if you're a communist, socialist or else (it's your life)... anyway, it's just business... You need this domain and i'm providing you with a good price ... What is the problem ?"

He said: " Communism is as present in France as ignorance in the states. The fact that it has a name does not mean that it’s a good thing. You already know that your job is not something that you can be proud of.
I have a problem with parasitism of the people that really work and produce something."

OMG !!!! I replied: "WOW, Keep calm buddy... Remember that YOU asked for these domains and I don't even know you ..."

Then, nothing...

YEP..I hear you.
A poor and almost broke student from the south of France turned into a very native English ahole after I quoted a name a price that he didn't like...
I wished him the same and blocked his email. It happened on DNS for me.

I think that the stuedent thingy is just a poor technique they use to try to lower the price...

 

[NameFit]

I get lot of offers, many of them low-ballers. In such cases, most of the times, it is my assumption that the buyer does not know how domain industry works, what are the prices of the comparable names.

So I let it run the due course - let the buyer go out in the market, search alternative names - get frustrated, see their prices, and then come back and make a reasonable offers. Average price of my sales is above $1500. Unless it is like $5/10/50 offer, I do reply to all offers, because not replying is just closing any possibility of any deal. I do try to know what purpose they are seeking a name for, I do suggest alternative names - so that it expands their vision/thought. Even though, as a seller, I do not think it is our 'responsibility' to educate the buyer, but we have to look at this, it is in our interest to get him to the realistic level - it is the question of setting expectations. We have to do our part, and let him do do his part, that is, 'let him do his market search'.

Sometimes, I feel that if the user wants to set up a business and he plans to spend only $50-$100 for a name, then obviously it is not a business plan and 'it is just a thought' at this time. And he is more likely to give up the business thought all together if he cannot find a name under $100, so I would not spend too much time on him.

 

[biggie]

seen a few threads in domains wanted section lately with decent budgets,

but there are still plenty of posts where the budget is too low for the criteria and type of domain requested.

if you want quality, you gotta pay for it

imo...

 

[biggie]

just want to bump this up with a new observation in domains wanted section

i've noticed lately, that some members are now saying that they will "report" you, if your submission isn't within their criteria

and it looks like majority of those who have stated this, basically joined np within the last year or so

don't have a problem with that, if the submissions are way off base,

but does that "threat" of being reported on, inhibit you from replying?

as for the budgets

some have posted higher overall budgets, but the "per name budgets" have been stagnant.
not seeing any real increases in that area, for any particular category

so i gonna keep saying it... "if you want premium, you gotta pay for it"


imo....

 

[ivey]

We need to correct the definition of re-seller pricing, IMO.

Re-seller pricing to me means, any reasonable profit that can be made after the purchase of a name. It does not only mean paying xx, for a xxxx+ name. If someone sells me a name for $250, $500, $750, and I know I can make 4 figures or more, then that's re-seller pricing to me. If I pay $1000,or $1,500 for a name that I am confident can go for $5000+ then for me, that is re-seller pricing. I won't complain if I can get a name for $15 or $35 but that is not the standard for re-seller pricing. That just simply means you got a heck of a deal. That means you found a seller with a kind heart, who is motivated to sell and isn't attached to their names. I have encountered a few of those kind souls. Be thankful, but don't use that as a standard in the wtb section. Be fair and know when you can make a profit. Otherwise all these new domainers will come thinking they have the right to buy your 16 year old solid two word .com name for $15.

I watched a TV show, that showcased a few people who made a living selling the base of trees. That area that has those beautiful colors and natural designs when cut. They can go for 4 to 5 figures depending on size and quality. They make top class furniture. These guys would pay $1000 or $3000, to use someone's land, because they knew a few trees would get them $5000 +. They were fair and realistic. As long as you are getting the opportunity to make a good profit, you have a deal, you have re-seller pricing. Now this is more sturdy than domaining since the market has set the prices..or ranges. But we all come into domaining knowing the risk... Those names that don't cry liquid sell for way more than llll.com's. You just have to have an eye for choosing quality domains and smell when a name makes a great brand. You know when you are getting a deal or a profit.

 

[karmaco]

It’s not even reseller pricing when certain buyers want to pay way less than you acquired it for, less than acquisition and renewal and way less than they could ever get it on the average reseller marketplace.

There is a number of people here who want to buy way below reseller pricing.

It’s one thing if you simply want to get rid of a name and are ok to basically give it away but that kind of buyer should NOT expect award winning names for their lame budget.

Domainers as a general rule are super cheap here. And yes some are rude. Lately I have had very polite interactions which is an improvement. There were some idiots in the summer reporting people for no reason.

 

[ivey]

WTB section problem is the word "wholesale". Even end-users are pretending that every name they are buying is for resale(when it's not so). And brandbucket names are all expected for $25(even good ones). We have made the whole section only wholesale, and we have not defined wholesale as, anything that you can make a good profit on. Someone once sold MrSmile.com to me for around $250 and i thought that was a monster deal.... and not surprisingly it sold for 6k on BB. I would have spent $500 to 1k on it if i could have afforded that.. at wholesale. Because the possible profit is what determines wholesale for me. Right now wholesale is defined as $25 and $250 if you're lucky to have a nice one word .com lol. There is no room for retail or even solid offers. Most domainers are not willing to spend on their own business name, so imagine anything else.

Even today, I saw a request that I had two great names for. I literally started to submit the names within their budget and I stopped right before I could click send. Though I could use some extra cash, I literally thought it would benefit me more, developing a site myself. Sometimes you can't let people value names for you. Lastly, if you do send a name valued way over their budget, but you send it close to their max budget...they think you probably did it simply because it's their max. When in reality, you're underselling by a mile..

Like wtf, you think $250 can buy launchup.com? nyam.com? gotbrands.com? please... At this point I don't even look at that section. That section is should be renamed to>.....

Something like....... what's the word for needing money desperately...so you need to sell fast even for ridiculously low prices???? I know it, but it just won't come to mind.

 

[lock]

Looking for 4L .com 1 Dollar gimme now. 3L 50 cent.

 

[biggie]

Hi All

just want to bring this up, again, and again and again

if you want premium names, then expect to pay premium prices

the cream of the crop names aren't going cheap

imo...

 

[Luuk Dillen]

Totally agree ! But still i think its worth a try to get those for cheap, isn't it ?

 

[biggie]

Honestly, if you want top dollar for your domain, you shouldn't be selling them here. This is a wholesale marketplace and the users expect wholesale prices. Want top dollar, then you need end users, and for the most part this isn't the best place to find them. Yes, there are exceptions.

perhaps you should re-read my post

 

[iowadawg]

On the WTB, look at some of the threads and some of the people dumping domains that have nothing to do with what the buyer is looking for.
Or they know the buyer has a budget of say $5,000 and they list a domain that they want $10,000 for.
It is, in a word, a messed up forum!

 

[iowadawg]

Gas station reminds me of the old blonde woman joke.
How can I run out of gas?
I put 10 dollars in last week.

 

[S-B]

What I think a lot of people tend to forget is offers are just that and 99% of domain sales have some form of negotiation involved.

The amount of times I have seen people on both sides cancel a potential sale without going back with another offer/price (again, both ways). You get lowball offer? Dont cancel, but go back to the buyer (or seller) and make a new offer...

Just my own observations over time.

Exactly right! I turned a xx offer into a x,xxx sale. It's too easy. If you don't ask you will not receive.

 

[madubuko david]

Am member here at NP priced my list of 12 LLLL.COMs for $750, i was shocked by this respond while i didn't get rude but replied with the minimum bid for each domain.

 

[NameFit]

It depends on what type of seller you are. Some sellers hold on till they get the right price. Many (most here) are happy to sell it off at the lower margin ($50-$100 profit).

There are day traders and there are long time investors. So it is difference of whether you are a trader or investor. And most day traders are not just sellers, they are buyers as well - day 'trading'. While long term investors are typically sellers and they do not buy much. Different market for day traders and long term investors. Long term investors have a strategy and they know where their name sells. The issue becomes when they try to sell the names in these forums.

 

[indiegrind]

I had a "student with a project" contact me by phone to offer $100 on a 5 character brandable last year. I didnt even know If I stll had the domain because I had so much going on with my real job, and a family medical issue. I wasnt buying or selling and was letting many the unsold "brandable" names I handregged drop. I told him I would check and get back with him.. I did still have it but didnt call him back.

About 3 weeks later a broker contacts me with a much larger offer. Turns out the "student" ran an app development company and created an app with my domain's name. Sold.

 

[biggie]

If you selling on this forum you are selling to domainers, NOT END USERS.

i am selling domains,

to whom they go, is irrelevant....only the price matters.

and if you don't think there are any end-users on this or other forums, i won't try to change your mind.

imo....

 

[Kate]

I buy domain names for resale, and I also buy domain names to develop them.
So I buy domains in end user capacity too, and I know I am not the only one.

Also, there are some domains I would be willing to sell at 'domainer' price, but there are other domains I wouldn't. If you want them you'll pay retail price.