Located in Domain Marketplace Reviews, started by Vito, May 27, 2019
Let me know your portfolio via DM, ill be happy to pick a few
Maybe he should send you some domains he doesn't own just to see what you would offer
I think what happens here, is that Uni looks at the whole portfolio and finds the gems. That is what they are really buying. I have done that on small scale here on Name pros. Somebody lists a 25 name lot for, say, $5 per name. Many look at the list and pass on it because ThisNameIsJunk.com is part of it and they are not going to pay $5 for it. If I have looked at the whole list and find say 3 or 4 Names I would pay $50 individually, I buy the lot. I win by paying $125 instead of $150 to $200. If I can sell a few of the rest, even for $5 in the bargain bin, great. If I let them drop, so what? I was really only buying the names I wanted anyway.
I believe this would the approach Uni would take. Search the list and place a value on the names they are really interested in and offer that amount for the whole portfolio. The cost per domain is low, but the liquidity is there for someone who needs it.
How long have you been domaining? How many of your 250 names do you sell each month? What was the selling price of your highest sale?
You demonstrate lack of understanding of how this industry and economics in general work.
The reason $xx/name acquisition is required when selling the names at low $xxxx is the market liquidity, or the lack of it in this case.
If you have a clothing shop, you are fine with 3x margin from msrp to cost, because you will sell almost all your inventory at msrp to 80% off, in average for 2x over the purchase cost.
If you are in domains, then you need 10x to 200x of your cost for absolute majority of names (reseller to reseller excluded), because you will sell only 1% of your names. Meaning each sale has to be pay the renewal for 99 others.
If you purchase 1000 names at $50 average, then you invest $50000 and will sell 10 names at $1500 average post commission for total of $15K out of which you will have to pay $8500 for renewals, leaving you with $6500. If you had to incur some other costs (equipment, office, software, freelancers etc.) and factor in your own time (let's assume 50 hours at $20) you are probably left with just $5000 or 10% return on your investment.
You could get that kind of return from real estate or stocks with much less risk and work involved.
So, no, Frank cannot offer more than single digits % of your potential sale value for most names (highly liquid names can get 10% to 35% of the end user price).
It is also the matter of him having lots of other alternatives. Why would he pay, for instance, 2x cost of an average LLLL, if he can get similar names at NJ, GD etc. auctions?
The only saving is time and for that he might pay 10%-20% bonus.
This guy has a poker face,no doubt godaddy is partners in this,I think they will be concentrating on domains that came ripe due to changing and new industries,I also think good company domain names will be sought after at nominal prices,godaddy will hit them with a double whammy ,host and buy your premium domain here.Godaddy needs an outside firm to bring them what they want,no doubt they have a real algorithmic model that almost guarantees demand,frank also needs an exit plan ,he has the best domains ,but just like other great domainers ,he needs the godaddy exit package,expect godaddy to dilute my shares to give frank a nice chuck of our company,But this probably will be a good thing,so don’t expect much for your domains at best they will probably offer the running years as a purchase price ,we love your 3500$ domain ,it’s been regged since 2004 ,you get 15 x 8 bucks , if you haven’t claimed and expenses over the years ,this will be tax free. Yes Paul I think I read you .Lady Gaga would be proud.
I buy but never sell them, I am more of a end user purchasing at reseller price or hand register nice domains
Domaining is turning into my hobby & passion now
So me and my friends have submitted 10000+ names for them to review and offer
Off-course we will not sell any of them, but this is my way of dealing with low ballers.
Statements like that will not earn you any friends here. Some of us look at domaining as a serious business, and now you're just spouting nonsense.
I understand you are doing it as a hobby, but as soon as you undermine some of the tools domainers use to make a living then you are definitely not contributing here.
Our tools are serious business for some of us, and at this point you need to stop, look back, read your posts, take a deep breath, and consider how your words and actions are affecting our ability to conduct business. If they decide to stop this program because of guys like you then it is a great loss for the rest of us.
Please consider the consequences of your actions more carefully moving forward.
THE Truth is I am fighting for you guys to get maximum price.
If any one wants to liquidate their domains, they dont need Uniregistry for that. It can be done via Namepros itself. Atleast the domain will end up with another domainer rather a big corporation.
Im sure all those who support Uniregistry/Franc/Godaddy are somehow related to them or working with them. People need to understand Im slamming these guys because they need to offer fair price and Im fighting for your better return.
Thank you for trying but you are doing it in a non constructive way.
Most of us can fight our own battles, your actions risk the discontinuation of this program and I can tell you for sure that I am not the only person that disapproves of that.
If you are ready to sell your top premium domain at peanuts to these guys, certainly Im not stopping you.
Pls do let me know later, how many names you submitted? how many they accepted? price they offered.
It probably has a lot to do with Huge Domains gaming the space especially with Godaddy Closeouts, and their bot bid ups. This has caused newbies, and others to keep bidding, and getting outbid, and caused aftermarket prices to go past points where even most end users feel comfortable pulling the trigger.
Just another avenue to try, and secure undervalued inventory to sell based on desperation of sellers to raise quick capital.
P.S, Paul Nicks it was shameful you guys let Huge Names use a backorder loophole to game closeouts, upon closing after scandal broke, the delay in closing loophole was even more shameful, and what’s more shameful
Is how you let them game closeouts today with an API bidding bot faster than a human can blink. I don’t expect a response, because you probably have an NDA in place with this client. Just wanted to let you know, people are not oblivious to what’s going on.
You are fighting for no one, you are an anonymous poster, making comments on a domain forum. That's not fighting, first off what have you sold in this business? What have you actually accomplished?
That would be like Maple Dots needing a domain lawyer and someone anonymous person here spouting out misguided statements and saying MapleDots I will fight for you, I mean you know nothing about me or my credentials but I will fight for you. Oh and ignore the fact you did not ask for or need my help.
You will probably not find many successful domainers using this service unless they are thinking of retirement, or have some unforeseen circumstances. The people using this service will be the ones that are not capable of selling their domains. These people will probably be grateful for any amount they get. Why take that away from them, leave it be and watch how the service evolves before you pass judgement.
I kind of agree that anyone wanting to liquidate for XX a name can do it here or just about anywhere if the names are any good. This is no different than the names wanted threads with extremely low prices we roll our eyes at.
If someone just wants to stop domaining this would be an ok option. That’s about all I see good about it. Unless they are offering better than you can do with your own bargain basement pricing why bother?
There are so many domainers over here to buy domains if someone liquidates their portfolio.
We dont need big corporations to liquidate domains.
Please specify the " WE " part of your statement.
I don't think anyone asked you to speak for us as a group
Separate names with a comma.