Have you ever sold a domain for a few dollars and then regret it?

[infosec3]

For example: Have you ever sold a domain for laughable amount, only to discover later that the buyer sold it for a several thousands?

 

[mosilager]

It's all part of being there at the right time and the right place!. Yes, it's happened to me before, I sold a domain for $x,xxx and found out that the new owner had re-sold it for $xx,xxx within 2 months....but I made a handsome profit from it anyway so I wasn't too unhappy~!

 

[Spade]

It happens, although I can only think of one domain name I've sold and later regretted. However, I have regretted not taking certain deals. But thats part of the game - you do your best to buy low and sell high - your not always going to hit those on the head.

 

[SpareDomains]

don't recall any sold to a domainer and then flipped higher as I rarely sell to domainers, I can only think of 1-2 end user sales where I should have held out a bit more but a sale is a sale so take the profit and focus on your existing domains and future acquisitions as the best you can do from the past is learn from it.

 

[Kate]

There is worse: seeing a name you let drop fetch low $,$$$ to somebody else. It hasn't happened to me AFAIK... yet.

 

[Name Trader]

I dropped a .net recently which sold at one of the big auctions for $300+ maybe less than 2 months after it dropped. Damn! I knew that .net was worth keeping

 

[labrocca]

I think this happens to a lot people I buy domains from.

 

[GreenGambler]

Sure have.. I've sold a couple names that I regreted not waiting for more, and I've passed up a couple offeres that I regreted not taking.. just part of the business.

 

[hambling]

We all have different talent and skill sets. Although we all like the end user to be the ones to buy from us, the reality of it is that some people are much better at cultivating those end users than others. They have the contacts, and work those contacts better and with more determination. It's not always just about luck and being in the right spot at the right time.

It is okay to see your old name fetch a better price as long as you were happy with the price you got for it when you sold it. If you had kept it you probably still would not have made that higher priced sale, if you did not have the same contact.

Think of traditional product sales chains. If you are a manufacturer of widgets, do you expecet to get full retail value of your widgets? No! You sell most of your widgets to Target, Walmart, etc who mark them up and sell them for more money. As the widget maufacturer you might have a website where you sell your widgets and make full retail on a few units, but without those Wholesale sales you would not be in business.

If we sell a name and are happy with the price we got, at the time, we need to stay happy, even when the buyer puts a new twist on the name or meets the right client to flip it for his own profit.

 

[Sparhawke]

There are always two sides to every deal, you being happy and the other person being happy.

In an ideal world this would be how it is all the time but the world doesn't always work like this, I can often find nice domain names but I do not have the end user contacts others might have, but now I do know someone who is interested now in my domain names

My point is, you can moan and grumble and feel sorry for yourself all the time that you don't see the money some others do or you can use the knowledge you gained last time to strike up further business deals.

If someone knows you have good names to sell you can be sure they won't laugh in your face

 

[domainbartender]

It has happened to me for a developed website.. I knew I was selling it low, but I sold it anyway and later regretted it.

 

[lll]

many domains, i sold them tooo quickly when if i waited a little bit longer could have got like 4x at least im sure :P

 

[Jaco]

Having something similar happen to me many moons ago is what inspired me to sit down and really figure out how to stop sucking at this. Of course, the guy who resold it way back then for that price is now crying his eyes out (while I'm about ready to jump off a @#$%ing bridge), as a name like that would be worth considerably more today.

Basically 100% of my drops get immediately re-registered so I'm sure it's happened since that time (I really don't care what happens to names after I'm done with them, so I don't keep track of who owns them, where they go, etc), but I'm at the point now where I'm very, very rarely dropping names anymore, save for ones that I've already mined for end-users and don't like for dev. The poor bastards re-registering them don't realize that they're getting very sloppy seconds, so I'm comfortable in the fact that I've did everything I could've done with a name before I sell or drop it and if someone makes money on it, it's based largely on luck.

But yeah, like Labrocca said- I'm kind of at the point now with buying names where I almost always come out ahead. It's where my screen name comes from. Getting a helluva lot tougher lately, tho. Used to be free money.

 

[mtown934]

I feel like when you've been in the game for long enough, this is something that happens to everyone. I don't think anyone can feel like they have a perfect track record if they're a serious domain name investor.

 

[mwzd]

Randomo, a respected NP Member said: "The only sales I regret are the ones I didn't make."

I agree with him 100%, I'd have been considerably better off taking all the offers I did get, instead of holding out for more.

I have sold domains cheap, but as long as I got my requisite ROI, I can't really cry about how much they sell for later. As a investor, its a bad thing, as a seller, you have a customer for life.