Have you ever sold for a Loss??

[Markith]

Recently bought a domain from a guy who I know took a $200 loss on it.

Has anyone taken a loss on a sale?? If so whats your biggest??

I am just curious, I haven't been selling for very long but have been fortunate enough never to take a hit.

 

[champ_rock]

before I can sell any domain, I consider I have paper loss. After the domains are
sold or dropped then the paper loss or gain are for real. However since the domain
names are so un-liquid, I consider every purchase is a loss until they are sold.

absolutely agreed with ur point of view..

 

[gazzip]

If you see how many domains drop each day, you can see that losses with domains are common.

Very True, hundreds of them every day ! I've often seen very large groups of similar names that had been held for 7 years very likely by the same person all dropping within days of each other.

I've dropped a fair few myself in the last two years.


.

 

[stscac]

I sold for a loss once. I had purchased a domain name that had traffic, but not much, I overpaid just a bit to test it (TDNAM). Didnt pan out very well, so close to renewal time, I dumped it for what I could. I figured in this case I would take a smaller loss, as oppose to a total loss.

Also, consider situations. Ive never been in a situation where Im forced to take a loss on a domain name. I am financially stable enough where I dont have to. But, I could imagine someone needing to take a loss if the money was tight and needed.

Justin

Great point, here. Selling to minimize the losses you take gives you a better chance to make a profit in the long run. Of course we all want to make a decent profit, but selling for loss is okay in my book

-Steve