question How do pros find good domains consistently?

[Jean2]

I understand how one can find a good highly searched, aged domain once every couple of weeks. But how do pros find these domains consistently at a good price?

 

[johnn]

Cheap names are not good and Good names are not cheap.
The majority of newbies registered crappy names and hoping they can sell it 2,000 more.
There is a reason why the name is available to register.

 

[bmugford]

Almost everyone is using the same tools to look at the same lists.

Good domains rarely go under the radar. It's a lot easier to find decent ones without much competition.

Brad

 

[pb]

Don't underestimate the experience. You don't become a pro just like that.

 

[Zir0]

Domain business is all about name, it has not so much to do about what domain is sold but rather who sells it. If he she is famous it is easier sold.

 

[Gabriel360]

Having a LOT of money helps too.

 

[DrJacoby]

Domain business is all about name, it has not so much to do about what domain is sold but rather who sells it. If he she is famous it is easier sold.

Thank you for giving me a good laugh. I needed it.

 

[twiki]

They find them in their accounts. They just renew them.

 

[Jean2]

What I got from these replies is that experience in the domain market, and having a good capital is the key.

 

[Patryx]

Don't underestimate the experience. You don't become a pro just like that.

Show attachment 263721

Yes, practice, practice, practice. BUT WHAT?
Here my decalogue:

1) Make a list of the registrars, and for each of them read every word they wrote in their own website, also blog and downloadable guides.
2) Make a list of aftermarkets, and compare them.
3) Read ICANN website, and DN Journal
4) Read all posts on Namepros.
5) Read specific websites like domaininvesting.com, sproutsocial.com, identity.digital, and many other ones.
6) Read Forbes or other journals, reviews, and news in the fields you want to work.
7) Take in mind reselling DN is like any other marketing online.
8) Learn where to sell your DNs, through aftermarkets, your website, social media, etc.
9) Learn how to promote your DNs online. How to spread the verb.
10) Last but not least, the more money you have, the more opportunities you will have.

 

[Jean2]

Do you guys think that putting effort into finding a really good domain is easier than finding an average domain and putting effort in marketing it?

 

[SELMimo]

Cheap names are not good and Good names are not cheap.
The majority of newbies registered crappy names and hoping they can sell it 2,000 more.
There is a reason why the name is available to register.

Twiki most of his sales were drop reg. I agree that it’s hard to find names that sell but it’s still possible if you have good filters and good knowledge of what good name is. I still consider myself a newbie but I sold 4 names were all regged from available names.

 

[Jean2]

Twiki most of his sales were drop reg. I agree that it’s hard to find names that sell but it’s still possible if you have good filters and good knowledge of what good name is. I still consider myself a newbie but I sold 4 names were all regged from available names.

Can I ask what the 4 names were?

 

[biggie]

at a good price

Hi

what is a good price?

it depends on how much you think you can resell that domain for.

if it could resell for $5000, are you willing to spend $500 to buy it?

the predicted margin or roi, often dictates how much to spend on it.

imo...

 

[Jean2]

it depends on how much you think you can resell that domain for.

Exactly, but as a noobie its a bit scary to to invest a lot in a domain, even though I estimate the resell price to be much higher (because I don't trust my estimation)

 

[biggie]

Exactly, but as a noobie its a bit scary to to invest a lot in a domain, even though I estimate the resell price to be much higher (because I don't trust my estimation)

Hi

well, you asked how the pros do it.

a scared man/woman can't win any money if they are afraid to bet.
risk is part of the game

imo...

 

[Jean2]

Hi

well, you asked how the pros do it.

a scared man/woman can't win any money if they are afraid to bet.
risk is part of the game

imo...

Yea true, guess I have to get experience and know how to estimate selling price.

 

[Patryx]

Jean2,
I see you have your FinancialMba.com on auction.
Experts here could say you what value might have it.
There are also websites that evaluate DN for free or for a fee.

 

[pb]

Yes, practice, practice, practice. BUT WHAT?
Here my decalogue:

1) Make a list of the registrars, and for each of them read every word they wrote in their own website, also blog and downloadable guides.
2) Make a list of aftermarkets, and compare them.
3) Read ICANN website, and DN Journal
4) Read all posts on Namepros.
5) Read specific websites like domaininvesting.com, sproutsocial.com, identity.digital, and many other ones.
6) Read Forbes or other journals, reviews, and news in the fields you want to work.
7) Take in mind reselling DN is like any other marketing online.
8) Learn where to sell your DNs, through aftermarkets, your website, social media, etc.
9) Learn how to promote your DNs online. How to spread the verb.
10) Last but not least, the more money you have, the more opportunities you will have.

You listed some important *learning* points, but nothing that equals practice. In other words, you have prerequisites, great. Now start buying and selling!

 

[Patryx]

You listed some important *learning* points, but nothing that equals practice. In other words, you have prerequisites, great. Now start buying and selling!

Buying is easy, selling is the problem

 

[Jean2]

Jean2,
I see you have your FinancialMba.com on auction.
Experts here could say you what value might have it.
There are also websites that evaluate DN for free or for a fee.

Yea it was appraised to be from 1k to 8k, and I thought it was really a gem because :
1. its keywords were highly searched
2. Its in the finance niche
3. it has comparable domains sold

But the potential use isn't really that strong.

 

[pb]

Buying is easy, selling is the problem

Buying and not selling = practising what not to buy

 

[Patryx]

Buying and not selling = practising what not to buy

The problem Is also... How many time Need to sell a DN? 1year? Then Better Is drop It After 1 year?

 

[bmugford]

At this point, I generally only buy domains that I plan on renewing long term.

There is no substitute for time when it comes to making end user sales.

Brad

 

[pb]

The problem Is also... How many time Need to sell a DN? 1year? Then Better Is drop It After 1 year?

That depends on how long you want to learn. If you drop every domain after a year, you will likely not learn what kind of domains actually sell. Typically only 1 out of 100 will sell in the first year, but it can also be 0 or 2. What does it tell you? Pretty much nothing. It's within the standard deviation. But after a few years you will start to see a pattern and have better confidence in your decisions which ones to renew and which ones to drop. Practice.