I am seeing lots of NNNNN.coms and NNNNNN.coms selling for lots of money.
Like here in NP in section "Make Offer: Min. $500" there is 10900.com which has lots of offers on it and also in "Domain Auctions" 49124.com and 152778.com & 115150.com have lots of decent bids on them.
So my question is how 1 would access the value of these type domains? As domainer what are you looking in them? I have tried to find out but could not get any concrete answer.
Any help would be appreciated....
I haven't paid much attention to the buying/selling activity here at this forum. But what I've observed at Flippa and Sedo are a lot of people attempting to sell domain names that are decent at best, and often pretty crappy at outrageous prices...in the hopes that someone will come along and pay far more for them than anyone in their right mind ever will.
Many of those domain names, going for $1000 and on up, have expired because their owners can't find GoDaddy coupon codes for renewals.
The point being that you can't accurately determine the value of a domain based on what other people are trying to sell their domains for, because an extremely high percentage of domain names never sell.
I used to look at domains listed at Sedo and wonder why some of them had gotten so many offers, and also predict my success by the number of offers they'd received. I later theorized that many of the offers were bogus and probably made with second accounts by the sellers, in an attempt to jack up their perceived values.
I believe there are 4 primary reasons domain names sell:
1) Because they're collectible, like in the case of 4-digit numbers. Most of these don't have any practical value and will remain parked, passed from hand to hand, and never point to a functional website. How many websites have you visited whose domain names were nothing but numbers?
It'll all be fine and well until some event brings about the end of the internet, in which case their final owners, who paid a bunch of money for them believing they could sell them again for a profit, won't be able to. So in a lot of ways it's like a pyramid scheme, mostly in that the person at the bottom is left holding something of no value that they paid a lot for, with no one else to pass it on to.
2) Because they're kind of cool. I've sold a lot of "kind of cool" domain names at ebay for $10 to $30, like RoswellReport.com, MarioGamer.com, WarNickel.com, equaVision.com...
3) Because in the future, they may be worth a lot, like in the case of drone and 420 names. Speculation, basically.
4) Because they can be used to make someone money right now. As in, someone running an online business.
Now days I only buy domain names that people will buy for reason #4. The reason being that these can be hand-registered for less than $5 and typically sold for $50, to maybe as much as $1000. And they can be sold right now, which means I don't have to come here and ask if anyone knows of any renewal codes, when there's no such thing.
Hope that helps.