How many hours a day...

[sundance]

How many domains a day do you look at? How many hours?

I made a simple python script to go through the pending delete names on namejet.com It filters a lot of crap out, but I could still spend all day looking at domains.

 

[Name Trader]

I do spend all day looking at domains. I watch and bid on the SnapNames, NameJet, GoDaddy Auctions (that's about 5 hours from 12 midnight to 5am), I search/research these same auctions for upcoming auctions to watch (maybe 3-5 more hours). And that's just my buying. I've still got to sell and maintain my portfolio, which is quite elastic 1-6 hours). Read about 2-3 hours. Of course I take days (and half-days) of ocassionally There literally isn't enough time in the day to develop my websites.

 

[gatekeeper72]

I do spend all day looking at domains. I watch and bid on the SnapNames, NameJet, GoDaddy Auctions (that's about 5 hours from 12 midnight to 5am), I search/research these same auctions for upcoming auctions to watch (maybe 3-5 more hours). And that's just my buying. I've still got to sell and maintain my portfolio, which is quite elastic 1-6 hours). Read about 2-3 hours. Of course I take days (and half-days) of ocassionally There literally isn't enough time in the day to develop my websites.

Wow Fred, I mean Stub, you sound just like me, except where I find the domains I get, and am sleeping during those hours. However, we seem to be really similar in how many hours we put into things! I guess it take a work-a-holic to know one

 

[Kate]

I used to spend HOURS, as late back as in 2006, when it was still possible to find dropping gems.
Today the pending delete is crap, there are very few domains worth the reg fee (imo), and even for those you'll usually have competition.
So now I have automated things a lot, based on keywords and other criteria of interest.
Your time would be better spent by scrubbing the prerelease lists and acquiring domains direct from the owners. It's always time-consuming research anyway.
By the way, I am like Stub, I like to look at a lot of lists, not just one. More opportunities.

 

[Name Trader]

I agree about the pending deletes, but I do find maybe 2-4/month that I like. Are you saying that everything Reberry buys these days are crap? I see him buy up to about 20% of my dropped domains. And I do look at some of his purchases, and wonder, WTH? The Pre-Release Auctions are where dropped domains were about three years ago in terms of quality/opportunity, but competition is quite high. I throw my head in my hands watching the prices, bidders, final bids on quite a few GoDaddy auctions.

 

[MadAboutDomains]

I used to spend all day looking an domains, but nowadays just an hour or so every day to see if there are any gems that I can find.

 

[gatekeeper72]

I check throughout the day, every now and again...If I see nothing but junk listed, i wait, and hold out until I see that diamond in the rough at a really good price

 

[Name Trader]

Isn't most of the action around the drop time +/- about 2.5hrs for Pre-Release domains (at least at GoDaddy).

 

[Kate]

Are you saying that everything Reberry buys these days are crap?

Crap I don't know, I don't keep track of everything he grabs. But he will grab anything that is half-decent so we are out of the game unless we backorder the domains

I see him buy up to about 20% of my dropped domains. And I do look at some of his purchases, and wonder, WTH?

Most if not all the domains I let drop are picked up, even backordered by other people. I hope they will have more luck selling those domains than I had

That doesn't mean that dropped domains cannot sell. A dropped domain is probably better than a never-before registered domain, because at least one person before you thought of the same domain, and thought it was worth the regfee. Also, the domain may not have sold because it was developed back then, and not advertised as being for sale.

Handregs can sell if you know what to pick, but you shouldn't expect big sales. Low $$$$ would be a feat, $$$ is more like the norm. Older domains (from the prerelease lists) tend to sell for higher amounts.

 

[tomcarl]

I limit 2-5 hours per day in my schedule for domain research, otherwise I can find myself doing nothing but researching/buying all day instead of selling.

I rarely look at dropped lists because I feel my time would be better used elsewhere. If the domain was worth acquiring, it would've been drop-caught and wouldn't have been available, and if it somehow got passed the drop-catchers, it would've been snatched up by the dozens, if not hundreds of other people researching the lists with all of their custom tools/software. It can be profitable but for me it's too time consuming.

 

[NPer]

Not much time... On average, a couple of minutes a day. There are many days that I spend 0 minutes on domain activities.

But there are days that I spend 1-3 hours (which is a lot of time for me)... and that's when there are auctions going down.

Time spent on domain activities, is time taken away from my daily activities.

Time = Money. Use it wisely.

 

[Name Trader]

@tomcarl - so where do you put your time?

@NS - you spend more than a couple of minutes a day here on NP. So what are your daily activities that take away your time from domaining?

 

[arend]

I spend all day........Havent made any real money yet though

 

[Name Trader]

Welcome to the club. 99.9% of domainers lose money (in a non-scientific poll)

 

[Kate]

Welcome to the club. 99.9% of domainers lose money (in a non-scientific poll)

Money, and time... lots of it.

 

[Name Trader]

So that's why I'm losing money Too much time on my hands, obviously.

 

[NPer]

@NS - you spend more than a couple of minutes a day here on NP. So what are your daily activities that take away your time from domaining?

Very true- I spend more than a few minutes a day at NP these days. :D But I don't consider NP as a domaining activity-although technically it might be. Maybe I'm a forum addict. haha

My daily activities include a bit of research, a bit of trading (sometimes- not always), monitoring the markets, meeting clients/"partners" (sometimes in other cities), etc, etc. I am an independent financial analyst- I work with other independent analysts from time to time.
I write market reports, covering various industries. But my job description is a bit more complex than this, because I involve myself in other "opportunities" that come my way. Anything that is worth my time. That's not to say, everything pans out as planned, but it keeps me busy and allows me to have better vision for the future.
Working 16 hours a day is a relatively short working day for me. There are times that I have to pull two all-nighters, consecutively. Then sleep, wake up... and repeat. :''( I often forget to eat during such times!!

Usually after two/three months of working like a slave, I take weeks off, not working at all. That's when I pick up the weight I lost. haha

If domaining was extremely lucrative, sure-I'd spend more time on it. Truth is, it can be relatively lucrative, but then you need to know how to exercise restraint-and not buy too many domains- or even stop buying for months, and just flip what you have... if they can be flipped.