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Huge Jump in 5N.com Prices?

Labeled as discuss in Numeric Domain Discussion, started by clarkemarketing, Aug 11, 2020

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  1. clarkemarketing

    clarkemarketing Top Contributor VIP

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    Woke up today to see one of my NNNNN .com domains sold at a BIN price that was about 5x what such names have been recently selling for at auction (and buyer has paid so it's a legit sale).

    Surprised by the sale, I looked at ShortNames to see if auction prices had changed recently and I noticed several big sales from this past weekend:

    61599.com - $6,888
    97789.com - $11,000
    21200.com - $4,350
    55198.com - $2,800
    81558.com - $4,050

    This is about triple what the equivalent domains would have sold for a few months ago. Numbered domains dropped in price a lot this year, I'm wondering if this is the start of price movement in the other direction. Wishful thinking perhaps, but it definitely looks promising... we'll have a better idea in a few weeks if these prices are the new normal.
     
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  2. Samer

    Samer Top Contributor VIP

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    Irony? Let’s play a game.

    See if you’ll recall any of these N.com tomorro

    Samer
     
    Last edited: Aug 11, 2020
  3. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    hahaha.
    SO those who invest in NNNNs
    You buy random numbers if it is below a certain price or what?
    How do you make buy decisions?
     
  4. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    Congrats on the sale though.

    If you have been tracking, Ns, do 6 letter also follow if there is a upswing in 5 letters? Like in the stock market/crypto etc?
     
    Last edited: Aug 11, 2020
  5. clarkemarketing

    clarkemarketing Top Contributor VIP

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    It's definitely speculative like the stock market! 4N.com, 5N.com, and 6N.com all move in sync, so if 5N goes up the others likely will as well! Personally, I find # domains very profitable as it's pure pattern recognition and patience and if you buy at the right price you're laughing as long as your realistic about ROI (you're not going to sell a numbered domain for 20x what you paid the way you can a keyword domain).
     
  6. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    Other then starting from scratch and studying the past sales data, is there is blog post or something like a podcast that explains the types of patterns. I only know that 8s sell :)
     
    Last edited: Aug 11, 2020
  7. AEProgram

    AEProgram Top Contributor VIP Blue Account

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    All speculative assets are flying up, crypto, stocks, precious metals and even domains. If we had a fraction of the skills people in those other markets have we would have million dollar domain sales every hour. Of all industries I know, no one does less marketing and pitching / hyping than domainers.
     
  8. clarkemarketing

    clarkemarketing Top Contributor VIP

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    There is definitely blog posts about it as well as threads on here if you search for them. In my opinion, your best guide is studying the sales data tho. If you look at ShortNames.com and see that almost every 6N .com that starts with 3 repeating numbers sells at auction for more than $100... you know that buying one for less than $100 is likely a good deal. If you then bid $90 on every such auction... you'll get outbid over and over again but maybe you happen to win your 17th such auction and you'll snag a name for $85 that typically sells to domainers for double that price and that an end user might pay $500 for. If you don't want to put any work in, you can also just focus on trying to buy below the typically "floor price". For example: in the past few years more than 99% of 5N .com domains have sold for more than $200. Consequently, if you are able to buy one for less than $200, regardless of pattern, it's likely a pretty good deal.

    Numbered domains are liquid too... so if you ever need fast cash you can typically sell them off pretty easily for close to what you paid as long as you are buying them at good prices. Lastly, as @AEProgram mentions speculative assets have been going through the roof in 2020. Governments are printing trillions of dollars (trillion = a million million which is insane) so how can you not expect these to go up when every other asset class is skyrocketing? I try to keep about 10% of my domain portfolio as # domains and about 5% as number-letter mixed (LLNN.com, LNNN.com, NNNL.com, etc.)
     
  9. RobertoG

    RobertoG Established Member

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    I've been buying as many 4,5 or 6 number dot coms as i can get for a reasonable price.
    Maybe that's why they're going back up.
     
  10. clarkemarketing

    clarkemarketing Top Contributor VIP

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    Same! Look how quiet the Numeric Domain Discussion section of NamePros has been lately... # domains are out of style at the moment and consequently this year has been the perfect time to buy in my opinion. Prices are about 10-20% what they were at 2015/2016 peak. It's like Bitcoin, when prices go way up the crowd buys... but the smart people buy when the crowd thinks it's a dumb investment and sell during the hype.
     
    Last edited: Aug 11, 2020
  11. clarkemarketing

    clarkemarketing Top Contributor VIP

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    I had some great 5N .com sales in the last few weeks:

    69965.com for $3995 at GoDaddy (paid $646 at GD Auctions in May)
    56112.com for $2895 at DAN (paid $811 at GD Auctions in Feb)
    10667.com for $1395 at GoDaddy (paid $436 at GD Auctions in Aug 2019)

    Chinese stock market is up 30% since July and it seems # domains are becoming hot once again. Anyone have any predictions for auction prices over the next few months? I expect floor price of 5N with 4 will increase from $170 to $220 and floor price of 5N with no 4 or 0 will increase from $550 to $700.
     
  12. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    Excellent man...
    But if NNNNN are mostly bought by investors, I would assume floor price to be closer to what you selling for, no?
    Are you scanning auctions now??
     
  13. clarkemarketing

    clarkemarketing Top Contributor VIP

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    Very few investors are paying $3000+ for a 5N .com unless it has a special pattern... that is typically a retail price (for example: the price a random person from China would pay for a 5N to build a website on). Investors are typically buying them from auction. At GoDaddy auctions 5N containing a 4 sometimes go for as little as $170 (and although most go for $200+) and 5N containing no 4 or 0 go for as little as $550 (although most go for $650+). Since retail sales seem to be increasing, which makes these very profitable for investors, I expect investors are going to start bidding 5N auctions higher and higher and that the floor auction price will increase. By the end of this month I think it will be impossible to win any 5N .com auction for less than $210. I even think it's possible prices could jump super quickly making it impossible to win a 5N.com for less than $250+. Tomorrow there are 5 5N.com domains auctioning at GoDaddy 3 of which contain a 4. I expect all 5 of them to go for $180+. In a few weeks, I expect the same 5 domains would likely go for $210+.
     
  14. clarkemarketing

    clarkemarketing Top Contributor VIP

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    Actually, let's make this fun... here are my predictions for tomorrow's auctions.

    GoDaddy Auctions Sept 4th (NNNNN.com):

    65003.com
    - $335
    45933.com - $270
    64409.com - $215
    02087.com - $205
    33446.com - $1340

    I'll post again tomorrow night with the price each name ended up going for.
     
  15. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    It is double repeat but still has 2 4s?
    4s don't matter is repeated or what?
     
  16. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    This is over 1700 already

    So 4 doesn'y matter if it repeats it seems. Like it is no longer 4, but 44
     
  17. clarkemarketing

    clarkemarketing Top Contributor VIP

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    I just realized there are no 5N auctions today, the ones I listed above are all happening tomorrow. My apologies for any confusion! The reason 33446 is so expensive is the rare pattern... even a 6N starting with AABB pattern can sell for a lot. If it didn't have a 4 (for example: 33116 or 33776) it would likely go for about $8000... having the two 4s makes it less desirable, but it's still an excellent pattern that rarely shows up at auction.
     
  18. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    Thanks. Makes sense

    But it is happening right now? What do you mean no auction today? You mean ending tomorrow??
     
  19. clarkemarketing

    clarkemarketing Top Contributor VIP

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    I thought they were ending today, but it turns out there is none ending today but the 5 auctions I mentioned all end tomorrow.
     
  20. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    Are you going to Bid?
    You have had a lot of cashflow from NNNNN sales this month lol
     
  21. clarkemarketing

    clarkemarketing Top Contributor VIP

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    I am not... I am saving my money for the 7633.com GoDaddy auction next week (which I'm hoping will sell for less than $42,000 but we'll see).
     
  22. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    You willing to pay 50K for that?

    Being that this is a investor's market, I mean mostly investors buying it, what do you expect it you can sell it for, or you are going to wait for the next NNNN bull run?

    Do you look at trends fron shortnames or you ahve some excel sheet to study trends for NNNN, NNNNN?

    I like this mix of sorts of some predictability and some speculation
     
    Last edited: Sep 4, 2020
  23. clarkemarketing

    clarkemarketing Top Contributor VIP

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    I would not be willing to pay $50k for it (even though I personally believe it's a smart investment even at $70k)... but I would certainly be willing to pay $35k for it! Actually, for those interested in seeing a great indicator of the strength of the market... watch for the final price of the 7633.com auction. On April 10th (exactly 6 months earlier), 2633.com sold at GoDaddy auction for $42,500 and it's as close a comparable as you'll find. If 7633 goes for more than that... prices are rising!
     
  24. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    How much would have paid for 33446? Tell me in Good faith :) Or PM me
     
    Last edited: Sep 4, 2020
  25. clarkemarketing

    clarkemarketing Top Contributor VIP

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    I don't think it's worth bidding on 33446 anymore, the current price of $1770 is no longer a good deal (I'm not saying the person is overpaying for it, but there is way better 5N deals out there). I paid less than that for 20444.com a few months ago which is a substantially more valuable domain in my opinion. I see 45933 is now at $460 which is also no longer a good deal. The other 3 are still at excellent prices (but many people don't bid until the last minute so that means nothing)... snagging 65003 for under $300 would be epic.
     
    Last edited: Sep 4, 2020

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