NameSilo

I don't know about you, but I haven't....

Labeled as discuss in General Domain Discussion started by DefinitelyDomains, Jul 5, 2018.

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  1. DefinitelyDomains

    DefinitelyDomains DefinitelyDomains.com VIP

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    purchased a domain in days.

    Are we hitting a bit of a slump in good quality names becoming available? Still at least I have spent more time focusing on developing my own portfolio platform.
     
    Last edited: Jul 5, 2018
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  2. bmugford

    bmugford www.DataCube.com PRO ICA Member VIP ★★★★★★★★★★

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    I am buying far fewer domains recently than I used to. I am just not willing to break the bank to buy average quality domains. The reseller prices are generally too high for the math to make sense.

    Brad
     
  3. DefinitelyDomains

    DefinitelyDomains DefinitelyDomains.com VIP

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    Yes, I see the logic in that.
     
  4. vast

    vast Established Member

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    If to compare with the days several years ago, then yes, good names are more scarce and prices are higher. Yet there're still many excellent names expiring and dropping on the regular basis. It's just important to be consistent in filtering and reviewing the lists to spot them when they pop up. Sometimes it's possible to get a surprisingly decent deal. And I think it's absolutely fine not to purchase a single domain for days or even longer - growing your inventory is not a linear process and shouldn't be too fast in my opinion (unless you are in flipping :xf.smile:).
     
  5. DN_Hunter

    DN_Hunter Top Member VIP ★★★★★★★★★★

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    I'm buying much fewer names now compared to last year. If a name goes over my max (in auctions), I resist the urge to go higher (unless I really want the name). The downside is missing out on some great names recently that could be big sellers down the road to the right buyer.
     
  6. vast

    vast Established Member

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    That's probably a matter of the buying attitude. I maintain the list of outstanding domains I've missed because I haven't bid a bit higher - however have those (possibly) few extra bid steps really mattered if to compare with the expected return for a great name and the high liquidity? So recently I've noticed that I feel more comfortable now with "overpaying" for one excellent domain rather than buying a bunch of average ones at "fair" prices. That's probably because I'm currently more shifting to the holding strategy where quality over quantity is essential.
     
    Last edited: Jul 6, 2018
  7. Ategy.com

    Ategy.com NameCult.com Gold Account VIP

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    I'm seriously trying to lower the size of my portfolio because I'm still doing this while also maintaining a regular job (and walking little SteamieTheHotDog.com about 100km a week .. lol). I have been trying to say no more and more .. but there have been some gems at great prices or even that make it to closeout, that I simply couldn't say no to in the last few weeks. Starting to share some of them now in the Auctions/Closeouts thread (better ones are yet to come).

    I've pretty much decided to start wholesaling again to try to trim my portfolio ... but with all the good names I'm finding these days I'll likely be buying almost as quickly as I sell! lol
     
  8. DefinitelyDomains

    DefinitelyDomains DefinitelyDomains.com VIP

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    Same here. Quality names over quantity has got to be the way to go, and it's where so many fail.
     
  9. LeapNames

    LeapNames LeapNames.com Gold Account

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    This is something that I love about domaining. There's more than one way to go about this profitably. I have gone from quantity over quality to quality over quantity and now I'm shifting to quantity over quality again kind of experimenting with some things. I do agree with the assessment that the prices have risen in aftermarkets compared to years ago.
     
  10. vast

    vast Established Member

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    Exactly! I can believe that the quantity approach might work for some (it's still necessary to maintain the certain quality level of course), but typically requires more time as an active strategy. On the other hand, such a famous successful domain investor as Mike Mann looks like an excellent example of a "quantity guy" with the mix of really great names with the vast majority of quite average names - and if I understand correctly, this works for him the passive way, probably thanks to the carefully calculated optimal ratio between the portfolio size, the pricing approach and, of course, the negotiation skills. So I guess it's possible indeed to find the different points of balance between quantity, quality, pricing and the consumed time resource - whatever feels more suitable for someone in the particular circumstances and based on one's own experience and background.

    There's also the theory about "hunter vs. farmer" personality types, when the first one is the action-focused type seeking for quick return and the second one is the conservative long-term-focused type. It's more popular in the financial market investment world, but I think this in the considerable extent defines whatever strategy one might choose as the general line in domain investment activities as well.
     
    Last edited: Jul 6, 2018
  11. LeapNames

    LeapNames LeapNames.com Gold Account

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    This is something I have thought about SO MUCH over the years. I like to continuously flip domains even if I'm just doing like 3-5x returns. However, there's so where I know it just makes so much more sense to buy and hold them. I go back and fourth with the strategies and have for years. I truly believe that if you're organized enough the "hunter" can be very profitable and fun, but like you said it's more work for sure.
     
  12. MapleDots

    MapleDots Domain Properties 2010 - 2019 VIP

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    I don't focus on quantity anymore, I pick quality instead and I offer good money when I find one. I'm picking up 1-2 very high quality domains per month which will appreciate the longer I own them. I try to stay in the 5k maximum acquisition range right now but that is tough even for .ca's. Most people will sit on them for 10 years and not sell. The trick is to find those people and ask them if they want to sit another 10 years or if 5k would come in handy right now. It's amazing how many starving domainers are out there if you hunt them down.
     

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