I have sold 133 Domains Last Month On Clubhouse

[Robbie]

Have you been buying or selling domain names on clubhouse? I have sold over 200+ names in the past six weeks, here are my thoughts in this new blog post.

http://robbiesblog.com/i-sold-133-domain-names-last-month-on-clubhouse/8689

 

[bmugford]

Maybe one day they will release the app for Android, a far more popular OS when it comes to usage in the world.

Brad

 

[Linorth]

I'm newbie in this forum and a newbie to domaining.. but I firmly believe liquidating domains (specially good names in tech, finance and crypto) is something that liquidator is going to regret heavily in a year or two.

specially the crypto domains (nfts, defi, dex, dao, anything)

so far the majority of crypto wealth is being spent within crypto space (high $ value sales in crypto space mostly happen via crypto payments is what I mean) which I think is related to tax laws in some countries where as long as you don't turn your crypto into fiat, you are not subjected to taxation on your holding. but with new sets of regulations coming into effect in very near future (VASP regulation is being increasingly adopted around the world, most east asian countries have started doing it already) soon the money has to spill outwards as crypto to crypto movements within regulated exchanges are going to be subject to tax as well.

so I believe if you just hold on to your good names for a couple more years you can make a lot of money selling them to the wave of new startups emerging from this new breed of investors in crypto space.

selling a good name for low 3 figures is likely going to become something you will end up kicking yourself over once you see those buyers reselling your name for high 5 figures easily.


just my two cents of course.

 

[hawkeye]

How does the process work? It seems like the listing, communication, and transfers would take up quite a bit of time when it comes to that many domains.

Brad

Brad, basically it's been on the 'honor system' for now. Buyers and sellers basically get together after and workout payments and transfers. So far there's been no issues, but the prices are not huge, though there has been some 4 and even a couple 5 fig sales. As a lot of us have been in the various domaining related rooms the last 3 months or so, and have gotten to know each other pretty well and have built a trust factor amongst each other. Not a fool proof auction system but been going ok so far.

 

[johnn]

OMG,
If all NP members get in there then the club name will be changed to Reseller Club and nothing will be sold over $20

 

[Robbie]

Yeah, I would agree buyer's remorse is always something that can happen, It just depends on your situation... For me, Domaining has and will always be a part-time income for me, I don't get too upset if a domain sells for more that's life and I wish all my buyers good luck in the future of the sales I sell them...

 

[Robbie]

Are you selling these via auction or BIN?

If you don't mind me asking, how many unique buyers on 133 sales?

Brad

Hi Brad,

I am auctioning them off, some have BIN others are no reserve... If it doesnt reach the BIN it goes into an auction format and you can choose to accept the offer or not, likewise if more than one person will pay the BIN it starts an auction.

I have sold them to various parties checking back records about 30 different buyers, some have purchase one name, some packages, others have bought more than one name at different times, on average there is normally 50 - 80 buyers/seller in the room... Sometimes higher just depends on the time of the day the auctions are running etc.

 

[twiki]

Congrats, but I have to disagree on a detail.

You can definitely do this on NP and sell to other members. I had a few clearances with similar numbers and sold fast. Even 185 at some time. Everything has sold. Usually the last half in bulk to a fellow NP-er.

And it is likely much easier than having to talk through the deals.

 

[MustaAras]

Congrats ! and thank you for the blog, probably it's time to use one of the invitation codes

 

[Lord Antares]

Ah, nevermind.

 

[Robbie]

My user handle on clubhouse is Brokerage if you look out for me...

 

[omelet]

Yeah, I am saying for liquidation it is a great platform most of what I have sold $100 - $300, a few groups of names I have sold for $500+ upwards, it just depends on the figure you are hoping to achieve but also great for some buys too if you have a good eye not just selling you should be heading over to buy also...

Agree, of course, much much better than no sales.

if you can sell $30k then a year would be >$300K, which is very awesome revenue

 

[WhoaDomain.com]

Congrats ! and thank you for the blog, probably it's time to use one of the invitation codes

Where can I get an invitation code?

 

[Robbie]

Where can I get an invitation code?

I dropped you a pm

 

[bmugford]

Are you selling these via auction or BIN?

If you don't mind me asking, how many unique buyers on 133 sales?

Brad

 

[D Haynes]

I still haven't taken the time to find out what Clubhouse is. Shouldn't be so suck in the past if it's a valid sales method. Congratulations on the success!

 

[Robbie]

I still haven't taken the time to find out what Clubhouse is. Shouldn't be so suck in the past if it's a valid sales method. Congratulations on the success!

Yeah, it's definitely worth checking out from a domainer to domainer sales perspective both buying and selling some great names go every day for solid prices.

 

[griff]

are there any end-user tier sales happening on that platform? lots of tech/startup figures using it

 

[Lord Antares]

Do you have a link? I can't find it even when googling "clubhouse domain market".

 

[Robbie]

Maybe one day they will release the app for Android, a far more popular OS when it comes to usage in the world.

Brad

Yeah, I would imagine that it will be coming shortly... Especially as they are raising more funds then the investors will want everyone to access it.

 

[Robbie]

Do you have a link? I can't find it even when googling "clubhouse domain market".

I can send you an invite if you PM your Cell Number, I will send it over to you, just need an IOS system to access it.

 

[Lakshan]

@Robbie
Can you sen me an invitation if possible please

 

[Linorth]

Yeah, I would agree buyer's remorse is always something that can happen, It just depends on your situation... For me, Domaining has and will always be a part-time income for me, I don't get too upset if a domain sells for more that's life and I wish all my buyers good luck in the future of the sales I sell them...

yea I didn't mean to shame anyone for liquidating their domains. I just meant to say "hey if you have hold on to your names for a couple of years, don't drop it a year or two before it becomes a diamond" that's all.
every investor gets to make their own decision and its all part of the journey.

I personally got into domaining world because I saw a potential for flipping names in crypto space for making enough money to start a mining farm. (electricity is super cheap where I live so its still very profitable to mine)
I'm a very low risk investor so didn't want to sink my own money into buying mining gear, but since I will breakeven on my small investment if I make a low 4 digit sale, any future sales is just extra money that I will set aside for the mining farm thing.
so I guess I'm a bit biased.

 

[omelet]

But what 's the average price of the sold domains?

I followed rapidfiredomaining a few times and noticed most of the names were sold around $100-300 or more low balls, a few good names sold maybe low $$$$ but not often

 

[Robbie]

Yeah, I am saying for liquidation it is a great platform most of what I have sold $100 - $300, a few groups of names I have sold for $500+ upwards, it just depends on the figure you are hoping to achieve but also great for some buys too if you have a good eye not just selling you should be heading over to buy also...