discuss iactivity dot com sold for...

[Want2learn]

$535

Was in on the action and had to bow out towards the end. Should I have pressed it, or is it overpriced now at $535?

 

[Recons.Com]

overpriced for reselling.

You chance of selling for low $xxxx is still around 1% a year. If you buy 100 names of similar quality at $500, then you invest $50K, spend annually on renewals around $1K and make 1 sale at, let's say, $3K. $3K-1K minus other expenses for $50K return is less than 2% return on investment.

 

[Want2learn]

overpriced for reselling.

You chance of selling for low $xxxx is still around 1% a year. If you buy 100 names of similar quality at $500, then you invest $50K, spend annually on renewals around $1K and make 1 sale at, let's say, $3K. $3K-1K minus other expenses for $50K return is less than 2% return on investment.

Do you think end users are on GoDaddy close outs looking for domains?

 

[Recons.Com]

Do you think end users are on GoDaddy close outs looking for domains?

Could be a reseller that overpaid, could be a reseller that does also a development and has an idea behind, could be that someone typed in "iactivity.com" and saw the page "you are lucky, iactivity.com is available at the auction"...

 

[.X.]

Unless you had intentions of developing the name, You made the right choice to bail out.

 

[baseballworld]

Regardless win for the seller in this case.