Labeled as discuss in General Domain Discussion started by mAd MaX, Apr 8, 2019.
All domains are handreged but is it impossible to handreg a million dollar name post 2010?
100% impossible Here is why: Even if an owner of a premium .com be dead, the name will expire. But before it happens, the vast majority of people will try to catch it. What's the result? Public auction, and then you will have to pay much more than reg fee. Maybe it could be worth, but can you call it hand registration?
Imo, it is possible if someone is so lucky that a short time later something might be born that will require that newly registered name and can justify the 1mil sale. Extremely improbable but it can happen.
What is *not* possible is your average domainer to manage a sale like that. The power is not only in the name but in the ability of the seller to maximise the domain's potential.
So, the name might be worth that much but will the owner know it?
Yes, you can do it, it's called money laundering. You just need some money that needs washing.
money-laundry.com is free.
It maybe possible in 5-50 years. But they would need to be extremely knowledgeable AND fortunate, OR possibly criminally liable for insider trading.
It's already hard to sell $x.xxx sales with hand regs. Imagine now how difficult is to achieve a million sale!
Probability of a million dollar purchase is by a company.
Companies are willing to pay more to a company than to an individual, is that what you mean?
It takes guts to turn down xxx,xxx offers and hold out for x,xxx,xxx
If you had the ability to foresee a major technology or even a social trend not yet predicted or in development, then yes it would be possible, trouble being you now need to know what that 'futuristic' project would also be called or popularly referenced as
However, your more likely to hit-on a good name for a future project/technology already in development and find yourself with a good 'Also-ran' domain selling for X,XXX to XX,XXX in maybe 5 to 10+ years time.
It's going to have to be something with Mass adoption
exactly this will be your problem:
5 years before the million dollar offer appears
you have already sold the domain for $1500 USD
and brag about your profit
It is possible. Only if we have the ability to say "NO" to every single offer including the $1m one. The buyer has no choice other than increase the stake or lose the asset.
How long you can say NO?
False dream, has never happened. Closest is bitcoin.com from 2008 (and bitcoin.ws if every sold), meanwhile 100 million other names regged that worthless.
Maybe buy lottery ticket? better chance.
It does not cost anything to dream.
Go back to sleep.
Most people said possible but very rear and hard, I also believe so and I clearly mentioned in the OP post 2010.
A few people are negative about this, that's difference of opinion and nature!
A little positivity boost, CBDOil.com recently sold for $500k registered in 2012. According to the buyer he would have paid more.
Money from selling drug. Dirty. You trust?
It's 100% possible. Recently, I started experimenting with hand registrations, and I am seeing really good potentials.
You just have to hold and wait for few more years. And you really need to be very creative and deeply knowledgeable.
If a company was willing to pay 1 million for Dudu.com then anything is possible. Dudu may not be a handreg but it was no where near a million dollar domain. You just need the right domain and the right crazy ass at the helm of the company you are trying to sell it to.
Registrar: Yes, it's very possible, let's do it!
You nail it
looks like he overpaid a little
he should have asked godaddy
they know exactly
I think this will be the biggest obstacle. How long can you say NO?
$1,000,000 sales usually starts with $1,000 offers. How long can you say NO?
Can you hold after $10,000, $100,000, $500,000 offers? Many 1million USD domains are sold for $1,000 because the owner does not have the nerve to hold. How long can you say NO?
Here's why people like @Rick Schwartz excels in high price sales. They know exactly how to say NO and mean NO.
yes you are right
I have seen that a lot, too
May be someone with 1M sales can better answer this question. IMO, Brokers can handle the high ticket sales better than individuals.
Separate names with a comma.