discuss Is it impossible to handreg a million dollar name?

[mAd MaX]

All domains are handreged but is it impossible to handreg a million dollar name post 2010?

 

[kite26]

It's already hard to sell $x.xxx sales with hand regs. Imagine now how difficult is to achieve a million sale!

 

[mAd MaX]

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?

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?

 

[NameJi]

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?

 

[johnnie018]

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.

 

[johnn]

It does not cost anything to dream.
Go back to sleep.

 

[Haykay2005]

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

You nail it

 

[Bob Hawkes]

I think many cases where a company is clearly overpaying for a domain name go unreported to avoid embarrassment for management or to avoid second-guessing by the peanut gallery.

^^ This is a perspective I had not thought of, but makes a lot of sense to me.

Also thanks for sharing the idea that one strong willed CEO who really wants a particular name that can drive it (one might argue the Tesla sale was like that - clearly they could have called themselves something else but Elon really liked Tesla and persisted over many years and many dollars to get it). Thanks for providing your perspective from the point of view of a registrar CEO and escrow service provider that provides a perspective most of us don't have.

Bob

 

[mAd MaX]

The only real way is if you have a domain and some massive trend emerges, like cryptocurrency for example. But even then how many million dollar sales have there been?

It may happen in the category you mentioned I think

 

[zeev yagorov]

i new to this biz but someone told me alot huge deals made but no go to public, he told me if you think the famous one are the most big you are wrong, i also asked him it is realistic to sell domain for few millions today after everything is already registered, he told yes and its was done, he told me why privatejet sold for so big numbers and other sold for much less, where he is the logic, he told me how estibot can figure out price when there is no logic and the one will try to show you logic is far away from the real truth that private jet sold because the owner is smart he know what he hold, the others that sell high quality domains for less lose so much money, and he told me there are alot top domains that no body ever touch them, you need to be creative, the companies that buy them dont have the ability to found them its just not their job, the domainers are the ones that have this nature to get this names, so i built bot like miner to see what goes and this is also help me to get new domains from all what the bot founded, so i found tons, and i was in shook that domainers not get to them, some domains are top 2 words, some middle the others are crap

but for example the domain flythisjet.com and private vip Flights.com historical wine.com

 

[karmaco]

It is possible with a long hold but less likely unless you get super fortunate and registered the next really big thing before someone else. I don’t think it’s fair to bring Rick Schwartz into this as an example. For one, his domains are in some cases worth what he asks— maybe in every case and of a different caliber.

As a smaller example, ask yourself how much you’d hold out for on a great CBD name you managed to snatch up ! Or that machine learning name or AI or whatever future trend you invested in. Would XXXX or XXXXX make you swoon?

You need to know the answer before the question gets asked.

The reason there aren’t more huge sales is the average domainer would rather take a sure thing than an unknown. I do believe some names are worth waiting for the right buyer. I just don’t think it’s practical to always holdout. Unless you have a pocket full of top tier names.

Look it all depends on the caliber of the name and how long you are willing to wait.

 

[jamesosix]

Money from selling drug. Dirty. You trust?

shut up.
CBD is perfectly legal in most parts of the developed world.

 

[jamesosix]

Not it isn’t illegal in almost every country. People making excuse to profit on addiction, dirt.

Somebody bitter because they missed out on the gold rush? I think so...

 

[MapleDots]

Not ALL places, so sorry you cant enjoy this, its obviously making you bitter.

in regards to johnnie0018

Nahh not everything.... he is just bitter at having his account restricted.
Apparently he knows everything about everything, except how to manage his own affairs.

Funny thing is no website, no sales, no nothing. Just appears incognito flapping his lips with no facts of any sorts to back anything up. All he does is criticize namepros members when he has yet to ever sell a domain.

So nice flapping his gums totally incognito.... well not totally incognito because it seems namepros put him in his place pretty fast.

Yet if we listen to him there has never been a hand registered domain that has sold for one million.
That is post 2010 as specified by the OP.

Does he even realize that all domains registered past 2010 were hand registrations?
Yet he still argues that none could have, or did sell at 1 million.

Then he also states that it is impossible to sell ANY new registration for a million.

Any domain, I don't care when you hand registered it can sell for 1 million if an end user wants it badly enough.

Goes to show how the people with the least business knowhow have the biggest opinions. By looking at his restricted account we certainly know his vast area of business expertise.

 

[420domainer]

New owner of cbdoil.com said, in a published interview, that he would have easily paid double, which would have been over a million dollars for a name handregd in 2012, because he said he could recoup that million in 6 months- so there ya go. Good enough for me.

 

[Fancy.domains]

I think the question is similar to this question:

“Is it possible to becoming a millionaire from panning for gold”

The answer for the both questions should be:

“It’s highly unlikely. Almost impossible. But you have a small, small, small chance if you’re a smart and hard working talent with extreme luck”

 

[zeev yagorov]

The very first time it any name was registered was by hand so it has been already done before whether that is impossible in 2019 could be debated. If someone picks it up on drop or expired it is same thing if can be resold for a million. People have gone on vacation and will keep forgetting making all sorts of mistakes.

you also right mate, i more in the direction of to register domains that no body get to them

 

[Mister Funsky]

someone told me alot huge deals made but no go to public

I've been around this domaining thingy way longer than I care to admit...I was in it before the big bubble burst nearly two decades ago.

Fortunately, I had a few decent sales back then and there have been sales beginning at 500 on up since then. Not one has ever been reported or made public by me or any of my buyers.

In the domaining sea I am a small fish and many of the big guys keeps their sale info quiet as well.

 

[zeev yagorov]

I've been around this domaining thingy way longer than I care to admit...I was in it before the big bubble burst nearly two decades ago.

Fortunately, I had a few decent sales back then and there have been sales beginning at 500 on up since then. Not one has ever been reported or made public by me or any of my buyers.

In the domaining sea I am a small fish and many of the big guys keeps their sale info quiet as well.

at last someone say the truth,,, i meet somebody over net he is not like you, he started after as we say its dead game and did it to big numbers and he told me not one sell he did ever reported, he told me he sold domain in the porn industry to some big company for future project, its never reported ,,mind geek

 

[Want2learn]

Just because something is possible does not mean it is probable. Whoever can market their names the best wins . . . imo. Not for a million bucks though.

 

[zeev yagorov]

Just because something is possible does not mean it is probable. Whoever can market their names the best wins . . . imo. Not for a million bucks though.

far away from easy its for sure

 

[ben pedri]

I think it comes down to research of course you still can ,if not you can at least buy one for a few hundred or thousand now that may be worth a million in the future. No one knew what cbd was 5 years ago I'm you could have bought that for 2 k in 2003 I heard it sold for 500k and I think that's cheap,you basically own the market with that name, someone will pay 2 million for it,if an end user did not buy it already. Also I hand regged a domain I sold for almost 5k 5 years ago ,no one bought it or backordered it ,the buyer never renewed it.So anything can slip buy,Getting back to research ,if you put in the time looking for the next best thing. two worders are the things to look for that would define a category. Frank shilling did this and he now owns the most 2 worders that own the markets more than anyone. Smart Guy ,looks ahead.

Just today in fact I just hand regged a domain that alpnames defaulted on that went into redemption that I could not renew ,when it went to moniker.com they tried to shake me down for 160 bucks ,but said they would take 100, 2 days later they said it was too late. now pending delete, icann is a scam they did nothing to help ,3 other domains I wanted that I dident want to pay 100 bucks for got back ordered at name jet ,alpnames defaulted and icann dropped the ball, verisign was no help either ,they are they as bad ,they ignored icanns request to suspend deletions of domains. This is horrible for the industry. If this was a million dollar domain it may have happed the same. The domain industry lost a lot of clout . Never in the history of finance has a commodity contract on any exchange has ever been defaulted on there was a commission that would step up to make sure the contract was fulfilled and a clearing house would back that trade.
This default just made history,some people lost some good domains,alp names was pretty small they only had about 300-400k domains so that's why icann and verisgn did hardly anything. In fact the money balance I had in the account at alpnames is gone too and no one knows anything about it ,icann suggested I hire a lawyer. So icann accredited mean squat, hopefully they next time the drug addicts at alpnames put a needle in their arms its the last.

 

[TauseefKhan]

@legendarynames rightly said. But, I think one doesn't need to wait for 15 years. Changes are happening quite rapidly nowadays compare to last decade. So, I think - 5 years time is an ample time to verify if what you've registered goes mainstream.

 

[carob]

abilliondollardomain.com can be had for under $10.

amilliondollardomain.com was hand registered in 2015 but is now in redemption period. Imagine dropping a million dollar domain.

 

[poweredbyme]

You can register 150,000 domains for $1m. Right?
So the break-even odds is 1/150,000.
However if you sell 150k domains for $1m, you will have $1m to register another 150k domains.
So the break-even odds now becomes 2/150,000
If you sell the second 150k domains for $1m then you will have another $1m to register 150k domains for the third time.

If you register 150,000 domains for 150,000 times then one of your hand registered 22,500,000,000 domains must be sold for $1m.

If you don't have money to start with 150k cycles, you can start with any number of domains you can afford. The only difference will be the number of buy-sell cycles until you register 22,500,000,000th domain.
For instance you can register and sell 10 domains each time. You will need to repeat this cycle 2,250,000,000 times.
If you have 40 years to die, it's 14,600 day, approx. 15k days.
To do something for 2,250,000,000 times until you die, you must do it for 1,500,000 per day, or for 1,000 times per day to do it for 150,000 times.

If you sell 22.5b domains you will likely sell couple of domains for less than $1m that are actually worth $1m or more.
Therefore the point is not to sell 22.5 Billion domains. The point is to know which domains are worth $1m. One the other hand, if have this knowledge, then you don't need to register 22.5 Billion domains. You can register 1 domain and can sell it for $1m. So there is a mutual relevancy between knowledge and obtaining the knowledge from trials and errors. All you need is to adjust the balance between your current knowledge about $1m domains and the required number of trials and errors to obtain the absent part or parts of your knowledge.

 

[TauseefKhan]

I actually do know someone (not a domainer) who hand-reg'ed a .com for a personal project that got shelved and that domain sold for a solid six figures amount, 12 years later. It was out of pure luck as the thing became a trend.

The domain was registered in 2000.

I think it's similar to the case of crypto .com domain name. Thanks for sharing.

Most of the domainers register names related to the current trend. And, it's unlikely to hand register something that doesn't exist because that needs creative/lateral thinking which requires a lot of reading/research and analysis.