Is There Any Statistics On HOW LONG IT TAKES, On Average, To SELL A DOMAIN NAME With Average Value

[blue crystal]

This information would be useful when someone wants to know if he is getting good or bad results listing his domain names for selling as a premium, buy it now, offer/counter offer, etc. in a given domain selling site.

 

[Bob Hawkes]

I agree 100% with @frank-germany!

10 years
or less
or more

Being serious though, as @stub says, there are many variables - the name of course, the price, how effectively you are selling it, how you respond to offers, etc. Even with that, it is small number statistics. Some names sell almost immediately, other decent names wait a long time for a reasonable offer.

While one can argue about any and all automated appraisals, I do like a lot the format of the presentation of data in NameWorth. Try a name (you are allowed 20 per month in the free plan) and read the 6 results to see what I am describing. For example for one of mine they give a retail price of $5250 to an end user who desires (i.e. approaches you with an immediate need for the name) and they estimate for this specific domain name there is an 18% chance it will sell in the next 20 years. For the same domain they give an InvestorLevel® price of $1210 (to an entrepreneur and investor) but now they estimate the probability of sale at 90% in the next 20 years. Still for that same name, they estimate if I simply wanted to almost certainly sell it right away and auctioned it the price would be $273, but 90% chance of selling in next 7 days. I think it demonstrates how much the time interweaves with the price.

Bob

 

[bmugford]

The average portfolio turnover is around 1-2% a year for quality .COM that are priced reasonably.

For less popular extensions or higher priced domains that percentage is going to scale down dramatically.

Brad

 

[branding]

What most seem to forget is that on average a domain doesn't sell at all.

 

[frank-germany]

10 years

or less


or more

 

[Name Trader]

I've been told it's 1-3% of the domains a year. but I've sold 25% of my domains in the last 8 months and I have 35.

It's all about quality.

.... and price If you get too greedy with prices. You will sell less domains.

 

[Bob Hawkes]

I should add that NameWorth only give the 6 prices and associated probabilities for those that make it to one of their top tiers (about the top 14% of all domain names for sale). For others they just value at <$500. I should also mention that now I (think) it only does .com valuations. The developer has plans to extend that to at least .org and .net I think at some point, maybe others (I forget what he told me exactly). I mainly mentioned it here to point out that it explicitly relates the probability of sale and the price in a quantitative way I liked.
-Bob

(disclosure I have no association in any way with NameWorth)

 

[Name Trader]

@blue crystal

Is There Any Statistics On HOW LONG IT TAKES, On Average, To SELL A DOMAIN NAME With Average Value

I think it depends a lot on the domain, and what do you call average value. If it's a crappy domain, it will probably never sell. If it's Category Defining Name, it would probably sell rather quickly if it is under-priced. If it's over-priced, it might also take a long time to sell.

I think your assumptions are way to broad, to draw any conclusions. If you could be specific with an example name and an example price. It might be easier to give you something other than a generic answer.

 

[cabotower]

i got tired of playing yahtzee,so when i saw the thread i decided to butt in. but it is a pretty good expired pick up for $2.

 

[YairDD]

I've been told it's 1-3% of the domains a year. but I've sold 25% of my domains in the last 8 months and I have 35.

It's all about quality.

 

[Name Trader]

we were both off on the proper list value,me more than you.brandpa is going to list it for $2995.

As I said. This is not an appraisal thread. We were discussing the likelihood of "a domain" selling over what period of time. Price, of course will always be a factor in this. Too high, unlikely to ever sell, to too low, might sell easily within 1 year. Depending on the domain (of course). Because all domains are not equal. You cannot make hard 'n fast rules about this because there are too many variables to juggle.

 

[YairDD]

So you have sold about 9-12 names, depending if 35 is post or pre?

And what are your total proceeds from the sales and how many were end user?

And if you believe it is sustainable why don't you scale up?

Sold 8 domains so far. the highest sale was around $2600. the lowest sale was $200.

Paid $950 USD for all of them, Sold for $5,050

All of them were end users ( The domain I sold for $2,600 still doesn't have a website up, so I don't know about that one )

Used $2,000 to acquire 11 more names in the last week and a half ( and with high quality, that I actually think can sell for mid-high 4 figures ) Like EthExchange,BitcoinSwap & more ( in king ) and I'm looking to acquire more high quality names with $1,000. and then I'll just wait for sales and take some money off it to spend on more names.


I don't think I will ever have more than 50 domains on my portfolio (Unless I'll make a huge sale) because all of the names I acquire are with high quality and costs mid 3 digits. I barely have any handregs

 

[Name Trader]

Ok, here are two examples:

HugeIncentive.com priced at US$ 5000 ( Premium listing )

InnovativeApplication.com priced at US$ 1400 ( Premium listing )

My reply would go along the same lines as that to @cabotower. This is not an appraisal thread. We are talking about the chances of selling a domain, at a given price, in a specific time frame. You would have approx the same chances of selling these domains at the same price points, as in my reply above.

We haven't yet talked about how hard you are going to work to sell these domains. Are you doing outbound sales, listing on which sales platforms, etc.

I hope I've got my point across. There are too many variables to be very specific. I am not going to reply to any more postings for commentary. These 3 examples, should be enough to get my point across. Price is always an important factor. The higher the price, the more difficulty you will have selling these types of 2 word domains. Unless you get lucky with somebody needing the exact domain.

 

[namemarket]

(disclosure I have no association in any way with NameWorth)

Hi Bob, So you don't work for nameworth, right.












p.s. It's a joke since some here said I was working for .best registry since I like dot-best domains a lot. LOL

 

[Bob Hawkes]

Hi Bob, So you don't work for nameworth, right.

No I don't work for anyone , not even myself most of the time
Bob

 

[Recons.Com]

I've been told it's 1-3% of the domains a year. but I've sold 25% of my domains in the last 8 months and I have 35.

It's all about quality.

So you have sold about 9-12 names, depending if 35 is post or pre?

And what are your total proceeds from the sales and how many were end user?

And if you believe it is sustainable why don't you scale up?

 

[blue crystal]

The average portfolio turnover is around 1-2% a year for quality .COM that are priced reasonably.

For less popular extensions or higher priced domains that percentage is going to scale down dramatically.

Brad

Let me see if I interpret correctly this information.

Does it mean that if someone has 100 average domain names, he should expect to sell just one or two domain names per year ?

But, of course, if someone diminishes the price, he will increase the probability of selling.

 

[bmugford]

Let me see if I interpret correctly this information.

Does it mean that if someone has 100 average domain names, he should expect to sell just one or two domain names per year ?

But, of course, if someone diminishes the price, he will increase the probability of selling.

Pretty much. The turnover might be 0% if the domains are low quality or the prices are too high.
It is a sweet spot you find after a long time of doing this.

Brad

 

[blue crystal]

Pretty much. The turnover might be 0% if the domains are low quality or the prices are too high.
It is a sweet spot you find after a long time of doing this.

So, it seems that domain name selling is a long game and also demands wide experience, good intuition, and good judgment.

 

[Name Trader]

i'll stick my chin out,tell me what you think,selling time and price.
-
economyfare.com $4995

This is not an appraisal thread. But my guess is you would not sell this domain for this price in the next 2 years. Reduce the price to 1k, and you might have a chance of selling it in the next year. Reduce the price to $500 and you improve your chances of selling this domain in the next year.

 

[cabotower]

This is not an appraisal thread. But my guess is you would not sell this domain for this price in the next 2 years. Reduce the price to 1k, and you might have a chance of selling it in the next year. Reduce the price to $500 and you improve your chances of selling this domain in the next year.

we were both off on the proper list value,me more than you.brandpa is going to list it for $2995.

 

[poweredbyme]

This information would be useful when someone wants to know if he is getting good or bad results listing his domain names for selling as a premium, buy it now, offer/counter offer, etc. in a given domain selling site.

Knowing the average selling price of second hand domains would be more useful. Because if you know the average price you can price around the average for most of the domains that you have no idea on their value. Hence at least those domains will more likely be sold in the near future. If you already know the value, just lower the price to sell faster or raise the price to sell later. Pricing and timing are everything.

 

[GenericDomainz]

Average price for 2-word .com $1000-$10000,

Average price for a newgtld extensions with 1 word, I mean Word dot Word, or Word.Word - maybe $100-$2000, or $10000 if you are very lucky.

Average price for 1 word .com, I mean Word.com, maybe $10000, maybe $40000, but if it's real word, not hand-made "word".

 

[cabotower]

i'll stick my chin out,tell me what you think,selling time and price.
-
economyfare.com $4995

 

[blue crystal]

I think your assumptions are way to broad, to draw any conclusions. If you could be specific with an example name and an example price. It might be easier to give you something other than a generic answer.

Ok, here are two examples:

HugeIncentive.com priced at US$ 5000 ( Premium listing )

InnovativeApplication.com priced at US$ 1400 ( Premium listing )