Is this a $4,000 domain name???

[htmlindex]

Just been browsing the recent sales today & found that WeBuyHousesFaster.com has sold for $4k today as reported on Namebio & DNSaleprice. Honestly, I can't see it worth that much. It's not even a site, just a parked page. Anyone care to explain how a name like this could've got $4k for it? I wish I could get those prices for names like this. Maybe it's time to start looking at 4 word domains!

 

[goodkarmaco]

I wishy there were more buyers like that. It would not be tough to think up a few of those names.

 

[rodash]

But basing it on the market "standards", it's not worth 4k at all!

Just what are the "standards"? Overture?

I don't see a problem with 4k for this particular name. In fact it's an extraordinarily small price to pay if you have a business and you want a very memorable name for a real estate business that buys houses. It's very specific to a particular type of service and obviously has value in that segment of the marketplace.

I think too many sale prices today are driven by the Overture key word thing (Google/Alexa included). I personally think the Overture thing is overrated and I think Domainers are blinded by Overture etc. Domainers have let themselves be locked into a situation where scores dictate every sale. Even the auctions today are unrealistic in that they are all being driven by traffic (a la Moniker's Traffic auctions) and not by a name's possibilities.

I take the view that in the longer term marketing and branding will become far more important considerations, especially with the ongoing release of TLDs and the clutter of shit names that are being registered. Names that are easily understood, easily remembered and which have strong recognition value will become very important for businesses wanting to stand out from the crowd. Long after the romance with Overture is over good branding and marketing type names will be the names bringing big prices. I believe this will happen quickly when non-domainers start coming into the aftersales marketplace.


I think the most puzzling thing is why more names of this type aren't selling for higher prices than they do at this point in time. I picked up the following as drop-offs:

LookAdorable.com
SmallisCute.com
WatchYourWeight.com
AlwaysNumberOne.com
CrazyAboutLove.com
Fastestlenders.com
BodySoak.com
HardWorkingMoney.com
MoneyLadies.com

These will all be very saleable names one day because businesses will want names that stand out and which have appeal. And the beauty of all these names is that they can be used for a multitude of purposes.

But .... none of them have an Overture score worth talking about. Somehow I'm not going to lose sleep over that.

 

[mhdoc]

I think too many sale prices today are driven by the Overture key word thing (Google/Alexa included). I personally think the Overture thing is overrated and I think Domainers are blinded by Overture etc.

Agreed. I frequently see threads where someone is proudly announcing the registration of a name that leaves me shaking my head and asking who would ever be able to use it.

I built a content website in 1999 on a subject I am reasonably knowledgeable about and it gets way more traffic than overture would suggest.

A long time ago I registered MustSeeToAppreciate.com and expect someone will want it one of these days

 

[SpongyBob]

What about

WeAlreadySoldYourHouse.com ?

Or maybe, WeAlreadySoldYourHouseButWeDidntTellYouAndWereKeepingTheMoney.com




More seriously, referring to the OP, "We Buy Houses Faster" sounds like one of those trademarkable phrases that companies like to use. Chances are some big estate agent will turn up with the phrase as their slogan in a few months time (and they'll be the ones who bought the domain, of course). $4,000 isn't alot of money for a big company. Which just goes to show, you never know what a domain is worth, if someone takes a liking to it.

 

[InternetMoney]

Good post Rodash. I agree. A domain that brings a little pocket change with parking and search isn't neccessarily going to be worth a large amount in the future. But a good domain name that can make a rememberable web site can we worth a larger amount.

 

[wikes82]

webuyhousefaster.com still available

 

[gazzip]

Theres another desriptive domain sold on sedo today - wevegotyoucovered.com for $1000

Pretty good one for an insurance name !



.

 

[IMguru]

you're not understanding the real estate market.

with that name, if he BUYS 1 home, (lets say a $100k house, fix it up, spend 25k in repairs, and sells that home for $175k = $50k profit)

now repeat that monthly for the next 5yrs......

now 4k dont sound so bad

I am agreed with you and I think there is nothing wrong of someone go for this in such a high price. Real Estate ventures are more attractive for Entrepreneurs because there is huge money involved.