It's Hard to buy good name now.

Discussion in 'General Domain Discussion' started by GeorgeQuang, Aug 15, 2017.

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  1. GeorgeQuang

    GeorgeQuang Established Member

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    Hey everyone, i'm just a rookie. I started investing in Domain late - 2017, so i just have a small portfolio ( about 400 domains). Recently, i realized that it's too hard to buy a good name now. Why ?
    1> GoDaddy Expired Auctions : as you know, HugeDomains gets 40% -50% good domains, 20-30% will belong to big players ( who has big pocket - huge capital to burn), and the rest belong to us. You can see some names below with their prices.
    ensureit.com $175
    searchmind.com $295
    deyde.com $215
    ablepower.com $425
    aceadvisory.com $117
    innovacenter.com $120
    bellecreative.com $127
    crownalliance.com $127
    corptex.com $273
    2> Dropped List : nowaday, we can't find many high quality domain names on dropped list because of the increasing of Drop Catching systems.
    - With individual domainers: they prefer to pay 59$-79$ for the name that they think it good enough than wait and reg it on Dropped List.
    - With Domain Companies: they have their own Registers, so that they can catch expired names quickly. And the rest in Dropped list almost are junks.
    3> Auctions : people now become crazy in bidding war. They are willing to pay more and more money for a name that has bids despite its quality. If you want to get a good one, you must pay more 30-40% than before.
    Domain's price now is crazy.
    So what do you think ?
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. WeSell-Domains

    WeSell-Domains Established Member

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    I have noticed a drop this year in the quality of names that have expired. Last year I was still able to hand reg. This year, not so much. Now it takes deeper pockets. It is a combination of things. More domain investors (because all of the news is from big investors making big sales) and companies like Huge Domains. In my opinion, it will get worse before it gets better.
     
  3. urlurl

    urlurl Active Member VIP

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  4. .X.

    .X. HappensOnline.com VIP ★★★★★★★★★★

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    I agree, Though this is nothing really new, It has been going on for many years, I never participate in the drop auctions, never have, never will, I wont go into exactly why, But i will leave it at this, I am a very suspicious person by nature.
     
  5. LiamShiff

    LiamShiff Established Member

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    Then where do investors acquire their domains?
     
  6. NamePrime

    NamePrime The Godfather VIP

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    Private auctions I guess, but so many competition. Even drop and expired auctions.
     
  7. gilescoley

    gilescoley Top Member PRO VIP

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  8. .X.

    .X. HappensOnline.com VIP ★★★★★★★★★★

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    I have always purchased established names here at NamePros or via contacting the owner by email. I don't sell my names much at all, So when i buy, I am looking for a fair price for both myself and the seller. not a steal of a deal, so to speak. Not everyone here, is selling domain names, there are buyers too (;
     
  9. frank-germany

    frank-germany Business Member Business Account VIP

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    I think:
    define "good name"

    what is a good name?

    and then think of how to hand reg one
     
  10. Kuffy

    Kuffy Established Member

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    I didn't like any of the names in the OP. I believe it is still possible to pick up names which I think of as "usable". I think I picked up ForexVlog.com this morning. That will be handy for the expanding Foreign Exchange market, especially when Germany switches from the Euro back to the DM.
     
  11. frank-germany

    frank-germany Business Member Business Account VIP

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    LOL

    that won't happen anytime
     
  12. Kuffy

    Kuffy Established Member

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    I got the name, or were you referring to the replacement for the Euro? :)
     
  13. Secured

    Secured Established Member

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    Defeatist attitudes are prevalent - remember, though, human creativity is boundless. There will always be a demand for creative domain names, as millions of companies are founded globally each and every day. Healthy parts of both luck and skill will always prevail!
     
  14. Silentptnr

    Silentptnr PRYCR.COM Business Account VIP

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  15. Secured

    Secured Established Member

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    Ask and ye shall receive! Haha
     
  16. frank-germany

    frank-germany Business Member Business Account VIP

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    I was referring to:
    of course ;)

    don't doubt you have the name
     
  17. frank-germany

    frank-germany Business Member Business Account VIP

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    thats the proof!
     
  18. GeorgeQuang

    GeorgeQuang Established Member

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    1> What is "good name" ?
    For me, good name is a domain that can reaches at least 1 of some conditions below :
    - Hot trend (2015 is Cloud , 2016 is AR/VR, 2017 is Robot and Crypto $ block chain)
    - Clear history background : hasn't been held for so many domainers or been held for a domainer in a long time. Having real companies in its life cycle is an advantage.
    - Potential Buyers : ( Pbs is Potential Buy - who are owning a similar domains in other gTLD, ccTLD or a longer version than yours) the more Pbs your name has, the more opportunities it can be sold.
    2> There are so may rookies now.
    People think that domain industry is phenomenal: you can get 5 6 or 7 figures sales with only $8-$9 investment. Me too, i decided to join this industry when i watched Interviews on Domain Sherpa, tons of fairy tales there. I just thought that i could bought a name for $8 or $9 then waitted for 4-5 months then flipped it for 5 6 7 figures. But my heart was broken. :(
    - First : the domains that i thought they were cool and can be profitable were not available to reg. I must hunted them on Auctions, Dropped List ... so the hole process took more time than i expected.
    - Second : there were some good name on Dropped List, but i couldn't flip it and got many bucks. Flipping a Hand-reg name for 1k or 2k on Dropped List is a big success now. There are still some good profitable for 5 or 6 figures out there, but the ratio is too small. Don't mention hand-reg domain, because i;m talking about Dropped List domains, not the ones you Reg for the future like some guys did in this forum: investing in BlockChain in 2015, so now they are making tons of money. I'm mentioning Dropped List. So please don't tell me " Oh you are wrong, BitcoinCash.org was sold gor 4X XXX. Yes, but how many name you can flip like this ? I'm talking a huge picture, not a point".
    - Third: rookies is less knowledge. People now just fight against each other for the names that have more bids ( Thanks to Drew's advice) without researching what is good and what is bad investments. They just burning their money. So i couldn't get cheap names like i did in the early of 2017.
    3> I read the article that mentioned " ICANN will shut down over 800 registers to avoid Catching domains so quickly" in May -2017, but now i still can not hear any news about this. I hope they will do it, so that the Dropped List will contain more quality domains like it used to be.

    I just have only 2-3 good names after hunting for over 8 hours a day. I'm so tired and low-morale now.
    The names that i think it just valued $20 were sold in Expired Auctions for over $100.
    The names that i think i can invest in them for hundreds bucks were sold in Expired Auctions for thousands.
    And what's next ???? :(
     
    Last edited: Aug 16, 2017
  19. atinc

    atinc ∴ Entrepreneur ∴ Business Account

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    If you are looking for a good domain, expired domain auctions should be the last place you are looking for.

    portfolio of 400 + domains is not a small portfolio at all. You just started domaining few months ago!

    Also please remember that it is harder to sell good names.
     
  20. Hemanttilotia

    Hemanttilotia Established Member

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    Don't get me wrong but you just started and you have 400 domains??
    Don't spread that much....it's a game of patience.
    Buy only those domains that you or anyone else can develop it.
    That's it. The line above is key to successful investing.
    If you want to become the next Rick 'Domain King', you got to put in the years that he has put in.
     
  21. GeorgeQuang

    GeorgeQuang Established Member

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    1> You can use Whoisology or Whois.com or DomainTools.com to find how many name i'm holding now. :) I started to buy name like hobby in 2015, but i let all expired. I just started to work like a full-time domainer in early 2017. So now, it's August : 400 names in 8 months is possible, right ?
    2> Don't spread that much....it's a game of patience. That's right but you need money to buy food, drinks and pay bills. Patience does not make more money in short-term.
    3> Buy only those domains that you or anyone else can develop it. => Yes, but those names are being sold for crazy prices now. If you want to have them, you must be the craziest guy.
     
    Last edited: Aug 16, 2017
  22. GeorgeQuang

    GeorgeQuang Established Member

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    100% agree. Having a good name does not ensure that you can sell it fast.
    But if you want to sell names, you must own it first :) And it's hard to get good ones now :)
    Remember, may be Expired Domain Auctions is the last place to looking for, but it's maybe the cheapest market ( with Dropped List) to get domains :) And it makes sense for a rookie with limited capital like me :)
     
  23. Asfas1000

    Asfas1000 Business Member Business Account VIP

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    It's also possible that noone eats, strong or weak.
     
  24. GeorgeQuang

    GeorgeQuang Established Member

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    Yes, and HugeDomains are eating us now :D
     
  25. frank-germany

    frank-germany Business Member Business Account VIP

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    in order to shut dropcatch down
    they would need to shut down 2000 registries
     

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