Finteza

LLL .com domains are worth a MINIMUM $100k!

Labeled as analysis in Domain Industry News started by News, Sep 26, 2018.

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  1. briguy

    briguy Guru In Remission! VIP ★★★★★★★★★★

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    I like this comment from the article..
    "Dave L.
    September 25th, 2018
    Rick, are you stocking up on these great deals of LLL’s for $25k-$37k? if you choose not to buy a certain LLL.com for $25k, it is the same decision as the domainer who sells it for $25k. You are both choosing to have $25k cash instead of that domain.
    "
     
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  2. tonecas

    tonecas Top Member VIP ★★★★★★★★★★

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    an exercise:
    4.cn got burned hard and has made a fire sale of about 200 LLL.com last month. the CHIP ones, many also western premium, were sold between 22k and 30k. Has Rick bought any?

    there is a difference in what we think and believe what is the value of a domain and the money we are willing to commit...

    Rick has said that he does not pay $5k, $10k or $25k for domains unless he thinks they can be sold in high 6 figures or even 7 figures. But then again, if any LLL.com will soon be valued at $100k then Rick should buy them all. He has money for it. He knows the value of domains. It is an easy money opportunity.
     
  3. .X.

    .X. NameFeature.com Gold Account VIP ★★★★★★★★★★

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    I would venture to say he is buying them like candy bars at those prices.

    The only bad thing, here we go again with the recovery period, after they sell them off at that pricing, just like CHIP 4L.com frenzy, that is no fun
     
    Last edited: Sep 30, 2018
  4. topdom

    topdom Established Member

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    I think this logic is not very accurate. I buy a domain for 10, but won't sell for 20, this doesn't mean I would buy it for 20. This has to do with liquidity. Purchase price must be below expected sale price x liquidity. Actually liquidity depends on asking price also, so change the right side with
    max (sale price x corresponding liquidity). For LLL.com's these prices may be close, so reseller can sell to another reseller; but for average quality domains renewals is the biggest problem. Liquidity needs to be increased significantly for profit. Reseller to reseller can be only at very low prices, this is why many good illiquid domains don't get any offers here and sellers says up up up. They can't sell for 50 here, but this doesn't mean they can't sell for 500 or more outside. I have examples.
     
  5. briguy

    briguy Guru In Remission! VIP ★★★★★★★★★★

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    I think you are reading what I put in bold font wrong.

    You have a LLL com for sale at $25, 000, I take a look and decide not to buy..then I made a decision to keep my $25,000 and not own that domain.

    If someone had a LLL.com and you offered to buy it for $25,000 and he sells it..it means that he rather have the $25,000 than the domain!
     
  6. Recons.Com

    Recons.Com Active Member VIP

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    Rick's post is not about what he believes is right.

    It is about what he wants others to do so that he can profit.

    Let's say there are around 10,000 LLL.coms that are not used and are for sale or could be for sale with the right offer.

    Let's say Rick owns quite a few. He is smart and can count his money. He knows that buying more LLLs is not too lucrative, but he stands to gain considerably if the floor prices for LLLs were to go up.

    So he writes this to persuade others not to sell their names so that the inventory at low end would dry up and that all

    a) end users that need LLL but not a specific one
    b) end users that need specific LLL, but are not willing to pay above the market price for similar quality LLL
    c) resellers that want to invest in LLLs

    would have to shell out more.

    This is good for him, because now his assets are liquid at much higher profit point, in case he decides to liquidate or just need cash. And also his end user hold sale prices don't seem as ridiculous, as it might otherwise seem to potential buyer.
     
  7. indiegrind

    indiegrind Established Member

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    Why would floor prices even matter to someone who doesn't sell until they get the prices they want?

    This just doesn't seem likely in the context of Rick. He has been criticizing selling low and flipping forever. There is no agenda other than he enjoys the attention of ruffling feathers of those who are flipping domains for smaller margins.
     
  8. Recons.Com

    Recons.Com Active Member VIP

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    Please reread. It is right there why floor matters for someone who does not sell at floor.
     
  9. indiegrind

    indiegrind Established Member

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    I understand, I still don't feel that it really matters to Rick.He is looking for that one right buyer that needs his domain. He's not going to care about comps. Comps aren't even comps when it's one of one. There is no ceiling in a domain class, only a bottom.

    It's worth what it's worth to the buyer and seller. If those align its sold.
     
    Last edited: Oct 8, 2018
  10. FlipperC

    FlipperC Established Member

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    BINGO!!!!

    Rick seem only care about himself. he says he writes for others, but we are all selfish people. Badmouthing conferences when he doesn't do conference longer, badmouthing all domainers when he not buying and just holding. It funny in sad way.

    People wake up everyone has bias. Rick more so then most.
     

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