domain Mark.com

[BigCharlie]

Appraisals both high and low are welcome. Just got this name after jumping through a bunch of hoops for many months.

Mark.com

 

[Jo]

That is excellent. Good buy!

All of my 4 names are also regged by other people. I am thinking of contacting some of them, the ones who just have them parked. Unfortunately one of the developed sites is an ADULT website, my first name.

Hey, is it possible to try and get your name website by legal action if the owner has no prior right to it? I mean they can't prove any use IE their name is not that name? Anyone know of any cases? Sorry...should I post in legal section?

 

[gingeman]

Great name- All I can say is good luck! Perseverance like that deserves its rewards!

 

[donlee]

let me get this right, mark cuban offered 2.5 million for it right? i am assuming you did not pay but 1/10th of that or less surely no more than one fifth, i would have taken that 2.5 million dollar check ( and maybee some lifetime season tickets to the Mavs) and laughed all the way to the bank and enjoy my retirement.

 

[rome2ng]

how much did you buy that name in the first place.

oh man, so much money

 

[cjcjcj]

Great name and you are not lucky - it sounds like you worked for every bit of that name. Go and write it down on paper a few times (you OWN THAT!)

I would not sell for less than $xxx,xxx but this of course depends on what you paid for the name. Think of your profit margin here and if you're in the business to make money it may not be wise to hold on and wait for an enduser. I'm sure you could flip the name to another domainer for mid to high $xx,xxx in no time at all.

 

[alex_d]

+ / - Reg Fee !!

















Just Kidding - thats an awesome name. Good luck with it !!


Alex

 

[linker]

Appraisals both high and low are welcome. Just got this name after jumping through a bunch of hoops for many months.

Mark.com

Great name worth 6 figures for sure... Any chance you could share some of the details on how you came across and eventually purchased the name? Obviously this is not the proper forum, but it would be a great read I am sure, and it would be very educational to some of us less-experinced domainers... Now if you have too many secrets to tell that is understandale too...
:hehe:

 

[scrsteven]

Plenty of famous Marks to sell to. I think you'll get 2 million to the right one, or to Adam's Mark hotel chain.

 

[BigCharlie]

I'll tell you how I got this name. Last summer I developed a list of a few hundred names that would obviously be home-runs. I typed in the name to see which sites looked like they were run by professionals, and which sites could possibly be owned by someone who didn't know the true value of the name.

Then I narrowed my list. A few of the names on my list actually had dead links, or content that seemed meaningless. This particular name had a dead link. I emailed the gentleman and he got back to me a few weeks later. He gave his price, and it wasn't a gift. The thing to keep in mind is that 99 percent of these people know that the name is valuable, so if you send an email asking "how much" or offering a few hundred dollars then you probably won't get a correspondence going. You should always offer a few thousand on life-changing names because that is better than most, and if the name is in fact for sale then you will have a chance.

We had a little back and forth negotiation and he wasn't budging from a certain price. Of course, I didn't have the money available anyway, but I can jump through hoops when I have to. During this same period of time I got a response from someone who owned a three letter name, and this deal seemed to move pretty fast, the only catch was that they wanted to close the deal during the first quarter of 2006...for tax purposes. This gave me a few months to round up the money for this purchase. Once again, the owners of these names are not fools, but if you can get something for a discount to what it is worth, then you can pay the big money to get these names and still have a cushion.

The three letter name was closed in January. I immediately tried to resurrect the deal with Mark.com...though I thought for sure the price would no longer be valid....even though it was a lot of money. Just to be sure, I sent an email from another email address with an offer 25 percent lower than what I believed to be his sticking point. He wasn't moving. I agreed to the deal and starting the ball rolling with an Escrow.com transaction. I had to keep it alive for almost three months, which took it's toll on me because I was close to having all of the money a few times.

At the end of the day I got the name, and I know what it takes to get these names, so I am not saying it is easy. You have to be prepared to spend real money. Also, it could have been any name that made my short list. It just so happenned that this name, and the three letter name, are the ones that inspired me enough to pull it off.

Most of these names are not for sale, so even if you find a needle in a haystack you will still have to step up to the plate and make a good payment. The seller got a fair price, though I will make money on the name. He is happy and said his accountant about fell off of his chair when he told him it was sold. I will only tell you that the price I paid was XX,XXX, just like the three letter name. Somewhere in that wide range.

As to Mark Cuban it was I who mentioned the 2.5 Million...as an attention grabber in an email at his Blog Maverick site. He actually emailed me during the game and said "2.5 M ...Good luck". I just wanted him to be aware of the name, I am not looking to sell for anything less than life-changing money in the next year or so.

 

[gazzip]

Cool BigCharlie - Thanks for sharing I hunted down a "potential" $60,000 + name that I came close to getting for a song, unfortunately the owner is also quite attached to it even though it is not in use - I will keep waiting and when I am in a position to offer more for it I will do - That's if I don't get pipped at the post :hehe:

Good Luck on making a great sale


.

 

[DOMiNIC]

Thanks for sharing the saga with us all, Big charlie.

Very inspirational.

 

[linker]

Thanks BigCharlie,

That was a good read!

Like I said, I am a lesser experienced domainer, and I realize that it takes money, and guts, and patience to make the big deals... I have inquired about $xx,xxx names in the past, not 100% sure if I would really pony up the cash (my wife would kill me anyway ) and I have gotten some good responses from the owners, most times they say they are not interested in selling... But I really like to read these types of stories to keep the whole thing in perspective...

 

[dgridley]

Hm, I could be on the wrong side of the fence, BUT I don't see the name as worth much more than the standard four letter .com. Sure, it has meaning, and it has potential, BUT is it commercially viable? What would you use the name Mark for to justify a xxx.xxx dollar value as some of you suggest? Why pay xxx,xxx for a first name domain when you can get first-surname usually for reg fee?

Congrats to the buyer as I'm sure you have plans for it.. hopefully you'll at least double your investment but again, commercially, I can't see alot of value for it besides a vanity name.

 

[fonzie_007]

I could see you fetching a $100,000+ offer on this domain within the next year or two. Great pick up.

 

[DOMiNIC]

Hm, I could be on the wrong side of the fence, BUT I don't see the name as worth much more than the standard four letter .com. Sure, it has meaning, and it has potential, BUT is it commercially viable? What would you use the name Mark for to justify a xxx.xxx dollar value as some of you suggest? Why pay xxx,xxx for a first name domain when you can get first-surname usually for reg fee?

Congrats to the buyer as I'm sure you have plans for it.. hopefully you'll at least double your investment but again, commercially, I can't see alot of value for it besides a vanity name.

I might be wrong but i see it differently.

A commercial name has to be commercialy viable and that limits the price a company will pay for a domain.

Whereas a name sold for personal reasons has no limits to a billionaire who likes to boost his ego.

Just look at the insane prices Personal Registration Plates fetch on cars.

 

[dgridley]

Most millionaires and billionaires are millionaires and billionaires because they don't throw around their money without some kind of actual need or plan.. even if I was a billionaire, I wouldn't pay more than $500-$1000 for David.com (if that), just wouldn't be that important to me as a personal name.. I already own my full name as a com that I got for reg fee.

On the other hand, someone mentioned the Mark Hotel chain? That's the kind of firm that might go the extra buck for this sort of name.. IF MarkHotel.com weren't available.

Sorry.. most of you turn your noses up at the .name ext yet ooh and aah over a personal name .com? Don't see it..

I might be wrong but i see it differently.

A commercial name has to be commercialy viable and that limits the price a company will pay for a domain.

Whereas a name sold for personal reasons has no limits to a billionaire who likes to boost his ego.

Just look at the insane prices Personal Registration Plates fetch on cars.

 

[NameCaster]

Hm, I could be on the wrong side of the fence, BUT I don't see the name as worth much more than the standard four letter .com. Sure, it has meaning, and it has potential, BUT is it commercially viable? What would you use the name Mark for to justify a xxx.xxx dollar value as some of you suggest? Why pay xxx,xxx for a first name domain when you can get first-surname usually for reg fee?

Congrats to the buyer as I'm sure you have plans for it.. hopefully you'll at least double your investment but again, commercially, I can't see alot of value for it besides a vanity name.

Most millionaires and billionaires are millionaires and billionaires because they don't throw around their money without some kind of actual need or plan.. even if I was a billionaire, I wouldn't pay more than $500-$1000 for David.com (if that), just wouldn't be that important to me as a personal name.. I already own my full name as a com that I got for reg fee.

On the other hand, someone mentioned the Mark Hotel chain? That's the kind of firm that might go the extra buck for this sort of name.. IF MarkHotel.com weren't available.

Sorry.. most of you turn your noses up at the .name ext yet ooh and aah over a personal name .com? Don't see it..

It is a nice name but I agree with dgridley as far as its worth.
Good Luck!

 

[vslevin]

Actually, I started chasing the name last summer, but the last three months seemed to take years off of my life. Either way, it was tremendous perserverance. Mark Cuban just emailed me back (during the Mavericks game against San Antonio). He said 2.5 MM hope it works for you...in reply to my suggestion of 2.5 Million. I responded that Sirius should pay that...just like Yahoo.com paid 5.7 Billion for Broadcast.com, and that you never get your price unless you ask. At least I got his attention and he knows where to reach me.

Never mind, I hadn't read the 2nd page.

 

[BigCharlie]

Mark Cuban never offerd 2.5 Million. I suggested that price to get his attention, and he was being sarcastic when he said...Hope it works for you. Either way, my goal was to make him aware of the name...which he is.

 

[snoop]

BUT I don't see the name as worth much more than the standard four letter .com.

hang your head in shame