domain Mortage.com was sold for $242,000 What i did? Need opinions- Mortgaige.com

[shah247]

Hello Namepros Folks,
I hope you all are doing fine, I need your opinion and reviews for a domain i bought yesterday.

So I'll start from here the other day, I was exploring Expireddomains .net in a hunt for a domain and caught a domain *Mortgaige.com* which, I know is a misspelled domain Orginal word is *Mortgage*. sound similar?

Considering a previous sale of Mortage.com ($242,400) and of my recent sale of a misspelling domain got my interest in this domain so, I went on and bought it. I'm not a pro in domaining but I try to research first then buy sometimes, I failed and sometimes succeed. that's how you learn and grow in this industry.

Give me your reviews and thoughts on this domain?

what plans do i have with this domain?
Well, I'm here to do a quick flip if I received any decent offer mid $$$ otherwise will submit to Squadhelp or brandbucket for a beautiful landing page to attract the right buyer for it. what do you think? suggestions and opinions are welcomed

Please ignore my grammar and spelling mistakes as English is not my native language. Thanks

Regards,
Shahzaib

 

[Joe N]

This is the type of name we all buy when we first start out, but you learn after a while why they have an incredibly low chance of selling, even for a few hundred bucks.

Brandability is certainly a big factor, as mentioned by others, and there's no good argument for why a company would want to brand themselves on this particular mis-spelling of Mortgage.

Another thing you need to consider is the uniqueness of the name. Are there other ways of saying what your name is saying, or doing what it's doing? For example, you offer an unusual mis-spelling of Mortgage that sounds like the real word (mostly). That's fine... but why not Mortgige, Mortgadge, Mortgaj, Mortgudge, Moregage, etc...? Why should someone pay you hundreds or thousands rather than register some other off-colour mis-spelling that's still available.

Don't listen to those that will tell you "maybe" some crazy billionaire will fall in love with the name and pay you thousands for it. That doesn't happen. Is there an incredibly remote possibility? Sure... in the same way that "maybe" a crazy billionaire will fall in love with the odor of my feet and pay me thousands for one of my socks. It's a pipe dream. Don't bet on pipe dreams.

 

[HotKey]

As we are putting this “post” to shame @Joe Nichols

No shame in learning. He gave genuine advice. I learned something myself, from a couple posts on this thread.. I sell domains directly, and never considered the options of parking or affiliates- because I know nothing of it.

Certainly doesn't change the quality of the name, but at least there's other routes of revenue that can be considered if anything.

Just be prudent of how much time and effort vs likelyhood of profitable returns.

 

[UncleBrand]

always dream big,
put at least a XX,xxx$ bin for 6 months on sedo/afternic
you never know some crazy guy who has too much money to spend

3 months before it expire come back here for an epic auction

 

[omelet]

i think it’s garbage

 

[omelet]

Mortage.com was sold at good price, doesn't mean Mortaige.com can do the same. Very little chances to sell at even $500. The sales of Mortage.com is not a good example to follow.

For example, double letter brandable domains used to be quite popular at Brandbucket market, so several years ago I bought 700 names, all double letter. I remember someone warned me not to buy in too many, but I was new to domaining so i didn't hear. Now during the last 3-5 years, I have dropped 50% of the names and received really limited offers. So domainers always have great dreams, that's good, but we also need logic and analytical skills to make rational decisions. Passion doesn;t give us returns, experiences do.

 

[Joe N]

you never know who wants the name and who does not.

Of course that's true, but you can use that justification to buy any name.

Don't buy names because "you never know". Buy names because you do know.

Maybe you know that:

• The term is being used widely online.
• Some businesses are already using this name as their brand, slogan, or for a product/service.
• Similar styles of brandable names are popular and you can gain added exposure by having it approved at a brandable marketplace.

Either way, make sure you know why you're buying the name. And make sure it's not because a name with similar spelling once sold for a lot of money a long time ago. Rely on current data and examples; the more the better.

 

[sbweb]

Seems like it would have potential with parking or an affiliate program. Depends if it receives traffic or not.

 

[pb]

mortgaige.com is not a typo of mortgage.com, but it might be a typo of mortgauge.com

 

[DuDD]

• You can hang it on every platform
  • Making a nice sales page,that can also attract natural flow buyers
    • Try more.Hard work always pays off
      

 

[DuDD]

I understand what you're saying. It's just that if no one wants the name, listing it in lots of places doesn't actually improve your chances.

Basic math, right? 1 x 0 is the exact same result as 100 x 0. The only difference here is that more time is being spent on a sunk cost.

That being said... buying these kinds of names and exploring listing options and sales strategies with them is how most of us started learning. There is value in that.

Nice talking to you

 

[shah247]

Of course that's true, but you can use that justification to buy any name.

Don't buy names because "you never know". Buy names because you do know.

Maybe you know that:

• The term is being used widely online.
• Some businesses are already using this name as their brand, slogan, or for a product/service.
• Similar styles of brandable names are popular and you can gain added exposure by having it approved at a brandable marketplace.

Either way, make sure you know why you're buying the name. And make sure it's not because a name with similar spelling once sold for a lot of money a long time ago. Rely on current data and examples; the more the better.

Gotcha. THANKS FOR THE BEST GUIDE.

 

[shah247]

As we are putting this “post” to shame @Joe Nichols

no there is nothing about shame. it's about learning from experience. I love how Joe politely explained everything i needed to understand . i will keep his precious advice in my mind next time i invest in any domain. Thanks joe.

 

[HotKey]

Have never heard of the word "mortage", I cannot believe someone paid a quarter-mil for a typo!

Still, that was over a decade ago, don't waste your time with such nonsense as "mortgaige". I could never see someone branding on that. You can do better, and should.

 

[zomainhacks]

I would park it on Bodis or other similar services and see how much traffic and clicks it generates

 

[shah247]

mortgaige.com is not a typo of mortgage.com, but it might be a typo of mortgauge.com

I did not say that it's a typo it's a misspelled read my post again, please. Thanks

 

[OnlineDomainShop]

I have typo Martgage.com with a few users each day , No offer in a year , hand regged it a year ago

Your name mortgaige is totally dependent on traffic , if it has good traffic keep it otherwise drop it on renewal

 

[Joe N]

Thanks for your expert opinion. but I want to include this that none of these domains you mentioned sounds like similar to a mortgage and a few you mentioned Mortgige.com and moregage.com which are already taken and yes these two only sound very similar to mortgage.com so the Mortgaige.com ?

and I appreciate your opinion and a detailed review and an honest suggestion. I'll keep in mind next time

Thanks

Regards,
shahzaib

The issue is that Mortgaige only sounds more like Mortgage according to you. You're letting an uninformed subjective opinion guide your buying decisions.

 

[DuDD]

Thanks, That's a very genuine suggestion.

• For sale pages, there's also a lot to look at,
  

• If you are interested, I can also find some recommendations for you
  

 

[Joe N]

Everything you need to know about this name is right here on page 1 of the Google search:

 

[Joe N]

Yes, only when the buyer knows the name will they search it

I mean one more way one more chance to sell,

• Multiple ways of selling to increase the number of ways of selling

I understand what you're saying. It's just that if no one wants the name, listing it in lots of places doesn't actually improve your chances.

Basic math, right? 1 x 0 is the exact same result as 100 x 0. The only difference here is that more time is being spent on a sunk cost.

That being said... buying these kinds of names and exploring listing options and sales strategies with them is how most of us started learning. There is value in that.

 

[shah247]

I understand what you're saying. It's just that if no one wants the name, listing it in lots of places doesn't actually improve your chances.

Basic math, right? 1 x 0 is the exact same result as 100 x 0. The only difference here is that more time is being spent on a sunk cost.

That being said... buying these kinds of names and exploring listing options and sales strategies with them is how most of us started learning. There is value in that.

you never know who wants the name and who does not. ik it's hard to sell a brandable domain. Just like mortage.com was first registered maybe no one wanted before until the right buyer paid for it. anyway i respect your opinion and thoughts I'll keep in mind for the next purchase. thanks your time.

 

[biggie]

Hi

in 2006, i sold:
mortfage.com @ $125

btw: it's available to register and has $800 gd appraisal

be quick, better hurry///

imo....

 

[King]

Wrong section, brand marketplaces are horrible, try parking it with housing ads.

 

[shah247]

Have never heard of the word "mortage", I cannot believe someone paid a quarter-mil for a typo!

Still, that was over a decade ago, don't waste your time with such nonsense as "mortgaige". I could never see someone branding on that. You can do better, and should.

you never know someone may have an idea for it also the domain was first registered in 2001 and dropped in 2020.