.tv Oil.tv sold for a loss

[equity78]

Oil.tv sold for $1050 on SEDO and was paid for since it showed up on DN Journal last week. But the domain has a $1750 renewal and was only regged in May 07 so the seller just wanted out for a negative gain. Showing that looking to flip premiums is not a smart strategy. IMO

WHOIS showing PhoneBook.com the new owner interesting to see what they do with the domain.

 

[TheBulldog]

How very interesting.

Would be more interesting to know if they actually paid full price in May. And even though I may not be "Hold" on tv.....there is NO way I would have sold this one for less then reg fee and would have done full dev or at least held until expiration.

 

[equity78]

Back then Bulldog no discounts were being offered.

But you never know

 

[domainacrobat]

Oil.tv sold for $1050 on SEDO and was paid for since it showed up on DN Journal last week. But the domain has a $1750 renewal and was only regged in May 07 so the seller just wanted out for a negative gain. Showing that looking to flip premiums is not a smart strategy. IMO

WHOIS showing PhoneBook.com the new owner interesting to see what they do with the domain.

I agree with the bolded statement. Forcing a flip on a premium is very difficult. I have owned 3 premiums. 1 Sold for a good profit and the other 2 have yielded losses. So far the premiums are the only names that I have taken notable losses on, they were both LLL.tv domains with low-moderate renewal fees.

It would seem that development may be key to help offset the price via revenue and increase potential buyers.

 

[hullswingerscom]

woow bad news if oil.tv cant sell for a high price ,not much will.

 

[poiuytrewq]

Indeed. I had an exceptional LLL.tv that sold for a modest profit myself.

Fact is, premium pricing puts people off and we are seeing real aftermarket evidence of that.

 

[snoop]

I agree with the bolded statement. Forcing a flip on a premium is very difficult. I have owned 3 premiums. 1 Sold for a good profit and the other 2 have yielded losses. So far the premiums are the only names that I have taken notable losses on, they were both LLL.tv domains with low-moderate renewal fees.

It would seem that development may be key to help offset the price via revenue and increase potential buyers.

Expect more of this in the future (though only the rare case will likely ever get publicised). I suspect it will probably be mainly people just letting stuff expire, at least the registrant of oil.tv was able to recover some of his costs. In the majority of cases when someone registers a premium name they aren't really buying an asset, they are paying rent!

I'm not sure about development being the golden goose for these names, if the person is only focusing on one or two names then perhaps, but most domainers own tens/hundreds/thousands of domains. For the average speculator there isn't much chance of doing effective development in that kind of volume.

 

[equity78]

Well I believe unless someone had an exact interest in specific niches such as oil or gig then the ability to sell for a high price is going to be moderate. In other extensions beside the premium all 17,576 are registered.

Right snoop and this is where I think is the cornerstone of the debate here, .tv is not and should not be a domainers extension. You do not want to own 100,200,1000 .tv domains IMO I have been saying that for 3 years. If people are looking to follow the domainer model like Frank or Rick or some of the top domainers in .com well then in .tv you will fail. My point all along has been is there is opportunity in .tv not following tried and true domainer 101

For anyone to have regged Oil.tv for $1750 and was looking to flip it for a quick profit was a fool IMO. No disrespect but it had been available for 7 years before Demand Media froze Premiums for 6 months. SO regging to flip was foolish and that advice has been provided to readers for 3 years on the forum.

 

[ownthisdomainnow]

A few points:

This may tell us that people are seeing more of a relevance value in .TV domains. What relevance does "oil" have with video? Please don't jump on that statement. I KNOW it is a 3 letter. I know oil is big business. I am just considering the relevace card in the early stages of this TLD.

Also, SEDO is not the best way to make great money on a domain. Personal experience talking. Again, I hear the PM's coming. I KNOW there are regularly big sales on SEDO. But there are also a lot of dud sales on SEDO too. Sometimes the dud sales find a home with good names.

Finally, the biggest downer about the story is that the sale price of "OIL".tv will only buy the seller about 300 gallons of "fuel" in my zip code.

 

[equity78]

You make a great point OWN oil.tv is not that compelling when for $1750 or less there are far better premiums available.

Recognition.tv sold for $2750 same week non premium domain.

 

[*AllThings.tv*]

Lets hope we see some good stuff from a developed oil.tv website in the near future!

 

[heroes]

Just stating the obvious, but $1050 was paid, and in a blink (six months), $1750 needs to be paid for renewal. Total $2,800 to get onto the dance floor.

I have looked at a couple of Premium purchases where the seller is looking at close to renewal price and this is what sticks out.

On another note, although oil is the biggest legally traded commodity by value, oil.tv would be a difficult site to develop and monetise IMO.

 

[antonis12]

tough site to monetize. i looked at the name for quite some time in the past and couldn't figure out who exactly would be an advertiser for "oil".

The only chance to make money is to be some type of commodities investment site.

 

[heroes]

The only chance to make money is to be some type of commodities investment site.

Yep - agree with that Antonis

 

[smashfactory]

woow bad news if oil.tv cant sell for a high price ,not much will.

now hulls- reel it in sweetie, cuz that is so not true-
first, this is a hard name, LLL or not-
second, had this name waited and gone up next year, i feel it would have been different-
patience little grasshopper, patience

 

[XJ]

The only reasonable use for oil.tv that supports the renewal fees is soft porn.

 

[TheWatcher]

I'm bidding on this name but not available during that day. If the winner saw this thread, I'm willing to buy it from him. I don't care about this few losses for this name.

I'm paying $3 for my gas as of today.

Em

 

[hullswingerscom]

i must have patience ,i must have patience .1000x
yep ok ill go along with that .but with this and soccertv.com selling for high price.
there so much happening just now,not sure what road to take.

 

[TheBulldog]

Well hulls, based on what IS selling, the money right now for tv is for xxxxxtv.com, not xxxxx.tv.

That is if you want to make big sales. If you can sit and wait instead, then I would say in a year or two, the money might start flowing into the aftermarket for tvs. More so if they are developed.

My take on this one is the same as XJ.........Oiled up babes on the beach. Possibly on a trampoline.

It always amazes me that the porn industry isn't doing an outright invasion of tv right now. The names are available, and the extension works well.

 

[smashfactory]

hullks- take both roads- your a domainer- get a bit of each- cover your bases- internet tv is like, gonna be the hooey, so cover all your butt babe!


edit- hehe- i called you hullks- left it cuz it was funny