question Question about selling domains

[turbo funk]

on average, how long does it usually take to sell domains? i know that this can require some patience, which is fine and something im prepared for. honestly, im just curious. and it'd be good to have an idea of how long is too long and adjusting prices and such

 

[myfavorite]

I just wish people would stop talking about this 'Industry average' as if it were relevant to those that don't have a clue about what they are getting in to

Such info in the hand of newbies will seem like a guarantee of sales.

 

[myfavorite]

After fifteen-plus years, I got 90,000 kisses (if you know what I mean).

As long as it's not the kiss from Judas

 

[frank-germany]

I wouldn't be surprised to hear that that 98% of domains held purely for the intention of reselling never sell and I mean NEVER Well o.k lets make that 99%. It's alright hearing about this 1% to 2% as an industry average, but most of those 1-2% (of the entire domains held) come from experienced re-sellers with good inventories.

I just wish people would stop talking about this 'Industry average' as if it were relevant to those that don't have a clue about what they are getting in to

how do you measure this "industry average"

who can do so?

where is it published?

I don't report 99% of my sales
at least in the last 20 years

so how come somebody knows how many domains I have?
and what sold?

 

[Jimmysun]

My grandpa collected many postage stamps since the 1980s, then he passed away(sad), and then now still in the book cabinet...

 

[myfavorite]

As in all things, it's usually the one gem amongst the others that sells the entire portfolio.

Yeah. When you have quality domains with patience, one sale can make it a sweet experience that counts.

 

[rathead]

'bout tree... mebbe tree fiddy.

 

[richasis]

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Many have replied already but I would like to stress that unless you have something really premium, like a common dictionary single word ..com, a domain name may not sell for many years and indeed the majority of domain names held by domain investors will never sell .

One can compute an average using how many domains are for sale and how many sell each year (while applying a correction for how many are not listed on NameBio). You can twist the numbers a bit but most suggest something of order of 1/100 chance of any particular domain name selling in one year, or looked at another way something of order 100 years to sell (but really it is not like that, many will never sell, some much faster, so it averages that). It is no wonder that people like TheDomainKing talk about domaining as being inter-generational and you will pass on your domains to the next generation!

You can increase probability of sale by choosing domain names with many likely end users, promoting them effectively, pricing them correctly, etc. It is still a long term game if you plan to sell domain names for much more than you bought them for (and you need to to make up for those that would never sell).

Domain investing is not easy, fast or assured, and for those that quickly need returns it is not the thing to be in.

Bob

Amen, Bob. I believe gut-instinct plays a big part in this, as well - and I say this as one of the lucky ones.

 

[richasis]

The hardest part is not pricing yourself out of the market. You want to retain margins but still want to make a close. With right exposure a lot more might sell but it is more around highlighting the domain on sale and not the portfolio.

I agree... there's a fine line between pleasure and pain.

 

[Soofi]

on average, how long does it usually take to sell domains? i know that this can require some patience, which is fine and something im prepared for. honestly, im just curious. and it'd be good to have an idea of how long is too long and adjusting prices and such

How long do you think you can go, holding a domain name?

 

[manpreet]

on average, how long does it usually take to sell domains? i know that this can require some patience, which is fine and something im prepared for. honestly, im just curious. and it'd be good to have an idea of how long is too long and adjusting prices and such

Totally depends on your domain name and its prospective end users.

Its a simple Demand and Supply game.

A golden tip - if you are buying to resell, you must first confirm if their can be any takers for that name in the market.

 

[turbo funk]

Totally depends on your domain name and its prospective end users.

Its a simple Demand and Supply game.

A golden tip - if you are buying to resell, you must first confirm if their can be any takers for that name in the market.

do you mean using tools like namebio and those sorts of keyword domain searches?

 

[manpreet]

do you mean using tools like namebio and those sorts of keyword domain searches?

Yes, Namebio is one of them, that can tell about related sales in the past.

 

[PhongSGC]

I'm first in this, so I'm still pumping my sell topics since Nov 29, 2018, but with 3 low offers only

 

[Jimmysun]

The answer is the same as people asking why the domain names are so expensive!

 

[4better]

Talking about how quickly to sell a domain name, it's all about the quality and the price imo.