domain Rec (,) net

[Burberry]

I just snagged this for $1,XXX.

Any thoughts on value?

 

[Beezy]

LOL Stop Panicking. Why are you trying to flip it already.

Everyone that is trashing this name is a shark that is circling because they see you are wounded and they want to rip you off.

 

[Burberry]

I am a new investor. My day job as a lawyer has not afforded me much intelligence in this field. Domains, for me, are a hobby. If anyone is open to mentoring me then I am more than open to hearing advice.

 

[Burberry]

From what I gather, I am unsure what a LLL .net is even worth.

 

[Dragongs]

Looks like you bought it for a solid price. I would hold it for now

 

[Beezy]

From what I gather, I am unsure what a LLL .net is even worth.

Pretty unwise to list it for sale then, eh?

Take some time and gather some info.

I think you can get $2500-$4000 for it in the next year or two, and if you have some patience you can get much better like some on here have suggested.

Do me a favor and don't swim with these sharks.

Hold.

 

[Omar Negron]

Nice name!

 

[johname]

I plan on developing the domain and seeing where is goes. I am thinking different recreational information and programs.

Get off the recreation and hop on to the most likely use, recording music, sound, video . Nice name Goodluck

 

[doubleU]

Record is most obvious use to me and more so to do with the recording of sound or video but i guess recreation might work too, the .com manufactures fishing rod components .... nice name anyway

 

[Burberry]

My first step is to park it at Sedo and see if there is any organic traffic being filtered to it. I will re-evaluate my position after 30-60 days of due diligence on the traffic report.

 

[domaincandy]

I have a hard time seeing how this name will add significant value to a business. Maybe you can eventually get lucky and sell it for a little more than you bought it for, but there is not a business on this earth that NEEDS this name. It just doesn't add a lot of value. If someone bought it and started a business on it, the bigger the business got, the more that person would need/want the dotcom, and the dotcom is owned by a 40 year old business.

The .net extension is really one of the worst extensions there is. Years ago people tried to peg its value as 10 percent of dotcom. That was just silly people pulling numbers out of thin air. There is a guy who has run around the forums for years trying to hustle ignorant newbies with his .net names. Funny that he never tries to sell these names to seasoned domainers. It is a lousy extension to spend real money on. It is a second class citizen, just like an AA degree. There is tremendous bleed to the dotcom name, and if that dotcom name is in a similar business, then you are basically working for free for the dotcom owner.

The best advice is not dot dabble in .nets. You can search the world over and find a few examples of success stories on the extension, but you would prove nothing. The name really doesn't jump out at you, and it just isn't a powerful name. The dotcom is rather week for a pronounceable three letter, as well. Fails the radio test....is it wreck, reck, or rec?

This name will cost you a lot of time and energy. Here you are asking questions about a very mediocre name that cannot bring any added value to a business. The value the business has will be based on everything BUT the name. The odds that you can get really really lucky with a big sale are also slim. At least with a three letter dotcom you can envision someone paying through the nose for it, because some of those names can offer tremendous added value to the business that .nets cannot.

 

[doubleU]

rec.site has annual renewal fee of $3,125.00 at name.com

 

[Burberry]

Well guys,

I just received a $3000 offer on this domain name this morning. Do I pull the trigger or hold?

 

[Beezy]

Well guys,

I just received a $3000 offer on this domain name this morning. Do I pull the trigger or hold?

Nice! Told you!

Do you need the money? Are you happy with that profit and a quick flip?

I think I would've thrown a BIN on sedo of at least $4800 (a price that several LLL.net's have gone for on there) and just sat back and waited.

If you find an end user though, $6000+ sounds nice.

It's up to you! How long are you willing to wait and how much money do you want out of this.

(you're about to get a bunch of take the money and run messages. they aren't wrong. it's up to you).

 

[RapidNames.com]

I agree with Beezy..

if you need money then BIN @ $4500+ or hold 1 or 2 years.

i liked it verymuch...

 

[yogiDomain]

Great name ... 5k is good deal if you want money...
Else wait if u need more

 

[Burberry]

Update:

Went back and forth. Final offer from the potential buyer is $3300. I am holding for now as the more I read, the more valuable I find this domain to be worth.

I will be listing on Sedo this week. In the interim I will continue to build my portfolio.

 

[wwwulff]

Well guys,

I just received a $3000 offer on this domain name this morning. Do I pull the trigger or hold?

Where did the offer come from? Was it from the forum?

 

[Burberry]

The offer was not from this website, no.

 

[Burberry]

Placed the name on Sedo for $8,000.

It's been up for 1 hour and I have already received 12 uniques and 2 clicks.

 

[jdab]

Placed the name on Sedo for $8,000.

It's been up for 1 hour and I have already received 12 uniques and 2 clicks.

Good luck!