opinion Should I be worried?

[Gazed416]

Hello, everyone.

I am very new to the domain world. I basically figured out about appraisal on Estibot a few days ago, and I came across a name that was for sale less than its appraised value. Of course, I bought the name because I was thinking about the possible profit that I might end up making.

However, I'm starting to realize that this business of flipping domains does not happen over night, and honestly I'm worried because my plan was not to hold onto a domain (plus its website).

I'm basically paying the appraisal site, a hosting site, and the registar site, just for one domain and website to take fees while I don't know if I'll ever get it to sell?

From the outside, everything related to the internet looks big, but maybe too big. Many too much competition because where do I go from here? Try selling the domain on my own, or hire a broker, or if everything else fails do I just accept that I have bought a loss?

I've only had the domain for close to three days now but the unknown is killing me as to how I should proceed and if domain flipping is something that I should keep on doing after I manage to sell my current domain.

 

[domainwest]

you dont have to pay for any appraisal..

 

[IMEZI]

Hello, everyone.

I am very new to the domain world. I basically figured out about appraisal on Estibot a few days ago, and I came across a name that was for sale less than its appraised value. Of course, I bought the name because I was thinking about the possible profit that I might end up making.

However, I'm starting to realize that this business of flipping domains does not happen over night, and honestly I'm worried because my plan was not to hold onto a domain (plus its website).

I'm basically paying the appraisal site, a hosting site, and the registar site, just for one domain and website to take fees while I don't know if I'll ever get it to sell?

From the outside, everything related to the internet looks big, but maybe too big. Many too much competition because where do I go from here? Try selling the domain on my own, or hire a broker, or if everything else fails do I just accept that I have bought a loss?

I've only had the domain for close to three days now but the unknown is killing me as to how I should proceed and if domain flipping is something that I should keep on doing after I manage to sell my current domain.

not to mention namepros gold upgrade.... sure you were completely lost in the domaining jungle...

 

[golan]

paying the appraisal site

Why?

a hosting site

Why on Earth?? Do you want to sell domain or website? What do you need the hosting for?

Also, disliking people answering your questions, who would wish to help you again?

 

[Gazed416]

Why?


Why on Earth?? Do you want to sell domain or website? What do you need the hosting for?

Also, disliking people answering your questions, who would wish to help you again?

I dislike one person's reply, not "people", because their comment was sarcastic. And when I wrote this post I should I should've mentioned that the domain came with the website, hence the hosting plan that I needed to get

 

[Gazed416]

you dont have to pay for any appraisal..

Thanks. I cancelled my estibot plan because the monthly fees are too much, but because I want to flip, I thought it would be best for me to use estibot, but I've since realized that I can do it for free on other sites.

 

[domainwest]

Thanks. I cancelled my estibot plan because the monthly fees are too much, but because I want to flip, I thought it would be best for me to use estibot, but I've since realized that I can do it for free on other sites.

Are you looking to flip domains or flip websites or both?

 

[golan]

their comment was sarcastic

Not at all. He just meant, that you probably should have learnt at least something about the market before entering the market.

It's like i heard that let's say cardan bearings to Volvo freighters are selling for high. Then i go to pay for some freaking database and see the prices and come to conclusion there is a delta between prices. So i go and buy a damn cardan bearing and just stock it at home, or come to a city market and put it on a table there. People are walking by and be like wtf this dude is freaky. Then i like okay, i go find in internet some profile freighter drivers forum, and ask there - guys, i have this cardan bearing, why nobody buying? And they be like - wtf dude!

the domain came with the website, hence the hosting plan that I needed to get

OMG. So either you are clueless, of you have been framed. Or both.

You might PM me the name so i could look at what you are talking about.

 

[Gazed416]

Are you looking to flip domains or flip websites or both?

Only domains for now. How long after purchasing a domain do you have to wait before selling?

 

[NYJimbo]

Only domains for now. How long after purchasing a domain do you have to wait before selling?

You can put up for sale right away, but it might take months or years to sell. Sometimes they never sell.

 

[Gazed416]

Thanks, are you aware of Alexa Traffic Rank?

 

[NYJimbo]

Thanks, are you aware of Alexa Traffic Rank?

Yes, yes I am....

 

[IMEZI]

I dislike one person's reply, not "people", because their comment was sarcastic.

Making money online were "looks" like as easy as blinking your eyes, but the fact and the reality were CRUEL and MERCILESS

You were join on namepros "yesterday" and you were already bought namepros gold membership it would cost you 10$ per month or 99$ per year. Did you carefully read account upgrades feature https://www.namepros.com/account/upgrades? Account upgrade will be usefull if you have at least 50 domains or more, so you could put your domain for sale within namepros. Since you were only have 1 domain why do you have to upgrade? Further logic, you could use 10$ for buying your second .com and try to sell it.

You dont do your homework... you dont do enough research, you dont learn enough... Spare more time to read almost everything on namepros, learn the basic of domaining, learn the acronym, learn the trend, learn the pricing and so on....

Looks like i'm gonna get another dislike LOL

you said you were only have 1 domain but looking from your post you were already own several domains :
highway.mx https://www.namepros.com/threads/thoughts-on-highway-mx.1110322/
afganistanmap.com https://www.namepros.com/threads/geographic-domains-afghanistanmap-com.1110147/
warinthemiddleeast.com https://www.namepros.com/threads/a-17-year-old-domain-warinthemiddleeast-com.1110089/
phib.net https://www.namepros.com/threads/phib-net.1110293/

 

[Gazed416]

Making money online were "looks" like as easy as blinking your eyes, but the fact and the reality were CRUEL and MERCILESS

You were join on namepros "yesterday" and you were already bought namepros gold membership it would cost you 10$ per month or 99$ per year. Did you carefully read account upgrades feature https://www.namepros.com/account/upgrades? Account upgrade will be usefull if you have at least 50 domains or more, so you could put your domain for sale within namepros. Since you were only have 1 domain why do you have to upgrade? Further logic, you could use 10$ for buying your second .com and try to sell it.

You dont do your homework... you dont do enough research, you dont learn enough... Spare more time to read almost everything on namepros, learn the basic of domaining, learn the acronym, learn the trend, learn the pricing and so on....

Looks like i'm gonna get another dislike LOL

you said you were only have 1 domain but looking from your post you were already own several domains :
highway.mx https://www.namepros.com/threads/thoughts-on-highway-mx.1110322/
afganistanmap.com https://www.namepros.com/threads/geographic-domains-afghanistanmap-com.1110147/
warinthemiddleeast.com https://www.namepros.com/threads/a-17-year-old-domain-warinthemiddleeast-com.1110089/
phib.net https://www.namepros.com/threads/phib-net.1110293/

You're really wasting my time, but those other domains that you posted by links are on sale but not mine, because a friend and I have a comission agreement. Also, phib.net is mine as I bought it AFTER my very first domain. Thanks and bye

 

[alcy]

1...forget any all appraisal tool/sites

2...read and learn..buy later...domaining takes years to master...not days

gl

 

[Gazed416]

1...forget any all appraisal tool/sites

2...read and learn..buy later...domaining takes years to master...not days

gl

Thank you, I want to learn as much as I can.

 

[creataweb]

Stop spending any more money and read the forum for a few months. The money you spent is lost so don't spend more throwing good $ after bad $ won't help.

 

[Chris Wright]

I dislike one person's reply, not "people", because their comment was sarcastic...

Not sarcastic, just raw truth.
Maybe it could be said more sweetly, but it is straight truth.

 

[Erebus]

Goal is to know, goal is to sell.

Don't be disappointed by the answers.

All the best!

 

[sdomain]

YES man Don't try to spend more money other than buying a new good domain.
Now your main goal should be covering your expenses.
after that you can think about making profit.

go to namebio.com and see what kind of domains have the potential. try to learn.
try to stick to .com domains for now, at least they have some value
good luck..!
I hope this will help...