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Spending $13K on a domain

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BeachLife

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What are your thoughts on someone spending $13K on a five-letter domain but not developing it even after seven months?
 
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No simple answer here. It depends on the domain name and plan of the owner.
 
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Happens everyday, no big deal.
 
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Impossible to tell anything without knowing the name
 
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Why do you care?
 
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I sold a domain to a business for $12,400 over 6 years ago and it is still not developed yet. I'm sure someone somewhere has paid 6 figures plus for a name and never did anything with it... and has no intention of ever selling it either.
 
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for some companies $12k is not money, $12k for them could be like $12 for you.
 
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yeah... why DO YOU care?
 
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13k and 7 months?.....First, 13k is not too much when you look at the completed sales charts. Second, 7 months is a millisecond in the domain aftermarket business.
 
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Thanks, everyone. I was just curious.
 
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Thanks, everyone. I was just curious.
Were you going to offer them a lessor amount, thinking they didn't need it? Or was it your sale?
 
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Itโ€™s impossible to answer this question without knowing more about the name.

But no, you donโ€™t have to develop ANY domains that are aimed to sell. A simple landing page will do fine. If the name is good, it will get the attention.
 
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Samething as:

"I know a person who was married for several months but did not have sex"

I don't really care. It's none of my business.
 
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buyer were domainer (domain investor)
 
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Were you going to offer them a lessor amount, thinking they didn't need it? Or was it your sale?

@wwwweb yeah, it was my sale via Afternic last summer. Apparently, the buyer was from China (new registrar~Aliyun).
 
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What are your thoughts on someone spending $13K on a five-letter domain but not developing it even after seven months?

Probably they will lose a lot of money.
 
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I don't think you should feel anything. Some names are held because of their liquidation value and never developed. Other names are implemented and integrated into a business immediately. It's just part of the game.
 
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@wwwweb yeah, it was my sale via Afternic last summer. Apparently, the buyer was from China (new registrar~Aliyun).

I had that happen as well, but I knew ahead the sale was a chinese spectulator. You canโ€™t blame them. Its a Great way for those who are well heeled to move money out of china too.
 
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guilty!!
 
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I think most domain sails end up undeveloped. It's why undeveloped is branded so ๐Ÿ˜‹

Most of my sails are still .. undev... some still point to bodis or undev.
 
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