Spending $13K on a domain

[BeachLife]

What are your thoughts on someone spending $13K on a five-letter domain but not developing it even after seven months?

 

[Josytal]

No simple answer here. It depends on the domain name and plan of the owner.

 

[wwwweb]

Happens everyday, no big deal.

 

[maxtra]

Impossible to tell anything without knowing the name

 

[johnn]

Why do you care?

 

[Intersect Marketing]

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.

 

[Ostrados]

for some companies $12k is not money, $12k for them could be like $12 for you.

 

[alcy]

yeah... why DO YOU care?

 

[Internet.Domains]

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.

 

[BeachLife]

Thanks, everyone. I was just curious.

 

[wwwweb]

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?

 

[Fancy.domains]

It’s impossible to answer this question without knowing more about the name.

But no, you don’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.

 

[johnn]

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.

 

[IMEZI]

buyer were domainer (domain investor)

 

[BeachLife]

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).

 

[johnnie018]

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.

 

[slader23]

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.

 

[offthehandle]

@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 can’t blame them. Its a Great way for those who are well heeled to move money out of china too.

 

[LarryDomain]

guilty!!

 

[Jv1999]

I think most domain sails end up undeveloped. It's why undeveloped is branded so

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