NameSilo

Strategy for selling our 3 letter TLD?

Labeled as advice in "Short" Domain Discussion started by Jymzee, Mar 11, 2018.

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  1. Jymzee

    Jymzee Established Member

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    After a couple of years of holding onto our 3 letter .com domain during which time several strategies to develop the domain did not pan out-- we've decided to sell it and move on to other projects.

    Being a complete novices at selling domains we obviously need to do a lot of research (good info here!) so I thought it would make sense to see what comparable (if there is any such thing) 3 letter dot com names are selling for. Uh-- hundreds of thousand of dollars?? Of course you can put up any asking price you want, but c'mon-- do sellers actually think those prices are realistic, or is the thinking just "what the heck worth a shot"?

    Beyond that, one of the main questions I have at this point is whether you can list a domain on a number of sites such as GoDaddy, Sedo, etc. or do these sites require some kind of exclusivity?

    Again we'll be researching what's involved but thought perhaps some input here might get us started in the right direction.
     
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  2. stub

    stub Top Member VIP ★★★★★★★★★★

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    I stole this from another post. You should check for comparable sales on NameBio and DNJournal. We cannot help you with the value without knowing the domain name.

    Yes you can sell your domain on any number of platforms provided it's a Make Offer listing. Because list it on a number of platforms as Buy Now, could be a problem if you get 2 Buy Now offers from different people on the same day.
     
  3. hxp

    hxp SuperDuperUltraRarePremiumHolographic Member VIP

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    If it's a sensible 3L .com, hundreds of thousands or even millions of dollars is certainly not unrealistic. Otherwise, low-mid $xx,xxx is the bare minimum for a 3L.com. It's entirely dependant on what the 3 letters actually are.

    You can see recent sales here: https://namebio.com/?s==EjMwMjM1YTM

    Yes, you can list the domain on multiple marketplaces but, make sure to list it as "Make Offer". If you list the domain as "Buy Now" and 2 buyers decide to purchase the domain at the same time, you'll be in a very uncomfortable predicament.

    I would suggest researching and reaching out to the best potential buyer of your 3L .com. This way you can ensure a better sales price for the domain.

    Whatever you do, make sure you use a trusted escrow service to handle the sale.

    Good Luck! (y)
     
  4. 1Darko

    1Darko Active Member VIP

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    Reported sales of 3L coms in 2018 - source Namebio.com:

    kul.com 43,143 USD 2018-03-09 Sedo
    osl.com 72,000 USD 2018-03-04 Starfire Holdings
    bey.com 31,000 USD 2018-02-28 NameJet
    wsb.com 40,000 USD 2018-02-22 Sedo
    kug.com 60,000 USD 2018-02-19 Flippa
    zwz.com 32,200 USD 2018-02-18 NameJet
    ocx.com 50,000 USD 2018-02-12 Sedo
    cpx.com 44,700 USD 2018-02-08 NameJet
    dax.com 500,000 USD 2018-02-05 Sedo
    iyb.com 22,000 USD 2018-02-04 BQDN
    hpx.com 130,000 USD 2018-01-30 Sedo
    boj.com 35,000 USD 2018-01-30 NamesCon
    bjn.com 29,000 USD 2018-01-30 NamesCon
    mvc.com 28,000 USD 2018-01-30 NamesCon
    imk.com 23,000 USD 2018-01-30 NamesCon
    yon.com 31,000 USD 2018-01-28 NameJet
    can.com 155,000 USD 2018-01-22 Sedo
    dxb.com 220,000 USD 2018-01-17 Sharjil Saleem / Ali Rajpoot
    zsv.com 11,100 USD 2018-01-15 NameJet
     
  5. Jymzee

    Jymzee Established Member

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    "Sensible obviously being in the eye of the beholder. :xf.smile:

    It would appear that escrow.com qualifies as "trusted"?

    The domain is b y z .com. We've had it since 1996 (!) and for most of that time it's just been used for various proprietary, in-house projects.
     
  6. Compassion

    Compassion Let's do business together. PRO Gold Account VIP ★★★★★★★★★★

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    Great name!

    You may want to edit the above post and write out dot com or use // or \\\ between letters so this thread doesn't jump up the google rexamination your exact domain...
     
  7. tupungato

    tupungato timium.com VIP

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    I'd say if you make an auction in Flippa/Sedo/Godaddy you might get $10-$15k. Letters Y and Z are usually not considered very good ones in names. On the other hand, it is kind of pronouncable as "buys", that's good. Anyways, if you list it somewhere with "make offer", I'd say $15-$40k is possible in 0-3 years.
     
  8. Jymzee

    Jymzee Established Member

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    Hmmmm.. I don't see that as an option. Perhaps too much time has gone by since posting. (?)
     
  9. mdent

    mdent Upgraded Member Gold Account VIP

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    Nice domain! 20k-50k is realistic for a short-mid term sale.
     
  10. stub

    stub Top Member VIP ★★★★★★★★★★

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    you only get 30 mins to edit a post. But if you send a PM to NP Staff they can alter it for you or give your permission to edit your post.
     
  11. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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