surprised by the valuations

Discussion in '☆ Networking - Meet and Greet' started by Jeff Ellis, .

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  1. Jeff Ellis

    Jeff Ellis New Member

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    Last week, I was curious about my old website. In the late nineties, I was giving lessons to one of my piano students. She had her website and had some difficulty with it. She asked me if I knew HTML, I replied, no. Then I got myself an HTML how-to book and began to teach myself how to build websites. It has been a hobby of mine since. Nowadays, I use Dreamweaver, for the most part. But, when I got my first site up, I created the name someinfo.com. It was cool, I put links to favorite sites that I like to visit. It was purely for my own enjoyment. When I went to renew it at the end of the year, I ran in to a snag. Finally, as I made a third attempt to renew it, it had gone past the expiration date. I was shocked to see it wasn't available! But, I compromised and got someinfo.us instead. No biggie. Well, I went to one site, not this one. Turns out someinfo.com is for sale at $4,999. I was blown away. This is a fascinating development and so I joined this to check out the domain broker business.
     
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  2. Findom

    Findom Established Member

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    Thanks @Jeff Ellis for sharing how did you got hooked
    Enjoy your stay and Good luck! (y)
     
  3. Ategy.com

    Ategy.com Upgraded Member Gold Account VIP

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    Hello @Jeff Ellis .. and Welcome to NamePros! :)

    One HUGE thing you need to keep in mind is that the "asking" price on some domains has absolutely nothing to do with actual value. Already valuations can vary a great deal from person to person .. but also many times people deliberately put super high prices just to be in a good negotiating position (whether that's a good idea or not is a completely different question beyond the scope of a meet and great thread .. lol).

    Long story short .. purely for domain value SomeInfo.com already isn't a strong name (not horrible .. but I'd personally pass on it even at $11 closeout if that tells you anything about the wholesale value). Then keep in mind that the .us is going to be a tiny fraction of the .com value .. as tiny as 1%. Which is about right .. because if someone offered "SomeInfo.us" here in the free giveaway forums of NamePros, I likely wouldn't even bother because I see a virtual zero percent chance of selling it for any price .. so low that it wouldn't be worth the 10 minutes exchanging messages and going through the hassle of transferring / pushing the domain between accounts.

    I suggest you take a look at the appraisals forum to get a better idea of some domains perceived values .. more importantly .. look at recent domain sales.

    Best of luck to you going forward in domaining if that's a path you're going to take! :)
     
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  4. korganian

    korganian Active Member VIP

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    Welcome to Namepros Jeff. I just want to point out that anyone can list their domains for any price they want, regardless of the domains having any real value.
     
  5. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Someone asked 7.5k for a domain and I offered 500 bucks.
    Six months later I was contacted if I still wanted it.

    Bingo 500 bucks later I got the domain

    Listen to @Ategy.com he knows his stuff (y) (y) (y)
     
  6. FolioTeam

    FolioTeam Established Member

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  7. domains21

    domains21 Established Member

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    Hey Jeff, welcome to np. Like has been said, what is being asked for isn't necessarily what it's selling for.
     
  8. DexDN

    DexDN Top Member VIP

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  9. DOMAIN ILLUMINATI

    DOMAIN ILLUMINATI Owner of ▲ the most expensive domain of all time. Gold Account VIP

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    ʬʬʬELCOME @ nP

    Feel free to followww me so you can stay always informed about my activityyy

    All the top,


    DOMAIN
    ILLUMINATI
    Owner of the most expensive domain of all time.
     
  10. WatchDogue

    WatchDogue Active Member VIP

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  11. briguy

    briguy Guru In Remission! VIP ★★★★★★★★★★

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    Hey there @Jeff Ellis ! Things sure have changed since the 90's, (pre Google days) no more hand coding your websites..now you can use a free "blog" template (Blogger/Wordpress/etc) and get a fairly decent site! Not even going to mention SEO....anyway..
    Namepros_Welcome_dolphin_briguy_BrianMc_(Myway2fortune.info).jpg
     
  12. Pedro Santos

    Pedro Santos DNLotto.com PrisonStruggle.com Gold Account

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    Funny, I own SomeClues.com :) and actually bought it from a fellow NP member :)

    Welcome!
     
  13. AIS01

    AIS01 namegolden.com VIP

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  14. Sulabh Sharma

    Sulabh Sharma Active Member VIP

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    Hello and welcome to NamePros!:) Wish you the best for your domaining journey and hope you learn more.
     
  15. internext

    internext DNFS.com VIP ★★★★★★★★★★

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