NameSilo

Why do some sellers seriously underprice domains?

Located in General Domain Discussion, started by peace800, Feb 24, 2016

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  1. peace800

    peace800 Established Member

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    I've seen some sellers on platforms put a ridiculously low price on some very good domains. I'm talking domains that any major company would pay an arm and a leg for (I'm not talking made up name domains I'm talking serious domains)?

    The sellers are normally from Scandinavian or some Asian countries.
     
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  2. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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  3. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    Examples of names that major companies would pay big money for ? haha Kate you got there first by a second.
     
  4. nvdomains

    nvdomains Established Member

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    When ever you find such names, please PM me. Thank you.
     
  5. Domainzy

    Domainzy Retired VIP

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    People underprice domains for 2 reasons: They need money, or they value the domain less than you.

    However, Without any examples or links, talk is cheap.
     
  6. garptrader

    garptrader Top Contributor VIP ★★★★★★★★★★

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    Perhaps because there are far more domain investors who buy domains (relatively cheap) than there are real companies who are willing to pay the premium prices that get most of the press.
     
  7. Megist

    Megist Account Suspended (Warnings)

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    It is normal. Sometimes seller may need urgent money or maybe he/she change her domain invest project. etc.

    I also sell 11 6N domains for just 350 $. is that floor price ? of course no. But i changed my mind for 6n investing.
     
  8. mhdoc

    mhdoc Top Contributor VIP ★★★★★★★★★★

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    A fast nickle beats a slow dime?
     
  9. DnEbook

    DnEbook DataGlasses.Com VIP ★★★★★★★★★★

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    Yep .........cashfow
     
  10. bytedo

    bytedo Established Member

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    @nomen might give us an insight to this phenomenon lol. Why Scandinavian domainers give away gem domains for reg fee.
     
  11. nomen

    nomen Top Contributor VIP

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    We're crazy and live in igloos.
     
  12. offersity

    offersity Established Member

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    because domainers are either traders or investors/gamblers at heart
     
  13. Recons.Com

    Recons.Com Top Contributor VIP

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    Very low liquidity
     
  14. Debt.tv

    Debt.tv Top Contributor VIP ★★★★★★★★★★

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    Are they just priced low to get bids or are they selling for that price?
     
  15. Eckhart

    Eckhart Book it now VIP

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    Go buy them all if they're so good.
     
  16. Deaol

    Deaol . .. deaol.com .. . VIP ★★★★★★★★★★

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    old tactic, take good names list them at low prices gauge interest, take off market relist some time down the road or target an end user.
     
  17. DNScholar

    DNScholar DNScholar.com

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    Low Price in auctions to gain interest of bidders.
    But if Low price in Fixed Price than maybe for liquidity and quick sale.
     
  18. TERADOMAIN

    TERADOMAIN QualityNames.com VIP ★★★★★★★★★★

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    Hi,

    Everyone has their own reason. Everyone has different situation.

    Sometime ago someone sold Pirateship.com for $2000 because he needed $2000 for something. Same name sold by buyer for $25000 within few weeks. I think name of that friend is Richard Levi (May be)

    Thanks
     
  19. JudgeMind

    JudgeMind BrandAim.com PRO VIP Trusted Contest Holder

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    Desperate for money, are not aware of actual value of domain or are looking to flip the name quickly.
     
  20. JudgeMind

    JudgeMind BrandAim.com PRO VIP Trusted Contest Holder

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    Care to share some examples?
     
  21. wcpthree

    wcpthree Established Member

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    Possibly they have a more prosperous project that needs funding.
     
  22. DnEbook

    DnEbook DataGlasses.Com VIP ★★★★★★★★★★

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    Strange to name a specific country
     
  23. wcpthree

    wcpthree Established Member

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    I thought I was reading too much into it so didn't mention that. I'm glad someone else brought it up. Hopefully it's nothing. But u can't be too cautious.
     
  24. Manik

    Manik Top Contributor VIP

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    tbh, in asian countries, $300 - $500 is a lot. You can run a house for a month with that much money (rent excluded).
     
  25. tomcarl

    tomcarl Top Contributor VIP ★★★★★★★★★★

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    I've learned that pricing a domain with a BIN of $500 will make it sell no sooner than having it priced at $1500. If a person wants your name, they will come and get it and offer what it is worth to them when they are ready.

    I had a domain listed for $500 BIN on several marketplaces because I was tired of renewing it. Something made me remove the BIN and set it to best-offer everywhere. A couple of weeks later I receive an offer of $1K which ultimately ended at a $2K sale after I countered. Had I had that $500 BIN set it would've been sold for that amount I'd probably think my fair pricing accounted for the sale which wasn't the case.
     

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