Why domainers are so cheap?

[-EM-]

Hello,
I was really surprised about what happened to me recently. I had a domain which I got an lowball offer on flippa about 9 months ago.. It was a $30 from a domainer. I contacted him back and asked $100 (as a reseller price), but at the end we did not agree.
Yesterday, I was checking my domains expiration and noticed that domain was expired so I quickly renewed it. Within a few hours the same domainer made an offer on flippa again, but this time $20. IMO, it was clear, this domainer was waiting for the domain to expire and get it from the dynadot expired domain marketplace (the domain is registered at dynadot). This time I asked $200 just for fun as I'm sure it will not be sold.
Still, I don't understand, why wait 9 months to get the domain when the asking price was low, why domainers are so cheap?

 

[-EM-]

Letting names expire can be risky but I sometimes play the "last minute" renewal game(25 days after expiry...depending on the registrar) but I have had several times when I get offers/enquiries within a few days of renewing.
It seems they are watching for the drop/release hoping to get the name for reg fee or drop.

.

Nice, I did this unintentionally.

 

[Haykay2005]

Good question

 

[Michael M]

Why are domainers so cheap?

50% ignorance and 50% self preservation (in their best interest).

 

[obocar]

If I'd want a name and I'm ready to invest $30 but the asking price is $100 I'd think about these possibilities :
- Move on
- invest $100, which is not that far from the asking price
- wait till I'm ready to invest
Also, I even asked $60 while negotiation.
That buyer waited for the domain to expire and after a few hours I renewed the domain, made an offer even lower than the first time.

If a domain is $30 worth to a buyer, $100 lets him buy 3 more domains of the same quality. He will increase his chance of selling by a factor of 4. He's a smart buyer.

The main reason the buyer doesn't give you $100 , rather $30 is because of his uncertainty on your domain. That's a normal buyer thinking.

I think along the same line as the buyer does. I don't think I'm cheap.
On the other hand, if the name is good, I'm willing to spend an extra few $k to get the name. And I did that in the past.
.

 

[-EM-]

If a domain is $30 worth to a buyer, $100 lets him buy 3 more domains of the same quality. He will increase his chance of selling by a factor of 4. He's a smart buyer.

The main reason the buyer doesn't give you $100 , rather $30 is because of his uncertainty on your domain. That's a normal buyer thinking.

I think along the same line as the buyer does. I don't think I'm cheap.
On the other hand, if the name is good, I'm willing to spend an extra few $k to get the name. And I did that in the past.
.

I don't think you would wait 9 months for the domain to expire, for a $30 value domain.

 

[urlurl]

$30 vs $100 equates to $70 in savings or an extra 7 years in renewals.

 

[obocar]

I don't think you would wait 9 months for the domain to expire, for a $30 value domain.

The point i was trying to make was that the domain wasn't that desireable for the buyer.

9 months of is nothing if the domain is just one of a hundred of his other domains on his list.

That's what do too. I make a list of domains that i might buy for 30 or 50 bucks that the seller rejects. It stays on my list. Then, i make a note when the domain gets expired and follow when they will go to peding delete and what date it will drop. When the domain gets dropped, i reg them. If not, then it's no big deal. I got many other domains that I can buy.

Some times my initial evaluation of the domain can chage. When I really want the same domain much more than I originally did, then I go back to the owner and pay more for it. Or if that domain is dropping, I'd place back order on different drop catch platforms.

 

[-EM-]

The point i was trying to make was that the domain wasn't that desireable for the buyer.

9 months of is nothing if the domain is just one of a hundred of his other domains on his list.

That's what do too. I make a list of domains that i might buy for 30 or 50 bucks that the seller rejects. It stays on my list. Then, i make a note when the domain gets expired and follow when they will go to peding delete and what date it will drop. When the domain gets dropped, i reg them. If not, then it's no big deal. I got many other domains that I can buy.

Some times my initial evaluation of the domain can chage. When I really want the same domain much more than I originally did, then I go back to the owner and pay more for it. Or if that domain is dropping, I'd place back order on different drop catch platforms.

You waste a lot of time.

 

[obocar]

You waste a lot of time.

Lol i don't see it that way.
A few short message. Then, mark it on calendar. Simple job.

 

[AuctionBio]

Because domainers think their domains are worth $100 when really its worth reg fee.

and they start dreaming for 4 to 5 figs even they know their domain is hardly 3 fig worth like me. ...

 

[obocar]

I think there are many different ways to invest.
Some invest in a single domain they really believe in and will spend money on it whether it's $30 or $300 or they won't spend time at all. For this person, $30 or $100 won't matter because that's the energy and time they invest in and it's the domain they believe in.
For others, they want different names to spend $30 dollars on and they want to increase their chance by buying more names in that price range. For them, $30 for one domain $90 for 3 domains. So, you ask them to spend $100 for a $30 domain, they won't give it to you.

And then, there are those investors who won't was money buying $100 names. It's all about how much money you have and what your investment strategy is.

Some do all kinds of names at all different prices. I remember reading an article, was it on Frank Schilling, who bought like a thousand names on .xyz when the price was like $0.99 or $1.00 each. He also buys names at much higher price.
He does all sorts of names and involves different aspects of the domain business.

That said, I think we should open to different ways of dealings from others.
Why expect the buyer to bend your way, to your price, if he doesn't believe it.