status-invalid Why NamePros is useless for large sales?

[Argentum]

Why on NP is not to possible find large buyers for great domains? I remember on another site it took few hours to make 30-40k sale but here best you can get $1k offer for you $100k domain and you are lucky..may be there is no any serious domainers? Only school boy dreamers?

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Admin response:

• https://www.namepros.com/posts/6491028/

 

[infosec3]

Although your statement seems a bit harsh, I think I can get the spirit of your complaint (if we should call it that). The obvious reason for this is that domain investors try to pay as little as possible...

But, for a reason that I cannot fully explain, I think there are fewer buyers on NamePros these days, even for $XXX names. There was a time during which if I wanted to get a few hundred for some names I had, all I needed to do was post them here and soon after get a sale or an offer. The same goes for domain name liquidations. Once in a while I liquidate names I have owned for some time and haven't sold, since I prefer not to own more than a few hundred names.

My focus is end-users, of course, so not selling on NamePros does not have a relevant financial impact, but I think you are not far from the truth with your statement.

 

[GoKaizen]

https://www.namepros.com/marketplace/buy-domains?prefix_id=326

 

[infosec3]

https://www.namepros.com/marketplace/buy-domains?prefix_id=326

The link proves @Domain-Reseller right. No sales.

 

[Premiums]

https://www.namepros.com/marketplace/buy-domains?prefix_id=326

no sales or just fake listings vi.com https://www.namepros.com/threads/vi-com-for-sale.1043668/

 

[equity78]

The answer is pretty simple, sellers are generally looking to sell not buy. Sure people here will buy a bargain but for the most part people are looking to sell.

How many 5 and 6 figure purchases has the op made? The other point that needs to be understood is what names were trying to be sold?

 

[Internet.Domains]

If it's not happening for you its not the fault of this community.

 

[xynames]

https://www.namepros.com/threads/is...o-get-a-good-name.1045200/page-3#post-6399026

Besides what I noted above, I saw some other cheapskate offering to buy four letter pronounceable com names for max under a $couple hundred** and another two members trying to buy one word dot com for about nothing. I shudder to think what kind of garbage was offered to these one word buyers.

**I am currently bidding on a non pronounceable four letter com here at NP, and my bid is higher than this guy was offering to buy pronounceable 4L com ones for!

 

[Negoshi]

Why on NP is not to possible find large buyers for great domains? I remember on another site it took few hours to make 30-40k sale but here best you can get $1k offer for you $100k domain and you are lucky..may be there is no any serious domainers? Only school boy dreamers?

That's how I feel about Flippa

 

[platey]

Many people use their socialmedia to promote their domains

For a couple of reasons

Their socialmedia will usually contain some endusers etc

Plus they don't need to stick to np rules outside of np

Eg if promoting a domain name on socialmedia all a person has to do is type domain and price or pretty much anything they like and their post won't get deleted lol

 

[Silentptnr]

Whether buying or selling, it's here on NP. All the big players keep an eye on this forum. Deals are made privately I'm sure. I view it as a good place to pick names at low prices. I don't put much up for sale here.

In terms of 30-40k deals, depends on the domain. Right now, 3L .com domains are mostly below that unless they are a word or pronounceable.

Aged, dictionary domains probably get more of an audience on Sedo, Afternic, etc. I think NP is indirectly responsible for many big deals.

 

[erchaman]

I agree. It seems if you don’t have a gem or a NNNN.com nobody will be interested here. NP’s seems to be more an university to learn that a market domain place. I will stop paying business account only for thoose reasons. I have the feeling that sellers want to sell their garbage here ( not everybody ) and buyers only go with offers ( low ) if it is a NNNN.com or bitcoin.com / crypto.com and then offers you some water for that.
So that’s why I love namepros, just take it as university of knowledge not a marketplace who everbody is waiting for a bargain and kill you. All my few experience is thank to NP and you guys , but no longer to sell your best domains.

 

[imadoer]

Why on NP is not to possible find large buyers for great domains? I remember on another site it took few hours to make 30-40k sale but here best you can get $1k offer for you $100k domain and you are lucky..may be there is no any serious domainers? Only school boy dreamers?

The reseller market right now is a lot slower than it used to be. During the Chinese market there is tons of buyers on namepros that would spend large amounts of money. I hate to say this but one of the reasons you don't see real buyers on here is because of how many bad domain names there are.

 

[alcy]

hmmmmmmm u folks sure abotu this one
cause folk here were paying top dollar for chips not long ago.. so say... 4l.com.. 4l.net
etc

plus I remember @Eric Lyon sayin somewhere at some point that a lot of things happen privately .. pm only.. and complete there and no one knows.

 

[erchaman]

The reseller market right now is a lot slower than it used to be. During the Chinese market there is tons of buyers on namepros that would spend large amounts of money. I hate to say this but one of the reasons you don't see real buyers on here is because of how many bad domain names there are.

I agree. What about use a filter like brandbucket here on NP ‘s. Image to send a request before submitting a domain on auction or BIN here. The forum will be near empty

 

[xynames]

I bought a LLLN.com (the LLL was a real word) for $200. and a two word com I needed for a project for $250. from a new domainer here. Couple months after the sale, I joked with him that I should get a prize because nothing he has sold since has sold for anywhere near what I paid him. No, you can't reg fee just anything and always sell it for $200.

 

[platey]

Mind you when reg fee seems too expensive for a two keyword dot com it does give you an idea of some buyers mindset

A two keyword dot com allegedly isn't worth paying $10 for but as soon as it's bought it suddenly becomes worth $3k in minutes lol

 

[wwwweb]

The issue is the fine line, in that exclusive section there are some decent names, the sellers need to understand they have to come down a tier if they are going to attract buys on a reseller forum.

There are several threads here with beyond end user pricing, for fast cash, no commissions the sellers need to give in also.

A different site used to be an avenue over namejet first, and you had willing sellers, and willing buyers who had the bankroll, and were not going to play games. If someone comes here, and lists a decent 4L.com brandable word play, it is make offer, you ask them, they quote $100K, and that is the end of it.

Parking was better also, and allowed for better offers, as some people have mentioned there is a lot of inventory, and the market is backlogged with Tier 2 merchandise. I don't blame the sellers for wanting top dollar for their domains, they probably acquired them for a hefty price, but this is not the venue, the buyer can't take your risk on 1 for 1, there has to be an advantage to their buy.

Domain-Reseller if you can list domains, and at what price you wanted, maybe we can figure out what is going on here.

 

[Silentptnr]

Funny thing is, there is a lot of junk, but you also have some people basically giving away gems worth much more.

 

[wwwweb]

Funny thing is, there is a lot of junk, but you also have some people basically giving away gems worth much more.

It happens everyday in every industry, you have old ladies trading in 3 year old bmw's with no mileage, maintained to the T, the dealer gives them peanuts compared to the open market. Payday loan places people pay huge % for fast cash, pawn shops etc... Cash in hand is what makes the world work, the domains in your godaddy account won't pay your electric bill.

 

[tech4]

I am seeing a lot of people selling LLLL.com for loses, they are migrating to Bitcoin or other investments. This forum is not for end user, its for domainers to exchange domains.

Domaining is a hobby, only a few people seriously make a living out of it. I tried, its not for me, its a hobby.

My opinion: Market is down due to the USA economy down overall.

 

[wwwweb]

I am seeing a lot of people selling LLLL.com for loses, they are migrating to Bitcoin or other investments. This forum is not for end user, its for domainers to exchange domains.

Domaining is a hobby, only a few people seriously make a living out of it. I tried, its not for me, its a hobby.

My opinion: Market is down due to the USA economy down overall.

USA economy down, stock market is up, real estate is up, unemployment is down?

 

[tech4]

Stock Market is not a prediction of economy, as Mark Cuban pointed out, stock is not intrinsic, its based on market "fear, hype, and just an index benchmark that is rated up and down by firms who participate in them". He compares stock market to "Bitcoin" so if Bitcoin is up down that mean economy is up?

Real Estate, now if prices are up does that mean economy is up? Look worldwide, the value of things being bought does not go down.

Unemployment, is a measure of subjective too. Economic growth is measure by relative things like businesses, people, and ability to spend, the average, overall figure measures nothing. I think Unemployment is subjective in that it does not measure the economy.

 

[wwwweb]

Stock Market is not a prediction of economy, as Mark Cuban pointed out, stock is not intrinsic, its based on market "fear, hype, and just an index benchmark that is rated up and down by firms who participate in them". He compares stock market to "Bitcoin" so if Bitcoin is up down that mean economy is up?

Real Estate, now if prices are up does that mean economy is up? Look worldwide, the value of things being bought does not go down.

Unemployment, is a measure of subjective too. Economic growth is measure by relative things like businesses, people, and ability to spend, the average, overall figure measures nothing. I think Unemployment is subjective in that it does not measure the economy.

So what is down? Everyone I know had a great 2017, so what exactly is down? People made more money in their portfolios, jobs are secure, they have more equity in their homes ? Mark Cuban is a reality star, who lucked out with his sale of broadcast.com, which was wound up shortly thereafter, What specifically is down?

 

[xynames]

Real Estate is up because there remains lower inventory than usual. More buyers than sellers. Stock market simply up because people want to buy something with their extra cash, same way they are starting to want to buy cryptocurrency. But, there has to be extra cash in order to sustain any of these, so the economy couldn't be all that bad.