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/

 

[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.

 

[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.

 

[Internet.Domains]

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

 

[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?

 

[Silentptnr]

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

 

[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.

 

[infosec3]

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

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

 

[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

 

[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.

 

[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.

 

[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?

 

[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.

 

[xynames]

Everyone I know had a great 2017

Doing well financially has to do with a lot of factors, brains and luck being two. If you can't use the noggin' might as well just throw it out.

Perseverance.

And once the money starts flowing in, being able to invest versus just blow it is key too.

 

[wwwweb]

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.

I couldn't agree more, I got a 25% return with Home Depot in a single year, pretty good for a big box store.

If you are talking about a divide between classes, I will agree with you there, it takes money to make money, unless you invested in cryptocurrency early on, got some new FORBES top 1000.

 

[BaileyUK]

I agree with pretty much all xynames posts, Who the hell would even imagine selling a decent domain on Namepros.?? Please don't get me wrong, I've fired-out quite a lot of domains over the last 18 years, when I desperately needed the money. Even have a few from the past still asking me 'what's on offer ??. Thankfully those days won't return.

it is only rubbish that's offered in all domain sales forums these-days. Yep, One or two decents at anything from 100k upwards, Why they bother here or any board is beyond me.

I have to add, there are very few people these days that understand that old-advertising-values still count (It isn't fanciful wording) It's connectivity.

PS And No Balloney. (Richard Morris) You can't insert your 'dot' at will

 

[xynames]

I think part of what makes NamePros good is that the moderators...are moderate.

They are not here to antagonize or bother anyone, just to keep order.

At some forums there are oddball moderators who are off balance, the type who have something to prove, and this type of excess in the end disrupts the flow of new membership.

 

[Eric Lyon]

This topic comes up every now and then. To summarize my previous responses:

1. I've been added to many DM's over the years on NamePros where deals have completed for $XX,XXX and $XXX,XXX. I've also been told about a $X,XXX,XXX offer (not sale) made by a NamePros member to another NamePros member.
2. If your domains aren't getting $30-40k offers, then your domains aren't worth that at reseller pricing, because those offers are easy to get here with the right domains.
3. No one wants to pay more for a domain than they have to, so if you can buy a $40k domain for $4, then everyone would be happy to do that. If you can't respond professionally and respectfully to a low ball offer, then you might have lost a serious counter offer because of it.
4. Reseller market (everywhere) is slower right now than when there was hype in the past (parking, Chinese domains, etc.)

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.

Ya, we have compiled a list of all of the big players on NamePros and there are only a handful of the biggest names in the business that we couldn't find accounts for (Although they may have an account and we just haven't found it). But everyone else you've heard of making serious money in domaining has an account on NamePros and a large percentage of them are actively visiting the boards. Not all of them check the marketplace, but if they're on the site, then there's a chance they'll see the sales listings on the sidebar.

Hope that helps,

 

[GoKaizen]

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

 

[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!

 

[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

 

[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?