NamesCon2020

Why People sell at low cost or in loss?

Labeled as question in Domain Buying and Selling Discussion started by Praveen E, Nov 28, 2019.

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  1. Praveen E

    Praveen E Established Member

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    Hi,

    I am new and looking for to buy a domain and I have been search for some posts.

    People sell .com domains at $5 - $8.

    My question is when a new .com domain registration is around $10 then how they will sell at $8. It will give a loss right?

    Why a loss transaction is need or need for sell. What is the reason behind this?
     
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  2. vij

    vij Established Member

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    If The Name Is Not That Good And One Wants To Get Rid Of It, Then Any Money Is Better Than No Money.
    Also Sometimes People Just Have Too Many Domains In Portfolio And They Wanna Shed It Or Trim It.
     
  3. E-Promote

    E-Promote Top Member VIP ★★★★★★★★★★

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    You get what you pay for, so be careful what you pay for :)
     
  4. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    Its often when people have owned a name and they cannot sell it, and its been costing them renewals every year and they dont want to pay for it again, so they sell it for whatever they can to get some money back.
     
  5. whenpillarsfall

    whenpillarsfall Top Member VIP

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    Selling at a loss can reduce your losses, as opposed to simply letting it expire.
     
  6. Mister Funsky

    Mister Funsky Top Member VIP

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    It's like the old saying that goes 'something is better than nothing'.

    There are often names here a domainer is letting go for a few dollars that have age that are decent. You have to be a smart buyer, but from time to time one comes thru worth grabbing...just be sure to do reasonable research on each name no matter the price...I do it whether spending 5, 50 or 500.
     

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