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Unless your .CO domain is too good, do you think a buyer has the probability of buying it from you at $2,000 to $10,000 or so?
I don't think so. Here is why:
The buyer has too many options
Imagine how many domain name investors would buy the $120 .CO domains which are decent to really good. Not many, I would suppose (an assumption here, given that one can buy like 12 .COMs or a decent 4-letter .COM for that price).
So, if you buy a $1 .CO domain now, thinking that a buyer may snap it up for $999 or so, things may be tricky here. The buyer has many options with the $120 names that he can buy instead of buying your .CO domain. That's where my doubt comes in.
Although I did book close to 200 .CO domains recently, there is always the factor of having the choice to book 20 .COMs instead. A difficult choice indeed. But given that .CO is so enticing, I could hardly resist the urge.
I think I picked up a couple of decent names. However, the time will tell.
What do you think of your recent .CO acquisitions of $1 each?
I don't think so. Here is why:
The buyer has too many options
Imagine how many domain name investors would buy the $120 .CO domains which are decent to really good. Not many, I would suppose (an assumption here, given that one can buy like 12 .COMs or a decent 4-letter .COM for that price).
So, if you buy a $1 .CO domain now, thinking that a buyer may snap it up for $999 or so, things may be tricky here. The buyer has many options with the $120 names that he can buy instead of buying your .CO domain. That's where my doubt comes in.
Although I did book close to 200 .CO domains recently, there is always the factor of having the choice to book 20 .COMs instead. A difficult choice indeed. But given that .CO is so enticing, I could hardly resist the urge.
I think I picked up a couple of decent names. However, the time will tell.
What do you think of your recent .CO acquisitions of $1 each?