strategy Your Reason For Trading Domains - Why/How Did You Start?

[GetBigDomains]

I'm curious to hear from established and newbies..

What was your real reason for getting into domain sales (your motivation)?
How did you stumble upon it/start selling on day 1?
How much was the first domain you bought?
Where was your first sale auction/private?
How long did it take you to sell one?
Who contacted who?
What tools do you use for domain handling if not Excel?
How many names have you cancelled, dropped, forgotten/lost?
What would you tell yourself if you were starting today?

 

[GetBigDomains]

I honestly cant remember, ive been at it for over 10 years on and off

I know, I've forgotten the first cool names I registered as well!
But you must remember where your first purchase and sale was??

 

[imadoer]

I was looking on Google for a way to get rich discovered the ebet sale I was floored that you could sell a name and at that very moment a light exploded in my head and I knew that this is what I wanted to do with my life

 

[ET76]

I thought GetBigDomains.com is yours @GetBigDomains , it's still available

 

[GetBigDomains]

I thought GetBigDomains.com is yours @GetBigDomains , it's still available

I know.

 

[GetBigDomains]

I let it drop as I was sick - can you see the post above?
I am back on NP now and my name might change... Or I might open a different type of account.

 

[ET76]

I let it drop as I was sick - can you see the post above?
I am back on NP now and my name might change... Or I might open a different type of account.

No, I think it's a cool name. Thanks for for clarifying.

 

[alwaysforGod]

Domaining just sort of fell in line with other projects I had going on, but was discovered by myself quite on accident. I was considering a domain name for a website, started thinking of various names and then more and more names, researched their availability and such, then looked into domain sales a whole.
I find it enjoyable, a solid investment, plus it's awesome so I stayed at it :]

 

[toughdomains]

i want a name that went from 3k in price to 30k i was considering trading one of my 6 letter .com one word for the name...but the name i want is with a broker so its unlikely since no money involved that the trade would take place...i have had others offer to trade names for a name they cant afford...the name they want to trade for hardly ever is equal to the one they want....

 

[namelancer]

I was busy raising a family
My eldest is now finishing university.
My middle is a footballer.
My youngest is a maths wiz.

So, unless the avatar is something borrowed, for you to still manage to look as remarkably good as your avatar purports you to be, and to be able to fit in that black dress you would've had to sell your soul to the domainer's devil

 

[GetBigDomains]

So, unless the avatar is something borrowed, for you to still manage to look as remarkably good as your avatar purports you to be, and to be able to fit in that black dress you would've had to sell your soul to the domainer's devil

LOL... The pic is a couple of years young..
Thanks for the compliment!

 

[maxtra]

Discovered this article: http://www.businessinsider.com/most-expensive-domain-names-of-all-time-2015-7

Started Domaining immediately afterwards.

 

[DOMAIN ILLUMINATI]

Your reason for trading domains - why / how did you start?

Whyyy
I started because I want to make the highest sale of all time.

Howww
I started by creating the highest domain of all time.

 

[MR Harrist]

in 2010, actually domain with pagerank, have high demmand, so, I create 1 and sell it for a few dollar! and because of that reason, I always knew buying domain are the shortcut to make more money, and getting page 1 in Google SERP!

and to be honest, I never knew, that domain with no metrics can be sell for thousand of dollar! and then I learn in here from namepros members, reading all good pages, and then start to buy domain! .us, $50 for 50 domain! and after 11 month, someone buy 1 of the domain, and after a few weeks, someone buy my dot com domain! and that's it, I think domain biz are not that bad! its just need some time to make sales!

but recently I try to do outbound to make sales proces much more faster! but doing outbound are quite tricky! because offering mean low price, but do nothing or inbound, it will take a very very long time to make 1-2 sales! so I am kind of searching the best way how to combine those two between outbound and do nothing! and make maximum profit!

 

[Dorkvader]

I just got into it, I'm a noob and don't have a sale yet. Main motivation was to purchase domains for a website/forum I was thinking about trying to start. Decided I did not want to deal with the liability involved with that type of forum. Held onto the domains incase I changed my mind... Now I find buying domains to be slightly addicting. I think it's more the challenge of wanting a specific type of domain name and trying to find one that's catchy, short and not already taken.

But it's mostly just a hobby what's a few bucks here or there? While I learn something about an industry I know almost nothing about and could potentially make a few bucks off, I see no harm in it.

 

[Coinking]

Discovered this article: http://www.businessinsider.com/most-expensive-domain-names-of-all-time-2015-7

Started Domaining immediately afterwards.

Amazing sales

 

[GetBigDomains]

I just got into it, I'm a noob and don't have a sale yet. Main motivation was to purchase domains for a website/forum I was thinking about trying to start. Decided I did not want to deal with the liability involved with that type of forum. Held onto the domains incase I changed my mind... Now I find buying domains to be slightly addicting. I think it's more the challenge of wanting a specific type of domain name and trying to find one that's catchy, short and not already taken.

But it's mostly just a hobby what's a few bucks here or there? While I learn something about an industry I know almost nothing about and could potentially make a few bucks off, I see no harm in it.

It is addictive! Or maybe a percentage of us find it so. I hope you're addicted to buying the right names!

 

[namerav]

Discovered this article: http://www.businessinsider.com/most-expensive-domain-names-of-all-time-2015-7

Started Domaining immediately afterwards.

Liked it.

 

[MapleDots]

My journey started when I was looking for an email address instead of using a hotmail type of service.

I was looking for something special and loved the word maple because it represented Canada and I thought whoever I emailed would see that.

That was the year 2002 and I combined thousands of words with maple and finally came up with....

[email protected]

I was so proud and then someone registered mapleone.net and I hated it. I bought up maple1.com and maple1.net and everything else. Then I bought up more maples and had a inquiry to purchase one. A startup Canadian company and I sold for 5k. OMG.... after that I dabbled until 2010 when I decided to do it permanently.

So even though my profile says 2010, I actually started my journey in 2002

I thought maples only had appeal in Canada but I sold a number to China and the USA. I am now known as the maple man in Canada and that niche has served me well over the years.

 

[GetBigDomains]

My journey started when I was looking for an email address instead of using hotmail.

I was looking for something special and loved the word maple because it represented Canada and I thought whoever I emailed would see that.

That was the year 2002 and I combined thousands of words with maple and finally came up with....

[email protected]

I was so proud and then someone registered mapleone.net and I hated it. I bought up maple1.com and maple1.net and everything else. Then I bought up more maples and had a inquiry to purchase one. A startup Canadian company and I sold for 5k. OMG.... after that I dabbled until 2010 when I decided to do it permanently.

So even though my profile says 2010, I actually started my journey in 2002

I thought maples only had appeal in Canada but I sold a number to China and the USA. I am now known as the maple man in Canada and that niche has served me well over the years.

Wow! Your enthusiasm worked for you pretty well. Maple Syrup actually has some health benefits too. So your well known for Maple Domains and what other niche/s? I have a spare spot on my site for portfolios..

 

[mitok]

I'm curious to hear from established and newbies..

What was your real reason for getting into domain sales (your motivation)?

I liked the idea of trading with domain names, doing that from any location that allows you to go online, doing that at the time you like and to make money of course. Later I realized that domaining is also my way to freedom as I am no more a slave of some corporation.

How did you stumble upon it/start selling on day 1?

I get this idea in 90-es, but unfortunately didnt start at that time. It was clear to me that (quality) domain names will have big value, but was occupied with other things at that time and did not start right away.

How much was the first domain you bought?

Reg fee

Where was your first sale auction/private?

I think here at NP

How long did it take you to sell one?

I think 2-3 weeks.

Who contacted who?

Not sure if I listed it for sale here or offered it via PM.

What tools do you use for domain handling if not Excel?

Word, e-mail, paper & pen and registrars data When I exited the corporate world I lost my Excell skills And I dont miss them

How many names have you cancelled, dropped, forgotten/lost?
[/QUOTE]

Probably x,xxx. Among them were about 50 LLLL.coms which I had at some wild registrar where I used some wild e-mail address so I have forgotten to renew them on time. Those LLLL.coms would be worth $x,xxx each today as they were either the type that we call chips today, or highly pronounceable.

What would you tell yourself if you were starting today?[/QUOTE]

Dont be lazy, do your homework and consider domaining as a real job (and work 5 days a week) and you will make a lot of money.
I cant force myself to work seriously even 5 days a month However, it is still enough to have domaining as my only job.
What I mean by "work seriously"? Get a knowledge and start working (searching for domain names and then for the end-users). If you will wait for an offer via Sedo and Afternic, you will be hardly able to rely just on domaining for a living. You should do outbounds with lower quality domains (which when chosen correctly will yield a regular $xxx and $x,xxx sales) and wait for the offers with a better quality domains.

 

[MapleDots]

Maple Syrup actually has some health benefits too.

The Maple is our National symbol, it has very little to do with the Maple Syrup market. Maple... as in Canada flag. Lots of our businesses covet the Maple as a brand.

 

[Doron Vermaat]

What was your real reason for getting into domain sales (your motivation)?

I co-founded an employment website for the Greater China region in 2006. That company didn’t make it and was shut down four years later. The domain, which was administered by a web development company, was neglected and ultimately expired from Network Solutions in December 2012. I wanted to relaunch the site so I did some research to find out how to gain ownership of the domain again once it would drop.
This led me to NameJet where all the expired inventory from NetSol is being auctioned. At NameJet I learned about the domain name aftermarket, drops and auctions. That month I won the auction for the NewChinaCareer.com domain name but also started bidding on several others that caught my eye. I was hooked right away.

How much was the first domain you bought?

I paid $314 for the NewChinaCareer.com domain name and some other names I purchased at NameJet that same week were RecipeDog.com for $59, AKKZ.com for $200, Ebore.com for $59, Ehila.com for $59, ActionBee.com for $59, OnlyJobs.com for $375 and HongKongFlats.com for $69

Where was your first sale auction/private?

My first sale was Obria.com which sold for $ 4,696.00 at BrandBucket.

How long did it take you to sell one?

It sold in August 2013 so it was 8 months after I started investing in domain names. I did receive and turned down several offers for other domains at that time but Obria.com was the first finalized sale.

What tools do you use for domain handling if not Excel?

I eat my own dogfood, Efty.

How many names have you cancelled, dropped, forgotten/lost?

What would you tell yourself if you were starting today?

Quality over quantity. As you can see above I dropped a significant number of domains over the years and my profits could have been a lot higher if it wasn't for all the rubbish I purchased during my first couple of years. But,... this is also the cost of an education

 

[golan]

i got an offer $100 via whois but i do not trust them.. not sure how to deal with a shady buyer

Initiate the sale via Payoneer Escrow. Nobody can loose anything, don't release the domain until the money is in escrow, you are protected.

 

[golan]

Coming from SEO, in the beginning i was only interested in abandoned domains as valuable asset for authority laundering. Soon enough i also started to notice nice names that were abandoned or dropping. Learnt that there is another market for them. Discovered NP. Sold a few domains in XXX range. But i still can't afford real long term investments. In SEO domains, turnaroud is much faster.