Domain Magnate

First time I’m seeing 3character.com guide lowering prices and not just lowering, but by over 20% in a month!

3-Letter .com - $6000 (- $1650 since July 1, 2008 report)

3 letter .net lost 3.6% according to the guide.

What’s gonna happen next with the LLL.com? Well no one knows for sure. From a discussion in DomainState:

• snoopy: Agree, personally I think we will see prices come back into the $3000-$4000 range on the low end.
• DomainDiscount: Recently sold a 3 letter .com in the mid Euro xx,xxx range. Was an enduser sale though.
• Globalise: Sold a pair of LLL.coms last week for $130k.
  Two weeks ago I bought an LLL.com with mediocre letters for $15k and sold it, two days later, to another domainer for $40k.
• doughmein: I think it signifies a market correction because these qualify as “token” domains that are being tossed around, and there’s no indication that the lesser quality ones will be in demand by end-users.

read more »

Despite the recession in US economy and a certain amount of uncertainty in the domaining market July 08 have been pretty good for me. I had around $50k in sales, with over 2/3 of it being profit. While most sales were private and the buyers preferred to keep them confidential, couple of the top sales are through public auctions so I can mention them here:

Dickinson.com $12K on Bido
Krom.com $5,5k through AfterNic
Harlot.com $5145 on Bido (I owned 50% of this one)

I rarely disclose my earnings and report sales, however I feel this is needed to encourage others to see the hidden opportunities in domaining. What I like most about the industry are the large gaps. Appraisals always range widely and so do auctions and sales, it’s not unusual to see domains being resold for 2x and more shortly after. read more »

Nice to see the industry leaders working together, TRAFFIC in NY will have domains from all the major players:

1. Moniker
2. Aftermarket.com / DomainTools
3. Rick Latona
4. Bido.com
5. Sedo

Sedo is notorious for making sellers pick low reserves to “encourage more bidders” and while it sometimes work, frequently there aren’t enough bidders in the first place, so names end up with low prices. This mostly refers to GreatDomains auctions.

Next GreatDomains event has these names in the list, among others:

Attended.com no reserve
Calcium.net $1-$499
Debbie.net no reserve
Doctor.net $5,000-$9,999
Illicit.com $1,000-$4,999
Doorway.com $1,000-$4,999

Now some of these reserves are just ridiculously low, someone will get bargains!
I think low reserves only hurt the sale, there should be either no reserve at all, like on snapnames and bido, or a fair reserve like there is usually in TRAFFIC auctions and good sedo auctions. Low reserves will just reduce the domain’s value in the eyes of the buyer. A quick example is when I recently sold my coriander.com for just $5100 on greatdomains auction with reserve $5k, after it went up to $9k on a sedo auction previously, shy of reaching its reserve. There are simply not enough bidders to create a bidding war to get the price up, especially now due to summer, recession, election, global warming..

I think this was a clear marketing success for bido. They managed to sell a two word .org domain for almost $2k.

Honestly it’s a good domain, but I’m not sure how it can be used, besides by some kind of organization that is keen on keeping secrets, or on the contrary revealing them. Might also fit for an entertainment site.

But still, that’s the price I’d expect from the .com!

We are putting  Harlot.com on bido and the auction is in less than week July, 8

Great one word domain well fit for an adult site.

Some recent sales on bido turned out to be bargains, so don’t miss this one!

RYY.com - $7,124
domaintalk.com - $2,415
panelist.com - $1,866
golfiowa.com - $460
QVK.com - $6,730