Comments on: Trouble Selling Your Domain Names http://www.chefpatrick.com/trouble-selling-your-domain-names/ Wed, 08 Feb 2012 19:27:35 +0000 hourly 1 http://wordpress.org/?v= By: Kyle Howard http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-538 Kyle Howard Thu, 20 Nov 2008 06:50:09 +0000 http://www.dnkitchen.com/?p=764#comment-538 After ICANN passed the new TLD extensions rule, there have started to be some new TLD extensions, such as .ASIA and .ME. I wonder if the continued expansion of TLDs will devalue existing .com/net/org domain names. After ICANN passed the new TLD extensions rule, there have started to be some new TLD extensions, such as .ASIA and .ME. I wonder if the continued expansion of TLDs will devalue existing .com/net/org domain names.

]]> By: kob http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-486 kob Sat, 15 Nov 2008 20:31:34 +0000 http://www.dnkitchen.com/?p=764#comment-486 A side observation. I recently tried to buy what godaddy calls a premium domain. Someone owned it and was selling it through godaddy. I thought it was a little high and offered about 40% off list -- it was still a very nice offer for a domain (considering the stock market is crashing) that I knew would have to earn its value through development. I did not feel I was low balling at all. I own names that are similar and have a good feel for the traffic they generate. The rep at godaddy said they best he could reduce was 5%. I asked the godaddy rep to pass along my offer, nonetheless, to the seller to see what he/she thought of it, but he said he could not do that. End of discussion. End of potential sale. In many, perhaps most, cases domain values are arbitrary; they reflect the view of the seller, and not the view of a market. I once had someone make an offer on a domain I owned for a decent amount. I didn't place a lot of value on this domain and in all honestly it was a windfall offer. I didn't counter or play games, and just sold it because I knew he obviously wanted it for development. But I think third party sellers/brokers, in this case godaddy, have an obligation to pass along an offer to the seller -- even if godaddy believes the offer is short of the name's potential value. So, bottom line advice, if I was selling through a third party, I would make darn sure that the broker was advising me of all offers, no matter how off the asking price. If the seller thinks the offer is too low they can counter or ignore. It's a nice, ah, free market solution. Had the seller countered with 30% off asking I might have taken it. The domain is still for sale. A side observation. I recently tried to buy what godaddy calls a premium domain. Someone owned it and was selling it through godaddy. I thought it was a little high and offered about 40% off list — it was still a very nice offer for a domain (considering the stock market is crashing) that I knew would have to earn its value through development. I did not feel I was low balling at all. I own names that are similar and have a good feel for the traffic they generate.

The rep at godaddy said they best he could reduce was 5%.

I asked the godaddy rep to pass along my offer, nonetheless, to the seller to see what he/she thought of it, but he said he could not do that. End of discussion. End of potential sale.

In many, perhaps most, cases domain values are arbitrary; they reflect the view of the seller, and not the view of a market. I once had someone make an offer on a domain I owned for a decent amount. I didn’t place a lot of value on this domain and in all honestly it was a windfall offer. I didn’t counter or play games, and just sold it because I knew he obviously wanted it for development.

But I think third party sellers/brokers, in this case godaddy, have an obligation to pass along an offer to the seller — even if godaddy believes the offer is short of the name’s potential value. So, bottom line advice, if I was selling through a third party, I would make darn sure that the broker was advising me of all offers, no matter how off the asking price. If the seller thinks the offer is too low they can counter or ignore. It’s a nice, ah, free market solution.

Had the seller countered with 30% off asking I might have taken it. The domain is still for sale.

]]> By: Ross http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-485 Ross Sat, 15 Nov 2008 20:17:37 +0000 http://www.dnkitchen.com/?p=764#comment-485 This is a very good point. By studying what is selling ect. it can help you register or pick up some good names based on physical data. This is why past sales data is so important in finding new names and valuating current names already in your portfolio. This is a very good point. By studying what is selling ect. it can help you register or pick up some good names based on physical data. This is why past sales data is so important in finding new names and valuating current names already in your portfolio.

]]> By: Ross http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-484 Ross Sat, 15 Nov 2008 20:14:38 +0000 http://www.dnkitchen.com/?p=764#comment-484 AsSeenOnTV.com = EXTREMELY COMMON phrase. Would help anyones portfolio cj.com + CommissionJunction.com = A huge company and its a Keyword+Brandable.com, Still has a keyword. cs.com + CompuServe.com = Big Company cnbc.com = TV Station msncnbc.com = TV Station tdnam.com + TheDomainNameAftermarket.com = Domains at GoDaddy, and did you realize that they actually quit using this name. tucows.com (right: Two Cows) = Huge company tj6.com + TheJollySix.com = Never heard of it I think you missed the entire point of this post. As you can see the names that you named were huge companies and it really does not matter what name they choose they can pay for ads ect. The point of this post was to help the domainer out there that can not sell their domains. The main reason for this IS because of the quality of domains they are trying to sell are low quality. By this i mean domains like EndUserDns.com, FiveComs.com, or MaybeWild.com. Which were all pulled straight off a forum. If you truely do own quality domains like FlightInstructor.com, foothills.com, or GiantPanda.com then they have liquidity because those types of domains can sell with in mins if the price is right. I also read your site, 1. Domain extension (TLD) is always important. It is if you wanna make a sale 2. A domain name (SLD) must pertain to the web content. I agree with you 3. Search engine result position is always important. If you want to sell your domain or contract traffic it is very very important. Otherwise you will have to work extremely hard to achieve it. 4. There are ways to determine the actual value of a domain. I agree with you on this. Everyone values a domain differently. 5. Appraisers handle subjective scientific formulas to find current Fair Market Value. I agree with you but they do add a very important metrics in finding a value to a domain name. 6. Fair Market Value. If a domain sell for a certain price, that is its fair market value. Which may change over time. 7. The shorter, the better. I agree 8. Backlinks are always important. They are very important if you want to gain traffic to your domain. They can help you get SERPs as well. If a domain already has backlinks then that's just work you do not have to do. 9. Traffic is always important. Traffic is very important if you want to sell a domain quick. I have had companies specifically ask me if the domain got any traffic before. I have told them no before and they closed to deal. Vise vera as well. I am sorry but the stuff you have deemed not important will help you sell a domain quickly and for a good price. And yes companies do look for these factors when finding a domain name to pick up. To answer your question, "Who decides if a name is crappy or not?" the person buying it does. If you buy domains with keywords and ideas for that name, more than likely you will sell that name faster than if the name was Hooglif.com. I also think you missed this "*Disclaimer: Any domain can be worth thousands or millions. Just trying to help out your chances of finding and making those thousands or millions." Have a good day! AsSeenOnTV.com = EXTREMELY COMMON phrase. Would help anyones portfolio

cj.com + CommissionJunction.com = A huge company and its a Keyword+Brandable.com, Still has a keyword.

cs.com + CompuServe.com = Big Company

cnbc.com = TV Station

msncnbc.com = TV Station

tdnam.com + TheDomainNameAftermarket.com = Domains at GoDaddy, and did you realize that they actually quit using this name.

tucows.com (right: Two Cows) = Huge company

tj6.com + TheJollySix.com = Never heard of it

I think you missed the entire point of this post. As you can see the names that you named were huge companies and it really does not matter what name they choose they can pay for ads ect. The point of this post was to help the domainer out there that can not sell their domains. The main reason for this IS because of the quality of domains they are trying to sell are low quality. By this i mean domains like EndUserDns.com, FiveComs.com, or MaybeWild.com. Which were all pulled straight off a forum. If you truely do own quality domains like FlightInstructor.com, foothills.com, or GiantPanda.com then they have liquidity because those types of domains can sell with in mins if the price is right.

I also read your site,
1. Domain extension (TLD) is always important.
It is if you wanna make a sale

2. A domain name (SLD) must pertain to the web content.
I agree with you

3. Search engine result position is always important.
If you want to sell your domain or contract traffic it is very very important. Otherwise you will have to work extremely hard to achieve it.

4. There are ways to determine the actual value of a domain.
I agree with you on this. Everyone values a domain differently.

5. Appraisers handle subjective scientific formulas to find current Fair Market Value.
I agree with you but they do add a very important metrics in finding a value to a domain name.

6. Fair Market Value.
If a domain sell for a certain price, that is its fair market value. Which may change over time.

7. The shorter, the better.
I agree

8. Backlinks are always important.
They are very important if you want to gain traffic to your domain. They can help you get SERPs as well. If a domain already has backlinks then that’s just work you do not have to do.

9. Traffic is always important.
Traffic is very important if you want to sell a domain quick. I have had companies specifically ask me if the domain got any traffic before. I have told them no before and they closed to deal. Vise vera as well.

I am sorry but the stuff you have deemed not important will help you sell a domain quickly and for a good price. And yes companies do look for these factors when finding a domain name to pick up.

To answer your question, “Who decides if a name is crappy or not?” the person buying it does. If you buy domains with keywords and ideas for that name, more than likely you will sell that name faster than if the name was Hooglif.com.

I also think you missed this “*Disclaimer: Any domain can be worth thousands or millions. Just trying to help out your chances of finding and making those thousands or millions.”

Have a good day!

]]> By: Jason http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-482 Jason Sat, 15 Nov 2008 16:59:04 +0000 http://www.dnkitchen.com/?p=764#comment-482 Developing your NOSE for a good name is SO important. Do it by NOT reg'ing names and then having people tell you they suck, but by studying previous sales, active auction sites and forums sales threads... I always go back to this one, Frank Schilling's last post: http://www.sevenmile.com/2008-03/everybody-sells/ Aim for meaning, resonance, gravity, traffic, ... At GoDrops.com you can get live feedback about the quality of names as they drop -live- during the daily drop and some advice from more experienced domainers. Developing your NOSE for a good name is SO important. Do it by NOT reg’ing names and then having people tell you they suck, but by studying previous sales, active auction sites and forums sales threads…

I always go back to this one, Frank Schilling’s last post: http://www.sevenmile.com/2008-03/everybody-sells/

Aim for meaning, resonance, gravity, traffic, …

At GoDrops.com you can get live feedback about the quality of names as they drop -live- during the daily drop and some advice from more experienced domainers.

]]> By: Johnny http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-480 Johnny Sat, 15 Nov 2008 15:39:26 +0000 http://www.dnkitchen.com/?p=764#comment-480 True, for the greater part, but false about quality opinion. Appraisals are opinions, subjective to individual or company ideas. Not everybody thinks the same way about quality requirements. We should not generalize opinions towards standards. All domains are different, all sellers and buyers are differently motivated. Third party opinions are only relevant if taken into consideration. Every appraiser has in-house systems. Most online domainer meeting places are reseller-oriented. End users just pay to have whatever it takes. And, who decides about what domain is crappy or not? AsSeenOnTV.com and many other "long" names sold well: cj.com + CommissionJunction.com ... cs.com + CompuServe.com ... cnbc.com ... msncnbc.com ... tdnam.com + TheDomainNameAftermarket.com ... tucows.com (right: Two Cows) ... tj6.com + TheJollySix.com ... Are these crappy? Many other long, very short, or just meaningless (in English) SLD's are used for successful webs. Many unpronounceable domains with whatever .tld or .cc are successfully used for traffic redirection. Crappy nln.org - lnn.net etc? They make things roll. Keywords - Important? Search engines usually check web content - Not domain name. Market? Market Value? Fair Market Value? Only the rules of supply and demand count. Wikipedia says something about this. Value? It just takes to motivate a buyer why that's the price. Discussion usually arises because of some third party comment. No offense, I see correct things here. But each individual has personal business strategies. They sometimes work, and sometimes don't. Kind regards, Johnny. True, for the greater part, but false about quality opinion.
Appraisals are opinions, subjective to individual or company ideas.
Not everybody thinks the same way about quality requirements.
We should not generalize opinions towards standards.
All domains are different, all sellers and buyers are differently motivated.
Third party opinions are only relevant if taken into consideration.
Every appraiser has in-house systems.
Most online domainer meeting places are reseller-oriented.
End users just pay to have whatever it takes.
And, who decides about what domain is crappy or not?

AsSeenOnTV.com and many other “long” names sold well:
cj.com + CommissionJunction.com …
cs.com + CompuServe.com …
cnbc.com …
msncnbc.com …
tdnam.com + TheDomainNameAftermarket.com …
tucows.com (right: Two Cows) …
tj6.com + TheJollySix.com …

Are these crappy?
Many other long, very short, or just meaningless (in English) SLD’s are used for successful webs.

Many unpronounceable domains with whatever .tld or .cc are successfully used for traffic redirection.
Crappy nln.org – lnn.net etc?
They make things roll.

Keywords – Important?
Search engines usually check web content – Not domain name.

Market? Market Value? Fair Market Value?
Only the rules of supply and demand count.
Wikipedia says something about this.

Value?
It just takes to motivate a buyer why that’s the price.
Discussion usually arises because of some third party comment.

No offense, I see correct things here.
But each individual has personal business strategies.
They sometimes work, and sometimes don’t.

Kind regards,
Johnny.

]]> By: claude http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-470 claude Fri, 14 Nov 2008 20:16:34 +0000 http://www.dnkitchen.com/?p=764#comment-470 Rob, Any chance you can give us some detail as to what is selling and for how much in this market? I am not asking for exactly what domain name or exactly how much, but, how about giving us something like the domains were in the housewares category and sold for between 5000 and 8000? Thanks, Claude Rob,

Any chance you can give us some detail as to what is selling and for how much in this market?

I am not asking for exactly what domain name or exactly how much, but, how about giving us something like the domains were in the housewares category and sold for between 5000 and 8000?

Thanks,
Claude

]]> By: littledevil http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-469 littledevil Fri, 14 Nov 2008 19:54:42 +0000 http://www.dnkitchen.com/?p=764#comment-469 Shucks, I thought you were going to have suggestions though on how to sell crappy names? Like most, we have several... great post Shucks, I thought you were going to have suggestions though on how to sell crappy names? Like most, we have several… great post

]]> By: Rob Sequin http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-467 Rob Sequin Fri, 14 Nov 2008 19:22:38 +0000 http://www.dnkitchen.com/?p=764#comment-467 If you don't mind me linking to my site, I have a process posted there for selling your domains to end users. It's SellingToEndUsers.com. I sold a domain today and one last week to end users. If you don’t mind me linking to my site, I have a process posted there for selling your domains to end users. It’s SellingToEndUsers.com.

I sold a domain today and one last week to end users.

]]> By: RegFeeNames.com http://www.chefpatrick.com/trouble-selling-your-domain-names/#comment-466 RegFeeNames.com Fri, 14 Nov 2008 19:03:14 +0000 http://www.dnkitchen.com/?p=764#comment-466 Interesting post Ross. I do agree many names people own do suck! There are still hundreds of excellent domains available to pick up for RegFee... See my site RegFeeNames.com - it is dedicated to keyword available domains but there are also several other good sites out there.. Regards, Robbie Founder RegFeeNames.com Interesting post Ross.

I do agree many names people own do suck!

There are still hundreds of excellent domains available to pick up for RegFee…

See my site RegFeeNames.com – it is dedicated to keyword available domains but there are also several other good sites out there..

Regards,

Robbie
Founder
RegFeeNames.com

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