Quote:
Originally Posted by carlsandoval\
yeha but the main question is how do you know what to buy and what not to buy? I just had to let go 25 domains because after trying to sell them no one wanted them and i put them up everywhere.
is there some sort of procedure one has to follow?
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At this point for me, half is procedure and half is feel. If procedure was enough to get good domains, then automated appraisals and likely some programs to find/register good domains would be around by now. As it is, automated appraisals are a complete joke, which indicates the human element is still very much needed in domaining. The feel part of it comes from having done this 6 years and probably gone through millions of domains by now, and even then things change over time too so you need to take THAT into account.
Yesterday's sales were mostly "feel" ones whereas most of my day-to-day sales are mostly ones gotten w/ sticking to procedure. The day-to-day ones are the ones that pay my mortgage/bills/etc and the feel ones are icing on the cake basically.
I actually ended up closing $4,900 in sales yesterday in total. A guy I was going back/forth with for months on an $800 domain finally moved forward and paid. That was one I regged less than a year ago, so in total about $4,900 in sales on about $110 investment. Yes there's some commission fees out of that, but still...I'd like to see stocks/bonds/forex/etc. do that on a regular basis.
