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Stewie

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#1

Severely Overpriced Domains??

10-18-2004, 09:42 AM

What is with the current trend by domain sellers? A few of those high-profile domain sales have given these guys delusions of grandeur. I have contacted a few individuals lately about purchasing some pre-owned domains. All of them have been essentially worthless, other than if you have an idea to go with them (domains purchased years ago, sitting with no site or traffic, no alexa rating or pagerank, no popular keywords in the domain, etc). However, these guys think every single domain they own is worth $3-10k, no matter the real value.

Sorry, just had to vent! Is it only me??
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brand0n

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#2

10-18-2004, 09:45 AM

for example?

want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.
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#3

10-18-2004, 09:45 AM

wanna buy www.goodporniscoolandgreat.com for 5k?

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Fake Nick

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#4

10-18-2004, 09:45 AM

lol, what else is new ?
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Stewie

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#5

10-18-2004, 09:49 AM

Originally posted by evanmorgan
wanna buy www.goodporniscoolandgreat.com for 5k?

Wow, that's cheap! hit me up!!
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TheEnforcer

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#6

10-18-2004, 09:54 AM

A domain is worth what someone is willing to pay for it. Just because you think a domain isn't worth x amlount of dollars doesn't mean someone else won't come along who does.

Hit me up below for all your advertising needs!
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Stewie

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#7

10-18-2004, 10:05 AM

Originally posted by TheEnforcer
A domain is worth what someone is willing to pay for it. Just because you think a domain isn't worth x amlount of dollars doesn't mean someone else won't come along who does.

True, and I understand guys trying to get as much $$ for a domain as they can. It just seems like everyone is trying to charge 5k out the door for any domain, no matter the situation.
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arg

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#8

10-18-2004, 10:13 AM

I buy plenty of domains for sub-$3000 prices, and occasionally sell them too. If you've gotten $3k-$5k prices consistently, for essentially worthless domains, I'm guessing you're looking in the wrong places (domain sales sites?), or you're underestimating their value.
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DomBuyer

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#9

10-18-2004, 12:37 PM

You think the delusions of grandeur are high now? Trust me, pre-crash, they were simply insane.

The interesting certainty of the domain business is that there are always people whose first business is not domains who happen to have monster name, and they assess its value not on the reality of someone in the trenches every day, but from the distant valuations of appraisal services and wankers.

I remember a few years ago, I way overpaid for xxx.net, a simply astounding figure for a .net, and the cocksucker who sold it to me was not thankful, but went as far as to complain about a $100 escrow fee. Mid xx,xxx's for a net and he still had this idea he'd been ripped when in fact he'd done really, really well on my exhuberance.

Sadly, so many stories like that.
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Stewie

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#10

10-18-2004, 12:42 PM

Originally posted by arg
I buy plenty of domains for sub-$3000 prices, and occasionally sell them too. If you've gotten $3k-$5k prices consistently, for essentially worthless domains, I'm guessing you're looking in the wrong places (domain sales sites?), or you're underestimating their value.

Nope, no domain-sale sites... these were domains I picked, found they were taken, and contacted the owners directly. They cannot be worth that much if they have been sitting unused and unsold for years.
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MrIzzz

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#11

10-18-2004, 12:47 PM

i sale www.pooperpopper.com for nothing less then $5k if you're interested

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Gynecologist

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#12

10-18-2004, 12:49 PM

Originally posted by Stewie
What is with the current trend by domain sellers? A few of those high-profile domain sales have given these guys delusions of grandeur. I have contacted a few individuals lately about purchasing some pre-owned domains. All of them have been essentially worthless, other than if you have an idea to go with them (domains purchased years ago, sitting with no site or traffic, no alexa rating or pagerank, no popular keywords in the domain, etc). However, these guys think every single domain they own is worth $3-10k, no matter the real value.

Sorry, just had to vent! Is it only me??

Gotta love this conversation:

Buyer: Hi, I see you have lousy.name for sale. How much isi it?

Seller: How much will you pay me for it?

Buyer: I will give you $100

Seller: Ok, I will sale to you for $10,000 but you have to buy it now.
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Stewie

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#13

10-18-2004, 12:50 PM

Originally posted by MrIzzz
i sale www.pooperpopper.com for nothing less then $5k if you're interested

So, it is 5k for the domain, or the actual "popper"?
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lazycash

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#14

10-18-2004, 12:58 PM

You can view many overpriced domains at www.shitty.name

"WTF, on google you can find the answer to every question in human history, EXCEPT how to convert cams..

Its crazy..."

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DomBuyer

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#15

10-18-2004, 12:59 PM

Originally posted by Gynecologist
Gotta love this conversation:

Buyer: Hi, I see you have lousy.name for sale. How much isi it?

Seller: How much will you pay me for it?

Buyer: I will give you $100

Seller: Ok, I will sale to you for $10,000 but you have to buy it now.
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#16

10-18-2004, 01:05 PM

Originally posted by TheEnforcer
A domain is worth what someone is willing to pay for it. Just because you think a domain isn't worth x amlount of dollars doesn't mean someone else won't come along who does.

agree

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MrIzzz

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#17

10-18-2004, 01:07 PM

Originally posted by Stewie
So, it is 5k for the domain, or the actual "popper"?

hey keep your hands away from my pooper with your thoughts of popping

i hear ya on the domain prices though, some of them are outta hand

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arg

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#18

10-18-2004, 01:22 PM

Originally posted by Stewie
Nope, no domain-sale sites... these were domains I picked, found they were taken, and contacted the owners directly. They cannot be worth that much if they have been sitting unused and unsold for years.

It certainly happens, I know what you're talking about, but to have it be consistant, it seems like the domains may generate more interest than you think. I've bought several domains just writing to people and offering a couple hundred bucks, so I know there are reasonable sellers out there. Most of my domain inquiries go unanswered, and those that are answered don't usually reach a deal, but once in a while things work out.

On the flip side, most domain inquiries I receive, I don't answer...too many bots that send out thousands of domain inquiries, and tirekickers looking for extreme bargains. If a person makes a plausible offer, I try to respond, even if it's just to say no thanks.
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#19

10-18-2004, 01:25 PM

Originally posted by MrIzzz
i sale www.pooperpopper.com for nothing less then $5k if you're interested

i have

www.blessedpoop.com and will part with it for $2k

i seriously have that domain though....another one of those quick buys
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#20

10-18-2004, 01:26 PM

Originally posted by lazycash
You can view many overpriced domains at www.shitty.name
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#21

10-18-2004, 01:27 PM

I reg'd a brand new real estate domain a client was looking for last week that I'm going to turn around and resell him for $3K.

People will pay these kinds of prices.

If you would like to develop your domains, you can lease inexpensive foreign labor
from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
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#22

10-18-2004, 02:13 PM

I sale many domain name ;)

you contact me

shemalesurprise.com
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---------------------------------
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#23

10-18-2004, 02:17 PM

Originally posted by Gynecologist
Gotta love this conversation:

Buyer: Hi, I see you have lousy.name for sale. How much isi it?

Seller: How much will you pay me for it?

Buyer: I will give you $100

Seller: Ok, I will sale to you for $10,000 but you have to buy it now.

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Steen2

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#24

10-18-2004, 02:18 PM

When I get calls (via whois) I always quote 3k-5k+. It's not worth my time (IMO) after they start busting out there "but you're not doing anythign with it" and "I will pay you $100" lines.

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Stewie

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#25

10-18-2004, 02:37 PM

Originally posted by Gynecologist
Gotta love this conversation:

Buyer: Hi, I see you have lousy.name for sale. How much isi it?

Seller: How much will you pay me for it?

Buyer: I will give you $100

Seller: Ok, I will sale to you for $10,000 but you have to buy it now.

Exactly!!
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#26

10-18-2004, 02:38 PM

Originally posted by arg
It certainly happens, I know what you're talking about, but to have it be consistant, it seems like the domains may generate more interest than you think. I've bought several domains just writing to people and offering a couple hundred bucks, so I know there are reasonable sellers out there. Most of my domain inquiries go unanswered, and those that are answered don't usually reach a deal, but once in a while things work out.

On the flip side, most domain inquiries I receive, I don't answer...too many bots that send out thousands of domain inquiries, and tirekickers looking for extreme bargains. If a person makes a plausible offer, I try to respond, even if it's just to say no thanks.

People don't seem to understand that domain inquiries--every one of 'em--have to be written from scratch, taking into account the name and the unique circumstances. I would guess that my response rate is close to 100% on inquiries because I am acutely aware of what domain owners DON'T want to hear, which is some rote script.
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#27

10-18-2004, 03:06 PM

A few years ago I got one of those unsolicited emails offering to buy pube.com. This guy wasn't offering me money. He was going to use the domain to sell pubic hair nets. He explained how these nets would be used by naked waiters and waitresses in restaurants to protect the food that they serve from unsanitary pubes (quite a specific product.) If I were to give him the domain name, he would give me a percentage of the action.

I turned him down. pube.com is stilla available for $10k, by the way.

BL

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SomeCreep

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#28

10-18-2004, 04:11 PM

Originally posted by Stewie
What is with the current trend by domain sellers? A few of those high-profile domain sales have given these guys delusions of grandeur. I have contacted a few individuals lately about purchasing some pre-owned domains. All of them have been essentially worthless, other than if you have an idea to go with them (domains purchased years ago, sitting with no site or traffic, no alexa rating or pagerank, no popular keywords in the domain, etc). However, these guys think every single domain they own is worth $3-10k, no matter the real value.

Sorry, just had to vent! Is it only me??

There is a lot of hype surrounding domain names these days. Especially on GFY, with Taboo bumping his domain thread every day. I imagine him and a lot of other newbies think that all you need to do these days is register some shittyname.com or "word"blog.com, and instantly it is worth $500. If someone happens to inquire about it, all of a sudden they think its worth $5000.

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KRL

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#29

10-18-2004, 04:14 PM

They might not be worth $2K or $5K or $10K, but you can make them worth that easily with just a little bit of effort. Kind of like buying a fixer upper property and turning into a quick $20K profit with just a few thou of upgrades.

If you would like to develop your domains, you can lease inexpensive foreign labor
from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
*** *** *** *** *** *** *** *** *** *** *** ***
Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains
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arg

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#30

10-18-2004, 05:01 PM

Originally posted by SomeCreep
I imagine him and a lot of other newbies think that all you need to do these days is register some shittyname.com or "word"blog.com, and instantly it is worth $500. If someone happens to inquire about it, all of a sudden they think its worth $5000.

There are some newbs who think that way, and it's not a new phenomenon, they've been on eBay and elsewhere since before GFY. Taboo, however, doesn't seem to be a noob. He registers all sorts of names, including $15 crappers, but those can be a good deal for the money. I grabbed a $15 crapper off eNom a couple weeks ago, then sold it to someone else for $200. Of course I've got a bunch of other crappers I haven't sold, but overall I turn a profit.

Also, with the example of "word"blog.com, I would say that the names are worth more to him than to others, because of a project he's planning to launch. There are domains that are worth more to me than normal market value too. It doesn't mean we're noobs for overvaluing them, they're just worth more to us. Sometimes the opposite happens, a name I have is worth a lot more to someone than I think it's worth, and that's when I sell 'em.

Taboo, I agree on writing a personalized message when making an opening unsolicited offer. The more serious the offer, the more time you should put into it. My poorer response rate is probably from going after domains for whom the email contact is expired, but sometimes probably from lowballing the opening offer...(depends on a number of factors; I don't lowball serious players, or domains that have undoubtedly gotten many other offers).
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#31

10-18-2004, 05:04 PM

just think about it, there are millions of people on the internet and that number is growing larger by the second, then think how many .com names there are, so mabye payin 3k for a domain name isent out of the question considering in 5 years it will probably be worth twice that

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#32

10-18-2004, 05:08 PM

Originally posted by Stewie
What is with the current trend by domain sellers? A few of those high-profile domain sales have given these guys delusions of grandeur. I have contacted a few individuals lately about purchasing some pre-owned domains. All of them have been essentially worthless, other than if you have an idea to go with them (domains purchased years ago, sitting with no site or traffic, no alexa rating or pagerank, no popular keywords in the domain, etc). However, these guys think every single domain they own is worth $3-10k, no matter the real value.

Sorry, just had to vent! Is it only me??

I think domain brokers are currently stuck in a rut of "TYPE IN FUCKING TRAFFIC"...

Type in traffic can be manipulated.

Like anything ...

SexTherapy.com is a good generic domain ...
NOT currently active so there are no type-in stats ...
https://www.afternic.com/name.php?id=963813

What would you value that domain at?
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#33

10-18-2004, 05:10 PM

I have overpriced domains for sell
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SomeCreep

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#34

10-18-2004, 05:32 PM

Originally posted by arg
There are some newbs who think that way, and it's not a new phenomenon, they've been on eBay and elsewhere since before GFY. Taboo, however, doesn't seem to be a noob.

Also, with the example of "word"blog.com, I would say that the names are worth more to him than to others, because of a project he's planning to launch. There are domains that are worth more to me than normal market value too. It doesn't mean we're noobs for overvaluing them, they're just worth more to us.

I know Taboo is not new in the sense that he just began registering domains or has a tendency to over value his domains. I think of him as a newbie because he has an incredibly bad business sense. Best example, is how he started that "domain" thread, which although can not be metered directly, has no doubt created an insane amount of new competition for domains. That single thread is responsible for driving up bids and searches on domains at auction (GFY is a powerful phenomenon). More competition may happen naturally over time, but the way Taboo purposely creates this, even driving up bids and searches on the same "blog" domains he is trying to acquire, is beyond me. It is stupidity and lack of wisdom at its strongest. Perhaps, he thinks he will make his domains increase in value by creating hype. That is the lack of widsom. He is losing far more than he will gain.

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#35

10-20-2004, 03:07 AM

Originally posted by SomeCreep
I know Taboo is not new in the sense that he just began registering domains or has a tendency to over value his domains. I think of him as a newbie because he has an incredibly bad business sense. Best example, is how he started that "domain" thread, which although can not be metered directly, has no doubt created an insane amount of new competition for domains. That single thread is responsible for driving up bids and searches on domains at auction (GFY is a powerful phenomenon). More competition may happen naturally over time, but the way Taboo purposely creates this, even driving up bids and searches on the same "blog" domains he is trying to acquire, is beyond me. It is stupidity and lack of wisdom at its strongest. Perhaps, he thinks he will make his domains increase in value by creating hype. That is the lack of widsom. He is losing far more than he will gain.

- It's amazing & sad that you're so worried about how I run my business. Stop whining. If you're so bothered by my thread, stop reading and posting in it. also-ran.
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#36

10-20-2004, 03:24 AM

Originally posted by Stewie
(domains purchased years ago, sitting with no site or traffic, no alexa rating or pagerank, no popular keywords in the domain, etc). However, these guys think every single domain they own is worth $3-10k, no matter the real value.

theres a reason why they arent active
"omg, i just bought supercoolsite.com. i know nothing about web design or the internet for that matter other then whats in my aol taskbar, but that domain is supercool and i could resell it to someone later for 10 million dollars"

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DomBuyer

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#37

10-20-2004, 03:40 AM

Originally posted by SomeCreep
I know Taboo is not new in the sense that he just began registering domains or has a tendency to over value his domains. I think of him as a newbie because he has an incredibly bad business sense. Best example, is how he started that "domain" thread, which although can not be metered directly, has no doubt created an insane amount of new competition for domains. That single thread is responsible for driving up bids and searches on domains at auction (GFY is a powerful phenomenon). More competition may happen naturally over time, but the way Taboo purposely creates this, even driving up bids and searches on the same "blog" domains he is trying to acquire, is beyond me. It is stupidity and lack of wisdom at its strongest. Perhaps, he thinks he will make his domains increase in value by creating hype. That is the lack of widsom. He is losing far more than he will gain.

You're right and you're wrong.

Yes, the thread has actually created a tornado of new interest and most certainly has raised bidding prices, but you're incorrect that Taboo is losing more than he will gain, because he's raising the value of the Taboo brand, which will help him get deals done and create interest in his sites in development.
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