I think that's a bargain, if not a steal, at $30K. You agree?

thats what i was damning. we could have split that 1 for fun.

damn

all right lets turn this into an appraisal thread...

www.BuyingUsed.com

i have this and also www.SellingUsed.com

Buyingused i've already had a custom backend coded and everything set up... its going to be a site simular to ehow.com... except its going to be tutorials on HOW to buy used things and what to look for... i.e... what to look for when buying used sterios.. what to look for when buying a used car.... etc etc....

think it has potential developed? or is the name worth anything?

myshopping.com just sold at pool.com this morning for $47k, and it was an expired domain name.

Thanks a lot for the feedback KRL, and fast too. I appreciate it.

I suck at selling domains, and i have lost 1 or 2 good domains do to me not knowing the value of them. Somebody offered me $80 for findlocalmen.com and i was actually proud that i laughed at the person.

I will eventually learn the technique to pricing domains, especially these two.

those are worth every red cent you can get a buyer to pay for them and not a penny more.

xxxx range without backend or anything like that, just domains would be my guess high xxxs i guess.

You think if i contacted classified companies they would even consider it?

you seem apt to sell them, are you?

It is definitely worth a try, i am thinking about doing the same. Matter fact, after what KRL said, i am 95% sure i will give it a try. Would never know unless you try.

yeah but i think they are worth a lot more then xxx range

I also have fucklocalgirls.com

Any opinion on this Brand0n?

Thanks for the weed.com email btw, my friends love it especially after internaltional weed day just went by.

reg fee, imo.... no offence

none taking, i figured i would just throw it out there.

I am definitel going to pursue a buyer for the first two though.

Nice domaisn you got there as well.

Yeh, the prices are skyrocketing recently. Even 2 and 3 word domains are starting to move at impressive prices.

I think a shit load of money is going to be made if you bought a ton of domains early on.

Venture Capital companies are moving in on the action as well and scouting for whole portfolio's to scoop up.

But seeing MyShopping.com go for $47K pretty much tells you loudly where the market is heading the next few years.

thats one of the ones youll have to build to make money with

but with geoip being the way it is, that could really take off. you should do it up and talk to a big name about getting it into there line up. alot of people dont know about that, but some major sponsors will adopt nice looking sites and have there webmasters advertise it and split the profits

thanks for scoring the email, we are still doing the skin up for the client as its pretty generic right now, but that will be up 2 date shortly

tell your friends to go snag them a couple up lol, weed.com should be the hotmail for stoners :thumbsup

how much would fucksakes.com sell for... I sold that awhile ago.

when can you get us some vent capt to develop bach.com mang! :helpme

for real??? I didn't even bother to put it on backorder. Wouldn't have mattered either way lol

yeah the market is getting tighter and tighter. Its going to be very lucrative for many people that have a bunch of nice names. I think it will be the same type of business as real estate has turned out to be over the last 50 years.

oh yes, I wanted to pick it up, but my max was going to be 15k, and when I saw it already at 21k I did not even bother with it, and it ended at 47k, we will have to wait and see if payment is made, but pool.com is usually good with auctions, and it seems two heavy hitters went at it on this one.

I never thought about it like this. It is worth a try, i will also shoot out a couple of emails to some companies in that field. Will see how that plays out. Thanks for the advice, i will hit you up on aim, in a bit if that is ok with you.

myshopping - nice pickup but I would of figured 10-20k at most.

Pxxx,

it's always good to try and reach a potential customer in the same industry / theme, field, etc if your trying to sell a domain. It's only a bit of work and can't hurt. Might open up there eyes and say I better buy this from them before a competitor does or something like that.

Very true, i have listed that in my "to-do" this week list. I will go after some companies in the same area, and lets hope all works out ok.

Pricing is the toughest part. There are so many variables that enter into the equation.

With Men.com for example to me it was like buying real estate. I knew in the worst case I could always sell it for what was paid so it was like buying a real life property with inherent ground value no matter what biz model I put on it.

This month it goes on autopilot after a year of building with minimal overhead now. So now the cash flow will be about double what was on there before buying it and the ROI is great. I also have a possible merger/acquisition deal on it we're working that is very very tempting considering its only been a year.

So you have to say to yourself if you can make 3 to 1 on your investment in a year is that a good price? Yes and no. It depends what your philosophy is on making money. You can hold it, let it gain in value, or make a quick nice hit. Either way you come out great.

So the point is you can't regret your selling decisions and this factor impacts the price. Because you can't be greedy if you want to sell something. You have to go with what the market bears and what buyers are out there at the moment and again there is nothing wrong with making a nice profit, or a fantastic profit. The idea is you bought something for X investment and sold it for Y and made something.

A good thing to do is test the market. Put feelers out there and see the responsed you get. Generally you'll get a good idea fast what kind of range you can hope to get.

Realistically right now I could get between $2 to $3 Mil for Men. Maybe a year from now another mil. And so on. So anyway you look at your pricing its what it is at that moment and you should just say to yourself OK now is a good time to take out your profits on the deal or wait for more. Again it all depends on your personal perspective.

On the other hand you don't want to hold on to investments too long. Often this is when you miss the peak price selling moments. Buying and selling is where the fun is also.

You can also become a bit eccentric like from domaining. I'm kind of having this happening to me where I'm buying so many domains its becoming obsessive every day. Most other large portfolio domain guys have this same problem. They can't stop themselves from buying more and more and more domains. Point is you have to condition yourself to becoming a seller aka trader also. Become as obsessive in selling and taking out profits as you are in buying.

Well put KRL. Learned some new stuff from that post alone. I must admit, when i DO buy domains, not from other people, but from the registrar, it does become obsessive, so i try to control myself on that part. Now i am focusing on what to do with those two, before i look on to buying another, even though there is one domain that i want to snatch up now, it is available, but i am thinking about it a bit.

Developing is another major discussion.

There are many pitfalls that can nab your revs when you get into development. It becomes just like the real world of building buildings.

I've had a really big insite on this in the past year. We just this month got to the point of being able to put Men on near auto pilot now and have gone from an infrascructure based model to a virtual managment model. So now the overhead will go to minimal and the profit margins will zoom.

In the process of the first year though there were things we tested that were a total waste of invested time. And when you build you pretty much have to do this to find the precise highest margin way to go. So you have to be able to solidly stay on top of continuous assessment of the buildout to make sure you don't go into a direction that won't work even though it appears to be or you think it will eventually. You have to be able to see ahead of yourself basically. A lot like playing chess. And its very hard to do because when you have an infrastructure model with staff you get a different opinion from everyone working for you. The key is to rely on your own gut instincts. Listen to others, but make your management decisions based on your own experience and strategies that have been successful before.

Will do :thumbsup

Taking notes, keep em coming. Haven't been a real business thread like this on gfy in sometime. You, DB, Marty, and some others always manage to come up with good business threads. Thanks for all the info you are sending my way.

Ilove when you write stuff i have to rpint out ot look over later. Well worth the reread on this one.

:thumbsup

I have talked to some guys who do type-ins and they say the volume is slowly drying up. Is that true or was it just his portfolio had "aged" or soemthing.

In my experience, this is true, thought it depends what you mean by the word "slowly". :winkwink:

This will probably refer to when KRL spoke about holding onto your investments for too long. He probably did that and the value started to sink for him. :2 cents:

Woops, guess i am wrong. hehe.

I thought it made sense. The guy probably missed the peak of his domains worth. Just a observation from what i KRL wrote earlier.

I haven't seen that happen on the domains I have with type-in traffic or the ones I've had deals on.

Its mind boggling how steady type-in traffic. Everyday you wake up look at the stats and the traffic is there and you just shake your head how reliably it arrives like clockwork.

Type-in traffic is very reliable on the high end domains and obviously incredibly lucrative since you have zero cost of traffic acquisition beyond your investment in the domain.

I was also puzzled at reading the DNF sales thread. So many jokers showing up there now (maybe member domaintalk is AKA dntalk?). :1orglaugh :1orglaugh :1orglaugh

Anyway, glad this thread turned into something positive. Very nice to read KRL's thoughts on electronic real estate and how he plays the game. :thumbsup

Cheers

I thought the same thing. :Graucho

and what is your experience on your names?
is the traffic today on them f.e 10% lower than it was 1 year ago, or what?

Actually what I mean by that is timing is everything when you are in the selling mode.

Like right now, we've got a valid deal prospect on Men that is very tempting.

The question becomes do you take a nice pop after a year of ownership or hang on and see what next year or 3 years or whenever brings.

The thing I worry about is that when you are at this level of investment, even though I don't see anything on the radar right now, technology scares the living fuck out of me in terms of deal investing, because all you need is one major technology based way of doing things to change and your million dollar domain could be worth literally zero overnight.

For example, what if the Net goes to an audio input based system of finding things vs the current keyboard based way. Which I do think it will eventually, because the current search process is dysfunctional and typing all day is insanely a pain.

I envision the day when you will talk to your PC like a concierge to find sites and information. You won't type in what your're looking for, you will tell your PC concierge to find specifically what you are looking for.

This could have a dramatic impact on the value of type-in domains because you won't be typing in you will be telling your PC what to find.

It has to go to this because the search process is not effective from an efficiency perspective in its state. You get too many bogus search results and good ones are lost in a sea of millions of sites and it takes forever to find exactly what you are really hoping to find.





So what if

Another big factor you have to watch are regulations.

What if the government decides ok if you have a big type-in domain you have the responsibility to build a real site on there and not just a page of PPC links.

Kind of like zoning laws are in real world real estate.

It'd be like saying ok you own a premium property on 5th avenue, you can't put a 1 story house on there, it has to be a high rise building to match everything else in that league.

This could also have a dramatic impact on the type-in domains because nearly all the guys that own these don't develop them and just put PPC links on them.

So now it would mean invest and build or you lose the rights to the domain.

That could be Ouch! Ouch! Ouch! for all those guys and you'd see a mass flood of prime domains offered for sell and it would be a buyers market.

thanks for the great idea.

My type-in traffic has declined slightly over time.

People think type-in traffic is forever. It is not. It is a temporary means to finding what you want, but as KRL points out, all it takes is one shift in technology and your real estate is worthless from that perspective.

That's why you'll find most of us in the biz won't pay more than a year or two tops revenue.

:1orglaugh :1orglaugh :1orglaugh fucker. :)

KRL I agree on the technology change risk, but not on the government regulation risk.

I simply can't imagine the government ( which government? ) telling peopel what to put on type in ( or any other ) domains...

The other thing you want to do when selling is be creative.

Make it easy to buy. Finance the purchase for the seller and get benefit from doing that.

Like a domain you buy for $100,000 for example. You have a buyer at $500,000 and they have some exciting plans for it, but don't want to layout $500K.

So you say ok lets do it like this. $100K down and I'll finance the acquisition for you with 4 quarterly payments of $100K each to complete the deal and I stay in for a backend piece of 10% on it. Most guys will jump on that. So you get your 5 to 1 pop plus stay in for the long term ride on it.

I also think of the day when domain names become obsolete.

Is it best to have something (anything being better than nothing) on a domain thats being developed even prior to its site launch?

I'm asking because my partner and I are in development stages of cheapies.com and (edited to take this domain name out of public eye).com. We don't have anything as placeholders .. hell I don't think we even have the DNS set for one of them lol
after reading this I'm thinking thats not exactly a good idea

thanks for all the great info KRL

100 domain gurus helping out us idiots

I couldn't imagine the government telling me what I could or could not put on my 900 programs, but they did.

I couldn't imagine the government advertising to the public that if you don't want to pay for your 900 calls you don't have to, but they did.

I couldn't imagine the government telling me that girls moaning and groaning on a a 900 line was obscene and that I would be charged with interstate distribution of obscene material and fined $75,000 per day if we didn't immediatly shut down our phone sex lines, but they did.

I couldn't imagine the government telling me I had to have a certain size font in my TV commercials, but they did.

etc. etc. etc.

Trust me, at any moment the government can step into your business and fucking dictate a new way of doing things, with new rules, regs, laws, or just downright morally and politically motivated messing with you.

Anyone who doesn't believe this has never had it happen to them.