uh oh... is there any truth to what brand0n just said? are domains going to lose a lot of value again ?

i don't know anything about domains... but i think the fact that it has a swear word in it takes away some of its potential?? i'd also like to hear the reply to this question as i've had a couple domains with swear words in them :)

Dombuyer, if you ever want to sell funnyshit.com, let me know.

I bet it could command at least $25K to $50K, and probably more developed.

sales at weed dot com

yea me 2 :pimp

Some adviced me to go after a company, like local companies that are already marketing something related to a domain i acquired in Classified Ads.

I have findlocalmen.com and findlocalwomen.com

I don't know if the domain has the potential for me to approach local companies or those running Ads in the papers about them. DB & KRL, if you both can kindly give me your 2cent on the potential and if you think it is worth pursuing the companies for, i would highly appreciate it. Thanks in advance.

-Greg

Last weeks top 10 sales were quite impressive. 21 domains were sold in the 5 fig range.

1. CashFlow.com $56,500 Sedo
2. HotDate.com $55,000 Sedo
3. Damn.com $30,000 GreatDomains
4. VideoBlog.com $21,000 AllNetServices
5. Exploited.com $20,000 GreatDomains
6. Covers.co.uk £10,000 = $19,178 Sedo
7. Infra.com $15,500 Pool
8. AskAQuestion.com $15,261 SnapNames
9. IMGDirect.com $15,100 Enom's Club Drop
10. Delray.com $15,000 DNForum.com

damn. damn.com...damn

50 domains for sale...

Very nice domains. You could see those for quite a bit of money especially since you have the matching bookends with them.

Classifieds company yep would make a good target buyer.

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