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high end domain buying, holding and selling
how much are the top people making? i know Webfather is worth millions, but how many more are making mid 6 to low 7 figures/year, just with the domain market? just curious as to what the potential is - seems like a hard business to scale up since there are only so many quality domains...
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I am.
:glugglug |
I doubt there are more then 50 people making nice money from the business ... you need a lot of money already to jump in
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Quiet,
Good questions there. Domain buying and selling is like anything. You try and buy low or at a good price and sell high. We bought tons of domains in the old days and if the price is right, we sell 2-3 a year or so. Unless it's a super generic word or has good typins / traffic, always be careful and study before buying. Kinda like the stock market, speculation you know. Like I got oilforsale.com a few years back, not that good of a name at all, but you know everytime there is a gas crunch or prices are going up alot, I get 3-6 emails about selling that domain :) Lots of other examples you know. With a bit of a shitty economy right now, it's a good time to buy some domains and put them away for awhile. |
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im buying
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Im buying spanish domains! :thumbsup
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I imagine Slavik is doing pretty well in the game.
WG |
WG,
Slavik knows the domain industry very well :) |
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and i am also buying, but extremely cautiously. sometimes i think it would be a good idea just to hire someone knowledgable in the field in order to allow me to move a little quicker... |
herbal.com is for sale @ $85,000
It's caught my attention |
I've got a strategy in place and its working perfectly so far.
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What type of return are you looking to generate? There are a number of ways to play the game: generic acquisition/resell, ppc income, development, etc. Say you invested $500k in domains this year, how much would you want back same time next year? |
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That's not fun or exciting at all. |
Im doing a okay per month.
I buy domains for cheap and sale for a bit more. Current domains i just got my hands on. Kills.Info (received offers at $50+) (paid $6 for it) 6KA.net (reg fee) (appraised at $20 min) And a lot more domains. Its not much that i make but im not heavily in the biz |
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reg em .. sell em for 20$ build a nest egg and start buying better domains at say 100$ .... ect :) |
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Best way. But regging is a business in its self. I read and pay attention to it a lot, its like a hobby. For example some fucktard let 7e.org expire today. Guess how hard it would be to just "reg" that domain. For me, i started off searching and finding GOOD domains for $3-$8 Domains that i bought for less than $8: 6ka.net (the character) Kills.info (one word) TheGameTalk.com (getting offers on this) And some more |
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you got any good domain forums ? for selling / buying /aparasels? |
The hardest thing in the domain biz is not buying, but selling your precious domains.
Once you get hooked it's very difficult to part with your properties. It's like art collecting. You fall in love with your paintings and no matter how much you get offered you just don't want to let go of them. :1orglaugh :1orglaugh :1orglaugh You wouldn't believe the offers I've turned down on some of mine and its only going to get worse when we do TV this fall. :helpme |
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You would like it. Different attitude though. Hard posting at GFY then going there and having to watch what you say |
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as long as you get money out of it... |
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When you buy something for a mil and someone says I'll give you 5 for it and you havn't even had it in your portfolio for a a couple months yet and you say no thanks not interested. :1orglaugh :1orglaugh :1orglaugh |
another question. right now i use directnic for new domains i've been buying. how secure is it? what are people using for security?
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I see so much domain buying and selling, but not enough domain developing and branding.
IMO developing and branding is where the real money is, not just buying/selling. |
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Think of it this way. You bought a domain with intentions of developing it, and you mihght have already started. Its hard to part with it. I own atleast 4 GREAT domains that would make GREAT sites just sitting around. When i get an offer i will sell, no attachment |
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General words are the only thing that I look for in this market. Only problem that I have found is getting one.:Graucho
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B I N G O, B I N G O, B I N G O, and Bingo was his name o. :Graucho |
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Not quite. Unless you have the time and money then go for it. But i have had situations like this: Got a domain at an auction for $7. Great Name. Put it on sale that same day and bank $20+ $20 for a few mins work |
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KRL - At the moment, I think buying is the hardest thing to do in this biz. Not due to lack of capital or acquisition power. But rather due to over-saturation, competition, and overall scarcity of these names. Additionally, the late 90's bubble didn't help these original domain owners with gauging the market value of their domain name. The deals, at least in my opinion, are becoming harder and harder to find. Those rare deals that are in fact out there, are becoming swooped up immediately. Hundreds of speculators doing bulk lists of emails each day, fishing for domains. :( |
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WG |
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He answers the phone himself and will give you personalized service. Its like having a private investment banker which is what you should have in your league. |
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As a return on your investment, yes, buying at $7 and selling at $20 is a good ROI, but you would have to be able to do that like 20 times a day (every day) to even start making some worthwhile money. |
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