Advice on 3L.com prices

[MAllie]

I put this here because, although I joined in 2008, I'm still very much a newbie where buying is concerned. I've been looking at 3L.coms (on Bido today and elsewhere), and am wondering what's the correct range of price.

Obviously, some are better than others, but maybe there's a range outside which you shouldn't go. I must admit I find appraisal (of my own domains and others) absolutely the hardest part of domaining. And I understand why it's so hard to put a firm price on a name, but a range would be useful.

 

[axeman]

You can keep a track of minimum industry price/s here, http://www.3character.com/2011-may.html

Hope that helps.

 

[Biggie]

I put this here because, although I joined in 2008, I'm still very much a newbie where buying is concerned. I've been looking at 3L.coms (on Bido today and elsewhere), and am wondering what's the correct range of price.

Obviously, some are better than others, but maybe there's a range outside which you shouldn't go. I must admit I find appraisal (of my own domains and others) absolutely the hardest part of domaining. And I understand why it's so hard to put a firm price on a name, but a range would be useful.

as a buyer, the correct price or range is what you can afford or are willing to pay


now either you are a flipper or you are an investor


if you flip, then getting right pricing is more of a challenge because you want to turn it over quickly.

investors look long term, so current price may be high for you (the flipper), but may be low for the long term investor


check this old thread (04) http://www.dnforum.com/f5/3-letter-com-sale-thread-48782.html


and value of similar domains 7 yrs later.



if you need help with a specific domain, shoot a pm and i'll give it my best

 

[MAllie]

Thanks, axeman and Don. So helpful, as always.

I'll check out those links. I haven't got anything specific in mind at the moment, but I've been looking around for what I hope will be the not-too-distant future.

 

[Biggie]

Thanks, axeman and Don. So helpful, as always.

I'll check out those links. I haven't got anything specific in mind at the moment, but I've been looking around for what I hope will be the not-too-distant future.

when i first started domaining, to get a LLL.com was the trophy


but after you've bought and sold a few, the thrill wears off


especially if you find something cheaper to invest in, which has a higher roi potential

when i was buying LLL com, prices where $300 > $700 for low to mid tier

one could easily turn over for double, triple or more in a few months as prices were rising much faster then, than they are today.


today, if you bought one at $3K > $6k, it would be an uphill battle to double or triple your money in the same time frame, unless you got end-user access or you just get lucky.

this category has become the flippers specialty, where they buy at $3k and flip for $3500 > $5K


some with more gut can get more, but a few are taking hits to liquidate and buy something else.

the biggest attraction is that they are movers, in that someone will always be making an offer, but it may not be the offer you like.


so before you spend that $3k or more for one domain, think of how many other domains you could buy that may have traffic and revenue.

revenue that could "sustain" your current portfolio and provide income for future investments.



imo...

 

[Johnn]

Quit buying LLL.com a couple of years ago. I sold about 50 LLL.com before I quit.
Reasons:
- Too much investment - I can use the same amount of money and buy several LLL.net or LLL.org. I did sell a couple LLL.net in the range $5K - $15K each
- TM issues
- If I need money - I can sell the net or the org names easier than the com

Just my 2 cents.

 

[MAllie]

If I need money - I can sell the net or the org names easier than the com

Just my 2 cents.

Why do you think that is, Johnn? Is that not unusual? I thought that dotcom was always preferable to dotorg or dotnet. Has conventional wisdom changed lately?

 

[Johnn]

Why do you think that is, Johnn? Is that not unusual? I thought that dotcom was always preferable to dotorg or dotnet. Has conventional wisdom changed lately?

How many people would have 5K and up (for a dot com) vs under 1K for dot net? You do the math.

 

[Dopa.com]

How many people would have 5K and up (for a dot com) vs under 1K for dot net? You do the math.

I'd like to take .com with 5K.

 

[ukbackorder]

I've bought and sold a few. However I prefer to buy them during weak economic times and sell in stronger times (can take years). I think they're quite a solid investment as, has already been said, they are liquid and can be shuffled in times of need or marketed to endusers more easily than other domains. With regards to prices you need to factor in the strength of the letters, acronyms that may attract the elusive end-users, and development possibilities. I have paid 5 figures for 3-letter domains that I've sold months later for double or triple. I have also paid 5 figures for some that I've ended up letting go for either break-even or a small profit depending on my need for the cash (actually lost a few k on a couple). I do think it's a buyer's market at the moment with quite a few floating round in the sub $5k range although these tend to be the domainer to domainer shuffle types. There are still some bargains to be had though I'm noticing a general slow increase in sellers expectations. I may be wrong but I don't think we'll be seeing the same pricing a year from now. I think people who buy and sit on them for now will be the winners.

 

[MAllie]

I've been looking at a couple lately but one particular one on Bido that's closing very soon. The initials do make sense in that they already seem to be short for a well-known word with an authoritative ring to it, as well as being short for a well-known woman's name. It's in the 3k range and I just wondered why it would be going so low.

 

[axeman]

I'm pretty sure i know the domain you are referring to but if im not mistaken it has a reserve on it so i doubt it will go cheap.

 

[MAllie]

I'm pretty sure i know the domain you are referring to but if im not mistaken it has a reserve on it so i doubt it will go cheap.

Just saw your signature, LOL. Hadn't realised it could be yours.

 

[dominator]

i sold LLLs (no Qs, Ys, Zs) for 5K in the 90s and for 7-8K 2-3 years ago
so their prices actually dropped...

 

[Theo]

It's all about selling to the right buyer. Even in this economy you can get 5 figures for not so great letters. Want to "kill" a domain? Sure, no problem; pawn it at Bido or eBay.