Membership is FREE, giving all registered users unlimited access to every DNForum feature, resource, and tool! Optional membership upgrades unlock exclusive benefits like profile signatures with links, banner placements, appearances in the weekly newsletter, and much more - customized to your membership level!

closed Domain Name List...someone asked me one day to list!

This thread has been closed by the original author or DNF staff member.
Status
Not open for further replies.

garyted51

Level 8
Legacy Gold Member
Joined
Oct 29, 2002
Messages
1,379
Reaction score
0
My testimonial: I have been selling domain names for a little over 3 years. I used to have a 9-5 job that paid approx. 42k gross per year. I liked my job, but never did like doing things someone else's way! I still remember selling my first domain name, it was a name that I never dreamed would sell. ( FingerShop.com ) I don't know what possesed me to register the name to this day. About 1 year later, I had an email from the owner of ( Fingershop.net ) he had an online catalog site and wanted my dot com. He wanted to give me $200.00 for the name. I countered with a price of $500.00, which he excepted. He sent me a check in the mail in good faith. Once the check cleared, I filled out the change ownership forms and had them notarized. I then sent them to him to fill in his information, and forward back to NetworkSolutions for processing. I was so thrilled I had sold it. That was the only name I owned at the time. I then came up with ( Biovest.com ) about another year passed and another email from a NewYork investment firm. They offered $1,000.00 for the name. I countered with the amount of $2,500.00. The next day my counter offer was excepted. I was hooked! Yes...I know these were back in the hay-days of the dot com GoldRush. I bought a few more names, and then nothing happened. The days of easy money seemed gone. Then! My brother who was doing the same thing with reselling names, sold ( eCruise.co.uk ) for $9,100.00 on afternic. I knew right then, I was only playing one game from now on! I call it the Domain Game. I bought 10 names last year 2001 and sold them all. It doesn't matter how much I made, the fact is, I sold them. I won't say what the names were, because I don't own them anymore. It's something I believe should be confidential between owner's and buyer's. Yes..it's true that if I don't sell the names listed above, I will have to renew them at a cost of about $1000.00 or so. But I can assure you, that I have made ten fold that amount in the year 2002. There is no methodology to selling the names I register. I devote all my full time efforts to targeting potential buyers. Not just online, but by dropping in on business's and getting to who is incharge. It is hard to sell names, no doubt about it! But persistance pays off. I am not a smart guy in an intellectual sense, I just go on a mission to sell and I and stay persistant. The question always comes up about, How good is a name? My opinion is, that the name is only as good as someone else thinks it is.

GoodNight and Good Luck,

Gary T
 

William9

Level 5
Legacy Platinum Member
Joined
Aug 2, 2002
Messages
279
Reaction score
0
Garyted51 indicated:

I devote all my full time efforts to targeting potential buyers. Not just online, but by dropping in on business's and getting to who is in charge. It is hard to sell names no doubt about it! But persistence pays off.

Garyted51’s quote above reminds me of a great post from the respected Dnpowerful! In it, he explained the importance of a factor NOT related to appraisals – how one treats buyers!

On 12/13/02, I went to a Sci-fi convention session for writers in which a successful author (now co-authoring the AOTC book for Lucas) repeatedly stated how persistence was the factor got his first book published. [With the persistence garyted51 indicates, he sells one or two refrigerator domains each year to Eskimos?]

Thank you garyted51 for sharing the importance of the “persistence” factor in our quest to locate an end-user.
 

CoolHost.com

Level 9
Legacy Gold Member
Joined
Oct 13, 2002
Messages
3,533
Reaction score
0
"It is hard to sell names no doubt about it! But persistence pays off."

Cheers! May your persistence bring you rich rewards! :) Good Luck, Garyted.
 

DryHeat

Level 7
Legacy Platinum Member
Joined
Oct 4, 2002
Messages
825
Reaction score
0
Thanks Gary for sharing your experiences. I for one hope that your candid sharing will help some here to re-think the way appraisals are done. I've always felt that, with very few exceptions, for any given domain put up for appraisal one can only make a general statement whether its more likley than not to fetch a few/several times the reg fee over next couple of years. A point in case, just look at the comparative appraisal values of "EC.com". Its the type of domain with heaviest re-sale data in its type to support a more consistent valuation figures (especially by "pros" ) and just look at the numbers (they're all over). Would one see this kind of variation in valuation of other property such as real-estate? So, if thats where we're in terms of our ability to objectively value domains it just makes common sense that we as a group try to refrain from strong and opinionated valuative statements especially the negative type (like repeatdly putting "$0" ).
 

Biggie

DNForum Moderator
Legacy Exclusive Member
Joined
Sep 4, 2002
Messages
15,045
Reaction score
2,237
You got courage and cash, and those are two important tools to success. Determination and creativity give one the edge over competion.
The best names, to me, are the ones created from imagination.
They say that there are no more good names out there,and
everyone waiting for one to drop. I've had more sales of names
that I've created than those picked from dropped list.
"Keep on trucking"
 

garyted51

Level 8
Legacy Gold Member
Joined
Oct 29, 2002
Messages
1,379
Reaction score
0
Which names do you think are best from list?
 

StockDoctor

** Mr. Pink **
Legacy Exclusive Member
Joined
Aug 6, 2002
Messages
2,455
Reaction score
0
Goldexchange.us
GovernmentBonds.us


Your two best imho.
 
Status
Not open for further replies.

Who has viewed this thread (Total: 1) View details

Who has watched this thread (Total: 1) View details

The Rule #1

Do not insult any other member. Be polite and do business. Thank you!

Members Online

Premium Members

Upcoming events

Our Mods' Businesses

*the exceptional businesses of our esteemed moderators

Top Bottom