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- Jul 5, 2006
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My pleasure!
I had 3 names in - 1 sold for $480 that I bought for $5 last November.
Congrats. That is a nice ROI. The best deals are when both sites are either happy or not happy.
My pleasure!
I had 3 names in - 1 sold for $480 that I bought for $5 last November.
The prices of domain names are definitely on the rise again.
Let's use LLL.coms as an example; in Feb/March/April you could find LLL.com's at the $3k mark and below, you could even see some LLL.coms sell for $2,xxx ! Now the minimum prices seem to pick up towards $4k again and you will have to work your hat off if you're planning to pick up LLL.coms at low $3,xxx anymore.
Long-term I see no reason why .COM domains shouldn't keep increasing in value. The only reason we've seen such a drop in the last few months is because that the global recession has finally caught up with the domain name market.
I believe domainers are more confident, with more guts (and bigger balls) than other investors and therefore the domain market is the last to crash and the first to recover after such a recession.
some may see prices on the rise, but probably missed the fact that they were overpriced in the first place.
before the mortgage, bank and stock failures, LLL.com values were doubling in some cases and many names that were previously sellling for $1K > $2K suddendly jumped up to $4k and $6K.
these prices then fell back down to the $2500 > $3500 range and to this day still haven't climbed back their previous peaks.
i agree partially with Mike031 about LLL trading among newbie domainers, because i've seen many of these circulate from domainer to domainer over the years.
the LLL.com has become a "status" symbol of achievement for many "entry-level" domainers.
but after you've owned and sold a few...then the thrill passes.
you move on to bigger and better usage names that have a wider range of appeal to the end-user market.
imo...
i agree partially with Mike031 about LLL trading among newbie domainers, because i've seen many of these circulate from domainer to domainer over the years.
Has anyone looked at the sales figures from the recent Moniker auction? A lot of really good domains sold for dirt cheap. If you follow these auctions, you will clearly see a huge drop in pricing from over a year ago, and my feeling is it will only get worse... Good for resellers/investors, bad for domain owners looking to unload fast.
Ive noticed a steady increase in sales...rap.org really isn't all that good. It looks good from the outside but what can you really do with it?
some may see prices on the rise, but probably missed the fact that they were overpriced in the first place.
before the mortgage, bank and stock failures, LLL.com values were doubling in some cases and many names that were previously sellling for $1K > $2K suddendly jumped up to $4k and $6K.
these prices then fell back down to the $2500 > $3500 range and to this day still haven't climbed back their previous peaks.
i agree partially with Mike031 about LLL trading among newbie domainers, because i've seen many of these circulate from domainer to domainer over the years.
the LLL.com has become a "status" symbol of achievement for many "entry-level" domainers.
but after you've owned and sold a few...then the thrill passes.
you move on to bigger and better usage names that have a wider range of appeal to the end-user market.
imo...
for all those people with crap names, ie; brandable and "sound good" names.. and there is millions of such domain names being held simply for resale, well... two words:
game over
if you believe that it is such a great deal and was worth more than $x, why didn't you buy it?! why didn't you inquire previously?? why didn't you participate in the auction?
Many of us are not liquid enough to be buying up every great deal, Now considering how well you do with your developed adsense pages, How many great deals have you snatched up?
i've been buying up everything i come across that makes sense, partnering up, etc.. if there is money to be made, i am there!!
http://news.yahoo.com/s/prweb/20090430/bs_prweb/prweb2376334_1
http://www.wannadevelop.com/articles/domain-development-partnerships/
I pulled sale price history from 2005 through 2008 (source: DnSalePrice.com) and can assure anyone whoâs panicked that prices are NOT in freefall. Some softness in pricing is evident over the last six months but, as Raider noted, it looks like an excellent time to buy. I looked at comâs and, to minimize fluctuations due to inherent values, selected prices of CVC.com and CCC.com domains. Dictionary domains and any sales over $15,000 were excluded (to eliminate domains like DVD.com, etc.). Iâll see if we can get graphs and data hosted.