Large number of LLL.com Sales?

[michaelg314]

Thanks Lorenzo. I agree.

 

[sashas]

Italiandragon, if you see LLL.coms reach $100K in 2 or 3 years, then do you see LL.coms at $1 million plus in 2-3 years? Just curious on your thoughts.

By the way, I'm selling a pronounceable LLL.com (wuz.com) on greatdomains next thursday. It will be interesting to see how it does.

Domainer Commandment no. 4:

Thou shall not list thy LLL.coms at Great Domains auctions.

Hi Michael,

I think that LL.com are UNDERPRICED at reseller market simply because not many resellers can afford their costs so sellers are willing to let them go for amounts that I woul dnot if I had one.


Take for example the value of average LLL.com which is now around $20,000

Then multiply it per 26 and you get $520,000

And then add the rarity factor which is greater since not all LL.com are ALIVE.

So, even for the crappiest one, like QX.com or whatever you think it`s worse, I`d put it at minimun $250,000.

In the next years , also I see their value going up like for all short .com

Three things:
1. No commodity follows a linear pricing pattern. If LLL.coms are growing at 30% p.a. currently, they might grow 40% next year, 4% the next.

2. In my opinion, domains are highly over priced. Quality LL.coms listed for sale at most auctions last year failed to be sold. Same goes for most other quality generics. Even though I agree that such auctions are full of resellers and very few end users, it does give an indication as to the value of domains.

3. Domain prices vary across buyers. This gives most owners a false impression of the value of their own domains. UNet.com sells for a 100k, and half the domain world starts believing that u+word domains are the real thing.
Same thing happened with Seniors.com. A fluke sale made owners of other not-so-amazing generic .coms increase their prices by 100%. Go to Kill.com. This guy's been trying to get 100k+ for his domain for the past several years
Even appraisals industry wide are grossly inflated. This gives domain owners more overinflated ideas about their domain values.

 

[italiandragon]

Domainer Commandment no. 4:

Thou shall not list thy LLL.coms at Great Domains auctions.



Three things:
1. No commodity follows a linear pricing pattern. If LLL.coms are growing at 30% p.a. currently, they might grow 40% next year, 4% the next.

2. In my opinion, domains are highly over priced. Quality LL.coms listed for sale at most auctions last year failed to be sold. Same goes for most other quality generics. Even though I agree that such auctions are full of resellers and very few end users, it does give an indication as to the value of domains.

3. Domain prices vary across buyers. This gives most owners a false impression of the value of their own domains. UNet.com sells for a 100k, and half the domain world starts believing that u+word domains are the real thing.
Same thing happened with Seniors.com. A fluke sale made owners of other not-so-amazing generic .coms increase their prices by 100%. Go to Kill.com. This guy's been trying to get 100k+ for his domain for the past several years
Even appraisals industry wide are grossly inflated. This gives domain owners more overinflated ideas about their domain values.

sasha, sometimes I don`t know if you are the same person every day.

What`s $100,000 these days? YOu can`t buy not even a 2 bedroom house here.
What a TERRIFIC .com for a multimillion dollar company instead?

LL.com failed to sell because NOT MANY resellers don`t have that kind of money, simple.

 

[keyser]

Domainer Commandment no. 4:

The real number 4 :
Know you heard this before
Never get high, on your own supply

http://www.metrolyrics.com/ten-crack-commandments-lyrics-notorious-big.html

 

[italiandragon]

By the way, I'm selling a pronounceable LLL.com (wuz.com) on greatdomains next thursday. It will be interesting to see how it does.

Selling at those auction is something I won`t do it unless they STOP ending the auctions ALL AT THE SAME TIME.

It`s crazy, too many names , they should end at least 30 minutes later each few...split them in groups so everybody can follow the last minute bids.

So it happens that some names UNDERPERFORM......good for bargains if they are NO RESERVE so I think it`s good for buyers but not for sellers.

 

[sashas]

sasha, sometimes I don`t know if you are the same person every day.

What`s $100,000 these days? YOu can`t buy not even a 2 bedroom house here.
What a TERRIFIC .com for a multimillion dollar company instead?

LL.com failed to sell because NOT MANY resellers don`t have that kind of money, simple.

Lol Lorenzo. Its just a modification of views, and a lack of explanation on my part.

Part of what I meant when I said that domains are highly overpriced is that domains are overpriced across the field, meaning that people are expecting the same price for crappy domains, as they are for the good ones.

For example, I once put up a wanted thread for .in names, with my budget range upto 10k. The kind of crap I was offered for 5-10k was ridiculous. This "noise" and overpricing by resellers just turns most end users off; I was definitely not going to pay 10k USD for dinosaurs.in, as I was offered once.

Go to Sedo and check out their Featured Domains category (where you have to pay to list your names). You'll see more overpriced crappy names than what you thought you might have seen.

So while there is a chance that someone might even buy your overpriced crappy name, it doesn't mean that every crappy name should be overpriced. Seniors.com for 1.8 million doesn't make SexySeniors.com worth even half of that...

 

[Theo]

sexy seniors LOL

 

[PRED]

sexy seniors LOL

:smilewinkgrin:

I'll take the milf though

 

[DomainMagnate]

Confession 1 , I have sold $73,600 worth of LLL.coms in the last 30 days

Confession 2 . I have bought more than $117,000 worth of LLL.coms In the last 30 days


Feel free to draw your deductions

The question is the ROI, for all we know you could be selling these for 15% profit.. minus the 10% fees

 

[Johnn]

A lot of people will flip for a quick profit - not too many people would want to hang on these 'heavy' names.

JMHO

 

[sashas]

sexy seniors LOL

some people are into that...:-#:

 

[B.King]

That is not the point , what I am saying is that although I am selling a lot of LLL.coms I am buying even more , the outlook on these seem to be great