closed NameSales (.)com

[GhostWriter]

Would love to hear your thoughts on this one.

Cheers

 

[SeafoodMonger]

edited

 

[Theo]

$25k upwards for a brokerage brand.

 

[Biggie]

$25k upwards for a brokerage brand.

i'll call you, and add another $25K

then wait for namejet, to make a play!

 

[stewie]

very nice name :yo: $ xx,xxx - with right buyer who knows.

goodluck

 

[Makis77]

>$10k

 

[GhostWriter]

We are now at the mid $xx,xxx
Thanks for the time gents, I am starting to love this name.

 

[randomo]

I don't mean to rain on anyone's parade, but is this really that great a domain?

Within our industry, "name" is a highly used term - NamePros, NameJet, NameBio, etc., etc.

However, I'm not sure that end users (to whom such a site would presumably be selling domains) are used to thinking of "name" as a term related to domains. It would be clearer if hooked up to a categorizing term: WebNames, NetNames, SiteNames, something like that (which are probably all in use).

I can see this one fetching thousands, but mid-$xx,xxx? I'd need some convincing.

 

[GhostWriter]

Thank you all for your thoughts.


Cheers

 

[Biggie]

I don't mean to rain on anyone's parade, but is this really that great a domain?

Within our industry, "name" is a highly used term - NamePros, NameJet, NameBio, etc., etc.

However, I'm not sure that end users (to whom such a site would presumably be selling domains) are used to thinking of "name" as a term related to domains. It would be clearer if hooked up to a categorizing term: WebNames, NetNames, SiteNames, something like that (which are probably all in use).

I can see this one fetching thousands, but mid-$xx,xxx? I'd need some convincing.

if it were your "name", how confident would you have to be, to ask mid 5 for it?

given the insider knowledge you have of "our industry" where "name" is highly used term.


unless you think the examples of "name" sites you mentioned values', are less than mid 5 figs, or....

you think only other domainers would be interested and that they/we, aren't willing to pay that much?

 

[randomo]

if it were your "name", how confident would you have to be, to ask mid 5 for it?

given the insider knowledge you have of "our industry" where "name" is highly used term.


unless you think the examples of "name" sites you mentioned values', are less than mid 5 figs, or....

you think only other domainers would be interested and that they/we, aren't willing to pay that much?

My point was that those other sites (NamePros, NameJet, NameBio, etc.) are selling products and/or services to domainers. If NameSales is used as a "brokerage brand" (as suggested earlier in this thread), I imagine it would be aimed largely toward selling domains to end users. Since end users don't associate "name" with "domain" as much as domainers do, it's a less perfect fit.

In any case, if somebody has offered mid $xx,xxx for it, I'm delighted for the seller.

 

[WhoDatDog]

The name is nice but likely not worth near anywhere what some of the high guesses have been. They are guesses, because not a soul here would offer anywhere near mid five figures for it. I would bet a lot of money that there is not a person here who would offer 25K right now. So, go ahead and appraise at fantasy prices if you wish. The other thing to consider with this pie in the sky perfect world scenario appraisals, is to ask yourself the question. If you were the OP, how much guts do you have? Could you turn down 20K for the name and sit on it, potentially until your death bed?

It is a pretty good name, but it is NOT a name that anybody ever has to have. It doesn't bring any material traffic at all, and if you started a domain sales platform without this name, you wouldn't lose a night's sleep if someone else bought this name and started up a site. This name is worth what the highest offer from a domainer would be right now, and that number is not in the ballpark of these crazy high numbers. Just because there is a small likelihood that somebody some day might want the name, and potentially they might pay a big number, does not make the name worth anywhere near that.

If I flip a coin three times in a row, I will call the flip correctly all three times a little over 10 percent of the time. But I don't get paid until I do it. The value of that series of flips is not worth the best case scenario. It is worth the starting value. Another way to look at it is to imagine a bag of 4 red balls and 1 black ball. If you pick out the black ball you win 1K, and if you pick up a red ball you win nothing. If you tried to sell your potential gain at fair market value, you won't get 1K, because that is the best case scenario, and it is only happening 20 percent of the time. $200 is break even value on the attempt. You have to factor in the odds of getting the highest value.

I don't understand how this can go on year after year after year with appraisals. There is close to zero chance that anyone here would pay 20K for the name right now....I am talking all forum members....tens of thousands of people, many of whom are the most knowledgeable domainers in the world. Yet, people will throw an appraisal out that they would NEVER pay in any circumstance.

Someone could easily prove me wrong by offering at least 20K right now for it. At least at that point I might take these appraisals seriously.

One final analogy. Say you had a family member who entrusted you to safeguard one million for them for the next 15 years. Would you ever in your wildest dreams put 50K towards NameSales.com? I didn't think so. And that is with a million dollars to protect/invest. I can imagine someone might go 10K, but even then, you would have the whole universe of domain names. There are better names out there for 10K. Names that will pay you to own them, while you wait for the perfect scenario. If someone you cared about only had 10K to invest in this whole world, could you in good conscience have them buy NameSales.com with it? If you appraise near 20K then that is in effect what you are saying. You would be comfortable investing your child's college money at a 50 percent discount to your appraised value? Yeah, right.

Let's do one final analogy, and that is it. Take the top 100 domainers in the world. Put 20K in front of them to the left, and NameSales.com to the right. They can pick either one. How many take the name instead of 20K? That number is very close to zero, if not zero. 20K cash or the name. Easy choice. At what price would at least half of the top 100 domainers in the world choose the name over the cash? That number is a lot lower than you can possible imagine.

OP has some good names. I gave him a good appraisal recently on a name, so it is not personal.

 

[GhostWriter]

Haha, there is no way I would take anything written in this thread personally, it's an appraisal thread, a free one at that....I do think the name may grow on you overnight though, who knows, you may even wake up with more than one black ball.

 

[katherine]

The domain is good but it's only good for domain name sales.
There are not many qualified end users out there, because most domainers won't pay fair value for this domain.
More realistically I think you are looking at low- to mid-$,$$$. Only Frank would possibly pay more. Good luck

 

[GhostWriter]

Any domain is worth what you can get for it...i haven't tried to sell this domain name and have already had excellent offers on it. i hope everyone has a great day and plays with house money.

 

[Biggie]

The name is nice but likely not worth near anywhere what some of the high guesses have been. if you wish. If you were
if you started if someone else
If I flip a coin If you pick and if you pick If you tried If someone you If you appraise if not zero.

OP has some good names. I gave him a good appraisal recently on a name, so it is not personal.

geez, this ain't personal either 'wdd',


but dat's a lot of "if's" to keep up with

 

[SocialInteraction]

A unique situation where the domainer is the End user....

So is the person buying the domain a end user or domainer..... I am sure he will argue the latter lol...

 

[Texx]

Who would you sell this kind of domain too ?
an end user ?
a reseller ?
there are more names like this available if you know where to look, is there something special about "name sales" ?
or could any name+keyword domain become potentially a high xx,xxx domain like some of you are saying ?
these are the things that come to my mind when reading this post

 

[GhostWriter]

it's just a magical name I may never sell. Thank all of you for your time, I think it's time to put this thread to bed.