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All of my LLLLs have one or other of the letters that the Chinese do NOT like. Even the odd name MVQV is not good enough for them.
As far as LLLL.com's many of us should not have regrets. I renewed many of them for a few years all the while not being able to get $10 for them, some I even dropped. Now those same domains are worth several hundred at least, what you mention in the previous post is familiar to a lot of people, that LLLL.com category was a popular one. If you had dropped them all after a year or had rushed to sell them even at a loss too soon then it would've been a bad move, but in my case I gave them all the patience I had, and if it still didn't work then you just swallow it
I used to own several not brilliant LLLL.coms and a pronounceable one. They were not selling until I tried a $9 Flippa auction. The no good ones sold fast and the better one sold slower. None went for over $100. I had them listed on GoDaddy auctions also, no bids for nearly a year. If I had kept them....
Well, I am going to sorta report two recent sales I have had of 4 letter domains. I am not going to say the names because:
1) The companies that purchased them probably wouldn't appreciate it.
2) One was a niche (acro) name and if I announce it, it may mess me up for purchasing a few more like it at a reasonable price.
I will say the first one contained a "v" and sold for $11,500 @ Afternic and was a cvcc.com
The second one I sold was this week was for $4250 and was a ccvc.com and sold it via Sedo
I would say the market is finally there. I am just sorry I didn't buy more like them when I had a chance. Ohh, my investment in these 2 names was a measly $250 plus renewals about 10 years ago.
Would you sell the domain mmcp.com?are you kidding me?
Less than 500K domains are LLLL.com , that's a drop in the ocean for Chinese hungry collectors...they managed to go crazy even for NNNNNN.com and that's 1 million of them!
Theo, I basically agree with you on some points.
This looks like a BOOM. A few points:
1. Guys are buying Chinese premiums with credit cards. If I sell something, there is always someone asking ""Hello, do you accept partially payment in another way ? Because i have a daily limit of 2.5k with escrow" and "
I'm still debating on buying some. I am not rich like you, and if I spend 5k or 6k then I will be very tight on bills the rest of the month. So, I am pondering things.."
So they are buying with loan money. Its not good sign.
2. In last 3 years I have sold total two 4 letter.com Chinese premiums to end-users. for more then $3000. And the buyers have not been Chinese. Its very low % of my portfolio. So there are not much end-users.
We can flip them between us - resellers and spin the price up.
3. The Chinese premiums don´t make any money parked. No income. most of them don`t do.
That are 3 points that made me sell some of my portfolio. You can always say, that Chinese just starting to use internet etc..
I am not saying the market can`t go up, maybe the prices go up to $3000 or even more, that I don´t know.
But for me there are some alarming signs.
also, guys buying 4 letter .net-s 5 and even 6 letter .com-s - I mean, who do you sell them? who buys them? I mean eventually everyone wants to make money
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