Comments on: Current State of the Market: Domain Broker Point of View

By: seriously

seriously — Sun, 10 Jul 2011 06:58:20 +0000

“Also expand beyond the normal marketing channels. Search “Domain Names” on Facebook groups and you’ll find lots of new marketplaces to publicize your available domains for sale. You can also find niche groups on Facebook outside the domainer world to market to.”

Yes by all means lets all go to facebook and spam each other our domains just like the good old days on afternic. We should all tweet our names on twitter too I bet.

By: Kevin

Kevin — Fri, 08 Jul 2011 02:17:36 +0000

The market just requires a lot more time now to sell domains because it’s flooded with tens of millions of domains for sale and buyers are much more selective than ever and demanding bargain and realistic prices. If you have a quality domain and it’s priced fair you can find a buyer. It’s just not 1 2 3 sold anymore. You have to do marketing work to find buyers.

There are still big 6 and 7 figure sales happening. Most of those are under NDA’s and not publicized.

This is a good time to do creative deal structures offering owner financing for example or doing sales and joint ventures with retained equity for the seller like Rick just did with Property / Properties.com.

Also expand beyond the normal marketing channels. Search “Domain Names” on Facebook groups and you’ll find lots of new marketplaces to publicize your available domains for sale. You can also find niche groups on Facebook outside the domainer world to market to.

By: Seymour Fees

Seymour Fees — Thu, 07 Jul 2011 19:41:50 +0000

Wonder if the notable, recent aggressive increases and escalations in brokerage fees & sales commissions by some entities will have an effect on the volume of trasactions over next year or so ???

Those increases might backfire on some brokerage operations and domain sales platforms, whereby they end up making less money rather than more because the sellers balk and do not list/engage as may domains beacause of the hefty fees.

By: patrick

patrick — Thu, 07 Jul 2011 18:04:41 +0000

Quality Quality Quality product service domains.
Keep only the best descriptive domains and hold them.
Icann new tld releases and blog speculation makes the domain market look like the stock market.
The fewer domains you have the easier it is to sail through the slow periods.
I have invested in some future trend domains after a lot of research on the subjects, energy storage, vanadium redox batteries this one was a gamble but is now poised to be the top grid/solar/wind storage battery but only because of many converging paths,need huge mineral finds a nearby rail and shipping infrastructure and increased storage capability venture capital ect, also bio fuels and waste and water and environmental management all growing industries but not yet there.
Read science journals financial news green technology sites read everything and hope you got it right.

By: domainer

domainer — Thu, 07 Jul 2011 05:08:33 +0000

Very true. The domain industry has hit a slack, and sometimes I also wonder which domains to keep and which ones to let go. Moreover, everytime I quote a price, I try to reduce it by few dollars which I would have easily increased in the olden days.

By: Dave

Dave — Thu, 07 Jul 2011 03:41:36 +0000

@ jblack. Great catch. Rough numbers of course but I meant to say twenty trillion dollars per decade or two trillion dollars a year.

By: jblack

jblack — Thu, 07 Jul 2011 02:31:15 +0000

Good article Elliot. But this phrase “…twenty trillion dollars a year in inheritance in North America…” is in serious need of a fact check.

By: Gazzip

Gazzip — Wed, 06 Jul 2011 23:45:29 +0000

Great article Elliot, very interesting read.

By: SL

SL — Wed, 06 Jul 2011 21:22:19 +0000

@Rob: Ok, that’s what I suspected. Thanks for responding.

By: Rob Sequin

Rob Sequin — Wed, 06 Jul 2011 21:01:58 +0000

“future trend” is the definition of speculation so from my experience I haven’t seen any interest or investment in that direction.

By: SL

SL — Wed, 06 Jul 2011 20:51:22 +0000

Great article Elliot. Nice to see some down-to-earth observations and advice from folks in the trenches.

At the risk of turning this thread offtopic, I’m genuinely curious if brokers are seeing any action in the whole “future trend” space. Are any end users buying ahead of tech that is a couple years away from mass adoption?

By: Rob Sequin

Rob Sequin — Wed, 06 Jul 2011 20:34:11 +0000

Elliot,

Thanks for posting my input in the article above.

The way I read it, all the brokers seem to offer a similar points of view.

If current and potential domain investors want to take something away from all this I would suggest this:

1. Buy quality and not quantity
2. Invest in what you know
3. Don’t speculate outside of your area of interest or knowledge
4. Today I think it’s wiser to focus than diversify.

What other constructive comments can readers add to this great article?

By: BullS

BullS — Wed, 06 Jul 2011 18:25:04 +0000

From BullS (Creative CEO) of……..

Domaining is great…I have all the BS fun …