A few days ago, I received an Instant Message from an acquaintance who told me about a new (free) service his company, First Beat Media, recently launched – LeadRefs.com. The site aims to help domain investors find buyers for domain names.
Essentially, the service does Whois searches for similar domain names and provides contact information for those domain owners. I assume the company uses a proprietary algorithm to determine which domain names are similar enough to the domain name for sale that it might be worthwhile contacting the owner.
I didn’t reply immediately to the IM because I was in the middle of a couple things, but I visited LeadRefs.com after dinner. I did searches for several domain names I hadn’t been able to sell during the last year, and I sent several emails to potential buyers.
One domain name was a real estate domain name I bought in the aftermarket last year. I sent 5 emails to prospective buyers for this domain name, including one at 8:36. Two minutes later, I had an offer for the domain name, just under my asking price, and I agreed to do the deal. Within an hour, the deal was finalized using Escrow.com.
I don’t recall closing a deal so quickly in the past. Additionally, I received replies from other potential buyers asking for prices. The domain name I sold was priced, and I used a fairly simple email to sell the domain name.
With great domain names, you don’t really need much effort to sell it if you have a targeted audience. This tool helped me close a deal, and I am absolutely going to use it again.