With almost no barriers to entry the business is filled with all types of people.

Again, this is something that I wouldn’t do because it wouldn’t benefit my business, but it’s something that others might do.

I view each name as unique if I wanted $8,000 and someone told me they bought a name similar because that’s all it can be, no two names are the same. I would say go back to that seller and would not reply again until their email said sold for $8,000.

Again IMO

Yeah, I assume many have since I use my name, and the blog comes back at #1 for searches of my name. I think it’s helpful because it shows I have a fairly strong web presence and am not going to disappear into thin air.

If anyone would need a reference, I can provide plenty from within the domain industry as well as representatives from large companies with whom I’ve done business flawlessly. I’ve volunteer references before, but nobody has ever asked for one.

Generally speaking, when I make a deal to buy or sell a domain name, I suggest Escrow.com, which removes most uncertainty anyway.

In addition, when you offer good money to buy a domain asset or you are offering a great domain asset at a fair price, that’s the most important thing.

It seems kind of silly. I try to think of an instance where buyer would like to broadcast to the world when they gotten a good deal.

You’ve been saying that for over a year and you never seem to follow through. By all means, stop wasting your time here. Good luck with your business. I really mean it and am not being sarcastic in wishing you well.

Elliot, I hate to tell you this, because I’ve caught you in way too many hypocritical positions, if you don’t start doing things that benefit the industry, I will stop coming to this blog; I know you’d say “good riddance”, well, good riddance it’ll be. I’m not going to be blogging in a place where there’s recalcitrant, and obstinate selfishness, and hypocrisy.

Again, I personally haven’t used this tactic before.

Anyway, I’m on a mini vacation and an signing off for the night.

2,000 +/- people visit my blog every day and not all are domain sellers. I can think of two people off the top of my head who do this strategy and have told me it works sometimes. When they buy off of domain investors it doesn’t work as well. When they buy a name from one of the millions of other domain owners who don’t read blogs and they show them a comp in their favor it’s more effective.

This isnt something i do or would do, but it’s something that could benefit someone who does read my blog.

Can you point to any domainer, or blogger whose business model is not selling? Everybody is a seller, everything is for sale, as they say in sales. Some people are analytic, some are expressive, some are patriotic, but all are salesmen and women. So, it really makes no sense when you use your “model”, by which you mean that you engage in selling domains full time, it doesn’t give you an excuse to be different. Let’s work together, join the industry, let’s have a uniform way of judging domain value, report your sales to the index like everyone else, you can make exceptions when the buyer requests anonymity. But your excuse that it may expose your cunning bargaining, is, well, frankly, …bullshit. I know you can see how reluctantly I said that. I had to say it.

@Nadia
Good for you. I have never seen you admonish Elliot all these years. It’s good to see you free yourself. You are right. Elliot is wrong.

As someone who buys an resells names I would not want to report a great purchase price. However of selling wasnt my business model I would be more inclined to report a great deal in the hopes that it helps me on future acquisitions. Just a thought.

Because they bought on a handshake deal with a longtime colleague who had no use for it, they paid $1200. But $1200 clearly isn’t the *value of the name.* It’s a one-off “steal.” Do you think they’re going to want to advertise that?

Why would you advertise anything other than a transaction that (in most people’s eyes) reflects the true value of the name?

If someone was trying to buy that name from you, or any other successful investors, and used such a “comp” in negotiations, I don’t think it would go over very well.

Also – and I mean this with the utmost respect because I’m obviously a huge fan of your writing and visit this blog daily – I do think the post is slightly hypocritical, given that it’s not advice you’ve chosen to follow.

I thought that is why reseller doesn’t matter what industry they are in always keep the acquisition price a secret.

This is my humble opinion, it’s your blog, I know.