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Do You Own Your FirstNameLastName.com?

Owning your first name last name .com domain name is a flex for some people. It can make it easier for people to find you online, and it allows you to own your exact identity online. For people who are in a business selling their own services like domain brokers, consultants, or attorneys, having your first / last .com domain name is akin to a brand matching domain name.

I don’t own my first/last name .com, but I made sure I bought the matching domain names for my kids, and an industry colleague acquired my wife’s and gifted it when we got married.

Moonshot BIN Pricing, but Invite a Negotiation

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TonyNames shared another exceptional .ai domain name sale earlier today. Tony sold the 3 letter FRL.ai domain name for $30,000. In the post announcing the sale, Tony shared some good advice that resonates for me:

Have a Real Presence Online When Selling Domain Names

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When it comes to selling domain names via outbound marketing, credibility is very important. If a prospective buyer receives an unsolicited and unexpected email about purchasing a domain name they’re interested in buying, the first thing they’ll most likely do is check to see who the sender is. Without a having a presence online, you could look less legitimate and prospective buyers may be apprehensive about buying your domain name.

One of the best ways to establish trust is by having a professional website that explains who you are and what your business does. For instance, my corporate websites (TopNotchDomains.com and Embrace.com) ensure prospects can see that there is a real business behind my email. Both websites outline my experience and the company background. They also show that I’m not hiding behind a free email address, and I am a real person. They should be able to surmise they can safely do a deal with me/my company.

Glad This Sale Wasn’t an LTO

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Sometimes, the most obvious use for a particular domain name is in a manner that would either be offensive, controversial, or negative. This will probably be common sense for most people, but it is a good idea to keep the lease to own option off for domain names that could be used in a way that could damage its future usage.

I recently sold the a two word .com domain name that was acquired by a political campaign. The domain name was first used as a forwarder to a YouTube video, but it now hosts a landing page with that video. The title of the video matches the domain name without the extension. I would classify this as a way to cast an opponent in a poor light.

An Active Credit Card Doesn’t Solve Business Continuity

Domain investors with valuable domain name assets need to have a solid business continuity plan. Simply having domain names on auto renew connected to an active credit card with a far out expiration date doesn’t solve the issue of domain name renewals in the short term.

In order for a credit card to continue functioning, monthly payments need to be made. Monthly credit card payments can be set to auto-pay, so domain names continue to be renewed and the credit card is automatically paid each month. However, in order or all of that to work, there needs to be enough cash in the connected bank account to cover the bill each month.

Keep an Eye on Your LTO Deals

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I saw some good advice shared on X that should be considered by domain investors who have ongoing Lease to Own deals:

When a domain name is sold on a lease-to-own (LTO) payment plan, the buyer typically gains use of the name before paying in full. While most buyers use the domain name as intended, it’s a good idea for domain investors to periodically check how their leased domain names are being used to ensure they aren’t being used in a way that would violate any laws or the LTO agreement.

The primary reason for checking on these leaed domain names is risk management. If the buyer uses the domain name for something illegal or illicit and against the terms of the agreement, it could draw unwanted legal attention or harm the reputation of the domain name. Not only could it cause issues for the domain registrant in the shorter term, but it could hurt the value of the domain name in the longer term.

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