Delete Old Listings on DAN

Elliot Silver
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3

The majority of my domain names are now listed on DAN.com with buy it now prices. The platform has proven to me that it is helpful to sell names at all price levels, and as a result, I continue to add names to the platform. I have found the most utility from DAN is by setting the nameservers so my domain names resolve to buy it now or make offer pages on the platform.

One area where DAN lacks is its search functionality. If I want to find a list of the one word .com domain names listed for sale via DAN, I would be out of luck. As a buyer, the lack of search functionality is a bit of a bummer. As a seller, this means there is less of a need to delete listings that are no longer valid – domain names that sold elsewhere or domain names that simply expired.

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When to Think Twice About Offering a Payment Plan

Elliot Silver
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4

Two years ago, I was presented with a mid six figure cash offer to buy one of my domain names. The catch was that just 10% of this would be paid immediately, and the remainder would be paid in installments over a couple of years. This was a solid offer, especially since the initial payment would not be refundable.

After considering the offer, opted to decline it because the planned usage of the domain name made me uncomfortable. Pierluigi Buccioli, an investor in gambling domain names, shared his thoughts on why he doesn’t like to offer payment plans for his gambling domain names, and his rationale is along the lines of mine:

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The Data Trade Off

Elliot Silver
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1

There are a lot of great tools that can benefit domain investors. Some of these tools are made for domain investors and other tools weren’t specifically created for domain investors to use but can be extraordinarily helpful to us. One issue investors should keep in mind is that any data they input into these tools may be seen by the data providers and potentially associated parties.

I use third party tools for many things. I perform Whois lookups on domain names I am looking to buy and those I am researching. I check various metrics for domain names I own. I do research on prospective buyers for my domain names and domain names I want to buy. I have not built my own tools, so I use third party companies.

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Downside of Self-Managed Landing Pages

Elliot Silver
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0

I was chatting with a business friend yesterday, and I mentioned one of the domain names I recently acquired in the context of the number of registrations with the keyword. He mentioned DotDB.com, and I generally use DomainTools for that type of search, but that is taking things off topic a bit. When I mentioned the domain name to him, he remarked that it was not resolving anywhere. I had a look and confirmed what he was saying. Yikes.

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The Hunt is Fun, but Validation is Critical

Elliot Silver
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2

Every morning, I spend around an hour going through lists of domain names that are coming up for auction. When I say every morning, I mean every morning. I do this on weekends, when we are traveling, when we have friends or family over (in non-Covid times), and all those times in between. I review lists from auction platforms, Dropping.pro, and I recently added ExpiredDomains.net to the list of tools I use daily. This is the hunt, and it is probably the most enjoyable part of domain investing.

As I and others have discussed many times, the prices achieved in expiry auctions have grown in recent years. It has become much more challenging to find what I would consider to be a deal, so the hunt has expanded. I never focused much on pending delete auctions, save for the occasional gem, but I have been focusing on that area a bit more.

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Shop the Offer Around

Elliot Silver
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11

Most domain investors have faced a situation where they received a solid – or perhaps reasonable offer for a domain name that is either lower than the asking price or just not good enough to accept the offer. One strategy I have used in the past is to use the threat of shopping the offer around as a negotiating tactic to try and close a deal. If that tactic doesn’t work, shopping the domain name around might yield a deal.

Let’s say I have an offer of $50,000 on the table for a domain name I have priced at $100,000. Realistically, depending on the name and circumstances, I might be willing to sell the domain name for $75,000. Perhaps I would even sell the domain name for that $50,000 offer if necessary, but I wouldn’t lose sleep if the offer disappeared. In the past, I have told the other party that I will give one more day to consider the price or I will reach out to other companies that might want to buy this domain name.

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