Industry Companies Should Hold Local Meetups

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One of the main reasons I enjoy attending domain conferences is that I can meet with companies in the industry. For instance, at THE Domain Conference this past week, I had several conversations with the Sedo contingent of Solomon Amoako and Dave Evanson as well as the GoDaddy contingent of Joe Styler, Cory Lodder, and Marcus Jackson. I had conversations with reps from many other companies as well.

At conferences and other smaller events, I am able to ask questions about the company, exchange ideas about products or services, and sometimes I can get tech support from the company representatives in attendance. This one on one time is mutually beneficial and helps build a strong relationship between various companies and my business. Even if I am not currently a customer, this time can be spent learning about why I should work with a company, or at the very least, be the foundation for a future discussion.

I understand the large industry conferences may be

Don’t Try to Sell a Domain Without Permission

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It’s pretty easy for someone to claim to be a domain broker. There aren’t any special licenses or other requirements for someone to sell domain names on behalf of others. An email address or phone number and some domain name listings are basically all it takes to get started.

It seems that some people may take advantage of the ease of getting started and try to sell domain names they aren’t permitted to sell. Perhaps they see a domain name listed for sale somewhere or believe the domain name may be for sale, and they attempt to broker the domain name without permission. I presume the belief is that if they come to the domain owner with a buyer, they will be rewarded a commission. This is bad business.

Even if a domain name is listed for sale,

Ask Companies to be Creative

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One of the many reasons I like to use Escrow.com is because of their flexibility. I closed a deal a week ago that required a bit of assistance from Escrow.com on deal terms. It wasn’t a standard sale, but the buyer and I were able to work with them on a bit of a custom transaction that met our needs. Sometimes a bit of creativity is what it takes to get a deal done.

If you need a creative solution for something in the domain space, always ask an account representative or someone else within the company. The worst that happens is they say no. There are many scenarios that aren’t considered when launching products or services, and many companies will be happy to accommodate your needs, especially if your ask is simple for them to do.

When you ask for a company to do something custom for you,

Sale Price Doesn’t Necessarily Show “Real” Value

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I recently won an auction on NameJet, and within a couple of days of changing the nameservers, I had a serious buyer approach me to buy the domain name. After a brief discussion, I shared what I paid for the domain name because it was easy enough to find. To paraphrase his response, it was something like, “Oh man, I would have paid more!”

There have been plenty of times that I have been in the same position as this person. I read about domain names that sold privately or at auction, and I think about how that domain name sold for less than I would have paid had I been involved. This is flawed thinking.

Although the  sale price of a domain name is indicative

DomainView Tool Can Help Find a Domain Name Buyer

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I frequently use DomainTools’ domain search tool to seek out prospective buyers for my domain names. It’s easy to search for keywords within registered domain names, and I can use this information to identify prospective buyers for certain domain names my company owns.

I wrote about Verisign’s DomainView tool yesterday. Specifically, I shared insight about how the tool can help identify the person or entity that is behind an inquiry for a domain name. I also think the DomainView tool can be used to help find a prospective buyer in a similar manner to DomainTools’s domain search tool.

DomainView allows people to see what .com and .net domain names have been

Q3 Estimated Taxes Due

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It is September 15, and Q3 estimated taxes are due! Many business owners in the US need to pay quarterly estimated taxes, and today is the due date for the third payment.

As it says on the IRS website, “If you mail your payment and it is postmarked by the due date, the date of the U.S. postmark is considered the date of payment.”

Mid year estimated taxes are