If you’re seeking engagement on Twitter in the domain name space, the best thing you can do is tell people you’re looking to buy a domain name and ask people to share their names. For a greater response, make the request somewhat vague, and there will be a stampede of domain name investors in your replies.
Peter Askew tipped me off to this domain-wanted post on Xwitter:
I'm in search of a killer one-word or highly brandable domain name. Whatcha got?
— đș (@toddo) September 25, 2023
I receive uneducated domain name purchase offers nearly every day. Some prospective buyers may hope to get lucky with a deal and some genuinely haven’t the foggiest idea that domain names sell for serious amounts of money. The result is that my self-managed landers for high value domain names receive far more offers that aren’t serious than offers from bonafide buyers.
For the 80%+ of my portfolio that is replaceable inventory and utilize Dan.com or Afternic landing pages, I set minimum offer amounts to prevent a deluge of lowball offers. The lowest minimum offer I allow on any of my domain names is just shy of $1,000.
Domain name lease to own deals are great. They generate monthly income, and if the buyer opts to discontinue paying, I get to keep all of the payments and have the chance to re-sell the domain name. One thing better than a LTO deal is when the buyer decides to purchase the domain name in full – – earlier than expected.
In my LTO purchase agreements, I give the buyer an option to pay off the deal early at a discount. The buyer can save anywhere from 10-20% of the total purchase price if paid-off early. The discount rate varies depending on my profit margin and the length of time for the payment plan.
It is dangerous to reuse passwords on different websites. Domain investors who do this can risk their reputation and/or domain names if one website is hacked or if password information is somehow leaked.
The Chief Technology Officer at NamePros issued a warning to domain investors today because of “an increase in credential stuffing attacks targeting domain investors.” Paul offers some good examples of how this can happen, and he also shared some advice on how to prevent it from happening to you.
I’ve tried to buy thousands of domain names from registrants who told me some variation of ‘the domain name is not for sale.’ That may be true at that point in time, but the status can change. It doesn’t hurt to follow-up every once in a while.
I recently spent some time looking through hundreds of old emails I sent trying to buy domain names. I followed up on some older leads to re-engage the owners. Perhaps circumstances had changed since our last discussion. I like to follow-up between 6 months and a year after an email exchange, when I see a domain name isn’t being used.
