Buying Domain Names Archives - Page 56 of 97

Quickest Domain Name Inquiry

Buying Domain Names

Elliot Silver

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July 16, 2013

I wanted to share a fun anecdote, especially because it involves a domain name I hand registered.

As my domain registrar account managers can attest, I don’t hand register many domain names. Annually, I might hand register between 20-50 domain names. It’s such an irregular occurrence these days, I don’t really even track the number of domain names I hand register.

On July 9th, I hand registered 5 domain names in the same vertical (they are international geodomain keyword domain names). I own similar domain names, and I bought these to increase my holdings in that space. I don’t think they are exceptionally valuable, but for hand registrations, they were worth the gamble, especially since one of the 5 names has received a couple of offers in the past.

On

Unscrupulous People Trying to Sell Names Owned By Others

Elliot Silver

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July 12, 2013

68

My business model involves the re-sale of domain names. Oftentimes, I will buy a domain name on a venue like NameJet, and after I won the auction, paid in full for the name, and have it in my possession, I may seek out an end user buyer via resale of the domain name.

This morning, I sent out some emails to end users about a domain name I recently won at auction. A few minutes after my first email went out, I received a reply asking me how much the domain name would cost. After sharing my price, the prospect emailed me back asking why my price was higher than what my “colleague offered a few days ago.”

Since I don’t have any co-workers or employees, and since this was an expired domain name rather than a private auction, I am pretty confident

If You See a Great Deal, Buy It

Buying Domain Names

Elliot Silver

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July 10, 2013

29

In 2007, I was looking through a list of names from Buy Domains, and if my memory serves me correctly, one name I liked was priced at around $4,000. I would have paid $4,000 for it because I thought it was a $10k name, but I didn’t want to pay the asking price and negotiated with my account rep hoping to buy it for $2,500. In the meantime, it was sold to someone else.

I always thought it was silly to pay someone’s asking price. When it comes to domain names, most people price their domain names at a level they would like to get, but in reality, you can negotiate a better price. This is true for most larger companies and individual domain investors. I was so accustomed to negotiating better pricing, that when I

Tip To Find a Buyer or Seller

Elliot Silver

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July 9, 2013

5

I often find that a tech support person or CTO is the registrant contact for domain names owned by mid to large-sized companies. This is done most likely for convenience, as the registrant contact person should have knowledge about domain names, and many companies leave that duty to the “tech guy.”

For the sake of this article, I won’t discuss the potential security issue associated with this, but I will give you a tip about how to get in touch with the decision maker when you want to buy or sell a domain name.

Based on my experience, the “tech guy” who manages the domain name and website doesn’t have

Use The Phone to Do Due Diligence

Elliot Silver

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July 8, 2013

7

Doing due diligence is a very important aspect of the domain acquisition process. When you are in the process of buying a domain name in the aftermarket, it’s critical that you know the person from whom you are buying the domain name is the legitimate owner (or seller), and using the phone is one good way to do some of your due diligence.

In my opinion, there are two major reasons why you should do due diligence with respect to ownership before buying a domain name, although a domain name lawyer would probably cite other reasons in addition. Domain theft occurs rarely, but it occurs often enough that domain investors need to check on a domain name’s provenance before buying. In addition, rogue employees could potentially be selling a business asset they have no right to sell. In both cases, a phone call can help with due diligence.

Calling the current Whois registrant contact number may be

Three Letter .com Domain Name Sought

Buying Domain Names

Elliot Silver

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July 8, 2013

0

If you are looking to sell a three letter .com domain name, this post might be for you. Please read the requirements before emailing me. If your domain name does not meet all requirements set forth below, please do not submit your domain name.

Requirements:

3 LETTER .com (letters, not numbers)
No hyphens
First and last letter must be the same (like SHS.com or PJP.com, but not AAB.com)
Must NOT have the letters Q, X, Z, O, U, V in any part of the domain name
Price is $10,000 or less

If you’d like to submit your name, please contact me directly with the name and price. If it’s not priced, please do not send it. Sorry to be so firm on this, but I don’t want to receive emails with names that don’t match my requirements.

I’ve seen names like this on the market and sell for less than the budget, so I know they are out there.