Tip To Find a Buyer or Seller

Elliot Silver
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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

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Use The Phone to Do Due Diligence

Elliot Silver
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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

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Three Letter .com Domain Name Sought

Elliot Silver
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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.

Use Other People’s Replies for Yourself

Elliot Silver
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6

I inquire about purchasing many domain names, and the majority of these offers are made to people who aren’t involved in the domain space. Since I am generally making cash offers rather than simple inquiries about availability (probably 80% of the time), I receive a wide range of replies from domain owners.

Because I am not offering end user prices in most cases and because it’s almost essential to counter offer in my opinion, I receive all sorts of replies – from simple one word replies to extensive replies. The replies are either an attempt to get me to pay more, not contact the owner again, or tell me that my offer is far too low for some reason. Some people are better at crafting effective replies than others.

One thing I like to do is think about the reply emails I receive to see what I think is effective and what doesn’t seem to work, and then I use them for my own inquiry replies when I don’t send them to the brokers at DNS.

On occasion, I will receive a

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Bill McClure Offers Additional Insight on Bouquet.com Acquisition

Elliot Silver
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Bouquet.comAt the TRAFFIC Las Vegas auction, Bill McClure purchased the Bouquet.com domain name for $30,000. When the website launched soon thereafter, he was kind enough to offer some insight into his purchase  for inclusion in my blog post.

In the comment section of a blog post last week where the plural Bouquets.com domain name was offered for sale, there was some discussion about the Bouquet.com purchase and a few excellent questions were posed. Bill was kind enough to offer even more insight into the purchase, which I think is valuable given Bill’s successes online.

I think Bill’s insight is invaluable, and I thought it would be beneficial to create a separate post with the questions about the purchase and Bill’s replies to them. I know Bill is a busy guy, and I appreciate his taking the time to share this with us.

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Is There Something Wrong With Contacting Owners of Expired Domain Names?

Elliot Silver
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64

I know that Go Daddy, NameJet, and Snapnames are well aware of domain investors who reach out to the owners of expired domain names in an effort to purchase them before they go to auction. This probably annoys the auction houses and it has spurred a debate about this practice on forums and in private discussions.

The rationale for domain investors doing this is simple. The domain owner may not have realized the domain name was worth anything, so a lowish offer could get the owner to renew the domain name and then re-sell it to the person who inquired about it. The buyer would then get to purchase a domain name in private before others had the opportunity to bid on it. If others pre-bid on the domain name, the buyer would know that there is interest from other parties.

There are a few downsides to this practice. For instance,

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