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My Current Strategy With Hand Registrations

I am feeling a bit more bearish about the short term domain aftermarket than I have in a while, so I’ve found myself hand registering domain names more frequently than in the past. Aside from privately acquiring domain names like BikeTours.com, TaxConsult.com, MonthlyPaymentCalculator.com, and HumorForum.com in the last month, my  acquisitions  and inquiries have been fewer than in prior months.

Instead of spending significant amounts of money on domain names with plans of quickly flipping them, I’ve been focusing on hand registering domain names I think are pretty decent, and I’ve changed up my strategy on what I do with hand registered domain names once I buy them.

I am not aggressively looking to re-sell these domain names, but I am doing something passively that I haven’t done before: I am immediately listing them for sale at Sedo. I am not simply parking them with a message that says the name may be for sale. I am actively putting them on the market right from the get go.

I will likely begin listing these names on Afternic as well, since they have a pretty broad footprint with BuyDomains. The downside from my perspective is that the BuyDomains brokers generally prefer names that are priced, and I don’t want to go through the trouble of doing that yet.

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Please help me raise funds for the  Ronald McDonald House

Simple Search to Save Time on Acquisitions

I want to share an easy Google search I do that saves me time when I am looking to acquire domain names. I visit Google, type in the domain name in quotes and also type in the word domain name, also in quotes.

This simple but effective search allows me to find any article mentioning the domain name along with the term “domain name.” If the name has ever been put up for sale or previously sold, the search query will likely find the article in which the sale was mentioned.

I find this search helpful because it allows me to quickly see sales, sale listings, auctions, postings, or other articles where the domain name was mentioned, without having to look at a variety of websites.

For instance, I was going to inquire about a domain name this morning that I think is probably worth about $15,000. The owner has it listed on his site for “offers of $100k and higher,” and he considers it his premier domain name.  Now, if I think the name is worth $15,000, I am obviously not going to want to pay full market value for it, and I certainly won’t pay close to 6 figures.

Similarly, in the past, I’ve been after domain names that have recently sold at auction, and that’s a great piece of information to have when negotiating. If you know the owner’s purchase price, it’s an added bit of insight that can be helpful to you.

By finding out this information before I inquire, I am saving myself some time and potentially avoiding a contentious negotiation. A 2 minute search can save you lots of time and energy.

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Please help me raise funds for the  Ronald McDonald House

The Worst Domain Name Is…

There were quite a few bad domain names submitted in the Crappiest Domain Name contest I held on my blog. I selected the 5 worst names (in my opinion), and you guys voted for the loser… ahem… the winner.

Well over 200 votes were submitted, and the winning domain name was selected by a narrow 3 votes. The domain name that received the most votes for crappiest domain name was Free-Dialup-ISP-Internet-Access-Provider.com.

I don’t disagree with the results. Not only does the domain name have 5 hyphens (I don’t even like domain names with a single hyphen), but there don’t appear to be any monthly searches for the term according to the Google Adwords Keyword Tool. Put simply, someone could build the #1 ranking domain name for this term and not receive a single visit (family and friends aside).

It can be tough to get started in the domain business, and everyone probably owns domain names they aren’t proud to own. Domain investors should use these bad buys as a learning experience.

As for what my plan is for this domain name.  I plan to let this name expire as soon as possible, with the hopes that somebody else doesn’t make this same mistake!

Here are the results of the votiing:

#2: TripDGogglesGlasses.com
#3: Balck-Porn.com
#4: Talebanistan.com
#5: LennyDudes.com

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Please help me raise funds for the  Ronald McDonald House

Going the Extra Mile Pays Off

Sometimes the best names you are able to buy are the ones that are the hardest to buy. If you go the extra mile to track an owner down, it can pay off very nicely.

A few months ago, I tried to buy a great descriptive domain name.  I emailed the registrant whose email address was his name @ the domain name, and it bounced. I called the phone number of the Whois, and I learned the registrant had sold off his company but retained the domain name.

I thought I hit a dead end when more research led me to a disconnected phone number, and I couldn’t find any good references for the domain owner in Google.

Further research enabled me to find out the guy’s nickname, which is the name he went by, despite having a different first name listed in the Whois. Even more research led me to a long lost comment he once posted on a website asking the author to get in touch, leaving a personal email address and phone number.

I called the number and left a voicemail and followed up with an email inquiring about the domain name. No response. I called back a month later, and again, I received no response.

Last week, around 2.5 months after reaching out, I received an email from the guy, thanking me for getting in touch with him.  He informed me that he is now semi-retired and moved out of the country but would consider selling his domain name. After a few more days and a couple of emails, we were able to strike a deal.

Persistence pays off. Most people would stop after a couple of attempts. Knowing what the name is, I can assure you that many people probably did stop because I got a reasonable price for the domain name. Ordinarily, I would be a bit leery of something like this, worrying that someone hacked his email account. However, his mentioning my voice message was reassuring.

The domain name I am buying is not important for this post, and I will probably end up flipping it in private. The lesson is very important and something you should consider the next time your email bounces or the phone is disconnected.

Network Solutions Certified Offers: Do People Use Them Often?

Certified Offers

I’ve had a few people ask me about the Network Solutions Certified Offers program. This programs allows domain buyers to use the services of NetSol to acquire domain names stealthily, where the company negotiates on behalf of the buyer.

Domain Acquisition Tip

Here’s a tip for you when you’re in the process of buying domain names, no matter if you’re buying to re-sell, park, or develop. Don’t use an email address that alludes to the fact that you’re a domain name buyer.

This might seem like a rather obvious tip, but I use one, and it’s backfired on me more than once. In fact, this is a reply to a domain inquiry I received just a couple of days ago: “What would you use it for? I see you handle domains by your email address.”