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Name.com Contest Contestants

Name.comI want to share with you the 5 finalists for the Valentine’s Day domain name poetry contest sponsored by Name.com. The winner will receive a $250 credit from Name.com, which can be used to buy domain names as well as renew them. Thanks to Name.com for sponsoring this fun contest.

If you submitted a video and it’s not listed here, please post it in the comment section of this article ASAP. The winner will be chosen by Paul and Ashley at Name.com, and I will announce it sometime on Monday afternoon.

Thank you to all who participated!

Perform Due Diligence: Contact Previous Domain Owner

Every domain investor should do some due diligence when purchasing a domain name. Generally, this entails a Whois lookup at a site like DomainTools, and it should also involve a Whois History search. If something looks funky in the Whois records, there may be reason to investigate further.

One of the best ways to do due diligence on important domain names is to contact the previous owner. You can easily find out his or her information in the Whois History too. You’ll want to let the person know that you’re calling to do due diligence and you just want to confirm that he or she did in fact sell the domain name to the current owner.

If you really want to pry, you can even ask the price, but most people will find this question inappropriate. You also may not want to know how much more you are spending than when the domain name was previously sold.

Like purchasing art, a domain name’s provenance is important to know. Generally, a domain name will not become more valuable because a particular person or company owned it, but you should know that all previous transfers were legitimate.

Seeking 3 Letter .COM Names

I have a buyer that is interested in acquiring 3 letter com domain names priced at $10,000 or below. If you have domain names that meet his requirements below, please submit them as comments.

Please keep in mind that domain names must meet ALL requirements (ie He won’t care if you have a great 3 letter .net or 3 letter word .org):

  • 3 letters (Hint: a number is not a letter)
  • .COM
  • Price is $10,000 or under (it’s nice for you if yours are priced higher, but he doesn’t really care)

“Or Submit Your Best Offer”

When inquiring to purchase a domain name, I often receive a reply that includes a price along with my favorite phrase in this type of scenario: “… or submit your best offer.”

Why do I love this phrase? From my perspective, it means that the price is flexible, and while the domain owner would like to sell the name for a specific price, it isn’t a firm price. Without a doubt, I always reply to this with a lower offer. It really makes no sense not to do that, unless you really need the domain name and can’t take a chance that the owner doesn’t reply.

One thing you can take from this is that when you’re asked about the price of one of your domain names, you probably don’t want to encourage the potential buyer to submit a lower offer. Perhaps he will do that anyway, but why encourage it? If he doesn’t respond positively to your price, you can always follow up at a later time and ask him what he was thinking in terms of price.

This may seem pretty obvious to an  astute  domain investor, but I see it happen all the time, and I love it when it happens when I am buying!

Recent Purchases… How About You?

I haven’t hand registered many new domain names lately, but I’ve been bidding on quite a few at NameJet as well as buying in private. I want to share some of my recent acquisitions and would be interested in hearing about yours.

Some of the names have been sold already, some have been purchased to flip, and at least one is going to be developed by me.

  • DogGroomers.com (almost launched)
  • SlipperyElm.com (Google it)
  • BootWarmer.com
  • AlpacaFurs.com
  • AntiqueCollections.com (1996 registration date, predates Antiques.com)
  • VegetableGarden.com
  • DogWasteDisposal.com
  • NashuaJobs.com
  • LimestoneTile.com
  • OffshoreWebHosting.com
  • VineyardEquipment.com
  • SchoolPsychologist.com
  • VisitSaoPaulo.com
  • HorseCorrals.com

I don’t really have a specific interest as you can see, but looking more for aged, exact match product or service domain names in .com only.

What have you bought recently?

What to Do if Your Domain Name is Owned by a Domain Investor… Not

It’s a fear that many small business owners have when they want to go online. “Their” domain name is already owned by someone, and even worse, it’s owned by a domain investor. They can either try to buy that domain name, which will probably be expensive, or they can register something else creative.

SEO Bill Hartzer commented on an image of a domain name posted to Flickr by Michael Dorausch. I thought the domain name was unique, and you have to give props to this  ingenious  Philadelphia chiropractor whose customers must have great memories.

Yes, it really is ChiropractorPhiladelphiaPAChiropractorPhiladelphiaPA.com. I wonder what it’s like for him and his staff to direct people to the website.

This is an example of what I don’t think you should do if your ideal domain name is already owned by someone else.