“You Should be Happy That I am Willing to Sell”

When I quote a price for a domain name and the prospective buyer replies to me, more often than not, there is a comment about the price being too high. Whether this is true or not, the buyer is obviously looking to get a better deal than the price I’ve set.

A friend of mine shared a response he either gave or heard about someone else giving (I can’t remember which), and I think it’s great. “You should be happy that I am willing to sell the domain name” or “you should be happy this domain name is even for sale” is something that can be said the next time a buyer tells you that your asking price is too high.

There are tens of millions of

Texas A&M Buys 12thMan.com Domain Name

There was an article on Chron.com that I found interesting, and I want to share it with you. Texas A&M University privately acquired the 12thMan.com domain name from a company that had been using the domain name for its business but had ceased operations. The seller was unable to share the sale price, presumably due to a non-disclosure agreement.

Apparently, “12th man” is a trademarked term that is owned (and protected) by Texas A&M. According to the Chron.com article, “Texas A&M has been in the midst of an aggressive legal campaign to defend its 12th Man trademark.” In fact, last week, several news outlets reported on the Texas A&M UDRP filing against the  12thManThunder.com domain name.  12thManThunder.com was registered by a Buffalo Bills (NFL) fan who wants the team to stay in Buffalo. It appears that domain name is forwarding to BillsFanThunder.com.

Because of its long ownership history and prior usage, I assume

Did 4.CN Acquire DN.com?

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Last week, Domain Holdings was brokering the DN.com domain name, and Domain Holdings broker Giuseppe Graziano stated that it was the final day to submit bids to purchase the domain name. At the time of my article, the domain name was owned by Verio, and the asking price was $750,000.

It appears that the Whois has recently changed, and the new registrant is listed

Distorted Idea of Expected Profit

When I review my investment portfolio, I am content when I see 10%+ returns on my investment. I am ecstatic when returns are higher than that, although I know that paper gains don’t mean that much. YTD returns for the S&P 500 are around 7%. The 10 year average is just under 8%. I don’t know about you, but I expect far greater returns on my domain investments. Perhaps I have a distorted view of expected profit?

When I buy a domain name, I am buying it because I think that it is worth more. How much more really depends on the domain name and price I paid, but if I only thought I could sell a domain name for a 10% profit, I wouldn’t buy it.

The domain name resale market is far more

Domain Holdings Brokering DN.com

Domain Holdings is currently brokering the DN.com domain name, and I assume this opportunity might be of interest to companies in our business. Not only is DN.com an excellent short domain name, but it could obviously be used by a domain name company because of the DN abbreviation. The asking price of DN.com is $750,000.

DN.com appears to be owned by Verio. The company’s main offering is web hosting services, although they also sell domain names as well. According to Screenshots.com, the DN.com domain name was previously used by Verio, although it appears that domain name sales were not the primary objective of the former DN.com website (granted this is an old screenshot). The domain name currently forwards to a Domain Holdings inquiry page.

In my opinion, DN.com could be

Igloo DomainSponsor Marketplace Announced

I want to share an announcement that I received that is of personal interest and will likely be of interest to many people within the domain space. Over the course of the last few years, I’ve inquired about quite a few domain names owned by Oversee.net. Earlier this year, Rook acquired DomainSponsor  (DS), and with it came a large portfolio of domain name assets, including domain names I had previously inquired about.

As you will see from the press release below, “Igloo.com and Rook Media have entered into a long term exclusive agreement to provide brokerage and related services.” This news means that Igloo.com will be responsible for the marketing and selling of the DS domain name assets, as well as the possibility of other types of deals (ie joint ventures, leasing…etc). In addition, the creation of the “Igloo DomainSponsor marketplace” was also announced, and that will help facilitate the sale of these domain names.

If you made an offer on one of the domain names in the portfolio or if you are interested in acquiring a domain name, you should be in touch with Igloo.com to discuss. I am going to touch base with them this week and perhaps we will be able to work out a deal.

Here’s the full press release announcing the news: