Know Your Asking Prices

Elliot Silver
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There are many ways a person can inquire about a domain name. I have found that many buyers visit the landing page and inquire directly after seeing a “for sale” message on the page. Many people also have success selling domain names via marketplaces such as Afternic and Sedo. When you quote a price, be mindful of the buy it now prices you’ve set elsewhere.

Buy it now pricing is encouraged at domain marketplaces. It makes it easier for a buyer to complete a purchase, and it is faster for all parties. It probably makes buyers more comfortable knowing that the price is set and it is not going to increase based on who they are (how much money they have). One issue I face on occasion is when I quote a price on a direct inquiry that differs from the buy it now price elsewhere.

I don’t have a great pricing system. I have started to put

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Pro.com Launches With $3.5 Million in Seed Funding

Elliot Silver
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pro.com logoIt’s always interesting to see how a domain name will be used following a major sale. Last year, Igloo.com  was the broker of record for the sale of the Pro.com domain name. Unfortunately, Igloo could not provide a comment regarding this domain name.

According to a post on Crunchbase Daily, Pro.com just launched after receiving millions of dollars in seed funding from several well respect venture capital firms. Here’s what Crunchbase Daily had to say regarding the funding and launch of the new website:

“Seattle-based home service professionals marketplace Pro.com has launched with $3.5 million in seed funding from Andreessen Horowitz, Madrona Ventures, Redpoint, Bezos Expeditions, Two-Sigma Ventures, and Sherpa Foundry. Pro.com aims to

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How Quickly I Reply to Offers

Elliot Silver
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13

I think there are two schools to thought regarding the speed in which a domain owner replies to an offer for a domain name. Some people reply quickly in order to capitalize on a hot lead, and others respond slowly as a means of showing a lack of desire to sell a domain name. Generally speaking, I reply to offers fairly quickly.

I don’t necessarily think there is a right or wrong way to reply. I also think the response time should be part strategic and partly related to the situation at hand – both with the business and with the company making the inquiry or offer.

There are several reasons why I tend to respond to offers quickly, and I want to share some of them with you:

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Discussion About Domain Names on Active Rain

Elliot Silver
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32

There’s an interesting discussion about domain names in an Active Rain blog post that was written by Kathleen Daniels, a real estate broker in San Jose, California. In the article, Daniels briefly discusses her interaction with a domain broker regarding a domain name she is interested in buying. Daniels seeks feedback from others regarding the $14,000 asking price.

I’ve done several deals with real estate agents and companies in the real estate business. I have been a buyer and seller of US (city)RealEstate.com domain names and am still buying and selling them when great names are available at great prices. Because of my involvement in this vertical, I thought this article with over 75 comments is a great look into the minds of  real estate agents regarding how they view domain names.

The first thing I noticed is that many people told Daniels that $14,000 for the domain name is

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New Domain Broker Newsletter: “Tracy’s HOT Featured Domains List”

Elliot Silver
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There are quite a few regularly scheduled domain name sales newsletters that I receive via email. Some of those include Andrew Rosener’s Media Options newsletter, John Daly’s NameConnect newsletter, and Ryan Colby’s Outcome Brokerage newsletter. I want to share another newsletter I just learned about that has some stellar domain names listed for sale.

Tracy Fogarty is a domain broker at Domain Holdings. I don’t believe I’ve met Tracy personally before, but I’ve done a bit of business with Domain Holdings, primarily with Alan Dunn, Joe Uddeme, and Mark Daniel. I follow Tracy’s Twitter account, and I just noticed that she has a domain sales newsletter, which she linked to in a tweet posted this afternoon. The newsletter is called    “Tracy’s HOT Featured Domains List.” I don’t know how often the list is updated and published, but it looks pretty good.

Some of the domain names included in Tracy’s newsletter are:

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Apple Inc. Now Owns Apple.net

Elliot Silver
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A few weeks ago, GoDaddy auctions announced the sale of Apple.net for $50,000, which was reported by Raymond Hackney on TheDomains.com. The Apple.net sale was the second largest reported sale of the week.

George Kirikos was tracking the sale, and according to a tweet he posted a few minutes ago, Apple, Inc. was the buyer of the Apple.net domain name. If you do a Whois search, you can see the Cupertino company is now the registrant of Apple.net. As of now, the Apple.net domain name is not resolving, but my guess is that it will forward to Apple.com  at some point in the near future. $50k is a drop in the bucket for Apple, and even though it might not have a specific use for Apple.net, it’s better that they own it than another company.

Apple Inc. appears to own

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