I am now selling the following numeric domain names:
2373.com – $625
3252.com – $625
4055.com – $625
4797.com – $625
3806.com – $625
All 5 domain names can be purchased as a set at a discounted price of $2,850. The domain names are registered at Moniker for an easy push. This is a multi-venue post, so first to post sold gets them.
There have been a number of times where some new faddy trend or buzzword comes out, and I’ve looked up the Whois only to see someone beat me to the punch and registered it minutes before or a while back. I usually tip my hat and congratulate the buyer on his intuition – especially if it was registered months or years prior.
A problem that some people have, most of whom are domain investors capitalizing on trends, is that they often don’t sell at optimal value, hoping or anticipating that another better offer will be received. When a fad dies off and it’s no longer the lead story in the news, the domain name will drop significantly in value and interest in the domain name will wane.
Instead of rejecting every offer hoping for a better one that might not come, it might be a good idea to sell the domain name for a strong offer that’s received in the first few days/hours of the trend, and some of the money should be used to buy a great generic domain name that will stand the test of time (keep in mind you’ll owe taxes on the profit so don’t use it all).
If you can turn an $8 investment into a $10,000 profit in just a few weeks, it’s silly not to do so. Sure, you might leave some money on the table, but nobody every went broke selling domain names at a profit.
On occasion, I will get a phone call from someone who wants to buy a domain name I own. While I do think making a phone call is far better for domain buyers to get in touch with a domain owner, I would recommend that domain owners work out their deals online in emails rather than over the phone.
The primary reason is that you can respond to the inquiry on your own time, allowing you to research the value of your domain name and do some research on the buyer. Additionally, you don’t have to make a snap decision over the phone if you hadn’t intended to sell the domain name.
The secondary reason is that your emails are all trackable. You can easily archive offers for domain names, allowing you to remember what offers came in the past. Additionally, if you have no intentions of selling the domain name now, you can have the person’s email and email address readily accessible when the time to sell comes. It’s much easier to lose a phone number and/or forget who a person in your phone book is after a period of time.
It’s in the best interest of a domain owner to work out a deal online.
Like I did with TobagoVacations.com, I am offering ItalyHoliday.com up for sale before I begin developing it. Although we in the US are more inclined to say “Italy Vacation,” elsewhere in the world, a Holiday is a Vacation, and many people search for a great Italy holiday when they want to visit Italy. If ItalyHoliday.com doesn’t sell this week, I plan to build a larger mini site using the same template (in green) as I used for my Tobago vacation domain name.
NAME IS NOW SOLD.
The title of this post isn’t what you generally expect to see on my blog, but I found a way to make 10x my investment in a short period of time, and I want to share this because I don’t think it’s a limited opportunity. What I am going to share probably won’t work for everyone, and it won’t work all the time, but I can tell you that I did this before, and I did very well.
Snapnames and Moniker have made it very easy to list domain names for sale on Snapnames. The problem many people have is registering domain names that other people want to buy. Sure, I can go ahead and register 1,000 new domain names and put them up for auction right away, but if nobody wants them, I’m basically out $8,000.
With Snapnames’ new interface, I can see what people are bidding on or buying in real time, and frequently, I can spot patterns that can help me buy domain names that someone else is looking to buy (and is willing to pay a premium). Using this information, I can register domain names that are essentially part of the same pattern, and offer them for auction. Assuming the buyer has a special alert set for that particular pattern, I can auction it for a $79 minimum bid, just like many other auctions.
If I paid $7.50 for the name, and I sell it for $79, I’ve made 10x my money (minus the 20% commission). If I do this with 100 domain names, I can make some decent money relatively easily. If I do this with 1,000 domain names, I can make some very good money.
Of course there is a risk to this – in that the buyer may not be buying anymore or may have only been searching for a particular type of name on a random day, and I’ll get stuck with the names. However, I personally believe it’s worth the risk, as I basically only need to sell 1 in 10 names to break even, and my leftovers can be sold in bulk or at a loss – either way I’ve already broken even.
You may be asking yourself if I’ve done this, and I have and I’ve had pretty good success.
Again, there is no guarantee with this whatsoever, and you obviously need to know what to buy and what not to buy based on perceived needs of buyers. Sometimes patterns may look obvious, but they aren’t, and you can get stuck with the names. However, with the chance of making 1,000% profit, it may be worth the risk, and when I did it before, I did very well.
I don’t have time to do another mini site right now, so I am going to sell SoccerGoalies.com for just $750. Soccer goalies need special jerseys, padded pants, gloves, and sometimes special cleats, all of which are fairly expensive and can bring decent revenue once the site is developed. Soccer Goalies also have specialized soccer goalie camps and training programs which are also expensive.
My plan was to build a mini site with content about:
First to post “sold” will get this name, registered at Moniker – registration date of 3/2000.
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