ICANNWiki May Lose Primary Funding Source

Elliot Silver
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If you have ever done a Google search for a person or company in the domain name business, it is very possible you came across ICANNWiki, a website community with a ton of information about ICANN and the domain name industry. According to a tweet from the company, ICANNWiki might lose its primary funding source:

Here’s an excerpt from the blog post announcing the news:

“ICANNWiki was recently informed that ICANN might choose not to renew its contract, which accounts for 60% of our annual revenue. The contract began in 2015, with an initial three-year term, which enabled us to bring on two full-time co-directors to steward the project and improve its services. ICANN has stated, ‘At this time, while it is highly unlikely that ICANN will be renewing its contract with ICANNWiki, we have not come to a final determination.’”

Losing a revenue source that accounts for 60% of the total revenue stream can be debilitating for any website. For those

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What Features Should I Add?

Elliot Silver
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Having the DomainInvesting.com brand gives me quite a bit of flexibility to grow the website beyond a blog. Instead of trying some things to see what sticks, I thought I would share a few additions under consideration to see what visitors think about them. I also invite people to share other ideas for the website. Vote in the poll below and feel free to add your own suggestions.

Possible features to add in 2018:

Weekly Brokerage Listings – this has always been a popular feature. It is great to see what new domain names domain brokers are bringing to market and it is also a good opportunity for readers to share one domain name for sale.

Domain for Sale Marketplace – People could list domain names for sale in bulk. I could coordinate this with one of the third party sales platforms.

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“How Much Will That Domain Name Cost?”

Elliot Silver
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When people find out I am in the domain name business, many are intrigued. It often leads to a long conversation about domain names and what domain names are worth. Occasionally, people will ask me about a particular domain name they want or need. “How much will that domain name cost” is a question I am asked regularly.

Unfortunately, there are many nuances that make this question very difficult to answer with any accuracy. The price of a domain name can vary depending on several factors, including the keyword, acquisition price, and comparable sales.

The biggest factor in terms of pricing – and probably the most frustrating one – is the owner of the domain name.

There are some companies whose domain names are priced fairly consistently. When I see a name owned by

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BHHS Smartly Acquired BHHS.com

Elliot Silver
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In mid-2013, Prudential real estate brokerages rebranded as Berkshire Hathaway Home Services. The brand name was a bit of a mouthful, and I thought it would be smart for the company to purchase the BHHS.com domain name since it was using the abbreviated BHHS in its logo. This would be good for marketing and make it easier for agents to communicate with clients using easier to remember @bhhs.com email addresses.

In January of 2014, I made the following suggestion in a blog post:

“From my perspective, Berkshire Hathaway needs to purchase the BHHS.com domain name. A shorter domain name like BHHS.com is easier to remember and would look much better on “for sale” signs and other collateral.”

This morning, I noticed that BHHS.com redirects to BerkshireHathawayHS.com, the website of Berkshire Hathaway Home Services. A Whois search appears to confirm that the company acquired

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What the Heck is Going On Here?

Elliot Silver
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I logged into my Network Solutions account to change the nameservers for a domain name I won at NameJet last week. I noticed a .net domain name in my account that seemed out of place: CorporateStaffing.net. The keyword was familiar because I won CorporateStaffing.com on NameJet in September. I transferred this domain name to GoDaddy about a week ago.

I searched through my email account to see if there was anything related to CorporateStaffing.net that I might have overlooked. Zero results. I did a Whois search to see if that would yield any information, and the story became even stranger. I am writing this article on Sunday, December 24, 2017. The Whois record shows a creation date of December 25, 2017 – tomorrow:

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Will the Tax Bill be Good for US Domain Investors?

Elliot Silver
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The US Congress is on the verge of passing a major tax bill that looks like it is going to have an impact on just about everyone who lives and/or pays US taxes. I am not an accountant nor do I have any tax expertise, but based on what I have been reading, watching, and observing, it seems like this bill will be good for domain investors who reside in the US and pay taxes here.

There are three reasons why I think the bill could end up being a positive for US-based domain name investors:

  • Tax deduction for pass through entities – It looks like people who generate revenue via pass through entities (such as LLCs) will see the tax rate on this income decreased. Many domain investors I know operate LLCs and the majority of their domain investment income is generated in this manner. Lower taxes on this particular
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