Comments on: Domain Owners Should Learn Lesson About Leaving Money on the Table

By: C

Tue, 10 Nov 2009 06:45:39 +0000

I encounter this on a semi-regular basis.
I’ve gotten emails two years after initial contact offering to sell the domain at my original offer…

There are two types of people in this business. Those who make money and those who ‘hope’ for some delusional payday that will never come.

I’d guess a full 90% of ‘domainers’ don’t have the slightest clue about why certain domains sell for what they do or how to assess quality… All they know is that if business.com sold for millions, than surely ebusiness653.vc must be worth a portion of that… Or, on a broader level, if “any given domain” sold for any given price, then their flaming bag of crap domain should sell in that price range, too.

Part of the reason this space is just so easy for otherwise intelligent people is that most of the participants are complete morons. Hate to say it, but it’s the way it is.

By: Unasi

Unasi — Tue, 10 Nov 2009 02:18:11 +0000

Larger guys simply do not have time to waste on small sale, the time it takes has more value then the domain. Larger the guy, higher the threshhold

By: everything.tv

everything.tv — Mon, 09 Nov 2009 21:31:22 +0000

Great point Andrew, seems to be the enom way. $400 was fair for that name. I just picked up a name for $7 hand reg that I see the name got bought for $700 Afternic in 2007.

A friend of mine offered a guy $2000 for a name, he came back with much higher counter offer. Months later he puts on Bido and my friend gets it for $400. Crazy industry.

By: todaro

todaro — Mon, 09 Nov 2009 17:50:05 +0000

me too… offered the owner $2000… was turned down… six months later it had a new owner who probably picked it up on a drop and wanted $500 for it… offered him $250 and he took it. people are funny.

By: similar_experience

similar_experience — Mon, 09 Nov 2009 16:28:44 +0000

I won’t say the name that I now own but it is a fairly strong retail product name with 1,300 exact searches on google. I offered the owner $850 and he wanted like $10,000 and I laughed. Out of curiosity I looked 9 months later and the dipshit let it drop without contacting me. I now own it for $8. This is a true story and I couldn’t believe it.

Conclusion: During the metioric increase of the fiat money supply from 1971 to present day enabled a lot of morons to just show up and acquire assets that appreciated, not because they were smart. Now these same morons are going broke and have no business sense during this collapse.

By: jorge

jorge — Mon, 09 Nov 2009 15:40:21 +0000

Does eNom have real sales people, or is it just an automated platform?

By: Daniel Sanchez

Daniel Sanchez — Mon, 09 Nov 2009 14:24:55 +0000

Simple, yet crucial lesson! RT @DomainNameWire: Learn A Lesson About Leaving Money on the Table http://bit.ly/EHx5a