A hefty case of domain sales regret — and what you can learn from it.
Most of us who have been around the domain name world for any length of time have regretted a sale we’ve made. It seemed like a good idea at the time, but then we see the buyer flip the domain name for much more.
One domainer got an early lesson of sales regret. He sold CamRoulette.com to Adam Strong for $1,400, only to see Strong turn around and sell the domain for $150,000 shortly thereafter.
What did he feel after seeing it sell? Read this NamePros thread to understand his exact thoughts.
It’s natural to feel this sort of regret. But put it in perspective. You buy a domain for $10 and flip it for 140x that within a couple months. If you have that sort of foresight, you can be in the business all day long making lots of money. Take the money and reinvest it.
If you dwell on it too long, you’ll miss out on other opportunities where selling a domain for $1,400 is the best you’ll ever get. Wait all your life for that “whale” and you’ll miss out.
In this sellers’s case, he received several offers for his domain in a contracted period of time. People offered as little as $400. If anyone should be kicking themselves right now, it’s the guys who offered less than Strong’s $1,400 for the domain and passed when the owner said no. Had they ponied up just a bit more they could have cashed in as well.
I’ve had plenty of domain name sales regret over the past decade, albeit none as significant as this case. I typically have regret for passing up a buying opportunity. Sadly, the only thing that gets you over it is time.