James Booth sold $5 million in domain names within six months of opening his brokerage firm.

James Booth had a bit of an “in” when he got into the domain name business. His brother Andy Booth is a very successful domain name investor. Still, James’ early success brokering domains has been phenomenal: about $5 million in domains in the past six months. Based in the Philippines, he’s had lots of success selling to the Chinese. On today’s program he discusses what’s happened to the value of two and three letter domains and where he thinks the market is headed. He also tells the scary story of almost buying a stolen domain name, and we discuss some of the due diligence you should do before buying a domain name. Also: Pokemon Go craze, lawsuit injustice and Tesla.

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