Domainer
@comcast.net
| That's how it works
Obviously, someone already thought of this "idea" of yours and registered the domain first. If it wasn't worth anything to them, they'd simply let it expire and drop. But the name is probably making some money being parked, at least enough to cover the $6.00 annual renewal fee.
Your attitude on this is all wrong. If you really want a domain that's been registered, you have to attempt to negotiate with the current owner - in this case, BuyDomains. I've purchased several domains from them myself and they WILL work with you. Be thankful that the registrant is willing to sell the domain at all. Some people don't sell their domains to anyone. That's just how this business works. On the other hand, you can always search for an available domain that will cost you a lousy $6.00.
Don't let your frustrations get ya down. Good luck! |
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domainking
@sleyconsulting.com
| you are wrong my friend..
I do not understand how you could be surprised by the acts of seller..
Think of domain name as gold/real estate/product..
People buy it to sell it for higher price.. Same is this case.. The names are more worth than gold because they cant be reproduced/duplicated..
Its simple demand-supply logic.. So, go home and register as many as u can afford before they are gone.. No wonder this trend is going to continue..
btb.. what name are you looking for? can't be said?
Good luck with your web plans |
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justin
Australian
join:1999-05-28
Brooklyn, NY
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| The domain name after-market has insane ideas on the value of the names. They aren't "gold" (except in a few cases) they are lead. You actually have to build a site to turn lead into gold. The majority of this 800k name bank would not cover their annual cost in mistaken clicks although obviously some generate big chunks of revenue from n00bs - IF they host pages that sufficiently deceptively constructed to look like content.
Domain banks like buydomains.com with their "valuation tools" and complex auction systems that really just churn their inventory month in and month out, are fishing for prices rather than being realistic. The fact that they won't list the actual prices the domains are available for on the site - instead preferring to negotiate on the phone - says "valuation bubble" to me.
Most unused domains are not a commodity and have no value beyond their current "click-mistake" revenue, which they dare not show because prices would collapse. |
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deerh
@cox.net
| justin
Some domains are gold and some are lead. Though lead has value too. Buydomains.com and other aftermarket sellers have to sell to stay in business. I don't think they are just "fishing for prices". But if you look at what sells on Afternic and Sedo, there are daily sales of domains between $1K and 3K. Those are lead prices and not gold prices. Business.com and single good generics like that are gold and command gold prices. And for a good domain it would be worth paying between $1 and $3K. Especially if you have the ability to turn a lead domain into a gold one, which it sounds like you do. Good luck! |
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domaincoach
@sbcglobal.net
| Dogs don't chase parked cars
The fact that you are looking for this name gives the name value.
The actual value is determined not just by you but by the seller.
I really can't imagine anyone going down the road and claiming that the car business or home that someone else owns should really be your and at a price you absolutely think is fair.
What ever happened to this world where instead of being proactive and being risk takers we have fallen to the level of sitting idly on the sidelines and expecting others to wait for you to do something or basically give you what you want when you are ready to move on it just because you are you.
As one poster said. Get over it, you didn't act and somebody else did. Either pay what they want or take responsibility for your inaction and hopefully find another name.
But whatever you do please stop whining or putting down true entrepreneurs who understand the power of acting first and are willing to take risks that you apparently are not. |
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justin
Australian
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Brooklyn, NY
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| said by domaincoach :
As one poster said. Get over it, you didn't act and somebody else did. Either pay what they want or take responsibility for your inaction and hopefully find another name. Thats funny. I didn't act because it was over priced by an order of magnitude and if nobody knows I want it, it will remain unsold -- as it is today. They keep spamming me with "act now" emails hoping that one morning I will wake up and recognize the "value" their 100 line bulk registration perl script added to the domain.
But whatever you do please stop whining or putting down true entrepreneurs who understand the power of acting first and are willing to take risks that you apparently are not.
Also funny. Thats right, the true entrepreneur. Just like ticket scalpers. Another great "entrepreneurial" tradition that one should never whine about. Enjoy those thousand dollar vegas show seats sold out at face value because scalpers pay the unemployed to line up each morning at 9am six months ahead of time to buy them up. The "power" of "Acting first" indeed. I'm sure domain banks would have preferred to be in the business of registering patents on self-evident business processes so they can sue anyone "infringing" - but that would have required getting a law degree. Too much like hard work! |
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aaaabbb
@swbell.net
| Domaining is not a bad business
What a horrible business to be in.
Buydomains probably makes over $50 million/year profit on their domains. And that's for doing nothing - collecting PPC income on parked domains. They are also one of the few large domain players that will sell domains. Most large players will not sell domains as good domains are appreciating assets and a domain that makes over a buck a month is ridiculously profitable once you scale it up.
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Dave Zan
@pldt.net
| Hmm...
If the domain name is only of interest to me and nobody else, then the market price is what *I* offer. If you bought a 1997 Volkswagen beetle for $699, it helped you make $1000+
a month for 2 years straight, I email you today to offer to buy it from you for
only $149, will you sell the car to me at the market price I offer? If you find
my offer repulsive, then why are you pissed at BuyDomains' answer to yours?
And now you see fit to spread the gospel according to St. Justin over a thing
you don't seem to fully understand, much more care except for only your own
bias maybe? Hasn't the parable of the rich man who gave up his belongings to
obtain the pearl he wanted taught you anything?
On the side, if you're still getting spammed by those phone calls from BD, why
not tell them to put you on their Do-Not-Call List or risk getting investigated
by the FTC? Are those phone calls and emails from BD anyway? |
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TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
 ·Sprint Mobile Broa..
 ·Comcast
1 edit | reply to justin
Re: Dogs don't chase parked cars
I noticed that all those defending this domain name hijacking were anonymous posters. They are probably in the business of squatting on these names hoping to blackmail someone with an idea and web site that can actually be developed. There should be a rule that if a name is not turned in to a legitimate site within 1 year, that every domain name wholesaler be prohibited from re-registering it.
--
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Internet News
My BLOG
My Web Page |
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justin
Australian
join:1999-05-28
Brooklyn, NY
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| There is a blog entry from the CEO of easydns on the subject of domain trading:
»mark.jeftovic.net/archives/99-An···are.html
I respect Mark and can see his point.
My issue isn't domain name hijacking - that is a whole other subject that we've had to pay lawyers a lot of $$$s to deal with, and it isn't even dealt with yet! More just the whole business of domain name banks and reselling smells off to me. It smells like scalping. |
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Realist
@maltanet.net | Sad but true.
They have the domain. You don't. Pay for it or get over it. Quite simple really. |
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Paul_C
@broadbandscope.com
| Domain value
"If the domain name is only of interest to me and nobody else, then the market price is what *I* offer."
That may be true for today (accepting the lack of active marketing), but if they don't need to sell *today* then they have the *right* of waiting to see if future parties see greater value in it than you do. Especially given that they may see a higher value in holding the domain for their own usage than you do for what you have planned.
That is their free choice, a choice they have *paid* to have. |
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wesm
tmb.org
Premium
join:1999-07-29
Lewisville, TX
| reply to justin
Re: Dogs don't chase parked cars
said by justin  :My issue isn't domain name hijacking - that is a whole other subject that we've had to pay lawyers a lot of $$$s to deal with, and it isn't even dealt with yet! More just the whole business of domain name banks and reselling smells off to me. It smells like scalping. I'd agree that it does feel like scalping, since I've tried (unsuccessfully) to get a variety of domain names in a myriad of suffixes, with no success. (Virtually every domain in .us is registered, I think)
On the other hand, while it bothers me, it's basically the same "bother" as driving by a nice tract of land every day on the way to work, and wishing I owned it. I didn't get there first, or have the capital to invest, or any other of a number of reasons; any way the salami is sliced, I don't own that land, and I'm jealous. Same with domain names. I'd love to have the three letter "variant" of a domain I already own, but there's no chance of that. Therefore, I'm jealous of the current owner, and it torques me off that he's willing to "sell" me the domain at a price higher than I can either justify (a.k.a. the wife factor) or afford ($10,000 for a database entry?!).
Such is life, I suppose.
--
Opinions expressed here are mine and not my employer's. This posting is provided "AS IS" with no warranties, and confers no rights. |
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biscuits_123
@com.au
| ...
"Yet they would rather hold onto this worthless (to them) name"
Domains are vacant land. If you owned 100 acres of land with nothing on it, are you going to give it to me just because I want to build a casino on it? Of course you aren't.
"If the domain name is only of interest to me and nobody else, then the market price is what *I* offer."
No, the market price is what you and the seller agree on, not what you want it to be. It's their choice to wait and see if someone else offers more than you.
At the end of the day, they're making nearly seven figures of sales per month, plus parking revenue, and you're whining like a bitch because you're too unsure if your business model is worth spending $1288 on. Who's the schmuck? |
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MediaHound
@comcast.net
|  reply to justin
Re: Dogs don't chase parked cars
said by justin :Also funny. Thats right, the true entrepreneur. Just like ticket scalpers. Another great "entrepreneurial" tradition that one should never whine about. Enjoy those thousand dollar vegas show seats sold out at face value because scalpers pay the unemployed to line up each morning at 9am six months ahead of time to buy them up. The "power" of "Acting first" indeed. That would make them employed, no? |
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Realist
@maltanet.net
| reply to justin
Just a lot of jealous ranting with no substance Justin. You are rather arrogant if you think *you* should have the domain and nobody else and for next to nothing (in this industry $1288 is quite a bargain). No matter how you wrap it up, stamp your feet, and shout, the fact remains - you missed the opportunity that someone else took. You mentioned getting a law degree so go and do it as you are obviously too late to 'get rich quick' in this industry. The world does not owe you a living especially when your 'idea' came years after domain names were available for everyone. As for their spam - just blacklist them if it upsets you so much. |
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Gwellin
Premium
join:2004-05-31
Regina, SK
·Access Communicati..
| Make it a news item
I'm half surprised the anonymous replies are continuing; it almost seems like a couple of guys using proxies. I curious if you were to post a story similar to this as a front page news item, would you get any registered users defending the scalpers? Registered for more than a week I mean.
--
Here to help all those in need, whenever I can. |
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justin
Australian
join:1999-05-28
Brooklyn, NY
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| reply to Realist
Re: Dogs don't chase parked cars
You guys are all responding with the same cookie cutter argument. "Boo hoo you lost, someone else got there first. Deal with it". But here is the thing: nobody else wants the domain (if they don't know I want it), i'm not grouching because someone was willing to pay a higher price I'm grouching because of the process of offering domains for sale this way is SO VERY SLEAZY. Honestly I get a nicer experience buying theater tickets off craigslist from a scalper.
Do you, if you even exist as a person, understand the difference here? My complaint isn't that there is competition for undeveloped domain names - I'm not bidding on wealth.net or something - it is that the guys running the domain banks are creepy and I feel unclean even getting email (or phone calls) from them.
I'm firmly of the opinion that the domain after-market is way over-valued, it is a bubble of unrealistic expectations built on the quicksand of unregulated online ad business (ads masquerading as content!) and new users who are wide eyed about their new laptop and new browser and click on anything. I think the clock is ticking on the whole enterprise. |
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Dave Zan
join:2007-09-17
1 edit | said by justin :nobody else wants the domain And how, pray tell, do you know no one else wants it? You're not the one who is trying to sell the domain name, and you have no ounce of verifiable data of anyone else making similar offers (if any) to it.
You made an offer to buy the domain name, they made a counteroffer with an option to negotiate, then you find that sleazy? If you think my $149 offer to buy your 1997 Volkswagen Beatle (an example, I know) is too low for you and you reply back with a counteroffer, then I guess you won't mind my blogging about your being a sleazy SOB. (which I won't have to do...)
If by sleazy you mean BuyDomains is supposedly still spamming you with calls and emails, that I'll understand. Meanwhile, tell them to put you on their DNC list, block their emails, and threaten to report it to the relevant government agency with specifics about the matter.
If you think you know all there is to know about the domain aftermarket, then why don't you participate in one of them so you'll know more and maybe even gain a better understanding? Or are you too firmly biased to care? |
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Dave Zan
join:2007-09-17
1 edit | reply to TKJunkMail
said by TKJunkMail :defending this domain name hijacking Define domain name hijacking.
In the domain registrar business, it's generally accepted as one where a paid
domain name has been forcefully and wrongfully taken by a 3rd party without
its registered name holder's knowledge and consent. Where's the hijacking in
this discussion? |
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