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Domaining is not a bad business »
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justin
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Brooklyn, NY

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reply to domainking
Re: you are wrong my friend..

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.


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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