If you’re new to the domain investing (even if you’re not), then you likely encounter a how cumbersome of a task it is to identify undervalued domains.
From NameJet to GoDaddy to Dynadot to SnapNames along with many more domain auction aftermarket platforms, identifying and narrowing in on undervalued domains — whether expired, public, private, or closeout — is a full time job in itself.
Thousands of domains expire in auction daily (as a subset of data is shown via DomainState.com chart below), and an unidentified number of those domains go on to be caught, or deleted and made available for hand registration (small percentage, but still happens).
It’s been a while since I shared a domain sale experience. The reason I’m highlighting today’s story is based on my latest experience selling a domain to a buyer that’s likely a Chinese domain investor.
How do I know that the domain buyer is a Chinese domain investor? I don’t know with great certainty, but it’s highly likely based on what I’m about to share with you.
I’m glad to report a few months into 2018 that I’ve been blessed with an influx of favorable domain inquiries. In fact, most of my sales started last November.
However, this specific domain request arrived a few weeks ago and intrigued me because of the following reasons: Continue reading
NamesCon has concluded with yet another successful year as I type this recap of Day Three (more to come).
It’s the start of Day Three of NamesCon, the halfway point. In a city that never sleeps, I find myself a few steps slow. Continue reading
A few days ago, I shared with you about GoDaddy Domain Auctions disappearing before time expired as experienced by now retired, longtime domain investor Rick Schwartz.
Schwartz was figuratively robbed in broad daylight by GoDaddy’s Aftermarket platform as he actively bid on a expired domain that vanished from his viewing with less than 5 minutes this morning.
With no good explanation of what took place, Schwartz took to Twitter, and lit a fire under GoDaddy with endless questions, jabs and everything in between.
And where did this get him and us, the domaining community? Continue reading
I often field emails and phone calls from persons wanting to break into the vast world of domain investing.
Some think it’s a business where they’ll be the ones to purchase a domain on Monday for pennies on the dollar and then flip it for thousands or millions by Friday.
I call this person the simpleton domain loser. Yes, I was once this person.
Without adequate understanding and comprehension of the various domain niches, they think it is just as simple as hand registering domains or bidding up expired domain auctions.
If you want to lose money quickly, then domain investing is one of many ways to lose your job, shirt, house, and car.
Domain investing is a precise game of patience and thorough understanding of supply and demand economics.
So, where did I go wrong? Continue reading