Recent sales at Sedo show that you should pay attention as deals abound.
If you haven’t been watching domain auctions lately, you might be missing out on some great values.
Consider these Sedo/GreatDomains sales completed over the past week: Fifties.com for $5,099 and BananaSplit.com $3,100. Now these aren’t the world’s greatest domain names, but I could see them selling for 2 or 3 times as much just a year ago. And frankly, I could see them selling for 2 or 3 times as much a year from now.
Stocks are on sale. Domains are on sale. If you’re in it for the long run now is a great time to buy.
For example, I’ll be in the stock market for another 35 years before I officially retire. So although it pains me to have lost nearly half of my retirement savings over the past year, I have plenty of time later in life to worry about that. In fact, yesterday I started buying stocks again at about DOW 9,000. I think it could drop a bit more, especially as companies announce earnings over the next 2-3 quarters. But I also think that even reduced earnings warrant higher stock prices than we’re seeing right now.
The domain market is less mature and carries lots of risk. But “long term” is much shorter, too. I think we’ll start to see a rebound in prices shortly. Also, since domains aren’t as liquid as stocks, many people will sell them below market value just to raise needed cash.
So pay attention. There are deals to be had.
Rob Sequin says
Agree completely.
These are Frank Shilling days!
For the few of you who may not understand the reference, Frank Shilling started buying domains after the dot com bubble and he’s done well so far 🙂
Denys says
The only difference Frank is selling these days 😉
Rob Sequin says
How do you know that?
Kevin Jackson says
The truth of the matter is that some domains were overpriced a few years back, anyway.
When the dust is settled, we will see more domainers amd marketplaces focusing on quality, and not quantity.
Quality domains will always sell. The sale price may depend heavily on the liquidity requirements of the seller, rather than the buyer’s ability to buy.
Art says
Rob, its doesnt take a genious to figure out that Frank selling this days. Domains are not liquid, and they ride on disposable income of companies and people. When income drops, so does the buying spree. And no we wont be seeing those domains for twice that amount. Kevin said it good, its was overvalued. Once again if you have generics, they always will be in demand. But banna split is not exactly go to domain.
Rob Sequin says
“Rob, its doesnt take a genious to figure out that Frank selling this days.”
Indulge me then please. I read about domains all day long and have not seen a single article about one of his sales.
Do you have an example?
Johnny says
I have heard through the grape vine that he is now selling.
It could be total rumor…… but Rick is selling and they are both pals and they both stopped blogging regualarly more or less around the same time…. draw from that what you will….. but to me they saw the writing on the wall, meaning the market is changing, and stopped beating the drums as much about domaining’s merits.
What if Google cuts out the “long-tail” as has been rumored? What if Yahoo crumbles or gets bought out? With some drawbacks starting to rear their ugly heads, would it not just be sound investment practice to take some profits now just in case?
Rob Sequin says
Johnny,
That’s a REAL stretch. You started with “it doesn’t take a genius to know that Frank is selling” and now it’s a rumor?
You shouldn’t make public allegations about someone’s business practice.
I will say that I have a folder with nearly 200 of Frank’s names. I just ran all of them and the whois has not changed on a single one. Of course he has many more than that but with that limited test, none have changed hands.
I’m writing all this because this is like yelling fire in a crowded theater.
You can’t just make a statement like that about a large player and the industry in general.
Steve M says
Rob, I agree w/you.
It’s not right to say things about a fellow domainer unless you know; and are willing to say how/prove it. Especially a great guy like Frank (and of course, there’s never anything wrong with selling names; most of us do so).
As for Fifties.com, well, that was a giveaway; and one that I should not have missed.
What a great name for a 1950’s site/company … and/or for all those many people in their fifties.
Even if not so today, it’ll be worth–and would sell–for 10x that in the next 3-5 years.
Robbie says
FS does have names for sale and I have seen some of them recently but whats the big DEAL!!!
Everyone sells names!
If you have a name that doesnt generate much cash for you because ppc is down what would you do?
Sit on it and keep paying reg fee and hope for the best or try selling it and see if you can get some cash?
I know with the way the markets are at present I would try selling it and if it didnt sell – Then sit on it…
Now is a time to buy but please remember Cash is King!!!
Dont put yourself in debt buying names you cant afford because you hope that next year or in ten years the name could be worth millions…
Just Think A Little First…
My thoughts only and if anyone on here is looking to sell there names hit me up [email protected]
Regards,
Rob
Rob Sequin says
Robbie,
Please show me one domain of Frank’s that is listed for sale or has changed ownership.
Since you claim that you have seen some, please list them here as an example. Maybe someone here would like to buy Frank’s names.
Unless you KNOW that Frank is selling names, please refrain from spreading rumors.
Kevin Jackson says
One should not spread rumours which are untrue or unconfirmed.
But what is the big deal about whether or not Frank Schilling selling names?
Is Frank shilling the domain industry or the domain industry central bank/Federal Reserve which controls liquidity?
It is not about who is selling, it is about supply and demand.
People should stop wining about issues of no importance and focus on increasing the demand for domain names. Take the domain market to end users.
Robbie says
@ Rob Sequin – I know that DiamondEarings.com is for sale it has been listed in DNCartoons.com recently – The whois belongs to FS.
@ Kevin you are totally right the domain market is bigger than FS…
DNCartoons.com says
The domain that matches Frank’s domain was a mistake in the newsletter (it should have been the .net not the .com which Frank owns.) Frank has never contacted me about putting any domains in the newsletter.
Regards,
Eric
Rob Sequin says
Thank you for clarifying that.
So, just for the record, we have no proof of Frank offering any of his domains for sale nor do we have any proof that he has listed his domains for sale.
I ask the above posters to back up their claims that Frank is selling domains.
Robbie says
I ADMIT MY ERROR!
I have no proof and retract my comments regarding FS and DiamondEarings.com
Rob
Rob Sequin says
Thank you. Please don’t read my comments as though I am out to prove anything.
Just that if Frank is proactively selling that would be interesting to the industry watchers and Players as well as myself personally because he has a number of niche domains that I would like to buy.
Ken Gettys says
I don’t expect Kiss.com on eBay to sell for as much as what it did a few years ago. I am also looking at domains like SexieSanta.com and CNNNyc.com on Sedo.