Domain Hunting

[Shawn Gossman]

Do you hunt for premium domain names?

You might do this to have a better domain for your forum, or you might do it to flip the domain name.

 

[B.F]

If it’s never been used and it’s a solid brand domain, and you have connections for domain buyers you can make bank.

 

[Shawn Gossman]

If it’s never been used and it’s a solid brand domain, and you have connections for domain buyers you can make bank.

I agree but it's hard to find ones that were never used these days, at least the .com ones.

 

[Cedric]

I don't really hunt for domains if I have no use for them. It's a wasted money pit in my opinion.

 

[Cpvr]

I don’t hunt for premium domains as I don’t flip domains for profit. I don’t specifically buy domains unless I have a plan for them.

 

[B.F]

I sold one for 100 dollars then my whole account got hacked so it ain’t really worth it. Some of the domains I bought are now very big and well known.

 

[frm]

Do you hunt for premium domain names?

It's on my daily to-do list to find domains to add to my portfolio.

I've only ever held 99% .coms and could only count on my hand the number of .net, .org, .xyz, and now, a .forum I've held onto.

.org domains were good when Google favored EMDs, so I probably had less than 99% .com at one time, as I could develop a 5-page .org page with AdSense to set and forget. The method no longer works, and the EMD in .org isn't an invest-worthy name, so they all eventually got dropped if not sold for $1~.

If it’s never been used

This doesn't reduce its value. I can see how, if at one time, it was used for adult content, that it could be a hard sell, but it's not impossible.

I don't really hunt for domains if I have no use for them. It's a wasted money pit in my opinion.

Sometimes it feels that way to sit on a $10-500 domain name for 5-10 years, but that $5000+ sale at the end all but makes up for it. You can't just buy junk, though.

I don’t specifically buy domains unless I have a plan for them.

This is my methodology of selection. If I can have a plan for them, I know someone else out there may have the same or a similar idea. It's worked for me, and where it hasn't, I've developed minisites for AdSense revenue, etc., or just leave them parked.

I sold one for 100 dollars then my whole account got hacked so it ain’t really worth it.

I don't see the logic in this. I mean, say I invested $100 into a company and it went bankrupt. Am I going to choose not to invest $100 into another company when my outlook is 20+ year growth? (I prefer index funds and ETFs now, but I do have a small portfolio of select companies only.)

Some of the domains I bought are now very big and well known.

I've visited some of the domains I sold before and kicked myself in the butt for the price I sold them at. I no longer follow up on domains I sell...

 

[B.F]

I don't see the logic in this. I mean, say I invested $100 into a company and it went bankrupt. Am I going to choose not to invest $100 into another company when my outlook is 20+ year growth? (I prefer index funds and ETFs now, but I do have a small portfolio of select companies only.)

There no logic to it. New domains can be checked what was on it how much SEO was done to it, its ranking. I was just buying very good home found domains that was not used or not company registered or nothing on it that I bought, but someone stole them all after I put one domain on an auction domain site and gave them my main account email to push the domain over.

 

[Shawn Gossman]

People will pay good money to get a domain that matches their brand.

If you nab that domain first, you can make a pretty penny from it later down the road.

 

[meetdilip]

It is not easy to buy, hold and then sell domains at a higher rate. Some domains get into us at a higher rate and take a longer shelf life.

 

[Shawn Gossman]

It is not easy to buy, hold and then sell domains at a higher rate. Some domains get into us at a higher rate and take a longer shelf life.

It's definitely a gig for someone good at it.

I'll let things expire before I even think about selling them, lol.

 

[meetdilip]

You need some cash that is ok with a shelf life.

 

[frm]

You need some cash that is ok with a shelf life.

I know of investors who started with as little as $10 ($8.50ish, long ago, just rounding for simple math) registration fee for domains and snowballed into six/seven-figure portfolio territory over the years. Very few (maybe 1 or 2) that started with .xyz $0.99 cent registrations and accomplished the same thing, too.

It really falls back on this:

It's definitely a gig for someone good at it.

Picking the right name and having the perseverance to get that name off your shelf as quickly as possible, even if you have to cold call (or email) 100 prospective buyers. As a side note, it's no different than a business that sells physical products, which undoubtedly has a higher expense.

Take that $10, flip it for $50, take those 5 new names, flip them for $250, take the $250 and go all in or split it into $50/50/50/50 and sell for $500~, etc.

Then, get to a point where your portfolio is paying for itself and people are then coming to you to buy $1000~ names instead of you going to them, or the latter, and keep pushing the portfolio value and sales and profit up.

I'm at a point where my portfolio pays for itself, and I no longer need to go out to make sales as the buyers come to me. I can negotiate a fair price and still make money from it, as I'm not too concerned about making just domain name sales anymore, since I'm very well diversified.