If you like DNray Forum, you can support it by - BTC: bc1qppjcl3c2cyjazy6lepmrv3fh6ke9mxs7zpfky0 , TRC20 and more...

 

Shocked by Low Offers on High-Value Domain

Started by rivekAE, Sep 02, 2024, 01:14 AM

Previous topic - Next topic

rivekAETopic starter

Hello, I'm new on this forum and noticing some strange stuffs. For instance, I purchased a domain at auction valued $4500 by GoDaddy, $40000 by estibot, and $54000 by saw, and my winning bid was $270. I'm planning to sell it for more, obviously. But folks here suggest $50-100 to buy it.
Is this usual here? Or are they just joking?
  •  


AppePzepHek

GoDaddy, Estibot, and Sedo (I reckon that's the 'SAW' you mentioned) are all tools that domainers use to estimate a domain's value. They use different algorithms and factors to come up with their numbers, but they ain't always accurate. It's like using different SEO tools to predict a website's traffic, they can give ya a general idea, but they ain't gospel.

Now, let's talk about that 4500domainyousnagged for 270. That's a heck of a deal, ain't it? But here's where things get interesting. You see, some folks on this here forum might be pulling your leg, or they might just not understand the value of a good domain. I've seen some greenhorns suggest crazy low prices, thinking they're doing a newbie a favor, but they're just setting them up for disappointment.

You see, domain investing is all about finding undervalued domains and flipping them for a profit. That 4500domainyoubought? It sworthwaymorethan50 or $100 to the right buyer. It's like finding a hidden gem of a website, it might not look like much to some, but to the right buyer, it's gold.

Now, I ain't saying you should go around bragging about your $4500 domain. That's just asking for trouble. But don't let folks lowball you either. You gotta have confidence in your purchases, and know that sometimes, you gotta spend money to make money.

So, how do you sell that domain for more? Well, that's where the art of domaining comes in. You gotta know your audience, your market, and your competition. You gotta be patient, too. Selling a domain ain't like selling a used car, it can take time to find the right buyer.

You might want to list that domain on a marketplace like NameJet or GoDaddy Auctions. You could also try reaching out to end-users directly, if you know who might be interested. And hey, don't be afraid to ask for what you think it's worth.
  •  


If you like DNray forum, you can support it by - BTC: bc1qppjcl3c2cyjazy6lepmrv3fh6ke9mxs7zpfky0 , TRC20 and more...