Domain Sold for $250k. Anyone actually make some decent $$$ selling domains?

Gambit

Gambit

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Nov 21, 2011
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I recently saw that BitcoinWallet.com and BitcoinWallets.com sold for $250k and $200k respectively.

BitcoinWallet.com Domain SOLD for $250,000


I have about 150 domains I've saved up over the last couple years.

Honestly, I have a few domains that aren't QUITE as good as those 2, but are pretty good domains in emerging markets. A couple should be able to get around mid 4-figures.

Has anyone here had success selling domains? Anything I read about it sounds so snake-oily and reeks of WaFo, that I just don't even bother.
 


csnreyes said:
Hosting & Domains - WickedFire - Affiliate Marketing Forum - Internet Marketing Webmaster SEO Forum
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I promise you 95% of WickedFire doesn't ever go to that subsection.

Unarmed Gunman said:
Domaining isn't what it used to be, but yes there is money to be made. Sedo.com is probably your best bet to offload some of your portfolio.
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Cool. I'll check out Sedo. It seems like a lot of these people probably are hyping up their own domains and hard selling potential startups with deep wallets.
 
I knew a guy who made big bucks in domaining back in '02 before I got into the internet biz. He would have numerous bottles of whiskey and vodka lined up on his kitchen counter and would sit on his couch all day.







Little did I know this would be me five years later.
 
Gambit said:
I recently saw that BitcoinWallet.com and BitcoinWallets.com sold for $250k and $200k respectively.
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Uhm, I literally sold bitcoinwallets.net for $300 a couple days ago. :(

edit: stabbing myself in the dick.
 
Sedo is okay, they charge a big fee. It's frustrating because I need to quote people a lot higher price than I actually want. They should just email the whois.

Serious buyers get your contact info off the whois and email or call.

Here's how to domain, and why people hate domainers.

Them: Hey, can I buy this domain? You aren't using it.
You: No.
Them: I'll give you $350.
You: Sorry, this isn't for sale.

(Two months later.)

Them: Hey, we can give you $1000 for this domain.
You: Suck it.
Them: :(

(Two weeks later.)

Them: We really want this domain, how about $2000?
You: You can blow me.

(Two hours later.)

Them: What do you want from us?
You: Everything you have.
 
Several months ago I bought a domain name for around $2,000. Less than a week later someone offered me $11,000 for it.

I turned it down because I really liked the domain name, but if I had gone through with the purchase it would have been the easiest $9,000 I've ever made.
 
dreamache said:
Uhm, I literally sold bitcoinwallets.net for $300 a couple days ago. :(

edit: stabbing myself in the dick.
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I noticed from the OP's article, the sale of those 2 domains was tweeted on the 5th; the same day a guy hit me up to purchase bitcoinwallets.net from me.

I got played; rather played myself by offering it for such a low price.
 
dreamache said:
I noticed from the OP's article, the sale of those 2 domains was tweeted on the 5th; the same day a guy hit me up to purchase bitcoinwallets.net from me.

I got played; rather played myself by offering it for such a low price.
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I wouldn't sweat it too much. I think you made out well at that price.

It's hard to fetch a premium on most .net domains and the plural here doesn't make as much sense as the singular.

The people that bought bitcoinwallets.com are just redirecting it. Could be they're some of the folks with thousands of bitcoins that cost them almost nothing. So to them it's only a $500 domain. And they get all the coverage for a $200k price tag, piggy backing on the first sale.

Actually, that's probably what's going on with both sales. This is how the bitcoin promotion machine works. They're spending yesterday's pennies and getting million dollar promotion today. Dogecoin when they raised $30k for the bobsled team. Here when someone buys bitcoinwallet.com for $250k. They know the price tag is going to get coverage.

When .mobi first came out there were some big sales, but I suspect there was some kick back going on between the buyers and the registry. http://www.theregister.co.uk/2007/10/11/dotmobi_domain_auction/. This is only semi-related, but sometimes the price tag is a red herring.
 
I've been buying and selling domain names since 2000 or so. I rarely talk about it, as I don't want to invite competition.

But really, yes, you can make a little money buying and selling domains.
 
Zaino said:
dodgecoinwallet.com GO!
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Your name is 5 words long.

In the last few weeks, I had someone ask me to hurry up and reg a domain they found. The domain name was longer than the sentence asking me to lock it down. lol. I did it anyway, because it was easier than explaining why not. (I brought it up later as a matter of normal conversation.)
 
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