š” New to domain investing?
Here are 3 quick tips:
1ļøā£ Start small, focus on quality
2ļøā£ Research before buying
3ļøā£ Be patient - sales take time
š More at tips coming. š
#DomainInvesting#DomainFlipping#PassiveIncome
ā Finally closed the deal! Oasisā¤tv sold for $6,000!
The sale agreement was made on Sep 9āthe same day I had 3 sales. I thought this one might fall through since the buyer took about a week to pay, but luckily it went through.
Iād been negotiating since Aug 21. Buyer started at $1,000, quickly raised to $5,000, then stalled at $6,000. I hoped for at least $10K, but with such slow replies I decided to compromise.
$6K is still a solid ROI for a .TV Iāve held for 20+ years. Not bad at all.
P.S. Wonder if the buyer is Oasis band⦠they seem active again lately. šøš
Sold on @afternic. Still vacationing in Europe so donāt have hold time or buy price on hand.
Hopefully Iāll have a few more sales before I get home. š¤
Approaching half a million this year in @afternic sales.
I cannot give you the exact recipe to scale a portfolio to 200,000 domains as times and markets change.
But I can share the exact mindset that brought me where I am. It's the @igrowyoung one here:
https://t.co/4zi2vBlgXA
@Karakehayov@domain_days Awesome. š Dubai has an interesting market that values assets. E.g Number plates. With good orientation as domain days is doing, they're quickly appreciating digital assets such as domain names.
In case you meet someone who'd be interested in UAEAgentā¢com, I'm happy to deal.
Yesterday saw $370k in domain name sales including:
$29,000 Trigā¤ai
$9,395 Deviationā¤ai
$6,799 TinyJetā¤com
$6,666 ConsciousAIā¤com
$3,900 Lienā¤org
Trigā¤ai last sold publicly for $444 and Deviationā¤ai for $120 š„
Full list š https://t.co/j0CYSAgQrR
#Domains
Namecheap is being acquired by CVC for ~$1.5B. Private equity sees domains not just as names, but infrastructure. Those who treat domains like static assets are going to be outpaced in the next cycle.
https://t.co/kiO8hQOQQC
Meet The Domainer Who Went From Losing 21 Domains To Facebook, Later Incurring $2 Million Renewal Debt To Making $50 Million+ In Lifetime Revenue...
Large portfolio renewal fee has ruined the career of a lot of domainers...
Not for this tenacious one. Open to know more about him.
Our domains now receive 1+ million visits a day, yet traffic revenue is crashing :( It was good while it lasted!
Without those past successes it would not have been possible to develop https://t.co/v6K3ZPyDqQ and https://t.co/DpXK6lLeSW and launch I Grow Younger (@igrowyoung).
Here's how expired gTLD domain names are handled at GoDaddy:
1ļøā£ When a domain expires, the past registrant has about 30 days to renew it.
2ļøā£ Around 26 days after expiration, the domain automatically enters a 10-day expired domain auction where bidders place proxy bids.
3ļøā£ Once a bid is placed, the past registrant can no longer renew the domain.
4ļøā£ If no bids come in during the expired auction, the domain moves to a 5-day closeout auction where the Buy Now price starts at $50 and drops daily to $5 ($50, $40, $30, $11, $5).
5ļøā£ If the closeout auction ends unsold, the domain is deleted and becomes available for general registration.
The total process from expiration to deletion and open registration takes about 70+ days.
Note that most expired domain auctions start at $25, but GoDaddy has been experimenting with starting some auctions at $1 to attract bidders.
If the domain gets only one bid of $1, it sells for that $1 bid plus the domain renewal fee.