• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Trading Life for a Weekend?
    Build a Business, Build a Life.
    Unleash the Dream.

    Become an UNSCRIPTED™Entrepreneur.

    UNSCRIPTED™ Entrepreneurship is an entrepreneurial business strategy that unleashes dreams, frees time, and explodes your incomes—but more importantly, it changes your life forever. Make no mistake; this isn’t something you “try”— this is something you live.

    FREE Download (Unscripted) FREE Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

Best secondary domain marketplace for buying/selling??

Discussion in 'Investing and Trading' started by MJ DeMarco, Jul 22, 2017.

FORUM SEARCH


Need answers about entrepreneurship? Search FIRST! More than likely your entrepreneurial topic has already been discussed.
Powered by Google Site Search.
  1. MJ DeMarco
    Offline

    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    23,525
    Likes Received:
    57,910
    Joined:
    Jul 23, 2007
    Gender:
    Male
    Location:
    Phoenix, AZ
    Rep Bank:
    $226,871
    Admin Post
    I was wondering if anyone had an experience with buying/selling in the secondary domain marketplaces.

    Is there any preferred venue for the best prices? Either on the buy or sell side?

    Some of the major marketplaces:

    GoDaddy, Sedo, Flippa, Afternic, DomainNameSales

    Just curious to hear if anyone has any experience they'd like to share.
     
  2. topherea
    Offline

    topherea Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

    Messages:
    1,628
    Likes Received:
    659
    Joined:
    Apr 27, 2010
    Gender:
    Male
    Rep Bank:
    $3,550
    I've done this only once. So others here have much more experience than me with this but what I was told was that if I wanted a domain bad enough to apply for it on all of the auction venues, which I did, but then some asshole in Colorado, who's a domain squatter, has software that's faster than the rest and chances are excellent he'll end up getting it and then listing it for thousands --- which is what happened in my situation.

    My thought is put the bid in at the last minute so its not sitting up there for a length of time for others to see
     
    MJ DeMarco likes this.
  3. vinylawesome
    Offline

    vinylawesome Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

    Messages:
    235
    Likes Received:
    606
    Joined:
    Aug 11, 2012
    Rep Bank:
    $4,022
    I've only had experience buying Domains. I've purchased from Godaddy Auctions as well as Namejet. (I haven't purchased from either platform in a little over a year). I've gotten some decent investments from both platforms for a reasonable price.

    However, I probably wouldn't buy from NameJet for a while (Possibly Ever) until they get there shill bidding under control.
    Source: Bidding on your own names at NameJet...?

    In terms of Sell side I have heard good things about DomainNameSales. They are more of a broker and try to get full value as opposed to some of the Auction platforms which seem to garner wholesale values. Some of the deals I purchased on NameJet and Godaddy were for less than $100 but had estibot values between $5,000 and $14,000 so keep that in mind when selling:rage: or buying:).

    So if you have domains that an end user would pay a premium for I would definitely consider DomainNameSales. In addition the higher value the domain the more outbound marketing they do.

    Edit:
    Namebio.com is a database site that shows records of all publicly sold domain names. It definitely helps in regards to research and what type of domains do well on certain platforms.
     
    Last edited: Jul 27, 2017
    MJ DeMarco likes this.
  4. roy_mittal
    Offline

    roy_mittal PARKED

    Messages:
    1
    Likes Received:
    0
    Joined:
    Jul 27, 2017
    Gender:
    Male
    Location:
    Sydney, Australia
    Rep Bank:
    $1
    I just bought two websites from Flippa,with Good niches making good money passively.
    My whole MOTO was to learn about website and its functionalities because I have done Masters in Information Technology and I don't know shit about fully functional website and How it works ? and How all programming language is connected with each other?

    you see, I was more focused on getting good grads in subjects than learning but it never struck me how am I gonna use it in real life?
    Right now, I am in the process of transferring my websites under my hosting and I fucking leaned all the new SQL queries and web technology which I was not aware of that two under week.

    I would highly recommend to Buy and sell websites on Flippa just to get your hands dirty and learn UPDATED WEB-TECHOLOGY WHICH THEY DO NOT CARE TO TEACH YOU IN UNIVERSITY, it just cost you $100 and you will learn more than any IT graduate.
    I was living in bubble saying "ohhhh Buying Websites!! I got this " But no I did not get it at first and I am still learning,

    Do not live in the bubble of Degree certificates, it is just a paper saying you are good employee material.
     
  5. maverick
    Offline

    maverick Unorthodox Nonconformist Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    184
    Likes Received:
    459
    Joined:
    Oct 26, 2012
    Gender:
    Male
    Rep Bank:
    $2,544
    I buy domains either through Sedo or I check the whois records and email the administrative contact directly. Flippa is great for buying websites (with established traffic/revenue) as it gives you the fundamental due diligence info you need.

    Domains with a value up to 4-figures can be sold on the Sedo marketplace. Anything above the 4-figures and you can use the Sedo brokerage service. This also applies when you're looking to acquire a domain that will be 5-figures+. Sedo can then act as the buying party by setting up contact with the domain owner and act as your proxy. I've sold a few ES TLD domains through the Sedo brokers reaching out to me.

    Needless to say, they will put the money in escrow to ensure no funny business happens.

    You can check the DNJournal to see high-profile sales of domains - and notice that Sedo is the selling party 90% of the time:
    .CA Leads ccTLD Assault on This Week's Sales Chart - Canadian Domains Take Top Two Spots with 5 More Going to Other ccTLDs
     
    MJ DeMarco likes this.
  6. ddzc
    Offline

    ddzc Gold Contributor FASTLANE INSIDER Speedway Pass

    Messages:
    527
    Likes Received:
    1,034
    Joined:
    May 22, 2012
    Location:
    Toronto
    Rep Bank:
    $6,718
    Hey MJ, I do domain investing as a side hobby, just bought a few this week actually.

    I recommend Namejet and Snapnames (most of my purchases are off NJ). If you're looking at snatching dropped domains, Drop Catch has worked well for me. Another site which I just found out about is Pool.com, never used them though, worth looking at.
     
    MJ DeMarco likes this.
  7. SeePetey
    Offline

    SeePetey Highly Trained Ape Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

    Messages:
    23
    Likes Received:
    16
    Joined:
    Mar 8, 2012
    Location:
    Kandahar
    Rep Bank:
    $130
    I like Snapnames, there's a LOT of garbage on there but definitely the occasional diamond. I picked up OnlineDiscounts.com for pretty cheap awhile back, along with a few other little treasures over the years.
     
    MJ DeMarco likes this.