Comments on: “The Perils Of Selling Out Too Cheap” http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/ Sun, 12 Feb 2012 20:38:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: D http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12506 D Mon, 30 Mar 2009 15:48:19 +0000 http://www.thedomains.com/?p=2714#comment-12506 Agree with Tony Agree with Tony

]]> By: Tony http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12501 Tony Sun, 29 Mar 2009 16:44:57 +0000 http://www.thedomains.com/?p=2714#comment-12501 @Tim I already have names that get great offers but have no intention of selling. Like I said, I agree with everything in this post. I just don't think it applies to the average domainer or for that matter 99% who read this. Just keeping it real... @Tim

I already have names that get great offers but have no intention of selling. Like I said, I agree with everything in this post. I just don’t think it applies to the average domainer or for that matter 99% who read this. Just keeping it real…

]]> By: Tim Davids http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12500 Tim Davids Sun, 29 Mar 2009 13:44:13 +0000 http://www.thedomains.com/?p=2714#comment-12500 @Tony Your comments are exactly the reason to read, listen and learn from peeps like Mike and the Castellos... So one day you will have names that get great offers @Tony

Your comments are exactly the reason to read, listen and learn from peeps like Mike and the Castellos…

So one day you will have names that get great offers

]]> By: Dave Bhatia http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12499 Dave Bhatia Sun, 29 Mar 2009 12:51:26 +0000 http://www.thedomains.com/?p=2714#comment-12499 In the year 2000 (when DNA map was completed) I turned down high $$$$$ offer for DNAmap.com . During past several years I have declined offers from $$$ to $$$$$ for Biometrics.us , Genetics.us , Genome.us , Nanotech.us , TechnologyTimes.com , HollywoodTimes.com , Patiala.com , AntiHIV.com , MedicalRepresentative.com , BiotechDrugs.com and many other domains. A broker from a top Domain Selling website had offered me Ten Dollars for one of my domains named above !!!!!!!!!!!!!!!!!! In the year 2000 (when DNA map was completed)
I turned down high $$$$$ offer for DNAmap.com .

During past several years I have declined offers from $$$ to $$$$$ for Biometrics.us , Genetics.us ,
Genome.us , Nanotech.us , TechnologyTimes.com ,
HollywoodTimes.com , Patiala.com , AntiHIV.com ,
MedicalRepresentative.com , BiotechDrugs.com and many other domains.

A broker from a top Domain Selling website had
offered me Ten Dollars for one of my domains named above !!!!!!!!!!!!!!!!!!

]]> By: Aaron http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12497 Aaron Sun, 29 Mar 2009 03:36:27 +0000 http://www.thedomains.com/?p=2714#comment-12497 this is one very good post this is one very good post

]]> By: Gerry http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12496 Gerry Sun, 29 Mar 2009 02:26:32 +0000 http://www.thedomains.com/?p=2714#comment-12496 @ David J Castello The main problem (for us) is that we are developers and know full well the revenue these names are capable of generating. My friend...that is not a problem. That is a blessing! It is one thing to be a domainer. It is an entirely different matter to be a domainer to envision what the end product is or could be and doing it. I have often said - I am the end user. That helps to justify the purchase even more. @ David J Castello

The main problem (for us) is that we are developers and know full well the revenue these names are capable of generating.

My friend…that is not a problem.

That is a blessing!

It is one thing to be a domainer. It is an entirely different matter to be a domainer to envision what the end product is or could be and doing it.

I have often said – I am the end user.

That helps to justify the purchase even more.

]]> By: FX http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12495 FX Sun, 29 Mar 2009 00:54:45 +0000 http://www.thedomains.com/?p=2714#comment-12495 So who bought candy.com ? When was the last time there was a monster domain sale by another domain holder where a domain name didnt change hands ? So who bought candy.com ?
When was the last time there was a monster domain sale by another domain holder where a domain name didnt change hands ?

]]> By: FX http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12494 FX Sun, 29 Mar 2009 00:52:03 +0000 http://www.thedomains.com/?p=2714#comment-12494 we have plenty of monsters that are much bigger than auction.com that have never gotten an offer above its monthly revenue. Its surprising but it seems the bigger the name, the less inquiries it gets. we have plenty of monsters that are much bigger than auction.com that have never gotten an offer above its monthly revenue. Its surprising but it seems the bigger the name, the less inquiries it gets.

]]> By: Domainer http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12493 Domainer Sat, 28 Mar 2009 23:57:09 +0000 http://www.thedomains.com/?p=2714#comment-12493 At one time or another, we all have to step back and regroup. In about 1-2 months, I will cut my shrubbery way back. I should have done it last year. By mid Summer, I'm positive it will grow back heathier and better groomed. I'm also doing that to my portfolio. A friend of mine use to say, the game is not over til we are 6 feet under. We all have sold some domains too cheap. Hopefully we learned. But, it is difficult to say "no". One of the secrets of being able to say "no thank you" is when you really don't need the money. At one time or another, we all have to step back and regroup.

In about 1-2 months, I will cut my shrubbery way back. I should have done it last year.
By mid Summer, I’m positive it will grow back heathier and better groomed.
I’m also doing that to my portfolio.

A friend of mine use to say, the game is not over til we are 6 feet under.

We all have sold some domains too cheap. Hopefully we learned.

But, it is difficult to say “no”.
One of the secrets of being able to say “no thank you” is when you really don’t need the money.

]]> By: Tony http://www.thedomains.com/2009/03/28/the-perils-of-selling-out-too-cheap/comment-page-1/#comment-12492 Tony Sat, 28 Mar 2009 23:48:25 +0000 http://www.thedomains.com/?p=2714#comment-12492 How many people reading this blog does this post really apply to? I ask because guess what? To most of us reading this, I don't believe this applies. If you own very good generic domains, then by all means guard them and hold out for those dream offers. If you own LifeInsuranceWeb.com, don't get delusional. For the rest of us who started within the last couple of years, I believe Rick Latona's philosophy of selling as long as you have the ability/knowledge to get as good a name or better for the same amout as the one you sold. I won't go into details but let's just say I won't hesitate to sell a name I got for $59 off Snapnames for $500 because I know that I can turn around and get a much better name with that $500 (from Snapnames). For the record, I totally agree with this post and Frank Schilling monumental last blog post. It's just that to 99+% of the people who are reading, it just doesn't apply to us. How many people reading this blog does this post really apply to? I ask because guess what? To most of us reading this, I don’t believe this applies. If you own very good generic domains, then by all means guard them and hold out for those dream offers. If you own LifeInsuranceWeb.com, don’t get delusional.

For the rest of us who started within the last couple of years, I believe Rick Latona’s philosophy of selling as long as you have the ability/knowledge to get as good a name or better for the same amout as the one you sold. I won’t go into details but let’s just say I won’t hesitate to sell a name I got for $59 off Snapnames for $500 because I know that I can turn around and get a much better name with that $500 (from Snapnames).

For the record, I totally agree with this post and Frank Schilling monumental last blog post. It’s just that to 99+% of the people who are reading, it just doesn’t apply to us.

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