Why Would Anyone Pay $69 To Own Real–Estate.net?
2009 May 19
Going through the Namejet’s backorder list for today I found this gem; Real–Estate.net.
A domain with not just one, but two hyphens in and a .net to top it off.
I checked Alexa and compete to see if the domain had any traffic but it seems to have none.
Some other domains not to be missed are: kinhdoanh.net, iacciamman.com, and gkapllani.com just to name a few.
Everyday I see over 150-175 domains backordered on NameJet.com at $69 each and out of those, only 10 or so mean anything, another 10 or so will have some traffic, leaving 150 that don’t mean and thing and don’t have traffic. 150 domains at $69, means that $10K a day being spent on crap. That’s $300K a month and over $3.5M a year.
That’s a lot of crap.
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indeed… these are quite the uninformed targeted buyers… I’ve seen this many times over @ snapnames and pool also…
Dn
I see it at all the auction houses, but namejet get the most action.
Today’s Namejet exlusive names are not that good… quality goes up and down daily, but there are always really bad names having 1 minimum bid =P
J… you think those may be fake bids for bait?.. just a thought
try searching on msn for – lowest mortgage rates ….the double hypen works on some of the smaller search engines for seo, but this is obviously not a long term strategy that would seem to make sense, but @ $69 not that much to lose either
Don
But the bigger picture is that all these just $69 domains add up to over $3.5 M a year, which is some serious coin
I think DNTtweet hit the nail – those are baits for copycats and they deletethemselves minute or two before deadline, if some copycat backordered it, he will get it. I am sometimes doing same but I backorder usually domains with Alexa or looking good at the first sight
One man’s crap is another man’s gold.
For $69 for one year that’s just about $0.19 per day for the year. This guy just got some free advertising from you so now what is Real–estate.net worth
?
I buy domains all the time in my niche. Sometimes people bid against me and sometimes they don’t. Doesn’t mean that the domain isn’t worth $69, just not worth $69 to them.
VERY cheap fee to buy the land for your dream idea or to complement your business strategy.
You know…….I used to think that these guys were domainers or something, but I have since found out that most of these guys buying these domains are professional spammers. They just want the keywords.
How many times do you see a guy or a company with 60,000 domains but each one is horrible….. to say the least? Those are not domainers usually.
Rob
I think that is fine for flea markets and garage sales, but in the domain world, crap is crap.
You don’t think you could hand reg two word .net and .org with 2 hyphens in them all day?
If so why pay $69 for them?
If 2 hyphens are Ok why not hand reg ones with 3 and 4 hyphens.
People are using all kinds of metrics to judge the quality of listed names, many of these have nothing to do with end-user potential, e.g. expired traffic, TM keywords, etc… But people can be suckers for automated appraisals and their favorite quality measures…
Junk to me as well…but just goes to show once again the great opportunity in a marketplace as imperfect & fragmented as ours…
I wouldn’t buy a double hyphen domain, but the three other domains you list does make sense, though probably not in a pure domaining perspective.
kinhdoanh.net – tons of results if you search for “kinh doanh” and quite a lot of searches that that include it.
iacciamman.com – this domain has a lot of backlinks, so at $69 you could probably flip it and make $50 if you understand where and how to sell it. Or you can put a page up on it and sell links. And then there’s some more advanced options – which is why it’s possible to re-sell it in the first place.
gkapllani.com – also a domain with existing backlinks, but not as many as the previous domain.
wow, great domain! Thanks for the tip, will check NameJet.com more often now, knowing gems like these are droping! Thanks!
Stefan
You should check out our previous post before you buy expired domains because of their back links, as Google doesn’t count back links on expired domains:
http://www.thedomains.com/2009/04/20/google-doesnt-count-existing-backlinks-when-you-get-an-expired-or-drop-domain/
Yep, I’m aware of those statements and the article on SEL, but what you have to pay attention to is the use of words such as “tries”, “would” etc. It’s not explicitly stated that backlinks doesn’t count.
What’s even more important, is that the reality is in fact different than what is stated in the SEL article. But mainly those who work with such techniques would understand how these links are being treated by search engines.
Also, there’s a range of business and link building models, that makes a lot of the expiring domains with backlinks worth at least the $69.
Once or twice a week I’d think to myself, ‘why did I backorder THAT domain for $59?!’ Recent examples include MuffleFurnace.com and OpticalMirrors.com.
This post makes me feel a whooooooooole lot better about all those mediocre domains I’ve regretted.
Sadly, though, I don’t think the guys that get these really bad ones feel any buyers’ remorse.
Mike,
Stefan is right.
Don’t believe everything you read. Try it and dis/prove it yourself.
- Richard
I relatively new to the domain game. With people registering names like that and buying them, I am glad to see there remain significant opportunities in this industry for even slightly sophisticated and barely disciplined people like me.
OK … I have what may sound like a stupid question to you guys, but I’m *very* new this domaining thing. Actually, I would even consider myself a domainer – I never sold one! I have only ever purchased domains over the year. Anyway, I’m thinking (wife thinks) I should just sell a bunch of these.
So my question is, where’s a good place start if one wants to sale domains?
I really don’t think I have any worth $1000′s – but they may be worth the $57 – $67 you Guy’s talked about here.
Thanks
Allyn
I Would suggest snapnames.com for lower priced domains.
When I heard that the corporation or group of investors that own http://www.4HotPizza.com (and http://www.ForHotPizza.com) turned down an offer of $500,000.00 US dollars for both of them. I thought to myself they must have a Dominos franchise or something, because I can’t see them making that kind of money with any of the parking companies today. I know the owners have a phone number that matches the domain somehow also.
Bren-
“150 domains at $69, means that $10K a day being spent on crap. That’s $300K a month and over $3.5M a year.”
Imagine all that money spent wisely on the right domains. That’s one helluva portfolio in just one year especially in these times when I often see 10K names go for 100′s-1k.
Brenda
I have not heard about this and find it hard to believe, what is your source?
MHB quote –
“Brenda
I have not heard about this and find it hard to believe, what is your source?”
I believe Brenda bought into someone’s hype. Both domains are less than 1 yr old. I would find it hard to believe if they sold for $1,000.
However, I did hear that Murdoch offered to buy “TheDomains.com” for $ 10. million. Michael, could you confirm that?
I agree with the comment that crap is crap, regardless of the product/service.
Domain Investor
It was actually $12M, but I told them I would trade them for myspace.com even up
I saw it in an email and I’m trying to find it so I can copy/paste the entire email to show you it wasn’t bs. Actually I remember it was from one of those bloggers who follows the markets and is always in Modern Domainer and Website Magazine.
Bren-
Maybe thats the reson to have lots of non paying bidders at namejet. When they see there domain has no value, they leave the auction house. Thats why 1 domain auction few times at namejet
Maybe they are just “honeypots” to get a second bidder in who will think the name is worth more since someone else bid and they try outbidding the other guy.
also, I wonder how many of these go without being paid for ?
haha MHB… awesome… and then I’ll trade you My-Space.net for MySpace.com lol
I actually own that one (what was I thinking?)… someone please take it off my hands!!!