Comments on: Forbes.com Covers Domains: “Get Your Domain Now”

By: MHB

MHB — Fri, 10 Jul 2009 21:03:10 +0000

Dot

After the month is over I will tally it up.

The lowest we sell domains for is $2,500

By: DotWTF.com

DotWTF.com — Fri, 10 Jul 2009 19:52:30 +0000

Michael nice to hear July moving well, do you have an average selling price available ? Are you popping them out for $1000 or $5000 ? Thank you

By: Andrew

Andrew — Fri, 10 Jul 2009 15:14:47 +0000

@ Martin – not ICANN. She went for Nominet. Not sure if she won, election was yesterday

By: Martin

Martin — Fri, 10 Jul 2009 14:57:36 +0000

Great to see Nora Nanayakkara, Director of Business Development at Sedo doing this.

She is trying to become involved at ICANN too, right?

It is great that Sedo are helping the industry like this.

By: Arun

Arun — Fri, 10 Jul 2009 11:27:21 +0000

He is talking about an average price. A fictitious example might explain it could be buyers market.

Year 1

100 domains sold for $ 200 each.
1 domain sold for $1 million.

Average price for year 1 = 1020000/101 = $ 10099

Year 2

100 domains sold for $ 100 each.
1 domain sold for $2 million.

Average price for year 2 = 2010000/101 = $ 19900

Average price of year 2 is higher than year 1 but still it is buyers market because most of domains were sold for less (100 domains for $100 each in year 2 vs 100 domains for $200 year 1)

By: Patrick McDermott

Patrick McDermott — Fri, 10 Jul 2009 00:00:53 +0000

“Still doesn’t make sense if its a buyers market that prices are moving higher.”

MHB,

Right. It doesn’t really make sense.

From reading the article I believe Nora Nanayakkara referred to this as
a Buyer’s Market because domain prices, although higher than last year,
are still not near the peak they were during the boom years thus creating domain buying opportunities before prices really rise.

At least that’s how I make sense out of her comments.

By: Andrew

Andrew — Thu, 09 Jul 2009 23:48:35 +0000

Right. Nora’s comment is correct, it was just placed in the article awkwardly, which juxtaposed against the prices being higher.

By: Tony

Tony — Thu, 09 Jul 2009 23:15:52 +0000

Mike,

The assumption is that prices will go up at an even higher clip than it is now.

That’s not inaccurate to assume.

In that case, it’s definitely a buyer’s market.

By: MHB

MHB — Thu, 09 Jul 2009 23:07:46 +0000

Patrick

You are correct.

Still doesn’t make sense if its a buyers market that prices are moving higher.

By: Patrick McDermott

Patrick McDermott — Thu, 09 Jul 2009 23:01:11 +0000

“Can’t expect too much from the mainstream press.

Moreover calling it a buyers market while reporting that prices are increasing so you better get that domain now, doesn’t make too much sense either.”
–
MHB,

Actually it was Nora Nanayakkara who said it’s a buyer’s market not the
Reporter.

“‘Prices are still lower than during the boom but this is pretty much a buyers’ market,” said Nora Nanayakkara’”