The new wholesale value of a Chinese three letter .Com domain name (LLL.com) is now $50,000.
Having over 100 LLL.com, 58 of them which are those Favorited by Chinese domain investors, without vowels or the letter “v’ opens me up to a numerous offers all day long which I recently wrote about.
When I talk about wholesale offers I’m talking about unsolicited email offers from investors and brokers who appear to live in China and are willing to buy a domain today in what is a very liquid market.
Certainly not end users which are still there all around the world for three letter .com’s with or without Vowels or “v’ (“Chinese LLL.com’s)
To call a wholesale value, I take into account the number of offers, the random nature of the offers and the number of parties will to pay that amount or more for a random domain or group of domain names.
As of today, I’m calling the wholesale value of Chinese LLL.com to be around $50K.
Those would be for non repeaters.
Obviously the market for a three letter repeater has been six figures and a two letter repeater such as mzz.com or jjq.com (yes those are my domains) can fetch a higher price so I’m excluding those.
I have been offered as of this morning upwards of $57,000 per for several of the Chinese three letter .com’s and have several offers from several parties at $50,000 per.
Earlier this year the wholesale value was around $24K
A month ago it was around $40K.
Now why I’m I telling you this?
Simply so you don’t sell cheap.
I’m not telling you to buy 4, 5, 6, 7, 8, 9 letter .com’s or domains in other extensions.
So we are clear so we do not have a repeat like the discussion going on another one of our posts from Friday night, the only motive I have is for everyone to get the dollars that are sitting out there for the assets you have and yes, if you sell cheap it doesn’t help anyone including yourself.
If you have one or several three letter Chinese .Com’s and are wanting to sell but are not getting offers in this range then feel free to hit me up for brokerage.
Or think about putting them in the ROTD.com NamesCon auction at which time at this rate, they will be worth a lot more but no one can predict the future.
Simple just don’t sell them for $25K or $30K or even $40K
Keep in mind that three letter .com domains with a vowel or a “v” still have value but they don’t have a wholesale value and the liquidity that the Chinese domain names have.
next thing you’re need to do is predict the winner of the 2007 Superbowl.
confirmed also on my side MHB.
namejet’s auctions are getting on this mark also. some hitting 60k range.
an increase of 10k in about one month. crazy, crazy…
also, LLL.net trying to keep up the pass and getting into the 3k range also for combinations not having vowels neither “v”.
RaTHeaD
Patriots of course just like last year
I own a couple and all I get are 6-8k offers.
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” – Ludwig Von Mises
My opinion that $50k for any LLL.com is very low amount, fair LLL.com floor price must be at least $100k, most of all this LLL.com have many TM’s and companies with same acronyms and once someone of them purchase it for others odds is closed to own it, so there must be battle to own such names and winnner takes it all. Nowadays even $100k is not too much money for marketing purposes for mid. level companies. It can be fun for you, but if i have any LLL.com even with worst letters i will not accept anything less than $300k
the trademark risks you describe are a MINUS not a PLUS.
300K?
Think we will one day meet the Colonel himself as we go up the ‘Apocalypse River’ of strangeness.
http://www.zerohedge.com/news/2015-11-09/keynesian-constructed-markets-will-drift-ever-further-reality-impoverishing-all-laye
It is getting so you really have to employ unreason in 2015. I was never very good at that. 🙁
This is good news for everyone. But if I may ask, does this mean that 5L will pick up some value in the long run?
The elite Chinese crave premium everything in short supply – Bordeaux wine (first growths), beachfront properties, luxe real estate in Tokyo, Hong Kong, NYC, Bay Area, Paris, London, and LL NN domains.
You got that right: LL.com and NN.com domains.
Not 8N .com domains.
Yep, and I will predict the value of the new generic TLDs to hit a big fat zero. Actually, negative once renewals are factored.
I’M Calling It: The New Wholesale On Chinese LLLL.com Is Around $150K
Coming soon at the end of the year!!
Doctor
I’m talking wholesale
to a buyer who is not the acronyms holder and could really care less what the letters are just that they are not vowels or “v”
There has always been a wholesale buyer for these type of domains, just saying now the liquidation value is $50K
Not selling at that amount myself but the market can move in any direction
PS you can always wait for that perfect end user and would not tell you not too, but that could be a month from now or 10 years from now
Isn’t “wholesale” the price domainers sell to other domainers? There are plenty of sales for considerably smaller amounts.
Data from Namebio in the past 30 days:
jfs.com 60,500 USD
uio.com 30,600 USD
dcr.com 42,000 USD
rsc.com 66,000 USD
eiq.com 24,600 USD
hhp.com 46,678 USD
noy.com 39,000 USD
jek.com 25,000 USD
xug.com 13,002 USD
ntq.com 44,600 USD
zmi.com 30,200 USD
gey.com 29,377 USD
jlm.com 44,317 USD
xuh.com 18,220 USD
oka.com 60,000 USD
jup.com 23,500 USD
mtf.com 39,900 USD
xug.com 21,300 USD
esw.com 25,000 USD
cln.com 45,000 USD
jhg.com 54,000 USD
I’m seeing the minimum blanket offer for Chinese letters is $55K. I won’t take less $65K.
@Acro, you need to note those lower prices contain the dreaded vowel!
While I understand that is what drives price for them it still makes no long term sense to me globally speaking. In saying that I certainly focus on non vowel LLL for the time being lol
I guess available LLL.coms are extremely limited on the market and the holders will try to hold them until they see the wholesale price of $100,000. They know what’s going on on this market. Why not hold and wait for a few extra months or even a year? As years go by, their price will only increase due to exponentially increasing scarcity.
What do these short domains DO again?
Tulips were once highly liquid as well.
That said….madness of crowds and all.
NNN.com to a $Million a name.
why not?
At least LLL.coms are easy to remember and versatile. IMHO, there is no reason that demand will not increase for them. The number of Chinese millionaires is equal to a certain country’s population. needless to say, they want short .coms. very limited supply and exponentially increasing demand, that’s all about it. My memory ability allows me to remember 3 LLL, not LLLL unfortunately. Yes, I mentioned tulip fever here the other day, but it was to express my feeling about 4 digits or more. Not 3 digits. Sorry to 4 digiters.
Actually in another thread I think it was explained tulip mania was actually bullshit and that the author really didn’t know what he was talking about when he wrote it another history filled hoax. Why do I think that the people talking down three letter .com have never owned a three letter.com or any valuable domain for that matter.
I like your market making 🙂
From a China mail today: “So if you are interested,please let me know and we would offer an average price of $50K per domain name,thank you.”
Some enterprising dipshit spams the hell out of me these emails:
To the Domain owner,
I located your contact from whois lookup and I understand that you own the domain name ***.com
I am looking to secure a domain name for my new website and I think ***.com would be useful.
In order to express my interest in ***.com, I would like to offer $40,000 USD via escrow.
I believe the price is fair because the domain is three characters long.
Please let me know if you are interested.
Best Regards,
Jennifer
He uses a bunch of different female names and uses gmail accounts that match up with the female name. He’s always $10K-$20K behind the market.
MHB, you must upgrade this call… in the same week prices gone up to 60k mark. on my side i started selling some in the in 65k-70k last week. some spam emails now willing to offer $50k for each lll.com with no vowels and no “v”. namejet auctions hitting the 70k.
do not sell for less than 60k guys…
Jose, $60k minimum for worst LLL.com, good ones receives $200-300k offers already..you can believe or not, but that’s what i see at the moment. Definitely $100k will be floor price for worst ones, and up to $1mln for good one, all depends how long owner can keep owned name, some sells it even less than $40k as needs funds. Market flooded with 4L, 5N, 6N, etc domains but I thing only LL.com and LLL.com have real value globally, i dont believe in numerics domains even considering their high prices.. they are limited only to China and usually used only for intertainment sites, when LLL.com can be used globally by anyone and for any purpose not only for intertainment. 10 years ago best investment were LLL.com and nothing changed now as well, this ones currently most valued names, no any domains have so much TM’s globally so it means no any domain have so much rean end-user demand.. for me only LLL.com is NOT overvalued currently on the market as this is only names which can be used by serious end-users. How much of you guys will trust company/businesses if they use other names for example LLLL.com, 3/4/5/6Numerics.com, or other extentions? I will not trust too much to such companies, for me gold is only LL.com and LLL.com, but you can forget about LL.com as it’s hardly now you find any less than $1mln, so only LLL.com still is possible to purchase by investors for undervalued prices, but you need to harry as their prices is rise and soon not too much investors can afford them too.
Jose
I’m talking about wholesale liquidation value based for any Chinese non-repeater domain, on what I have been received offers on by multiple parties
I’m still in at $50K
Still not selling
I am sure this is child’s play to you all but I received 3 inquiries today for “Chinese” LLL dot CO. Any insights? I wisely sold LLL. Com for like $10k each a couple years ago…