Brokerage persistence : Why are domain BIN prices on ignore?

Happy New Year! For me, the new year began with plenty of domain offers and a solid mid four figure sale, via the Uniregistry Market. It's where I list my domain portfolio to invite inquiries. The negotiation was carried out through the Uni (former Uniregistry) checkout process. The "parking" of domain names with a BIN price, indicates that the asset is for sale at the listed price. Sometimes, I include both a minimum offer price, and a higher BIN price; it helps indicate my willingness to invite lower offers and negotiate in that price range. Quite often, third party brokers bombard my mailbox with client offers. In particular, the year started with both GoDaddy and Domain Agents sending out unsolicited emails, with their customers' lowball offers. Normally, I'd have no … [Continue reading]

Not all corporations are savvy about the domain name acquisition process

Companies that launch new products and services often seek to register one or more associated domain names. The preferred choice is a dot .com, although the introduction of new gTLDs has given many companies a wide range of options. When a corporation wants to rename one of its subdivisions, or itself, the quest for the proper domain name is even more important. Not all corporations are savvy in the domain name acquisition process, however. A recent offer I received from a large company that decided to rebrand, came with a $300 dollar price tag and full credentials disclosure. That gave me free reign to research their background and budget, something that it's great to know before quoting a sales price for domain names. Knowing who is your buyer adds points to the … [Continue reading]

Domain price quote is good for today only

Domain inquiries can lead to an exchange that indicates strong interest by the buyer. When strong interest is present, what's missing from the exchange is an agreement on the framework of the sale. That can be the price, or the promptness of the payment itself. The latter is as important as the amount involved; after all, a promise on a domain sale is not as good as money in the bank. In cases where negotiations head in a good direction, lowering the asking price should arrive with a strict prompt to close on the sale imminently. For example, leveraging the buyer's interest can be achieved with a "today only" price, offering a strong motivation to the buyer. When stating that the domain price quote is good for that day only, one has to ensure that it's understood as an … [Continue reading]

Hold onto that domain – until it’s time to sell it

Registering domains as an investment means one thing: you should be prepared to hold onto your assets long term. The definition of "long term" depends on the exact domain assets you are holding … [Continue reading]

Algorists.com : A domain from 1989 that you can own right now!

When I acquired Algorists.com a decade ago, it was already pushing past puberty. Registered in 1989, this remarkably aged domain name represents an era that predates both the commercial Internet, … [Continue reading]