How a DNForum domain acquisition led to a 9000X ROI

When I say that I hold domain names long term, I mean it. Domain flipping is the surest path to losing money. A domain name acquisition from 2009 has just transformed into an almost five figure sale, and the completed exchange is yet another example of my decision to trust my gut feeling. Six years ago I bought a stash of five domains on DNForum, at $1 dollar each, from the same seller. They were all two-word .com compound domains, and the seller simply did not want to renew them, apparently, so he had a fire-sale of about 30 domains. In the 13 years that I've been using DNForum, I've mastered the art of turning low priced domain acquisitions into multi-thousand dollar sales. This is the first time, however, that a 9000x multiple has been achieved, and I doubt I will ever surpass … [Continue reading]

Flippa and the ever-shifting domain BIN price

A few weeks ago, I noted how most active domain auction venues lack one thing in common: the ability to display the annual cost for renewing the domain. Kevin Fink was the only one that contacted me privately on the matter, to assure me that Flippa takes notice and many improvements are slated ahead. That's great news, particularly since I've now added one more item on Kevin's list, the issue of the ever-shifting BIN price at Flippa auctions. Last week I was bidding on an exceptionally good domain on Flippa; with 15-20 minutes left until the end of the auction, I was the high bidder, with another person actively inching up. I was prepared to bid higher and held on, witnessing a delay in the other bidder's counter-bids. Despite of the quality of the domain, the BIN was … [Continue reading]

Why I don’t appreciate third party brokers barging in

In this industry we pretty much know each other, thanks to its structure and relatively small size. I often meet other domain industry professionals, at local meetings or at larger gatherings such as domain conferences. Connections are important to have, value and utilize in a mutually respectful yet efficient manner. I often use domain brokers to engage in the acquisition or sale of domain assets from my portfolio. However, I do not appreciate the 'barging in' of brokers on behalf of others, particularly when the domain name in question displays a clear method of contacting me. Quite often, I ask potential buyers to sign an indemnification agreement, before they even receive a quote for the domain. This helps me weed out potential 'pests' and others that do not want to commit … [Continue reading]

Happy Grandmother’s Day

Grandmothers are twice the mother one has; they possess the love, patience and understanding distilled through the experience of an extra generation. Not to discount one's love for their mother, … [Continue reading]

Give the domain buyer a piece of your mind

Negotiations that rely on the domain buyer's commitment to establish credibility of their interest, can often lead to a non-sale. When a buyer displays interest, or even seems to understand the … [Continue reading]