The commercial registration and use of domain names goes back to the early 1990's. Since 1995, domain registrations are paid for, instead of being free, selective, and manual reservations. Today, more than 350 million domain names are registered, but not everyone agrees on their value and importance. A recent inquiry that arrived via the Uniregistry Market, claims that domain names are past their prime, and are not important anymore. Said the Eastern European buyer in bad English: "I don't find spending that much money good investment. Domain name isn't nearly important nowdays as it was 5-10 years ago." As a domain investor and developer, I know better. Domain sales are sustained at high prices, having gone through a cycle of rejuvenation by educating the massive Chinese … [Continue reading]
Thank you, Jeff Gabriel
Jeff Gabriel announced his departure from Uniregistry, earlier today. Those of us that were made aware of this personal decision a few days ago, are reminded of a very important mantra in life: Family comes first. Jeff's moving back to his roots, to be closer to his family. For the past seven years, he's worked hard to build a strong brand, design and improve a corporate infrastructure, and to orchestrate a superb team of brokers and other professionals at Uniregistry. It's time to move on, and I'd like to thank Jeff for several things he's done right: Stayed on top of ongoing sales to ensure they were properly delegated Used his sales insight and experience to provide valuable advice Listened tentatively to my concerns and complaints and made improvements, resolving … [Continue reading]
Shift the paradigm : Clueless realtors and domain names
A lot of domain investors facilitate domain sales basing their approach on how the real estate market operates. While there are similarities in this analogy, there are also differences which make the use of real estate an imperfect example to demonstrate how the domain market works. For example, realtors are licensed professionals that abide to a code of ethics. The domain brokerage or self-brokered market requires no such certification. Comp sales in the real estate market more or less define a home's value, but with domains, the figures can be all over the place, depending on the ability of the seller to facilitate a sale. But whether there are similarities or differences between the two markets, one thing is certain: making a sale requires both sides to agree on the price, … [Continue reading]
GoDaddy : Openly ignoring the BIN price and using the client as an excuse
In May I wrote about how GoDaddy continues to send unsolicited offers for domains that are listed for sale on other marketplaces, with a BIN. What's the catch? For $69 dollars, GoDaddy brokers … [Continue reading]
GoDaddy continues to pester domain owners with “offers” that ignore the BIN
I wrote about this issue before, and it's obvious that GoDaddy and its team of brokers don't really care. At the very least, middle management at GoDaddy is not doing anything to address this issue, … [Continue reading]
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