My most recent five figure domain sale started as an acquisition on DNForum, around this time in 2005. The domain was part of a fire sale by the late investor, Igal Lichtman, whose "Mrs. Jello LLC" sales threads were legendary. I spent $1,000 buying two LLL .net domains, and a two word .com. … [Read more...]
First experience : Using the Escrow.com Domain Concierge service for domain transactions
As an Escrow.com customer for the past 15 years, I've been using its services exclusively for the acquisition and sale of domain names. Exactly a year ago, Escrow.com launched its Domain Concierge service, soon after NamesCon 2016. I've just completed my first transaction using the Escrow.com … [Read more...]
Never negotiate with the IT guy about domain acquisitions
Many incoming inquiries seem to arrive from a company's IT guy, and they are outright the least qualified to negotiate with. An IT professional, whether middle manager or lower, is not able to make decisions that involve marketing functions and associated budgeting. While technically a domain … [Read more...]
Beware of inquiries from sources using previously existing company domains
These days, inquiries that seek to profit from the good name of a previously existing company's domain are on the rise. Here's how it works. Speculators, with an apparent need for anonymity and trust, find and register domains that once belonged to large, real life corporations. For … [Read more...]
Domains versus fancy pants, and a fashionable .COM upgrade to a .IO
A recent domain inquiry arrived from a party that operates their own clothes boutique, from an upscale area no less. The introduction included the disclaimer that they did not possess great financial resources for the domain. Nevertheless, it was a direct, polite inquiry that arrived via the … [Read more...]
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