What makes some people think that anyone will pay any of the dumb prices that are being asked for domain names? A quality domain name will earn its money from direct type-in traffic, search engine readability, seo'ing and other factors but some people are clearly delusional when it comes to domain name prices. For example, would you pay $10 million dollars for a domain name? No? Not even a really good one like business.com which was sold during the dot.com bubble for $7.5 million, the highest price paid for a domain name? So, what treasured domain name is priced at $10 million? Jobs.com ($800k)? Website.com ($750k)? Property.com ($750k)? Source: DNJournal.com No, $10 million can buy you the domain, "factorycarcare.com". Or if that doesn't do it for you, how about " friendcreate.com"? WTF!? Both of these, um, beauties are currently on sale at www.tdnam.com for $10m. Geeze! What's the point? Is there some sort of infectious derangement going around that there are people who will just throw that kind of money at a domain name for no good reason, maybe blinded into abject stupidity by a glamour of witchcraft from watching "Charmed"? <end of rant> (for now)
LOL Fox, I see you got fed up of these people trying to make a quick buck out of domains. I hate it as well. The thing is all these domains 90% parked of at sedo and other places are just worthless and full of people trying to make a quick buck and everyone just ignores them. I blame the online media streching stories and making it seem like it's a simple 1.2.3 step program selling domains for millions. Although I really think the domain boom is still around and a domain is a great investment although you wont find one for reg price unless your very lucky and usually its short term. I believe Business.com is worth way over 10 Million now. Although the owner should really invest a bit more into it and make a real portal or something rather then a useless directory. I guess he is just hungry for money real bad and trying to make it super fast just by advertising.
I don't get why realistic prices seem to be beyond the reasoning of some of these over-optimistic pixel-wasters. Stupid prices just take up screen room and waste everbody's time wading through crap! I mean, if you are interested in a domain name and you see it going for say, $500 for example; you might be interested, IF it's a good domain and therefore you may approach the seller with an offer, right? But if you see the same domain priced at $1 million, the first thoughts entering your head are going to be 'idiot seller' and 'time waster', so you move on and try to find something more realistically priced. That doesn't mean a domain seller should give away their names for nothing but a touch of realism now and again would help everbody, I'd say. If you have $10million to spend on a domain you're not about to waste it on buythisuselessdomain.com, are you? You would get into negotiations with the owner of business.com, currently placed at #2 on Google for the word, business (out of 3 billion results) and try to get a slice of that pie. Or perhaps you might buy the cannabis.com website for the asking price of $1.5 and sink the same again into development. I also think the domain name market is thriving just now but after the dot.com bubble burst, it's been a bit of a haul to get the prices back up.
Funny rant... because it is true. But weren't you offering Cannabisweed.com for $16k? I have a bit of (cough) experience in that niche (making mid $xxxx/mo) and those domains, to me, are barely worth more than the registration fee. No one types in Cannabisweed and "marijuana" is searched for many times more than "cannabis." So what gives?
I was offering the full suite of Cannabisweed names: .com, .net, .biz, .info; for 16k. Of course no-one types in cannabisweed.com (not yet) but if you are going to optimise a website, it helps if you have familiar searched for cannabis-related words in the domain name. Then once the site(s) are underway, people should find the name very easy to remember. Since the usual marijuana / cannabis names are already taken, I reckon the suite of domains is worth the asking price. You obviously have more experience in that niche than I do but I still think from the seo, future serps and development point of view, the price is about right. Anyway, you can hardly compare me asking $16k for a full set of TLDs as being in the same arena as someone asking $10 million for some obscure domain.
Sorry mate, just poking some fun since you started the high priced domain thread. Now if you had "CannabisSeed.com" it would be another story I do wish you luck in selling the names.. and no, $16k is not a fair comparison to 10 million. Anyone asking that much has their head in a 1999 time warp.
It's this kind of difference of opinion that makes a market. All the activity takes place at the margins. Someone suddenly needs money so a domain becomes available at a reasonable price. Someone has a sudden opportunity so low price is less important. Since these changes tend to happen suddenly they are not as visible as the great mass of overpriced domains that just sit there. I see a lot of parallels with the real estate market. Most of the time overpriced propery just sits there. Then someone gets into financial trouble and a deal become available.
Heh. Yeah, I saw the humour. I wish I had a time warp machine to go back and buy up some prime domain real estate
10 million ..... wow.... Better choice is to become a icann registrar Or registry operator of some new extension ...
if you are interested in a domain name and make an inquiry / offer...price of that domain will go up...up and further up...that is the psychology of domain seller.. on the otherside...i have seen many domain names expired and deleted which the buyers refused to sell for less..strange market !
So waiiiiit, are you telling me I CAN'T get 1 million dollars for vista-drivers.net,vista-install.com OR vista-universe.com? "Let's..do..the..timewarp..again!"
I think there the OP has a small confusion attack coming on... There is a HUGE difference between asking price, and buying price. You are free to ask 1 trillion dollars for uselessdomains91839382.com but the market sets the price, and you won't get 1 trillion dollars...that is unless there is some corporate handshaking going on that we don't know about brandon
If I had 10 Million to invest, I would go for 3 Letter domains and buy a huge set. It's a great investment. I am not talking about XJQ.com or something like that but more quality ones that are worth the money.
Have to say that the sharks are out there, grabbing a fancy names and hoping that one is either rich enough or dumb to pay $xxxxx for parked domain. just look at this list here: Dot Coms -News, Sports and Nightlife: AustinHeadlines.com $10,800 BaltimoreHeadlines.com $10,800 CharlotteHeadlines.com $10,800 ClevelandHeadlines.com $10,800 DallasHeadlines.com $12,800 DenverHeadlines.com $12,800 DetroitHeadlines.com $12,800 IndyHeadlines.com $5,800 KCheadlines.com $10,800 LosAngelesHeadlines.com $36,000 MemphisHeadlines.com $10,800 OrlandoHeadlines.com $10,800 PhiladelphiaHeadlines.com $12,800 PhoenixHeadlines.com $12,800 PittsburghHeadlines.com $12,800 PortlandHeadlines.com $10,800 SanDiegoHeadlines.com $12,800 StLouisHeadlines.com $12,800 TampaHeadlines.com $12,800 CharlotteTonight.com $12,800 ClevelandTonight.com $12,800 DFWtonight.com $12,800 PhoenixTonight.com $12,800 PittsburghTonight.com $12,800 WashingtonTonight.com $12,800 BaseballNewsDaily.com $32,000 BasketballNewsDaily.com $32,000 CelebrityGossipDaily.com $14,800 CommoditiesToday.com $5,800 DailyEnergyNews.com $14,800 DailyFarmReport.com $6,800 DailyMarketReport.com $14,800 DailyMilitaryNews.com $6,300 DailyOilReport.com $8,500 DailyTelecomNews.com $16,800 DigitalNewscasts.com $22,000 FootballNewsDaily.com $32,000 HeadlinesFirst.com $45,000 HealthcareHeadlines.com $7,500 LegalNewsDaily.com $11,800 MarketNewsDaily.com $22,000 MorningTrafficReport.com $9,500 NetworkNewsDaily.com $11,800 PCnewsdaily.com $11,800 RetailNewsDaily.com $11,800 TelecomDailyNews.com $16,800 TelecomHeadlines.com $7,500 TennisNewsDaily.com $11,800 WirelessNewsDaily.com $22,000