What are your predictions for the prices of good, keyword rich, top level domain names over the next few years? Continue to rise, level off, or could they start to drop and even crash? I have my eye on a couple over at Sedo that I want to buy and develop into ecommerce sites, but am having a hard time justifying the prices asked without much knowledge on this subject. It would be great to hear the insight of the knowledgeable folks here on this topic.
Hello Ant C, Logic here. Hello by the way. Ok been buying domain names for over 10+ years seen them get hot meaning with over 4k in names we get a lot of dumb offers but sometimes we get some great ones. Right now we get 2 receive 5 to 8 emails a week and 2 to 3 phone calls a week for a name out of our portfolio. I think the market in the past 12 to 18 months has heated up along with the prices, because we buy names from owners when they have what we want. I.E. we have been paying more. We think from now into 2010 we are going to see large sell offs from larger holders of names (parkers) becuase the economy is rough until after that time. I think in 10 years we have sold a name. Cold not look the other way on the price. We never sale, we buy mostly for our use + and a few thousand extras. LOL. Anyways that is how we are approaching the future meaninbg we have slowed buying for the first time after 4 haevy buying years. Logic...
Premium Domains are going to continue to rise based on inflation and greed. The fact is that if a premium domain is making money then someone will not sell it unless there is a real good offer on the table. In addition as the market gets tighter and less and less good domains are available then the price of average domains will increase as well. With regards to new registrations, again this WILL continue to increase based on the greed of companies. However it will only take one big player to drop thier price that will make all others follow suite. But in reality this will never happen because of 'TRANSFER FEE's'. For example if you have a domain that is $10 a year registration but with another registrar you can have it for $9 a year, it is not worth while transfering the domain as it will cost you $20 - $30 to do so, therefore taking 20 - 30 years to make back the saving of the cost of transfer. So if godaddy decided to double the price of thier domain registration (for example) would you tranferer all your domains out from them? probably not as it will just cost too much to do!! So currently I am slowly stocking up on '2nd Rate' domains, that I believe in the further will be the next premium domains based on the current growth of demand in the market today.