You Domainers are CRAZY!

I can't believe I am writing this, but as some of you may have been aware, last night I offered to sell approximately 150 of my Domain Names at $60 each, the only catch was if buyers were interested, they had to make the offer via Sedo.com and then I would send the name of their choice to Sedo's Public Domain Name Auction... with the hope of maybe someone else or other domain name investors counter bidding on the chosen domain names and selling the name for a higher price, like $100, or maybe even $1000 or more.

I honestly believe that I have a nice portfolio of domain names, e.g. motokros.com, feet.biz, glamourqueen.com, immobilisers.com, rucksackers.com and all the rest. And I admit I also have some very average domain names.

I have been in the domaining industry for approximately 9 years now, and I have spent alot of money buying my domain names off other sellers and buying them through sedo.com.

Some of those names I have bought have been in the mid $xxx to low $xxxx range.

Last night I was questioning myself should I take the risk of losing alot of the money I have invested in my domain names by listing this "crazy sale", my heart was beating a million miles an hour as I was writing up the details and even more so as I hit the submit button at each domain name forum I listed the sale at.

Even right now as I write this post, knowing that I have 2 hours left* of the "crazy sale" to go, knowing that this is a chance someone is going to make a $60 bid on one of my good domain names, such as glamourqueen.com which I paid alot of money for. *Updated: Sale Over

But I am an honest person, and I will stick by my promise and accept the offer and watch it possibly sell to someone for $60 and possibly see that domain name investor sell it in the $xxxx to $xx,xxx range in the future. And obviously that would hurt as I have been there and done that on both sides of the domain name game.

But with two hours to go, I doubt it, and I am quite amazed that out of the 150 or so domain names, only 4 have been bid on, afl.info, rudephotos.com, qeeh.com and meetdates.com.

I ask myself ... Why?

This is what I stated in my threads I created at the domain name forums:

Such names as LoveAlerts.com - I once recieved a few serious sedo bids on this name and I worked negotiated all the way up to a $3000 bid and I counter offered $3500 and the buyer cancelled negotiations, or when someone offer me $850 for heathridge.com and I cancelled the negotiations.

Another name once I got an offer for was textaddicts.com and that offer was 800 Euro, I accept and sent it to auction, but the buyer never paid. That name was listed on my "crazy sale"

Oh and just one more name I offered ... you've all heard of Nadya Suleman well not too long ago I won octuplets.org at a sedo auction and an interested party missed the auction and wanted me to flip the domain name over and I would of made a nice flip profit, I refused ... and yet I offered that name on my sale, a name that has great blogging potential.

And finally one more just to prove to you that domainers must be stupid, not long ago at sedo I got an offer of $200 for ioew.com, but I cancelled negotiations because I believed the name was worth more than that, and I still do .... yet I listed that name on the "crazy sale"

I have made some mistakes in the past with my greed, trying to get high domain name sales, and in the past my greed has worked for me, names like textsingles.com I hand regged for $10 and sold for $2500 ... many more.

So thats why I decided to do this domain name experiment last night, and offer a bargain which would be too good to turn down, but it was turned down, why I don't know and will go to bed tonight pondering that thought, and I will also go to bed to night with alot of relief, because I love my domain name portfolio, I love domaining, and thank god, I still have some good domain names left.

I wish those people who bid on the following names goodluck and congratulations on winning a fantastic bargain of a domain name!

endnote: I do not plan on doing any more of these "crazy sales" in the near future, for now I will just sit back and wait for the end-users to come knocking on my door at sedo!

Visit my Domaining link in my signature to see the screenshots of previous offers of the domain names which I listed in this sale. - Not promoting my blog, but it will explain things a bit more clearly.

Thanks guys!

PS: Awaiting positive feedback and also the usual negative feedback

 

dollars.com sold for $650,000 2007 and sold again for 302,500 EUR in feb 2009

btw how many domains u sold in sedo u only purchase domains

 

did you advertise the offer anywhere else? There is a whole site dedicated to starting sedo auctions PushToAuction.com i believe it was. digitalpoint is one of the worst sites to try and sell domain names.

 

I think you have a lot of valid points but why sedo as a sales platform? They take a minimum of $50 commission for domain sales. Your $60 domain will net a $10 profit.

 

50$ they will take if you not parked there

so when u get offer just point to there nameservers and it will be 10% commission