PARTNER UP WITH SOMEONE TO HELP PURCHASE/SELL YOUR DOMAINS
April 13th, 2009 Posted in General Domain NewsI have received many requests to sell domain portfolios of domainers far and wide. Some of the domains/portfolios are pretty good, and a lot are not. However, there was always some domain/s in every list I looked at that could/did make decent money.
In reviewing some history of the best domain sales in terms of highest price sold, largest portfolio, or just the most individual sales of domains, one thing stands out: You can do much better if you have a partner.
This can be a partner in the business sense, an associate, a web auction service, domain consultant, and even private domain sales promoters, such as Eric Rice and DNCartoons.com.
If you have someone, a good friend or associate, who is investing in domains like you are doing, it’s great to have more than just “one brain” thinking about buying domains and selling them, even at the start. Run your domains you want to purchase by someone you can trust (or be ready to register them quickly… lol). Try your spouse or even family member to see if they “get” the domain’s meaning and if they can remember it. That’s a good start, believe it or not.
Then check out all the domain auction sites that are proven winners, like Snapnames, Afternic, Sedo, Moniker’s auctions. Watch some of the new “Community domain sales” sites, one in particular, using a smart new angle in getting expert viewpoints on the domains they are selling, which is Bido.com. It is very smart to engage with these companies who have built reputations for working hard to get the domain sold correctly and smoothly.
Try posting on forums like Namepros and DNForum where people will answer your questions, make sure you stay on topic. Keep up with as many domain news sites and blogs as possible. It’s hard, but there are many people who successfully buy/sell domains, and their diverse knowledge and personalities are a great way to broaden your overview of the domain purchase/sell process.
I couldn’t have reached where I am without reading articles about the earliest domain stars who paved the way for all of us. I also couldn’t have made it in the business without listening to my domainer friends and engaging them in discussions, even arguing with them about our differing ideas. But the discussion is about domains, and like any discussion, it has more than one view. This process helps you think things through and see more than one side of a situation. This helps us all grow hopefully in the right direction.
Be positive, have good friend/s and people around you that are as enthusiastic about domaining as you are. The domain industry is just taking it’s first baby steps, and there is a lot more to learn and be excited about!
3 Responses to “PARTNER UP WITH SOMEONE TO HELP PURCHASE/SELL YOUR DOMAINS”
By Perchboy on Apr 13, 2009
Indeed, Stephen, we all stand on the shoulders of giants, whether we admit it or not.
And while most of us don’t breath the rarified air of successful domainers such as yourself and a number of others who write here, I find it noteworthy that accomplished people like yourself freely admit they don’t ‘know it all.’
As a result, your combination of insightful commentary and refreshing honesty keeps me coming back to read more of your always great posts.
Perchboy
XXXXXX Stephen Douglas Responds:
Roy, I really appreciate your consistent support of my writing. Read the above comments on why I retracted the article about Rick. It wasn’t because I had differing views from his article on domain development, it was because i didn’t give him a chance to print my comment to his post, and that was unfair to Rick. This I accept as a mistake on my part, and hope that in the future, Rick and I can argue again with lots of polite asides and civilized discourse, a la Sahar Sarid style.. (http://www.conceptualist.com)
By Perchboy on Apr 15, 2009
Spot on, Stephen.
As I’ve mentioned before, I greatly enjoy reading the writings of you, Rick and the Castello brothers.
I’ll also freely admit to not only printing out and reading many different articles by each of you four experienced and successful domainers, but I do what many others probably do not..that’s because I go back and RE-READ what you, Rick and the Castello brothers have written, sometimes a year or more later.
This has shown me how accurate you all have been in many of your statements and predictions.
As a result, I have tremendous respect for
(1). The guts for you all to go on the record, whether eventually proven correct on a particular topic or not,
(2). Each of your posts containing helpful comments to so many of us who have not attained such lofty heights of domaining and
(3). Each of your respective strengths. Stephen, you have a clarity of writing style that I find highly readable. Rick has a different style that to me appears open, yet ‘layered’ with levels of meaning; He also seems to really know human nature. The Castello brothers have a very friendly style that makes it very hard not to like them. I can easily grasp how all of you have been successful.
As long as you four guys keep writing, I’ll be reading.
Perchboy
XXXXXX Stephen Douglas Responds:
Hi Roy,
While I appreciate you including me in this honored group of successful domainers and their writings, I am by far no where close to being as respected as Rick Schwartz and the Costello Brothers, all of who I really respect, although I tend to get on Rick’s nerves. lol
Don’t forget the excellent scoops by Andrew Allemann of Domainnamewire.com, Adam Strong and Frank Michlich of Domainnamenews.com, the smooth discussions of Sahar Sarid on Conceptualist.com, and by far, the godfather of domain news, Ron Jackson of DNJournal. Ron is probably the most mature and worldly of all of us, and he’s got the ZEN personality to make him a great person to spend time with in person.
All of these very talented and smart writers are friends of mine – and I’m sure they wish they could escape my insistent begging of them to like me, but they help me all the time in finding new info, allowing me to make crazy comments, and just being all around very cool guys to hang with. Let me not forget, the amazing success of Elliot Silver on Elliotsblog.com. In just a few years, he’s dedicated to smartly and aptly helping the beginners learn the ropes, while at the same time reminding us professionals the nuts and bolts of what we’re all working to accomplish.
There are many other newcomers on the scene, Chef Patrick, DomainTweeter, and the compiler of all this for the record is Francois Carrillo of Domaining.com. There are more I am impressed with that I haven’t mentioned here. Soon tho, they will rise to the top also.
Keep an eye out for their articlles. They are very informed and respected.
Thanks for writing, bro. Hope you learn and use the info you learn to make your investment dollars into domains pay off!
cheers,
Stephen
By Perchboy on Apr 16, 2009
Thanks for your comments, Stephen.
You’re correct that there are plenty of good domain writers out there. For whatever reason, I can learn from most of them, yet seem to really connect, ‘get it’ and even get pumped up from a handful. Perhaps you four guys speak my language.
No matter the level of accomplishment, I respect the abilities of anyone who can derive income in this competitive business. I also realize that there are levels of achievement in the domain space, just like anywhere else.
For example, just because my old swim coach wasn’t Mark Spitz doesn’t mean I didn’t learn a lot from him.
I’m grateful to those who take the time with those who are less advanced and am glad when domainers as a group can get along, disagreements and all.
While I’m certain to hold a different world view than many other domainers, I’m kind of a ‘Rodney King type of guy’ and am pleased when we can all get along, unless someone is simply trying to be mean to others.
Thanks again, Stephen-
Perchboy
XXXXXX Stephen Douglas Responds:
Roy, I have to hand it to you… you are a diplomat, a logical thinker, a forward thinker, and someone who understands human dynamics and the future of technology. At least so it seems from your writing. Not only that, you have great grammar!
cheers bro!