Feedback for Weekly Sales Listing Sellers | DomainInvesting.com

Feedback for Weekly Sales Listing Sellers

12

Just about every week, I share a group of domain names that are offered for sale by a variety of top domain name brokers in a post called Weekly Brokerage Listings. The majority of the domain names brokers submit are excellent to exceptional, and many of them have prices that would pique the interest of an end user or induce a domain investor to make an offer.

In these posts, I offer other domain investors the chance to list one domain name for sale. I think this is a decent opportunity to present one well priced domain name for sale to an audience of domain investors. Unfortunately, I am frequently left scratching my head at the selection of domain names chosen to be listed for sale to this audience.

Instead of posting comments about domain name submissions and in lieu of being critical to people individually, I thought I would share some tips for the future when listing domain names for sale in the weekly post. Take these 5 suggestions for what they’re worth and feel free to let me know your thoughts, both as a reader who might buy domain names and as someone who submits domain names for sale here weekly:

  • If you have to explain what the domain name means or why it has value, you probably shouldn’t list it. Perhaps an end user will approach you one day and try to buy the domain name, but I highly doubt you are going to convince another domain investor about why a likely confusing domain name has enough value to buy it.
  • Price your domain name accordingly. Yes, there is a chance an end user buyer may happen to find your submission essentially buried in a blog post, but the vast majority of readers are domain investors looking for a deal. If you price your domain name at a silly high price, it is probably going to be ignored and it may make you look bad.
  • Don’t ask ridiculous prices for new gTLD domain names. I don’t believe a domain investor is going to fork out high 5 figures (or even close) for a new gTLD domain name. If a domain investor was going to spend that kind of money, he or she most likely would have worked out a private deal directly with the registry.
  • Follow the rules. If you can’t follow the simple rules, your listing will be deleted.

As always, your comments or criticism is welcome.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (12)

    brand

    You are exactly right on every point you made.
    The people looking at your weekly brokerage list are other domainer’s looking for an investment. Domainer’s want to buy low and TRY to sell high and it seems the pricing is geared towards the end user.
    The domains i list on your brokerage list,whether people find them good or bad,i stop to think if i am willing to let it go for half the appraised value or less, if not i don’t list it.

    September 5th, 2014 at 12:52 pm

    Kevin

    I’ll be candid and acknowledge that I enjoy looking at the list every week just to have a guaranteed hearty ROTFLMAO chuckle. I’m sure the majority of readers do the same.

    No offense to the sellers, but nearly all the domains posted are “scratch your head” ridiculous with ridiculous prices to match.

    The funniest listings are the ones with the zero value names and then they say even more ridiculous pitch lines like “Price good for just 24 hours”. Those listings make me laugh the most.

    I do miss the ability to comment and surprised that was disabled. I think it is actually a disservice to the listers because they won’t learn anything if they can’t hear the blunt truth from commentators, nor will they ever recognize the domains they keep investing in are in reality worthless and they don’t know what they’re doing and they really could benefit from the guidance of that many commentators who will take the time to write a productive comment for them and try to help them with valuable domain investing strategies and advice.

    September 5th, 2014 at 6:39 pm

      Elliot Silver

      I got annoyed answering emails from people who were upset about criticism… it’s easier this way.

      In reply to Kevin | September 5th, 2014 at 6:44 pm

      Elliot Silver

      People should try and learn from criticism, but nobody wants to be told their “assets” are worth less than they want for them.

      In reply to Kevin | September 5th, 2014 at 7:10 pm

      Kevin

      Absolutely. And yes the truth hurts, and many of us who invest in the very high quality domains and then go to resell them have to endure years of prospective buyers saying “you’re asking price is ridiculous”, “crazy”, “a total joke”, “insane”, “out of touch with reality”, and every other harsh comment we’d rather not hear.

      But if you truly believe in the value of your domain name, and it is actually justifiable on its attributes and potentials, you have to stay strong, ignore the haters, and swallow the years of criticism because one day you will find that one buyer who will agree with your valuation and think it fair and reasonable and who will say the magical word we all yearn for the most.

      “Deal!” :)

      In reply to Elliot Silver | September 5th, 2014 at 7:30 pm

      Elliot Silver

      I think people look at criticism and critical comments as devaluing their domain names, although I disagree. If a buyer wants a name badly enough, they will pay what it takes to get it.

      In reply to Kevin | September 5th, 2014 at 7:45 pm

    Shane

    When did someone’s private blog become a democracy? I always laugh when people get testy or annoyed when a private blog like this one takes away a feature or deletes someones comments.

    You have a right to an opinion until the owner of the blog you are posting your opinion on decides otherwise. If someone wants to run their own blog and make their own rules, that’s their right.

    September 6th, 2014 at 3:55 am

      Elliot Silver

      Suggestions are always welcome though.

      I see where Kevin is coming from, but on something like this, the bad outweighed the good for me.

      In reply to Shane | September 6th, 2014 at 7:50 am

      Kevin

      Yes indeed it’s the blog publisher’s right to do whatever he wants with his blog.

      Windows 8 is a great example of what happens when you change and take away features. LOL

      In reply to Shane | September 6th, 2014 at 8:06 am

      Steve B

      @ Shane,

      You forget that popular blogs like this and many others are nothing without the readers, so I would advise bloggers to take feedback seriously.

      But, you’re right, the blog owner has the right to do whatever they want with their blog.

      In reply to Shane | September 8th, 2014 at 12:12 pm

      Elliot Silver

      I personally wouldn’t enjoy blogging as much if there weren’t any comments or discussion.

      Ultimately, I make decisions based on what works best for me while maintaining the same atmosphere here.

      In reply to Steve B | September 8th, 2014 at 12:24 pm

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