Saturday Updates | DomainInvesting.com

Saturday Updates

19

There was a pretty huge surge of traffic to my blog yesterday after the NameCheap article, and my blog’s server went down for a bit of time. One thing I really like about Liquid Web is that the tech support team worked hard on my behalf to quickly upgrade the server size, and it was back up and running within about 30 minutes with no ill affects. Thanks to them for their help – it’s their 24 hour service that I really like. Here are some updates.

  • According to a CNet article written by Paul Sloan, Mike Mann’s 11,000 registration day turned into a grand total of 14,962 hand registered names. You can read quite a bit about Mike Mann’s background in today’s article, including some information about how he got his start in the domain business. I think you can glean that Mann is one of the foremost experts when it comes to buying and selling domain names, so his strategic purchase of nearly 15,000 hand registered domain name will almost certainly pay off for him, especially considering his Domain Market platform and sales team that works on his behalf.
  • One of the most interesting things in the article is that Mann reports that Domain Market “brings in about $400,000 a month.” If you follow Mann on Twitter or Facebook, you know that most of his sales aren’t splashy names that sell for huge individual numbers. He is regularly making end user sales on domain names he probably hand registered or bought on the drop within the last few years.
  • There are two interesting articles about Go Daddy Auctions on HybridDomainer.com and DomainShane.com. Should be interesting to see if GoDaddy adapts and how they do that. The big winner will likely be DomainTools since their Whois history tool can help see the registrant prior to privacy if that’s what they do.
  • As posted on my website, I sold CallCenters.com this week. The buyer is a company in the business, and I don’t know whether additional information about the sale will be released. I think the company got a great domain name, and I was satisfied with the sales price. Although I found the buyer on my own, I want to thank Sedo and Afternic for putting together solid presentations on how they could sell the domain name on my behalf.
  • One tip based on two recent sales. Try to encourage the buyer to keep the domain name at the current registrar. It can take up to 7 days for a registrar transfer, where an account change/push takes seconds. You’ll finish the transaction and be paid by Escrow.com much more quickly. Make sure the buyer knows he can transfer it to a registrar of his choice once he has possession of the domain name.
  • Has anyone tested on the new LeadRefs platform yet? I have no tried it out but it looks promising. If you’ve tried it out, let me know your thoughts and let me know whether I should sign up.

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 (19)

    Jason Davis

    Congrats on that sale.

    April 21st, 2012 at 12:51 pm

    Mark

    Hi Elliot:

    Doesn’t the domain have to be at your registar for 60 days until transfer to another registrar? As well, doesn’t the domain then have to be at the buyers registar for 60 days until he/she can transfer it to another registrar of their choice?

    Just curious what your take is on this because transfer rules alwasy confuse me.

    Thanks.

    April 21st, 2012 at 12:57 pm

    John

    Congrats on the sale Elliot.

    April 21st, 2012 at 12:59 pm

    Darryl

    Congrats on the sale of callcenters.com.

    April 21st, 2012 at 1:12 pm

    Elliot Silver

    @ Mark

    Only new registrations need to stay at the same registrar for the first 60 days. They can be pushed to a different account at the same registrar within the first 60 days but not transferred elsewhere.

    I believe Godaddy has a policy that account changes there lock the name up for 60 days. I almost always have a name transferred to Moniker if it’s at Godaddy to avoid the hassle of finding the right person to release the domain name.

    @ Jason, John, and Darryl

    Thanks :)

    I am excited to see the buyer use the name. I think it’s going to help his business.

    April 21st, 2012 at 1:12 pm

    Mark

    Thank you Elliot for the clarification.

    April 21st, 2012 at 2:45 pm

    BullS

    Look people…learn from the Great Elliot

    Buy low -sell HIGH

    if he can do it, anybody can do it.

    April 21st, 2012 at 2:52 pm

    BFitz

    I sold yTek dotcom through leadrefs. They pointed me to the .com.au who bought it.

    April 21st, 2012 at 3:38 pm

    theo

    depending on the registrar it can take a max of 10 days to transfer a domain.
    On June 1 this willbe no longer be an issue since the losing registrar has to send a FOA also. Agree to that one and we talking about almost instant transfers.
    All ICANN accredited registrars have to implement this and go live on June 1.

    Just a FYI :D

    April 21st, 2012 at 3:52 pm

    Poor Uncle

    What did I missed? Did he have another kid? What are you guys congratulating him for?

    April 21st, 2012 at 4:55 pm

    Phil harris

    I believe Enom has a 45 day lock if it your name was purchased from NameJet. No push , no transfer…it’s there 45 days.

    April 22nd, 2012 at 8:12 am

    Elliot Silver

    @ Poor

    I assume it’s because I sold a name this week.

    @ Phil

    Enom has an auction lock on NameJet wins.

    April 22nd, 2012 at 10:03 am

    owen frager

    LeadRefs is great at identifying candidates for TRUNCATIOn and TRUNCATION is the key to the end-user kingdom. BFITZ exactly. This s how you do it! Congrats. And congrats to Elliot as well. That is a heavy cloud name and I hope you found it a proud home.

    April 22nd, 2012 at 10:18 am

    A Pity

    Registering so many domains is not something to be celebrated. What the Mann has basically done is made it all the more harder for webmasters to find domains of their choice. Parking is not fun.

    April 22nd, 2012 at 12:31 pm

    Seb

    How much did you sell callcenters.com for?

    April 22nd, 2012 at 10:29 pm

    Elliot Silver

    @ Seb

    Keeping the price confidential. The new owner may release the price at some point or it might stay private. Doesn’t matter to me either way.

    April 22nd, 2012 at 10:30 pm

    Todd from LeadRefs.com

    @ BFitz – Can we talk about your domain sale? Email me at todd@leadrefs.com if you get a few seconds.

    April 23rd, 2012 at 2:23 pm

    S.S.

    Congrats on the sale. Understand keeping the price confidential — can you give us a ballpark ROI on your investment?

    April 27th, 2012 at 7:03 pm

      Elliot Silver

      @ SS

      No sorry. Not fair to the buyer or the person who sold me the domain name if either would come to this blog.

      April 27th, 2012 at 7:05 pm

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