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Domain Investors Aren’t Well-Liked

Domain investors aren’t well liked. Beyond typical social situations, the only time someone may meet a domain investor is when they want to purchase a domain name that is owned by an investor. The vitriol aimed towards domain investors can be quite alarming. Case in point, this “domain hoarder” comment I received a while ago.

Over the weekend, Mike Carson wrote about his Friendster.com acquisition in a blog post that was widely shared on Hacker News. At one point, it was the top post of the day garnering hundreds of comments. The comment that rose to the top had little to do with Friendster and a great deal to do with Mike’s background in the domain investment space:

Are You Building Something?

Sometimes when I look at X, I feel like I am one of the few people not building something using AI tools. Several years ago, I operated a handful of pet and geo-specific websites on exact match domain names. I primarily used WordPress for the website platform, and I worked with a variety of designers and developers for web development.

A few of the websites I operated did fairly well and several were more along the lines of vanity projects. They all kept me busy and engaged. Today, I only operate this website, Embrace.com, and my corporate website. I don’t have an urge to build anything new at the moment.

Domain Name Registrations Reveal Amazon Acquisition

This morning, I noticed that Amazon registered a bunch of domain names with NLX in them. The company bought a large swath of domain names via corporate registrar Com Laude on April 21st. I noticed these domain name registrations with the help of the Registrant Monitor tool at DomainTools, and I shared what I found on X.

Some of the domain names Amazon registered included:

How to Transfer a Newly Registered Domain Name Sold on Afternic

It’s a great feeling to sell a newly registered domain name. It validates that the time and money I spent on researching something was worthwhile, particularly when the domain name was sold without any outbound effort.

In mid-March, I read an article about something that got me thinking about domain names. I immediately registered 17 domain names at GoDaddy and listed them for sale on Afternic. Out of the blue, two of those domain names sold yesterday (singular and plural two word .com domain names). This was great, but it also led to a bit of confusion for me.

Since these domain names were less than 60 days old, they were ineligible for the Afternic fast transfer service. Instead, Afternic prompted me to provide the authorization codes for these domain names. Within the domain name settings page for each domain name, the typical link to get the authorization code was not there because they were within the ICANN mandated 60 day transfer lock period.

Negotiating with a Price Discrepancy

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I received a $1,500 offer for a two word .com domain name I have listed for sale for $4,999 on GoDaddy. The offer came through Efty, where I use a smart lander I created a while ago. In looking at the lander, I noticed I have a $1,999 valuation listed, so the prospect likely assumed that’s what I am asking for the domain name.

One issue with listing domain names for sale on multiple venues is the challenge of keeping prices consistent across the board. I don’t do as well as I should with respect to that. I might change a swath of prices on Afternic but not update Efty or Spaceship.

Atom.com – What’s Your Portfolio Value?

I have sold more than a dozen domain names on Atom.com. I also have a few domain names that are currently on LTO deals. I’ve enjoyed working with the platform and have a little less than 10% of my portfolio listed on Atom.

Atom has a section on the user dashboard called “Portfolio Value.” I am pretty sure this is the appraised valuation of all domain names listed on the platform using the automated Atom domain appraisal tool. Based on this comment on X, I think the value is derived by adding the BIN price of all domain names in the portfolio. Not surprisingly, the portfolio value fluctuates frequently.