I hate domain campers/sharks...

Malcolm

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Sep 30, 2015
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25
You're not alone... I had an idea for a good domain the other day and it was taken I messaged the domain owner to see what they would say....."$98,000"
 

sactown

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Jul 26, 2017
Messages
42
Nope. because at some stage, that lot was sold by the city or government at a reasonable asking price. The money raised from the sale was used for the benefit of the whole community.
I don’t know where you’re located but that certainly isn’t the history here.
 

sactown

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Jul 26, 2017
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42
The first case of this I heard of years ago was when some smart young guy registered the name of www.McDonalds.com

Then when McDonalds wanted to start a webiste they found it was already used!
I cant remember the outcome.
Now you’re venturing into possible trademark disputes, there’s courts that help address such issues.
 

sactown

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Jul 26, 2017
Messages
42
You're not alone... I had an idea for a good domain the other day and it was taken I messaged the domain owner to see what they would say....."$98,000"
I have a really good idea for this vacant lot down the road, but it will cost me a few million bucks. But if my idea won’t cover that cost then it isn’t good enough.
 

DebateIt

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Sep 12, 2020
Messages
11
I found the same thing and also hate it and the prices they ask for these domains are reticulated.
 

sactown

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Jul 26, 2017
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42
A house is not like a domain name where (very often) only one name is a good fit.
I agree with you here, in the context of the real estate analogy a domain is more like the land. The same house can be built in many different places, but the location of the land makes all the difference in terms of value. My current house located in San Francisco would be priced over 10x more,
 

Alpha1

Administrator
Joined
May 28, 2007
Messages
4,000
A shark registered a domain very close to mine. That was smart of the shark and dumb on my part not to register it. So I contacted the shark expecting they would ask for a high price. The price was $90k. I run a non profit so its obvious the shark will never sell it. Now 15 years later its still at an insane price. Its annoying, but that domain will not be used by anyone unless that shark goes out of business.
 

JordanH

Imperial Majesty
Joined
Feb 3, 2014
Messages
328
Before I begin, let me just start off by saying I understand why it is frustrating for you. I get in the same boat as a lot of my domain name ideas are taken. I find the hardest part about building a website is coming up with the domain name. I was once in talks with the owner of Jordan.ca to acquire the domain. I was going to dish out $10,000 USD for this domain. Only for Nike to swoop in and take it in the middle of our talks. I can't compete with Nike!

Nonetheless, I am also one who does buy and sell domains. I strongly urge anyone to take it up. So long as your willing wait, it can be a decent side income. I even own a website software that I sell to domainers to help them sell their domains.

I do own a small portfolio. I'm no where in the "big leagues" and have never sold a domain for $30,000 USD. However, I do make decent profit off the domains I do buy and sell. An example is I just sold F/a/c/i/l/i/t/y/y (dot) com. I purchased it for $11 on NamePros last year. Sold it for $1,795 last week. Another one is T/r/u/c/k/e/r/r (dot) com. Bout it for $20 at NamePros. 5 months later sold it for $1,895.

The point I'm trying to make here is, if there is a market for it, there will be people willing to do it, and people willing to pay for it. I have also bought my fair share of expensive domains too. However, I only buy them expensive when I'm an end user looking to build off it. (Side note: I recently just let my one domain I paid $1,800 for expire by mistake. Ouch)

So I do understand why people registering domains and not using them upsets you. It's just the way it is. I urge anyone to get into domain investing and perhaps you would be able to then buy the domain you want :)
 

Nabix

127.0.0.1
Joined
May 20, 2010
Messages
463
Before I begin, let me just start off by saying I understand why it is frustrating for you. I get in the same boat as a lot of my domain name ideas are taken. I find the hardest part about building a website is coming up with the domain name. I was once in talks with the owner of Jordan.ca to acquire the domain. I was going to dish out $10,000 USD for this domain. Only for Nike to swoop in and take it in the middle of our talks. I can't compete with Nike!

Nonetheless, I am also one who does buy and sell domains. I strongly urge anyone to take it up. So long as your willing wait, it can be a decent side income. I even own a website software that I sell to domainers to help them sell their domains.

I do own a small portfolio. I'm no where in the "big leagues" and have never sold a domain for $30,000 USD. However, I do make decent profit off the domains I do buy and sell. An example is I just sold F/a/c/i/l/i/t/y/y (dot) com. I purchased it for $11 on NamePros last year. Sold it for $1,795 last week. Another one is T/r/u/c/k/e/r/r (dot) com. Bout it for $20 at NamePros. 5 months later sold it for $1,895.

The point I'm trying to make here is, if there is a market for it, there will be people willing to do it, and people willing to pay for it. I have also bought my fair share of expensive domains too. However, I only buy them expensive when I'm an end user looking to build off it. (Side note: I recently just let my one domain I paid $1,800 for expire by mistake. Ouch)

So I do understand why people registering domains and not using them upsets you. It's just the way it is. I urge anyone to get into domain investing and perhaps you would be able to then buy the domain you want :)

What would you say the startup capital is like on domain investing?
 

Col

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Joined
Jan 20, 2008
Messages
17
I don’t know where you’re located but that certainly isn’t the history here.
The way the original comments was phrased, I assumed that the poster was referring to the US. And there, as I understand it, there is generally a paper trail going right back to when the land was coherced or plain stolen form the aboriginal inhabitants, and sold by the Government (national, state or local) to citizens.
 

JordanH

Imperial Majesty
Joined
Feb 3, 2014
Messages
328
What would you say the startup capital is like on domain investing?
You can always start small. Like in the two examples I provided above, the two domains costed me a total of $33 and together they sold for $3,690.
I suggest checking out NamePros.com. They have an active domain buying/selling community there. Check out the "bargin bin" too. You can sometimes find great domains for cheap prices that can easily be flipped.
 

sactown

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Joined
Jul 26, 2017
Messages
42
The way the original comments was phrased, I assumed that the poster was referring to the US. And there, as I understand it, there is generally a paper trail going right back to when the land was coherced or plain stolen form the aboriginal inhabitants, and sold by the Government (national, state or local) to citizens.
That certainly does not accurately describe all of the US.
 
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