Are Domainers Crazy?

LoveAlerts.com at $3000

I can’t believe I am writing this, but as some of you may have been aware, last night I offered to sell approximately 150 of my Domain Names at $60, the only catch was if buyers were interested, they had to make the offer via Sedo.com and then I would send the name of their choice to Sedo’s Public Domain Name Auction… with the hope of maybe someone else or other domain name investors counter bidding on the chosen domain names and selling the name for a higher price, like $100, or maybe even $1000 or more.

I honestly believe that I have a nice portfolio of domain names, e.g. motokros.com, feet.biz, glamourqueen.com, immobilisers.com, rucksackers.com and all the rest. And I admit I also have some very average domain names.

I have been in the domaining industry for approximately 9 years now, and I have spent alot of money buying my domain names off other sellers and buying them through sedo.com.

Some of those names I have bought have been in the mid $xxx to low $xxxx range.

Last night I was questioning myself should I take the risk of losing alot of the money I have invested in my domain names by listing this “crazy sale”, my heart was beating a million miles an hour as I was writing up the details and even more so as I hit the submit button at each domain name forum I listed the sale at.

TextAddicts.com at 800 Euro

Even right now as I write this post, knowing that I have 2 hours left of the “crazy sale” to go, knowing that this is a chance someone is going to make a $60 bid on one of my good domain names, such as glamourqueen.com which I paid alot of money for.

But I am an honest person, and I will stick by my promise and accept the offer and watch it possibly sell to someone for $60 and possibly see that domain name investor sell it in the $xxxx to $xx,xxx range in the future. And obviously that would hurt as I have been there and done that on both sides of the domain name game.

But with two hours to go, I doubt it, and I am quite amazed that out of the 150 or so domain names, only 4 have been bid on, afl.info, rudephotos.com, qeeh.com and meetdates.com.

Heathridge.com at $850

I ask myself … Why?

Is because domainers do not want to go through the trouble of it being put into an auction and escrow?

Is it because domainers are wary of these type of sales?

Is because domainers are financially unable to afford $60 for a name could potentially make them $xxxx in the future?

Is it because when I listed the sale at one of the forums, a stupid domainer reported the thread as inappropiate and the thread was closed by a Nazi Moderator?

Is it because of the global financial crisis?

Is it because some domainers are just crazy?

Maybe my promotion techniques were not so good, I am not a famous domainer or blogger and the only way I could get word out was by creating threads at domain name forums … hell I even used stumpleupon.com on my blog and I even used digg.com to promote this sale … and received quite a few hits to the sale.

Or maybe is it because it sounds just too good to be true?

But how can a serious domain name investor miss out on an opportunity that I just offered over the last 24 hours?

Or maybe it is just me?  I am definitely not a scammer, but I myself have been scammed before… thats another story

But knowone knows me, apart from my 1000 plus posts at the two top domain name forums on the internet, therefore given me some kind of reputation as a good domainer?

This is what I stated in my threads I created at the domain name forums,

I am taking a huge risk with my Domain Name Portfolio, some of the below names I have been offered $3000 usd and I knocked back, because I believe they were or are worth more than that, some names below I paid over $1000 for, some I have hand-regged and some I have snapped up.

I was not lying about that, I have put up three photos of domain names I lost due to me being a bit greedy (yes I admit to pushing my limits when I get offers) or when I have cancelled the negotiations when I believe that my name is worth more than their offer.

Such names as LoveAlerts.com - I once recieved a few serious sedo bids on this name and I worked negotiated all the way up to a $3000 bid and I counter offered $3500 and the buyer cancelled negotiations, or when someone offer me $850 for heathridge.com and I cancelled the negotiations.

ioew.com at $200

Another name once I got an offer for was textaddicts.com and that offer was 800 Euro, I accept and sent it to auction, but the buyer never paid. That name was listed on my “crazy sale”

Oh and just one more name I offered … you’ve all heard of Nadya Suleman well not too long ago I won octuplets.org at a sedo auction and an interested party missed the auction and wanted me to flip the domain name over and I would of made a nice flip profit, I refused … and yet I offered that name on my sale, a name that has great blogging potential.

And finally one more just to prove to you that domainers must be stupid, not long ago at sedo I got an offer of $200 for ioew.com, but I cancelled negotiations because I believed the name was worth more than that, and I still do …. yet I listed that name on the “crazy sale”

I have made some mistakes in the past with my greed, trying to get high domain name sales, and in the past my greed has worked for me, names like textsingles.com I hand regged for $10 and sold for $2500 … many more

So thats why I decided to do this domain name experiment last night, and offer a bargain which would be too good to turn down, but it was turned down, why I don’t know and will go to bed tonight pondering that thought, and I will also go to bed to night with alot of relief, because I love my domain name portfolio, I love domaining, and thank god, I still have some good domain names left.

I wish those people who bid on the following names goodluck and congratulations on winning a fantastic bargain of a domain name!

MeetDates.com

AFL.info

QEEH.com

RudePhotos.com

endnote: I do not plan on doing any more of these “crazy sales” in the near future, for now I will just sit back and wait for the end-users to come knocking on my door at sedo!

Authors Note:

If this post does not interest you, feel free to visit our other websites as follows:

LostTreasure.com - The Australian Metal Detecting Blog

BeautUtes.com - The Australian Ute Forum

BluePeople.com - The Depression and Mental Health Forum

RuralStar.com.au - Free Australian Classifieds - Event Listings & Articles

RuralStar.com/blog - The Rural Australian Blog

Comscout.com - Cheap $9.99 Domain Name Registration

Do you need a good reliable web host for your Domain Name to create a website? I highly recommend you try out HostGator.com, I have been with this Website Hosting Company for many years, and they are the best on the internet!