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Re: Re: Re: Re: Re: Documented Domain Losses
Originally posted by hifi
You can see all the reserves (which are the starting bids) if you have access to the silent auction. PM me if you need that piece of info on any particular name.
Thanks Hifi
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Sounds like a very interesting thread, if enough data could be collected.
I suspect most of the available evidence will be mea culpas from members here.
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I have sold at a loss in two deals.
One was a TM, sold to the TM owner after udrp threat. Taught me a lesson on my one and only ever TM name. .
The second I sold quickly to free cash for another purchase whose profit was worth more than my loss. I could have sold the set of names (8x 2 letter .com's) for a profit given a bit of time, but needed quick cash.
Wish I hadnt sold them now. . But hindsight is 20/20.
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Interesting idea, I think a lot of domainers say doing the drops ok they might lose a bit on a few,,,but they might seriously underpay on others making the whole thing well worth it,,, - a numbers game of which tasting would be the ultimate form.
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From dnjournal this week,
"We saw something unusual this week - a domain that sold for less than it did the last time it was on the market. That was #13 Gary.com, a name that fetched $29,000 at Sedo.com. In September of 2006 the name had changed hands for $35,000 in a private ale. "
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Another to add,
Video.us
Bought for $75,000, dropped and sold at auction for $18,500.
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Gary.com was mine. It was a combination of cashflow and sedo allowing a person to withdraw their high bid. Taught me never to use sedo without a very clear reserve and one that you decide - not what they suggest.
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I just sold shocktherapy.com on SnapNames extended auction for $2000 (2k reserve) netting me $1700 after commission. I paid $1800 for it a few years ago on buydomains. This has been the only domain I've sold at a loss (I haven't sold many).
-Mike
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Originally posted by alldig
I just sold shocktherapy.com on SnapNames extended auction for $2000 (2k reserve) netting me $1700 after commission. I paid $1800 for it a few years ago on buydomains. This has been the only domain I've sold at a loss (I haven't sold many).
I would think many have gone that route in auctions with the dilemma of setting the reserve low enough to receive multiple bids and perhaps a higher end price or setting the reserve higher and maybe not getting a sale, i am sure if the reserve was a little higher you probably would have made a small profit, thats the kind of name without a ton of niche endusers in that business participating you
just dont no
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There is a blog entry today asking about people losing money on domains, see:
http://www.thedomains.com/2008/04/26...y-on-a-domain/
Another example would be Shaft.com, which changed hands at $17,500 at TRAFFIC last year:
http://www.dnjournal.com/archive/dom...es07-31-07.htm
However, at the recent DomainRoundtable, it resold for $17,000 (lot 262):
http://www.domaintools.com/live-auct...html#Shaft.com
If you take into account the commission, the loss is even bigger. One should take into account the PPC revenues that the domain received during the holding period, though, in calculating the loss. However, it’s safe to say that if the domain was generating big PPC revenues, an unmotivated seller wouldn’t have set the reserve at $15,000.
George Kirikos - (416) 588-0269
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How much of the domains losses would be due to the falling US Dollar (at a guess)?
Regards...jmcc
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Originally posted by jmcc
How much of the domains losses would be due to the falling US Dollar (at a guess)?
Regards...jmcc
That would be another thing again. Basically anyone buying largely US assets (like most .com domains) would have a large loss from the currency decline in real terms that would need to be weighted in.
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Also to calculate things into "Real terms" ...
"Inflation" must be factored in.
Last edited by Domo Sapiens; 05-01-2008 at 06:09 AM.
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Originally posted by jquail
... sold quickly to free cash for another purchase whose profit was worth more than my loss.
i've done this also... sold a domain for a loss within weeks of buying it, to help fund a better domain opportunity...
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Even selling at the same price as when the same name was bought 2 years ago in dollars would incur many of us a 20%-30% loss due to currency difference.
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