http://newsroom.eworldwire.com/view_release.php?id=17582
Press release from a hopeful nameseller...
Quote: "Escovar has announced that he is going to sell one of his portfolios of his prized domain names in October. The lot will include over 1,000 names and it’s estimated that the lot will sell between four and five million dollars."
He'll probably get it too.. Such is the nature of the business.. Thousands of recreational commercial registrants who just fell into the business. People who have never been counted via attendance in a domain name related forum or chat room. People with a creative penchant building portfolios, almost accidentally - only to wake up one morning with 4 or 5 million dollars in equity.
Buying domain names was and continues to be a moment in time where the persistent and driven among us can create value with sweat equity. I love stories like this because they personify the dynamic at play in this business and remind us that anyone can do it.
hey Frank,
thought I'd share a brain dump I just posted over at Domainer's Gazette. I basically cataloged a basic guide for any new'ish domainer or SEOmainer entering the field, from buying, to developing, to monetizing, and analyzing.. feel free to add anything you think I may have missed.. hope the move is going well..
http://www.domainersgazette.com/reference-guide-for-a-new-domainer-seomainer/
-peter
Posted by: Domainer's Gazette | September 06, 2007 at 03:51 PM
Frank,
I thought you might be interested in this new eBay listing. 319 .org and .com family surname domain names being sold in one block. (Yes, these names are owned by us.)
I had written to Michael Gilmour that there has been a lot of lamenting regarding the domain industry: i.e. Too tough to get portfolios going, no decent blocks of
names.
Here is a direct rebuttal to those arguments. :-)
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=290157691571
Posted by: Chris Ward | September 06, 2007 at 04:50 PM
I can't see too many valuable names listed in the story, sounds like a fluff piece to me.
Posted by: Snoopy | September 06, 2007 at 06:22 PM
I think the "Moment in Time" message is probably one of the most useful if somewhat obvious message to come out of just about any domaining discussion ever held.
The big question is what is this the moment is time for? It is certainly not the moment to be fresh regging ASCII.com!
Posted by: David Wrixon | September 07, 2007 at 01:58 AM
Yep... and the Geo domain names can be worth even more! I own a city domain name and you don't just own a static noun, verb, adjective but a living item that may grow, produces news, generates tourism. And you aren't just selling a domain name but control and power of a city! I set-up the email address "major" just to see what would happen and sure enough, people contacting it thinking they are reaching the city mayor! Imagine what one can do to a major during elections! Or just after a major natural event (earthquake, hurricane, etc) the website can reflex death, destruction, we are closed for the next few year or show all of the positive and everything back to normal within a month. Look at what Vegas.com has done with itself, so what is that domain worth be it self? $10-20-50 million maybe even more, considering tourism is one of the few consistent growing segment of the internet. What are your thoughts.
Posted by: Charles | September 07, 2007 at 03:07 PM
Very interesting and the Geo domain names can be worth even more! I own a city domain name, and you don't just own a static noun, verb, adjective but a living item that may grow, produces news, generates tourism. And you aren't just selling a domain name but control and power of a city! I setup the email address "major" just to see what would happen and sure enough, people contacting it thinking they are reaching the city mayor! Imagine what one can do to a major during elections! Or just after a major natural event (earthquake, hurricane, etc) the website can reflex death, destruction, we are closed for the next few year or show all the positive and everything back to normal within a month. Look at what Vegas.com has done with itself, so what is that domain worth itself? $10-20-50 million maybe even more, considering tourism is one of the few consistent growing segment of the internet. What are your thoughts?
Posted by: netling | September 07, 2007 at 03:14 PM