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Domain Name Auctions on LET
There are some pretty decent or better domain names auctioned on a regular basis here in LET. I'm not an expert on domains, but from my layman perspective it would seem that they could potentially fetch higher prices if sold on the popular large domain name resellers sites, usually run by the larger registrars.
What is the incentive for a domain name owner to sell it here, targeted at a more limited audience, than elsewhere where they might go for a higher price?
Comments
@DP
There are no middle-man fees
I might have woken up on the wrong side of the bed, but a bunch of domains auctioned here sucks, and at a domain forum, they’d know they suck.
Yeah, I woke up and chose violence.
You haven't seen a few good domains here?
He has, it's just emgh.
I have, but there's a lot of shit too.
Just woke up haha, so it was even more emgh than usual
It's just like idling VPSs.
I sometimes buy domains for 0-3 dollars or because I have plans for them.
But I don't have the time to realize all my "great" website plans.
I create auctions to reduce the number of idling domains.
It might not be the most popular auctions, but others have a chance to get a cheap domain and I make a small profit despite some of them don't get sold.
And now and then I sell one of the domains with a decent profit.
Do any of the dedicated domain auction sites sell domains at a relatively low cost?
To be fair, you can say the same about most offers on LET.
Just about every provider on here sells at well below "market" rate. As to why? Everyone has their own reasons and justifications. Some of them might make business sense, some of them might not.
That being said, a domain someone might be willing to spend $30 on through an impulse buy auction could alternatively take 2 years to sell for $200 through one of the "big guys". Or it might never sell at all through them.
whats the cheapest 2 letter domain i can buy? auction or retail ? with low renewal btw
Forget about any of the original gTLDs; all those two character domains are long gone.
If you folks were interested in selling your domain (not on LET), which sites would you list it for sale on and what other steps would you take to maximize the potential sale price?
Yeah, for some that's pretty much the case but i'm not that much of an asshole that i'd point those out. People pay what they feel the domain is worth to them. If that's above what such domain would usually fetch (in my humble opinion) i'm simply happy for the seller and assume there's something to this specific domain that justifies the price to the buyer.
(Well, OK, sometimes i can't contain myself when there's an offer for some exceptionally pointless domain but in that case the domain is so bad there also wouldn't have been any buyers if i had kept quiet)
Are those poor domains auctioned here fetching a higher price than it would on a dedicated domain auction site?
Sometimes that's the case but on the other hand there's also situations where i'd feel with a bit of patience and all the sellers might have gotten a better deal elsewhere.
If you are generally interested in domains (sales) i guess taking a look at https://www.namepros.com/ wouldn't hurt
Edit: I wouldn't really call the domains that fetch more than i'd expect on LET poor just somewhat random and domains like webhost.loans (i think something along those lines was being auctioned here sometime ago...) is unlikely to find buyers, be it on LET or elsewhere.
2 letter?
If you mean 2 characters, you have to look at dan.com or a similar website. These are hard to get.
If a number in the domain name is okay, you can register and renew a .nu for $13 with https://domainname.shop
Eg. 0o.nu o0.nu
You can compare regular prices at tldes.com but be aware that short domains are premium with some tlds and cost a lot more than regular prices.
You can register and renew .ee/.lt 2 characters domains cheap at Zone.eu if domains include numbers is okay.
eg: 6c.lt
Or not, .ci at Regery is good suggest to you.
eg: jq.ci