Dear members,
I have some questions, could you please advice me on these things
1. Kindly suggest me some domain names examples that are trending so that I can buy one with your advice and expertise
2.Currently which domain niches are more trending like real estate, pharma, etc. So that It will help me to take decisions
3. If today I buy new domain from spaceship or dynadot, and sell it on afternic fast or sedo mls today for 500$ in BIN option. Do I need to wait for 60 days to receive the payment from buyer? Any solutions to tackle this issue?
4. How minimum should I price my domain in the beginning so that I can sell my domain easily to gain confidence
Regards,
prateek
Hi Prateek,
I'll give my "two cents worth" and hope that it helps you...
I started buying domains in the 1990s and my friend sold Loans.com to B of A for $3.2M which got me buying good names, early on... I usually only buy .com and .tv but have been known to buy short names with other extensions. But even I make the mistake of typing .com after MyDomain with a different extension before I realize that I purchased the other extension : ) so, I'd recommend only buying super short / good single or double word domains, ideally with a .com
You might have an advantage over others if you're getting in at this time, right now... a few years ago I would not have sold a domain to you for a low price... however, today I'll buy a .com off a seller and I'll sell one of my .com names for a super low price, as things would appear to have softened in the market... so, if you're just now getting in, you're getting in at a time when good names have been purchased, paid on for years and might now be available to be purchased at a super fair price.
If you find that a name you want is taken, contact the owner and make a fair offer... I use
GoDaddy.com/whois ( at the bottom of the page there's often a "contact owner" link unless the ownership is masked, which makes it impossible to contact the owner without paying GoDaddy $70 : (
If there's a webpage connected with the domain you might find an email contact there.
I used to get phone calls regularly from buyers who'd ask me to sell them my domains...
I ended up helping a friend out when he needed money by letting him see my domain list and finding a buyer who'd pay a fair price... I was shooting Reality TV Shows at the time and had several .tv domains. My friend got an investor to purchase 51% of one of my .tv domains that I wouldn't have thought would have been my first domain to ever sell... I could've purchased a couple of new cars with the money at that time, to give you an idea of the sale amount.
You asked for suggestions of examples that are trending... simply connect on the Internet with "things that are trending" and make your own choice of what appeals to you, to buy.
You asked which niches are trending more? select niches that appeal to you.
For payments, I'd recommend PayPal or a similar online payment system... there's always a pleasant way to pay online with PleasantPay™ but I haven't yet built that one out ; )
I'll possibly be your first domain buyer if you need to get your feet wet... let's see if we can do a small transaction where you make a profit.
There's room for all of us in this market, so let's work together so we can all come out ahead