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missed a nice one

DomainNames

Top Contributor
really liked Rainwatertanks.com.au which dropped today... forgot the auction cut off time while busy! :(

Good luck to the buyer awesome name. Market value of that name could be $10k
 

aus11

Top Contributor
I liked that one too, but went above my price range at the moment. Great end user domain!
 

snoopy

Top Contributor
really liked Rainwatertanks.com.au which dropped today... forgot the auction cut off time while busy! :(

Good luck to the buyer awesome name. Market value of that name could be $10k

As opposed to the $1000 it just sold for at an auction everyone in the industry follows?
 

goldnugget

Top Contributor
Here in Qld they just announced that it wont be compulsory for new homes to have watertanks fitted any more saving new homeowners/builders thousands and bringing doubt to some of the smaller manufacturers ongoing operations in the watertank industry.
As opposed to the $1000 it just sold for at an auction everyone in the industry follows?
Watertanks would be the more valuable equivelent I think, but based on what I said above, even that probably just fell 10% + in value.

Jay
 

Chris.C

Top Contributor
For what it's worth I thought it went very cheap as well.

I thought it was a $2000 - $4000 to domainers and I could definitely see it being worth $7,500+ to an end user.

Often these days when I see domains of this quality I don't even do due diligence on them because I expect to be quickly outbid.
 

findtim

Top Contributor
Here in Qld they just announced that it wont be compulsory for new homes to have watertanks fitted any more saving new homeowners/builders thousands and bringing doubt to some of the smaller manufacturers ongoing operations in the watertank industry.

Watertanks would be the more valuable equivelent I think, but based on what I said above, even that probably just fell 10% + in value.

Jay

WHY would they stop that? geez pollies frustrate me.

tim
 

goldnugget

Top Contributor
No idea why they do half the things they do...too many backdoor deals to count I think. They have the housing industry to support, utilities and water sales who are owned by this group, leased to that group, licenced to another group (all with a government finger in each pie).....you know how it goes. In the end we are the ones that always pay :mad:.

Oh and the ban on electric hot water for new installs is being lifted too...I didnt even know till recently there was one.
 

DomainNames

Top Contributor

snoopy

Top Contributor
The real market value is for end users not domainers

There is no "market value" for endusers, they don't line up to buy domains like domainers do (that is a market-multiple buyers at the same time).

It is low probability in terms of an enduser paying more than a domainer. I still like low probability if it means high prices but endusers don't form any market as such. So if this name were to sell for $10k, that would be a low chance event, not an indication of value.

If you had a rainwater tank business what name would you want to buy and use?

As a domainer I don't have any such business and I couldn't imagine ever trying to run one. *Most* endusers won't be interested in the domain at more than a domainer would pay....ditto for any domain.
 

findtim

Top Contributor
its amazing that sooooo may businesses still prefer " scottswaterstorage" etc over a premium EMD.

in sales pitches i now call them "audience targeted domains" as i get a much better reaction.

once i get their attention thats when i bring in EMD as an add on.

i am NOT contradicting myself but i disagree with snoopy on:
It is low probability in terms of an enduser paying more than a domainer
for those businesses who have some savvy they will value a domain FAR higher then a domainer, i've proven it many times as i know others here have.

tim
 

DomainNames

Top Contributor
" *Most* endusers won't be interested in the domain at more than a domainer would pay....ditto for any domain" Snoopy

Snoopy , gotta disagree with you on this also. The bigger sales on the aftermarket this year have not been to domainers. As a majority a whois search of all the years sales new owners back up this fact. There are also many sales not occuring on netfleet.com.au which go unreported and many of those new sales are by non domainers for some very high prices.

To many people ( including many domainers and many non domainers) $10,000 for a domain name is nothing to pay for a good name they want.. to others its more than they could ever dream of paying even if they wanted the name....
 

Chris.C

Top Contributor
When it comes to "technical definitions" I think Snoopy is probably more correct.

NF's auction is what I'd consider a "wholesale market" and is the closest thing to "market price".

Selling to an enduser is what I'd consider a "retail sale".

Of course with domains there is the unusual situation where the market price is a LONG way from the retail price which isn't the case in most industries, ie you can buy a new pair of nike shoes on an ebay no reserve auction for maybe 50% - 60% of what they sell for retail in a store.

With domains they sell for more like 10% - 25% of retail.
 

snoopy

Top Contributor
" *Most* endusers won't be interested in the domain at more than a domainer would pay....ditto for any domain" Snoopy

Snoopy , gotta disagree with you on this also. The bigger sales on the aftermarket this year have not been to domainers. As a majority a whois search of all the years sales new owners back up this fact. There are also many sales not occuring on netfleet.com.au which go unreported and many of those new sales are by non domainers for some very high prices.

The sales that get reported are the successes, the typical scenario is for a domainer to hold a domain for a very long time looking for the elusive enduser who will pay top dollar. Personally I'm able to sell maybe 1-2% a year for prices significantly above what a domainer would pay. If I owned rainwatertanks.com.au and held out for $10,000 I'd expect to wait 50+ years on average, so If I wanted a sale like that each year I'd probably need 50-100 similar names.

To many people ( including many domainers and many non domainers) $10,000 for a domain name is nothing to pay for a good name they want.. to others its more than they could ever dream of paying even if they wanted the name....

People buying names for 10k is a very small subset of the market. Mostly it is people paying $20-$1000. Even then the emphasis is on the lower end of that.
 

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