for some reason I thought about this domain tonight and thought I'd check out what had become of this record breaker
well... nearly 5 months on and the answer appears to be "SFA"
i did a search for "investment property" (without quotes) and looks like their forsale.investmentproperty.com.au subdomain is languishing around #325
makes me feel slightly better about not developing the $200-$300 domains i've bought in the last few months![]()
for some reason I thought about this domain tonight and thought I'd check out what had become of this record breaker
well... nearly 5 months on and the answer appears to be "SFA"
i did a search for "investment property" (without quotes) and looks like their forsale.investmentproperty.com.au subdomain is languishing around #325
makes me feel slightly better about not developing the $200-$300 domains i've bought in the last few months![]()
It could be worse, could be the dreaded "for sale" page on a domain they obviously overpaid for.
Obviously overpaid?
You've argued until you were blue in the face that a domain is worth what someone is prepared to pay for it.
Sometimes auctions aren't rational exercises.
I think you are a bit confused here. People under and over pay all the time.
You might have in your mind a figure that you are prepared to pay but as the auction progresses you can easily justify to yourself amidst all the action that it is worth that 'little bit more' and hence overpay.
Yes I realize that. However this contradicts your oft stated opinion that a domain is worth whatever it sells for.
Remember the domains that I said were worth low $xx but that the cor charges would make it hard for them to sell? You insisted if they couldn't sell that means they are worthless.
Hit the nail on the head. Auctions tap in to emotion and competitiveness.
You might have in your mind a figure that you are prepared to pay but as the auction progresses you can easily justify to yourself amidst all the action that it is worth that 'little bit more' and hence overpay.
Just noticed InvestmentProperty.com.au is developed.
It was about time.
Still not ranking anywhere near the top spots.
The comms from the sales on home and land packages would pay for the name very quickly.
Money would have been better spent on adwords. Or even better left in the bank.
That amount of money is a drop in the bucket in terms of investment properties.
I'm sure there is plenty of change left for adwords. They probably already have more than enough cash in the bank given the industry.