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Selling and buying domain names as an investment?

Posted on 8/8/19 at 2:21 am
Posted by CockyTime
Baton Rouge
Member since Nov 2015
3397 posts
Posted on 8/8/19 at 2:21 am
Does anybody have any experience doing this? I own a few different domain names that I'm sure somebody would be interested in buying especially here in BR, but have no idea how to go about seeing what kind of market I'd have. Any suggestions or can anyone refer a local company? How much would a popular domain name sell for these days?

I've been sitting on these for awhile and just never came around to putting a business together around them. Does anyone know if you can sell a domain, but still maintain some ownership of it as in taking a percentage of whatever income is generated from website? Is that normal or not so much? Im really just kicking around ideas but I'd love to discuss with someone local if anyone has any recommendations.

[If this post needs to be moved to another board, please do so mods. I didn't know which one it fit in]
This post was edited on 8/8/19 at 2:23 am
Posted by Manzielathon
Death Valley
Member since Sep 2013
8951 posts
Posted on 8/8/19 at 3:12 am to
You’re kind of fricked unless you happened to have registered the domain name


www.tigerdroppings.com


Which I see you have failed to do
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36788 posts
Posted on 8/8/19 at 3:41 am to
Eh, unless it is an already established business I would say your domain names are useless.

If people are smart, they'll just come up with another name that requires a domain name that's not already taken.

That's why you see so many new businesses with strange names.

People made money off buying up domain names off already established preinternet businesses like pizzahut.com, etc

This post was edited on 8/8/19 at 3:42 am
Posted by saint tiger225
San Diego
Member since Jan 2011
49201 posts
Posted on 8/8/19 at 3:41 am to
No one wants your www.ieatmyboyfriendsass.com domain name. Sorry podnuh.
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
9008 posts
Posted on 8/8/19 at 4:41 am to
We used Snap Names for this like a decade ago. May be better ways to do it now. You can auction off domain names.
Posted by Sweltering Chill
Member since Aug 2017
2150 posts
Posted on 8/8/19 at 5:33 am to
You’re about 25 yrs late to the party.. back then you could literally register Coca-Cola ,com , sinc most companies hadn’t thought to do that yet.. then could ask them whatever you wanted for it.. heard stories about a guy who register Kleenex.com and they paid him 100k for it,

Others would register Nabisco.com and just ask for boxloads of cookies in return.. now with intellectual prop laws its harder to hget away with
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141101 posts
Posted on 8/8/19 at 5:50 am to
No one is going to pay you much for a name. Too many options.
Posted by OceanMan
Member since Mar 2010
23416 posts
Posted on 8/8/19 at 6:07 am to
This was a fine idea 20-25 years ago
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
7357 posts
Posted on 8/8/19 at 6:44 am to
This seems like it's in line with the ambulance chasers, patent hawks, and pyramid scheme business vibe. Just kinda looking for a way to make money a slimy way.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
25154 posts
Posted on 8/8/19 at 7:21 am to
There is an industry around domain names and registering them and selling them.

I have had a couple I wanted to buy that the broker wanted six figures for. Sometimes there can be homeruns in that but most of the time not so much and I would guess if they are BR specific they are not worth much.

Posted by Sweltering Chill
Member since Aug 2017
2150 posts
Posted on 8/8/19 at 10:16 am to
quote:

This seems like it's in line with the ambulance chasers, patent hawks, and pyramid scheme business vibe. Just kinda looking for a way to make money a slimy way.



Not true.

If this were 1994 and i was clever enough to register general motors.com before most companies had thought to do that (yes, that happened thousands of times ) and i asked for a brand new 95 Corvette to relinquish the domain name.. then not only is it legal and ethical, it rewards ingenuity and foresight.
Posted by Jim Rockford
Member since May 2011
106047 posts
Posted on 8/8/19 at 10:18 am to
Give me your email address and I'll send a link to my online seminar that tells you all about it.
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
17242 posts
Posted on 8/8/19 at 10:46 am to
quote:

If this were 1994 and i was clever enough to register general motors.com before most companies had thought to do that (yes, that happened thousands of times )


Not unless you happened to have a company called General Motors before you registered it. See Nissan.com as an example. A guy had a small computer shop called Nissan Computers and he registered Nissan.com first. Courts ruled it was his and not Nissan Motors just bc Nissan Motors was bigger. Point being he actually had a company called Nissan and wasn’t just domain grabbing other people’s company names.

Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
76774 posts
Posted on 8/8/19 at 10:48 am to
in the early days maybe it was a good way to make money. buy p all of the big company domain names and celeb domain names and sell them at a profit.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 8/8/19 at 10:55 am to
quote:

but still maintain some ownership of it as in taking a percentage of whatever income is generated from website


Lol
Posted by 777Tiger
Member since Mar 2011
93541 posts
Posted on 8/8/19 at 10:57 am to
if you didn't do this in the '90s, that ship has sailed, baw
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
20386 posts
Posted on 8/8/19 at 11:31 am to
My partners and I started a company in 2002 and subsequently found out some dude had bought up our company domain name. He contacted us and wanted $100k for it. We told him to frick off and came up with an alternative domain name. A year later he wanted $25k. frick off again.

Five years later he offered it to us for $500. By then our other name was well known in our industry. Too damn late for him.

He was an idiot for thinking we had $100k to start or would pay that. Then he was an idiot for sitting on the name for too long.
Posted by Sweltering Chill
Member since Aug 2017
2150 posts
Posted on 8/8/19 at 7:37 pm to
quote:

Point being he actually had a company called Nissan and wasn’t just domain grabbing other people’s company names.




What’s wrong with ‘domain grabbing’, as you put it? If a technology is in it’s infancy, like domain names and company internet sites were 25 yrs ago, and i had the ingenuity and foresight to register a name (and spend money to do so, btw)- then how am i at fault? If i registered Dr Pepper.com in 1993 and Dr Pepper didn’t have anyone smart enough to do it first amongst their 50,000 employees, who would have ascertained that they might want to have that website and make money off of it- then why should i be penalized for that?

Again, all of this is a moot point now since those days are long gone, but if i had been smart enough as a college student back then to spend what little disposable income i had to register domains, then you bet your *** i’d feel entitled to compensation from ANYONE who wanted to use the domain i’d Legally purchased.
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