Ask HN: Have you ever sold a domain-name? How was your experience selling it?
Hi,
I'd like to know about your experience selling out your domain-name(s) if you have any.
Was it difficult? Was it time-taking? Did you face any difficulties?
Would really appreciate your responses.
Thanks!
31 comments
[ 3.9 ms ] story [ 77.0 ms ] threadI forget the details of how the exchange happened, though. I assume we used some third party escrow service, but I’m not sure which. Maybe we didn’t.
The person I sold it to immediately relisted it for 79k. That was a bit irritating.
I got all excited thinking it was worth a ton but the transaction history shows it at exactly what you got for it. But it all depends on the word too I suppose.
I had to put the highest possible security for the twitter account and If I make a post I get 1-3 requests a day to login/reset and if I'm willing to sell, maybe even for 6 figures. (Which if you didn't know, responding "yes" is a violation of The Bird Apps terms, and they have repeatedly yanked peoples names for soliciting a sale"
A little backstory: a friend of mine sold a five letter single word .com about a decade ago for a really low price, IIRC $500. The buyer turned out to be Electronic Arts (through a middleman, obviously) and they used the domain for one of their games.
Every time I was contemplating an offer for the domain, I was worried that I was getting EA'd :) When I saw the domain getting relisted, I felt like that's exactly what happened.
So, to answer the original question, my biggest gripe is probably that price finding is really difficult for non-professional players.
That way, if they list one very high, perhaps they'll get an above average offer on the .com, then when they sell that, the same seller will buy the .Io for a cheaper price. Such as 10k.
Didn't take much time to finish a transaction but it can take some time to find a potential buyer.
It really depends on the domain and buyer, sometimes it takes a few months of back and forth to come to a final price. Other times, it takes 15 minutes...
Ended up selling to a person whose last name was the name I'd registered for a group (the initials we'd chosen happened to also be a last name in another country)
Didn't make "much" on it - but it was pretty simple: post on eBay, have person win auction, receive payment, enable domain transfer, it's now theirs (I presume - it's at the very least no longer mine)
They had a policy of doing a free transfer (with 1-year registration) if you could prove you had a reason for it to be yours.
My credit card info with the name matching the domain was a simple no-brainer
(oddly enough - for close to 5 years after I got the domain, I'd get 404 hits in my logs for sites about WWF (this was pre-WWE rebranding) wrestler pages ...apparently whoever'd had it before me was a huge pro wrestling fan)
If it's the first case (johnsmith.example), isn't it tricky to discern between "hey that domain is a concatenation of my name and surname!" VS "no, you're not right, the domain is a concatenation of the strings 'jo' and 'hnsmith'. 'jo' is my nickname, 'hnsmith' is the name of my company/club/whatever)
As for the "tricky" aspect ... I suppose if my name were a little different, or, perhaps, if my middle initial or name was in there, too, it could have been "tricky": but when you can simply ram my first and last name together and get the domain ... it's fairly straightforward :)
That said, it was only a 'free' transfer because the registrar was holding the domain name, and I had a valid claim
Now say it was something like lomeintogo.com instead
Establishing whether it's "lo mein to go" or "Lomé in Togo" or "Lo! Me into Go!" (minus the punctuation, of course) might be more difficult. However, if you had a legitimate claim, they'd transfer it to you (if there was more than one "legitimate" claim, it was first-come, first-serve, so far as I can recall)
Negotiated a price in a non refundable medium.
Received funds and generated transfer code with the registrar.
They continued my legacy of aging this domain with a parking page veneer.
....domain appears available again, and it is reasonably catchy for a name.
Repurchase domain and repeat I guess now.
Sold it for $10k.
A few months later I hit the url out of curiosity and found out they made it into a porn site, and had a good laugh.
I don't have time to waste on tons of back and forth emails these days and my policy now when one approaches me unsolicited is to tell them not to contact me again and have the buyer get in touch with me directly.
Last time escrow had a problem depositing money to my bank account because "the account number you provided had too many zeros in front of it and our system cut it down".
So change your stupid system so it won't corrupt essential customer banking information!
Otherwise it went well.
I just checked now and they finally started using it. Looks like a travel agency which is a really weird choice for the price they paid and the TLD.
I originally bought the domain for an idea I wanted to develop. I kept it around after an it fizzled out in case I ever want to get back to it. It was very exciting to have my "startup" "exit".
I promptly went out of business, losing about $80,000 more.
A few years later, someone pretending to be an entrepreneur with a general demographic profile like my own pretended they were starting a new company and wanted to buy the domain for $200,000. I did a cursory background check and figured out that they were fronting for a much bigger company. The truth is, $200,000 was just fine with me. But their appeal to my perceived vanity was insulting. I ended up getting $350,000 for the domain name. I’m unable to disclose the domain name because of an NDA.
The process has always been childishly simple because I used escrow.com. Before selling that domain name, I had purchased a business website using escrow.com so I knew it worked well.
I have sold a few other domain names for up to $15,000. I do have a stock of a few hundred other names I have not done a good job selling.
A few people have called me and asked me for domain names with a good sob story. I gave them away for free and nothing was ever done with the domains except to end up parked. I’ve changed tactics and when others tried to get domain names for free I told them to put up a website using WordPress and once I’d seen their initiative I would be happy to give it to them. No one has ever completed the task.