Ask HN: What's the best way to buy a claimed domain name?
I've found a domain name I like that somebody else owns. There is no website (just a completely blank page), and the WHOIS contact information is protected by a proxy company.
Domain registars (GoDaddy, NameCheap, etc.) offer domain agency services where, for a price between $20-$60, they'll attempt to contact the domain owner and present a bid for the domain.
What's the best way to bid on the domain? Contact the proxy company and try to go through them? Or are the registrar affiliated domain agents worth the money?
36 comments
[ 6.0 ms ] story [ 95.1 ms ] threadAlso, use a disposable email address, since it's very likely your email will get sold to spam lists.
Also, check sedo.com, flippa, and other domain marketplaces to make sure that domain isn't listed for sale already.
Many squatters register domains when registrars offer have specials like "50 domains for $10!" Those domains never gets renewed by the squatter and instead they are just hoping for one profitable sale. So it's entirely possible that the domain you're interested in will expire naturally and then you can pick it up.
Also, don't visit the squatters domain in a browser. The blank page is there to measure how many hits the domain gets to estimate popularity and therefore also value.
Just make an offer. You may be surprised to find it's accepted.
If the current owner were really in a selling mood, the squatting/parking page would have instructions on how to make an offer.
Why you ask? wikipedia's list of most expensive domain names...http://en.wikipedia.org/wiki/List_of_most_expensive_domain_n...
you have to give credit to the guy for asking!
Most people will be sensible about it.
I get that this is the world we live in, but it's madness.
I will not part with the music box for less than $500. If someone actually offered, I'd probably hold out for more than that.
Is this madness?
Raising the average.
This is a good list: http://www.domainsherpa.com/domain-name-backorder-services
Note: I'm in no way affiliated with the linked site or any of the services listed.
The catch? There's already an equally massive sign above the storefront - Accelerated Pneumatic Deliveries.
You can't move the sign, cover over it, paint it, etc. But the lease was so low you couldn't help but purchase it, and now, as long as you pay your $10, each year you can own this storefront.
A few decades later, Bill Pneumatic, the owner and son of the founder of Accelerated Pneumatic Deliveries, comes along. He wants to purchase your storefront.
Here in lies the rub. You've put roughly $200 into your storefront at this point. Clearly $1000 - a 400% ROI - would be a fair price. But you know:
1. The value of the storefront to APD is nearly priceless. Your storefront is unique, but it will only ever have one interested buyer.
2. The downside potential should you decline is nearly nothing. Three less coffees a year, or skimping a bit one night out a year for the rest of your life, and you can keep that storefront until you're buried in front of it.
Welcome to the world of domain ownership, where the owner has no rational basis to sell to you a domain for anything but a ludicrous price. I know of a handful of established companies that have changed their name over domain availability. I know about a dozen more that have paid thousands for a domain. If those purchasers make up only 15-20% of all businesses, the domain owners are making comfortable, easy money.
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Do not go through GoDaddy or Namecheap. Their services are a flat fee plus commission - why would you want to pay someone commission to buy something for you that you already know is going to be unreasonably priced? Especially a company who specialized in commoditizing their services.
I would recommend contacting the proxy and trying to make contact with the owner. It will take longer, but you have a much higher chance of success.
But you should probably just find a different domain.
A few years ago I was desperate to get the .com of a .com.au domain I had. The guy had his contact details in the Whois information, so I contacted him asking to buy it. I got no response. I relied a month or so after with a price to try and get his attention, no reply.
A few months after this I decided to try the GoDaddy service to buy domains that are already owned (the domain I wanted was registered with GoDaddy). The initial fee was about $60. They made contact and got him to sell - for a price lower than I had offered via email: great!
Maybe my experience was different to most, but I got the domain for less than I was willing to pay.
TLDR: Lead with a real offer at a price that the owner cannot dismiss out of hand, gently imply that your offer has an expiration date, don't act attached to the name, negotiate from there.
Art Of Negotiating A Domain Name Purchase
This is the step that 99% of people SCREW UP.
I see so much bad advice about how to approach someone to buy their domain... "contact them and say I see you're not using xxxxx.com, I have a little project I'd like to use it for... would you be willing to let it go?" etc. etc. etc. HORRIBLE ADVICE.
People that are sitting on domain names don't keep paying the registration fees every year for fun, even if they aren't using the name. They know it has value. So don't insult their intelligence making them think they should do you a favor by letting you have their unused domain.
Many Domain Owners Think They're Sitting On A Lottery Ticket
Many domain owners think that one day someone is going to come along and give them millions for their .Com no matter what it is. The fact is, domains are only worth what someone is ready to had you a check for. (A tip to all you wannabe speculators.) I've seen many GREAT domains never get sold, so always keep that in mind. Anyway, because domain owners have this thinking, they are very reluctant to NAME A PRICE. So forcing them to start by naming a price isn't something they want to do, because they're hoping YOU offer some ridiculously high price that they will then counter to go much higher.
Because of this, you MUST start out on first contact with an offer (more on this in a second). The approach of "would you be willing to sell xxxxx.com? If so, how much?" isn't going to cut it; one of the main reasons is that domain owners of decent domains get TONS of emails all the time asking them that, and when they've replied in the past with a price or try to start negotiations so many people are only willing to pay $100 or some insulting price.
So what do most domain owners do? IGNORE YOU. That's right. So if you've ever contacted a domain owner after looking them up with a Whois search and they didn't reply, it's not because they didn't your email (which makes you think that follow-up fax or phone call will do the trick; HINT: it won't.) It's because they think you're like everyone else that thinks they can buy the domain for $100 or so.
Here's how you get their attention and get the ball rolling...
Rule #1: You must start out by making an offer in your initial email.
Rule #2: This offer must be high enough to get their attention and make them at least THINK.
NOTE: Rule #2's amount will depend on how great the domain is.
The two magic price points I have found that work the best (they depend on how valuable the domain is) is either $1,000 or $2,500.
If it's a great domain then $5K-$10K is usually the starting point. These amounts are enough to get anyone's attention. I've bought many $100K+ value domains for $15K-$20K by starting with a $5K or $7K offer.
By starting with at least something that gets their attention they will take you seriously. This is the first step or you have no chance to make a deal.
In most cases for decent 2 words domains, the $1K to $2.5K opener works best.
* TIP: Always know your seller if possible. Do a Whois on who owns the domain, visit the domain in their email address or do some Google searches, etc. You'll often find a struggling Web designer is sitting on a great domain. $1,000 cash to that person is a lot of money. So this also goes into the process of deciding what to open the offer with.
The key here is not to insult someone with a lowball offer, but offer enough to make them know you're a serious buyer.
So here's a sample initial contact email to send... (and I'll explain the rest of the language I use)...
Subject Line: Whatever.com ($2,500?)
Hi,
I see you are the owner of Whatever.com. I'm in...
Also, a lesson for everyone out there: I was about to buy the .co of the domain name but hesitated for a day to ask this question, and it was purchased by somebody else today! Don't hesitate if there's a domain you want.
That said... you don't want a .co .... you want a .com - unless you are selling to developers, you can get away with something else, but for the general public always .com
Vine is used primarily from within apps. If anything, having a .co is a slight helper as their primary target is Twitter where characters are often a premium.
I don't mean this as opposition to you, tmmm, merely that you got me thinking on why one might prefer a .co or be fine without a .com.
Always take precautions: http://www.thesitewizard.com/gettingstarted/precautions-to-t...
If you go through a broker like DomainAgents (who contacted me and helped negotiate the sale via escrow.com) the process is quite painless - I got my money within a week and the buyer had his site up soon after.
FWIW, I likely could've pushed for more money because his business only had ccTLDs and not the .com that he wanted from me, but $5k for a domain that was expiring was totally a fair price.
http://blog.domai.nr/post/17910329952/buy-a-domain-that-some...
(full disclosure: I help run Domainr)
You could also get a brokerage like https://domainagents.com/ to help you with the process.
http://snapnames.com
http://namejet.com
I've gotten names that I had previously made offers on there.
Probably only makes sense for domains at least 5 figures USD though.