Make millions w Domains!

[DreamscanbeVisions]

Okay

[CondorCreative]

It's not really as easy as you make it out to be.

Btw... seems kinda odd that you would get an offer for the domain shortly after registering it.... you sure it wasn't a scam? A lot of those going around.... mainly ones where they agree to buy your domain but ask you to get it "appraised" first. They "suggest" a few appraisal companies (which they own), you pay for it & then you never hear from them again.

[DreamscanbeVisions]

Okay

[CondorCreative]

Originally Posted by DreamscanbeVisions

Actually it is lol if you want disagree with what I stated that's no problem for me or anyone else investing in a real market.

I'm not going to say what domain or the company that offered to buy, I'll say this:

- The company sells product (domain name)
- Has a professional website
- Advertises on AdWords

Not only are these domains investments but they are huge money savers on advertising if you buy proper ones

You can disagree once again but ultimately you don't know as much as I know in this field because if you did you'd be busy buying domains

You know what they say about assumptions

I actually used to do a lot of domaining several years ago but decided to get out of it because of all the corruption (for lack of a better word) & because you virtually had no chance of getting any big names unless you bad deep pockets.

Sure you can filter through long lists of domains & make use of tools etc..... but at the end of the day I found that all the time spent trying to find any good domains & then sell them wasn't worth it & my time could be much more productive elsewhere.

I did spend a bit of time in domaining, so I have sold quite a few domains (including one for 20k) but it's just not worth the hassle anymore.

Oh & btw.... .au domains aren't technically allowed to be registered for the sole point of selling them

[LemonChip Web Design]

Someone feel free to correct me here, but i'm pretty sure there are some laws now that protect people from having domains registered in bad faith (i.e. pure profiteering).

You can submit a claim and if it's found that the registered domain isn't being used or has a clear link to the person who wants it, they just cancel the registration and pretty much hand it over to the person with the rightful claim, no compensation nothing. Just say goodbye to your domain.

IMO there are better professions to be in rather than holding domains for ransom when someone eventually decided they want it.

[CondorCreative]

Originally Posted by LemonChip

Someone feel free to correct me here, but i'm pretty sure there are some laws now that protect people from having domains registered in bad faith (i.e. pure profiteering).

You can submit a claim and if it's found that the registered domain isn't being used or has a clear link to the person who wants it, they just cancel the registration and pretty much hand it over to the person with the rightful claim, no compensation nothing. Just say goodbye to your domain.

IMO there are better professions to be in rather than holding domains for ransom when someone eventually decided they want it.

That depends on the domain & possibly the TLD you are talking about. Most domains people are buying/selling are legitimate domains such as boats.com, ToyShop.com, Lingerie4Sale.com for example..... none of these domain are being "held hostage", domainers are simply acquiring them & if they find an interested buyer selling the domain to them. Then yes, you also get some domainers who like to try & make money off of big companies by registering domains they want want or perhaps typos of their brand name..... not only is this unethical it also can cost the person a lot of money if the company decides to make an example of you; most cases however usually end up with the rightful owner to the domain (trademarked terms for example) getting the domain transferred to them after requesting it OR filing a UDRP to get the name back.

Then you get the even WORSE domainers who try & make money off of tragedies such as earthquakes, peoples deaths etc & go around registering domains related to that event.

The moral to the story is that domaining does get a bad name in a lot of peoples eyes, but there is a LOT of legitimate domainers out there too.

[seocourse]

These posts reminds of
If I build one site that makes me $1 per day, hey I can create 1000 sites that pull $1000 per day.

Making money from Domains?
Well, welcome to a though game.

some clear points

• You can't sell a new domain name until 6 months after registration in Australia.
• The transfer of register can cost over $150 dollars in Australia.
• The average sell of a domain name in Australia in the pre-owned domain name market is less than $500 (these is not including premium domain names)
• premium domain names are all taken
• Full time domain name brokers are in fact "few" ... mainly because to make a small fortune, you need to invest a big fortune.

Good luck and let us know when you make some millions...

[seocourse]

Originally Posted by DreamscanbeVisions

You can disagree once again but ultimately you don't know as much as I know in this field because if you did you'd be busy buying domains

Be humble when you write , because clearly you ignore how much some people in this forum may know about a topic that you just "discovered" a few months ago.

Originally Posted by DreamscanbeVisions

Ohh & for appraisals I use 5 different tools to know the approximate value I'm not a retard to go asking people for quotes etc when they are essentially competitors

Domain name appraisals mean 100% nothing. and if you are using them, it means that in fact you don't understand the domain name industry

I own some domain names (over 500+) and let see what appraisals tell me

whatiscancer.com
value $4700 via Estibot
Real?
I don't think so. monetizing cancer sites it's usually pretty difficult... that's why you don't see many commercial cancer sites

So an appraisal tool means nothing... mainly because a domain name is worth... what a buyer it's willing to pay.
nothing more , nothing less

[sensory fx]

Before you get too carried away registering .com.au's you might like to read the legalities of doing so on the auDA website:

b. Evidence of Registration or Use in Bad Faith. For the purposes of Paragraph 4(a)(iii), the following circumstances, in particular but without limitation, if found by the Panel to be present, shall be evidence of the registration and use of a domain name in bad faith:

(i) circumstances indicating that you have registered or you have acquired the domain name primarily for the purpose of selling, renting, or otherwise transferring the domain name registration to another person for valuable consideration in excess of your documented out-of-pocket costs directly related to the domain name; or
(ii) you have registered the domain name in order to prevent the owner of a name, trademark or service mark from reflecting that name or mark in a corresponding domain name; or
(iii) you have registered the domain name primarily for the purpose of disrupting the business or activities of another person; or
(iv) by using the domain name, you have intentionally attempted to attract, for commercial gain, Internet users to a web site or other online location, by creating a likelihood of confusion with the complainant's name or mark as to the source, sponsorship, affiliation, or endorsement of that web site or location or of a product or service on that web site or location.

Legally you cant register a .com.au unless it is exactly or closely represents your registered business name.

SCHEDULE C

ELIGIBILITY AND ALLOCATION RULES FOR COM.AU

The com.au 2LD is for commercial purposes.

The following rules are to be read in conjunction with the Eligibility and Allocation Rules for All Open 2LDs, contained in Schedule A of this document.

1. To be eligible for a domain name in the com.au 2LD, registrants must be:
a) an Australian registered company; or
b) trading under a registered business name in any Australian State or Territory; or
c) an Australian partnership or sole trader; or
d) a foreign company licensed to trade in Australia; or
e) an owner of an Australian Registered Trade Mark; or
f) an applicant for an Australian Registered Trade Mark; or
g) an association incorporated in any Australian State or Territory; or
h) an Australian commercial statutory body.

2. Domain names in the com.au 2LD must be:
a) an exact match, abbreviation or acronym of the registrant’s name or trademark; or
b) otherwise closely and substantially connected to the registrant.

All this information is available on the auDA site http://www.auda.org.au/

[sensory fx]

It should also be noted that when you pay for a domain, you are not actually purchasing that domain but rather, paying a 'rental fee' if you like, for the right to use it.

Aside from the legalities of .com.au domains, I have also seen .com domains withdrawn for improper use. A few years back, a fan site for a popular recording artist's .com was cancelled through legal action.