brax.com sold for $80,000 at sedo

[wmloz]

There is just no concrete way to put a value on domains. A lot of you guys refer to "reseller prices". That's just bs to me. At the end of the day the goal is to sell domains for as much as possible, regardless of some foolish analytics, formulas, fmv guesses, ppc multipliers and other metrics. We just bought a name for $200K that most guys would say wouldn't be worth $10k, but we bought it because we saw the value it added to our business. So really, ANY name in "reseller" world is worth SQUAT by "reseller" mentality. It looks like a reseller takes a name for $100. Sells it to another reseller for $110. He turns and sells it for $125, and so forth ALL THE WHILE KNOWING THAT SOMEBODY SOMEWHERE WILL PAY THE BIG BUCKS FOR IT. I say find that big buyer and quit pissing with these nickel and dime trades.

[DomainsInc]

Originally Posted by Acro

Step outside the domainer mindset. Open your eyes.

Stepping outside the domainer mindset can either mean they are willing to pay what it takes or 100 bucks.

[Domain Jedi]

EstiBot.com gives this domain the following appraisal:

$5,900 USD

EstiBot is the end all. Enough said. Who are we talking about again?

[chillking]

What we mean as reseller is we might only pay a small amount not 80k, for example if we see a name in a drop auction like brax.com we will not pay 80k but we might pay x,xxx . Every domainer is diffrent . Some one might pay xx,xxx but its unlikely .

[jackio]

Not a surprise in my opinion, I really aspect even more...

[Onward]

If it is the perfect name for my business...80k is a nice price for me....end of story....and I am talking from experience.

[Domainator]

Let's put it another way, a domain is only worth what someone else will pay for it. In the simplest terms, this gentleman found a buyer for $80k, therefore whilst it was only worth 1.5k to one, another found value in it at $80k. He did a good job of making the end user realize it's full potential, regardless of the wipo factor.

Gongrats to the seller!

[Carter]

Originally Posted by wmloz

There is just no concrete way to put a value on domains. A lot of you guys refer to "reseller prices". That's just bs to me. At the end of the day the goal is to sell domains for as much as possible, regardless of some foolish analytics, formulas, fmv guesses, ppc multipliers and other metrics. We just bought a name for $200K that most guys would say wouldn't be worth $10k, but we bought it because we saw the value it added to our business. So really, ANY name in "reseller" world is worth SQUAT by "reseller" mentality. It looks like a reseller takes a name for $100. Sells it to another reseller for $110. He turns and sells it for $125, and so forth ALL THE WHILE KNOWING THAT SOMEBODY SOMEWHERE WILL PAY THE BIG BUCKS FOR IT. I say find that big buyer and quit pissing with these nickel and dime trades.

Amen!
Post of the month.

[dominator]

Originally Posted by chillking

The domain is only worth $1500...

maybe to you

Originally Posted by Acro

a domain that you evaluate post-sale as worthless, has sold for $80 grand.

there is no better "appraisal" than a sale

Originally Posted by chillking

you can get much better pronounceable LLLL.com for under 5k the domain brax.com is actually quite crap what other LLLL.com endig with a x have you seen that has sold for good money non

the number of L's is not relevant here

do you think it is cheaper to rename the company and to buy a "pronounceable LLLL.com" under 5k ?

[Wzhxvy]

I actually think that 80K is far too low for the domain, especially after a WIPO, and asking for $1M initially from the buyer. I have to think there must have been a side deal to cover other expenses. Someone tries to WIPO a domain from me, the price automatically triples.

[pcproffenno]

Because of its legitimate interest, the disputed domain name is the Respondent’s asset, and negotiations to sell it are not demonstrative of bad faith.

[chillking]

The domain was sold for 80k because of brax.de and yes maybe brax.de could of paid a lot more end of story im happy for the seller .

[dominator]

Originally Posted by chillking

The domain was sold for 80k because of brax.de...

finally you discovered it!

everything is because of something

and it was the best reason to buy a domain name that i can imagine

Originally Posted by chillking

you can get much better pronounceable LLLL.com for under 5k the domain brax.com is actually quite crap what other LLLL.com endig with a x have you seen that has sold for good money

ms acquired the domain xbox.com because they needed it

not because it is something you would call LLLL.com ending with an X

i just have to repeat what wmloz said:

Originally Posted by wmloz

There is just no concrete way to put a value on domains. A lot of you guys refer to "reseller prices". That's just bs to me. At the end of the day the goal is to sell domains for as much as possible, regardless of some foolish analytics, formulas, fmv guesses, ppc multipliers and other metrics.

[chillking]

Dominator im sure every one on the forum thought a company paid 80k for it and not another reseller . All's my point was is it was a good sale as i have said like loads of times .

[dominator]

Originally Posted by chillking

Dominator im sure every one on the forum thought a company paid 80k for it and not another reseller

you can read the whole thread again

[chillking]

Yes read it and you will see most people said good sale . If you think 80k is a bad sale then thats your opinion.
And yes i stick to my words what i would of paid for it , all domainers are diffrent their would be no way i would of paid xx,xxx for it .
The seller got lucky because it sold to brax.de for a good price.
And if your saying you would of paid over xx,xxx for it and as you know its a tm then thats your opinion.
I'm not going to waste any more time on this thread arguing over a good sale lol i have work to do .But i will say congrats to the seller nice sale.
And dominator if you think i have lernt somthing new from this thread by you saying (finally you discovered it!) then your wrong lol.
post what ever you want lol and argue with your self lol good luck you might win ha ha this is my last post im not waste any more time .

[TheLegendaryJP]

Originally Posted by Acro

Never buy in order to flip for small chunks.

I agree, making 6 figures a year is terrible, never do this, stick to one or two sales every year for $10k profit lol

[gingeman]

I would be surprised if they didn't pay more than $80k and this was all that went 'on paper'...

[trader]

The trademark claim was not won: http://www.wipo.int/amc/en/domains/d...2008-1057.html

Funny thing is a name like that would be lucky to sell for $800 here vs $80k.

[fuelcells]

Originally Posted by wmloz

http://www.wipo.int/amc/en/domains/d...2008-1057.html

it was wipo'd by them and LOST!

Thx... that answers my question on how they knew who they were dealing with to ask such an outrageous price.
Reminds me to really do my homework before assigning a given price to a potential buyer.