Domainer Commandment no. 4:
Thou shall not list thy LLL.coms at Great Domains auctions.
Three things:
1. No commodity follows a linear pricing pattern. If LLL.coms are growing at 30% p.a. currently, they might grow 40% next year, 4% the next.
2. In my opinion, domains are highly over priced. Quality LL.coms listed for sale at most auctions last year failed to be sold. Same goes for most other quality generics. Even though I agree that such auctions are full of resellers and very few end users, it does give an indication as to the value of domains.
3. Domain prices vary across buyers. This gives most owners a false impression of the value of their own domains. UNet.com sells for a 100k, and half the domain world starts believing that u+word domains are the real thing.
Same thing happened with Seniors.com. A fluke sale made owners of other not-so-amazing generic .coms increase their prices by 100%. Go to Kill.com. This guy's been trying to get 100k+ for his domain for the past several years
Even appraisals industry wide are grossly inflated. This gives domain owners more overinflated ideas about their domain values.






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