Why the frack would anyone pay $32k for a domain.

[TyrantDesigner]

Man! I went to register some domains since I let a few expire ... just out of curiousity, I inquired on 5 domains that are dead ... just still registered. The cheapest one someone wanted to sell was $12k ... the most expensive was $32k. ALL of them local domains (AmarilloWhatever.com or the equivalent) ... All of them with a google rank of 0, no backlinks, no web presence, nothing other than being registered a long time ago. One of them hasn't had anything on it other than an ad for nail polish on it since 2001 so it's seo is destroyed to start (and that was the $32k one).


Yeah. Pass on that. There are 6 others that are just as good that I can do standard registration on.




I mean is that the standard for domains? Eff that.

 

[DravidDavid]

People pay a lot of money for a domain with a long history as (from what I understand) it's easier to rank a domain that's been around for a long time.

Google changes the rules all the time though, so it's not worth the hassle.

 

[HDvinyl]

You can't get a high price unless you ask. I'm sure many of those domains sell for much less after an offer is received.

 

[rjssigns]

Ask the guy that sold WallStreet.com...



Wallstreet.com was originally owned by an online casino who bought the domain name in 1999 for $1 million dollars. The company then dumped the domain in 2003 for an estimated $2.3 million dollars to a "European entrepreneur and two other investors".

 

[royster13]

http://en.wikipedia.org/wiki/List_of_most_expensive_domain_names

 

[Kottwitz-Graphics]

I mean is that the standard for domains? Eff that.

I can't imagine paying that...but it's paid for by people with a lot more money than sense....

I bought my domain from a retired sign maker in another state, and I feel like I got a steal at $150.

 

[TyrantDesigner]

Well, we aren't talking about a name like wallstreet.com which has a multi regional impact on the name or something nice and simple like hotels.com


We are talking about a domain that in a city of 100k people will have a direct link impact at the most.

I've negotiated domains for $400-500 before which was well worth it because of the age of the domains ... but when I can buy an entire building on a main road and use it as a static sign with just a gigantic web address on it for $20k in this area ... AND still be able to use it for anything else I want ... doesn't make sense that a domain is in 5 figures if I only espect at most one in a hundred people in this area may visit it for 5 seconds when they are bored.

 

[avidsram]

most of those people will take 1/10 the asking price. Google keeps devaluing long tail domains.