1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Why are domains so overpriced?

Discussion in 'Domain Names & Parking' started by replaced, Sep 16, 2013.

  1. replaced

    replaced Newbie

    Joined:
    Jun 1, 2012
    Messages:
    14
    Likes Received:
    4
    I needed a domain name and looked at Sedo. Seems like people are completely out of touch with pricing domain names. Here's a few examples.

    [TR="class: general_row odd over"] [/TR]
    [TR="class: general_row odd"] [/TR]
    z2agifts.com 10,000 USD makethemagift.com 10,000 USD com-1000-giftcard-survey.info 9,999 EUR creditcardwarehouseonline.com 98,000 USD Almost every single domain for sale is either really bad or very overpriced.
     
  2. saber210

    saber210 Supreme Member

    Joined:
    Sep 1, 2011
    Messages:
    1,358
    Likes Received:
    500
    Location:
    -
    Some of the domains on sedo are brandable and exact match domain.

    IMHO, I would avoid it unless you really need the domain or if you can have a huge ROI on that domain.
     
  3. Freeopkiller

    Freeopkiller Junior Member

    Joined:
    Dec 30, 2009
    Messages:
    117
    Likes Received:
    47
    Location:
    Montana
    I agree people are nuts. If you want to win the lottery go buy a ticket.. There are some good, but expensive domains out there. Supply in demand, theres only one. I browse domain auctions a lot, I think most sales are just fake. No way someone pay five figures for a 2567dfetgf domain, seriously.. I've picked up a few good ones using dropped domain tools. Name generators work sometimes, not for an exact domain, however it generally sparks some alternatives you might not have thought of..
     
  4. HelloInsomnia

    HelloInsomnia Jr. Executive VIP Jr. VIP Premium Member

    Joined:
    Mar 1, 2009
    Messages:
    1,814
    Likes Received:
    2,910
    Don't look at Sedo...

    Just hand register a domain name.

    I use this site sometimes to help me find names, just put the names into groups by finding large word lists.

    http://www.bustaname.com/

    Or you can go here and find recently expired names, I have found some amazing domains doing this and hand registered them.

    http://www.expireddomains.net/

    Finally, this site is decent at helping as well.

    http://www.leandomainsearch.com/

    Surely you will be able to find a good name using these methods.
     
    • Thanks Thanks x 2
  5. WhitePassion

    WhitePassion Elite Member

    Joined:
    Feb 6, 2012
    Messages:
    1,874
    Likes Received:
    1,652
    Occupation:
    Marketing Wizard
    Location:
    Location Independent
    Domain brokers are always insanely overpriced, it's ridiculous :l

    I thought you were a newbie ranting about domains being a MASSIVE $9.99 year.. Was raging already :D
     
  6. 7thAmigo

    7thAmigo Jr. VIP Jr. VIP

    Joined:
    Dec 4, 2011
    Messages:
    959
    Likes Received:
    63
    Location:
    Area 51
    Well, those sellers list tons of domains at ridiculous prices hoping that they will hit jackpot with one sale.

    I would advise buyers to use a site like http://www.namestall.com/ to search for available domains containing your keywords or brand names instead of buying overpriced domains at auctions.
     
  7. W9go

    W9go Jr. VIP Jr. VIP Premium Member

    Joined:
    May 16, 2011
    Messages:
    3,361
    Likes Received:
    630
    Gender:
    Male
    Occupation:
    chasing girls
    Location:
    chasing girls
    they buy 1000ends of domains and they have to make a jackpot from time to time to cover the costs.
     
  8. proson

    proson Registered Member

    Joined:
    Apr 9, 2013
    Messages:
    99
    Likes Received:
    4
    Overpriced or not is an opinion. Some domains are more expensive because they seller think they have some kind of value but to me unless it is a one to two word brand-able domains, I will not spend money to buy them
     
  9. SEORasta

    SEORasta Senior Member

    Joined:
    Sep 22, 2010
    Messages:
    1,001
    Likes Received:
    230
    Occupation:
    What Ever Makes Money..LEGALLY
    Location:
    Right Here!
    As a domain seller most of the time they do it for shits and giggles. Meaning they know it wont sell BUT what it does to is bring some eyeballs to that domain and then they may check out what other domains they have that are priced correctly. Think of it as another way of marketing. There have been some "scratch your head sales" so sometimes as well newbies will outprice themselves right out of a sale.
     
  10. technetium

    technetium Registered Member

    Joined:
    Jul 16, 2012
    Messages:
    72
    Likes Received:
    36
    Yeah, those sellers are nuts! I guess they must sell one once in a while though, or why would they keep spending the time?

    I usually do fine with expired names. Have found some gems on domaintools.

    I suppose if I got hired by a company named com1000giftcardsurvey and they needed the domain to expand their brick and mortar presence that would be a different story hahaha!
     
  11. watley

    watley Power Member

    Joined:
    Oct 17, 2012
    Messages:
    524
    Likes Received:
    237
    Location:
    San Francisco
    Domainers work by selling domains at large multiples of their actual value, since it's so rare that they actually sell a domain name to an enduser. Also, they're expecting to haggle, so they start high. In general, stick to auctions when if you want to buy a preowned domain name.
     
  12. MichelinaBraatz

    MichelinaBraatz Registered Member

    Joined:
    Sep 16, 2013
    Messages:
    55
    Likes Received:
    2
    On Flippa, you can also get over price if you are a seller of domain name but you have to write long description and you have to use feature listing.