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First domain purchase - opinions welcomed

Blue Wren

Top Contributor
I feel like I am phoning a lot of members... I already have had 4 invitations to call and have spoken to 1 so far... I will check PMS now

Yes; when you wave 21K around you should expect sellers to stampede your door, (or phone in this case). ;)
 

snoopy

Top Contributor
I know the member you are referring too, I reccomend you do business with him as he is a honest seller, but in my eyes I would ask him to sell you say 1 x name for around $800 range rather then buying 4 names for $600, I think you can make better ROI off 1 good name rather than 4 average names..

The seller may be honest but the names are utterly worthless.
 

DavidL

Top Contributor
Basic rule - if you buy to develop, the name on it's own really needs to be worth at least $1K depending on how you value your time unless:

1) It's a name that suits a project which is going to go ahead anyway or;
2) It's part of a niche you already are invested in rather than a standalone project
2) You have a mass low-cost development model that actually works!

All too easy to overcapitalise.
 

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