"Frank" observations!

[neddy]

I was just reading Frank Schilling's latest Seven Mile blog post, and a few things jumped out at me.

Bear in mind his references to selling domains are mostly in relation to SEDO and other bulk listing services.

• Once you have a buyer on the line, you can sell any commodity at a low-dollar clearing price or you can hold out for the boutique value of your name.
  
  
• Anybody can create a machine for burning your furniture.
  
  
• If you’re in the diamond business and you are sitting on a pile of shiny rocks, you can either flood the market all at once at any price or you can fold your arms and let the buyers come to your price.
  
  
• I don’t think wholesaling quality names is a road to prosperity. If you’re going to do $500 deals you’re better off applying for a new TLD and selling names at registration price.
  
  
• Give away your best inventory and many of you will live to exhaust your money (and names).

I know I've sold a few names that I've had "seller's remorse" on.
.

 

[snoopy]

The quality of his names is far higher than the average SEDO name, and unlike the average Sedo seller he has a business model that works, high quality names that sell consistently (though likely at a low rate) + parking revenue.

If those Sedo names were priced at $15k they'd get hardly any sales.

 

[Data Glasses]

you will notice i made a comment (which was replied to) always interesting to read his views

 

[chris]

Interesting article.

Good sellers need to understand the power of “no”.

Good advice if you're dealing with high quality names and you can afford to do so.

Cheers,
Chris