Hi guys and girls, I'm new here.
Been buying names since 1999.
(wanted to start in 1995 but didn't know how to. Would have been a very rich man if I had of started then.)
- Only sold 2 .com's for $6,000USD each.
- Offered $30k USD for another one in 2006, but I've kept it, as it is a developing market that has huge potential in the future. Very confident it will be worth substantially more in the years to come.
Had many offers, but I tend to hold on unless I get what I think is a great price.
Maybe I should learn to let go sometimes.
Have a deal developing now.
Got a call from a guy who wants to lease then buy a .com of mine. Small lease fee for a year then $xxx,xxx offer to purchase at end of lease period. He has just received a US patent for a new phone technology that fits perfectly with my domain. I have the domain trademarked here in Australia (eg: "mydomain.com"), so the deal will include the ™ as well.
I have a question.......does anyone know of a good IP lawyer that may be able to draft a contract for me? Thanks.
****Biggest tip I have is, find about your buyer if you can.****
For example, the guy I mentioned above rang me out of the blue from New York, while I was at work (I'm not a full time domainer) and asked me what I wanted for the domain. I asked him who he was and who he represented. He basically told me he was Jo Nobody, just an individual. Well my reply was shoot me an email and I will think about it.
Now the REAL reason I asked him to email me was to get as much of his personal info I could. And sure enough after receiving the email I Googled his name and email address. And within 1hr of net hunting I found out he was a venture capitalist with a large firm in NYC and he just got the patent I mentioned above. Very valuable info when you know what or who your dealing with.
When I replied to his email I "nicely" let him know that I did some net hunting and that I knew about his patent and his pedigree.
That's when the 6 figure offer came back........
So always try to find out who your dealing with and how deep their pockets may be.
PS: If I email anyone regarding a domain I ALWAYS use a hotmail email and not my own domain. It's easier to hide who you are. Not sneaky, just smart, I think.
Thanks,
DR J <----- EG: This is just a random user name..........