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Regarding .com names...

Discussion in 'Newbies' started by Zachorazor, Mar 9, 2013.

  1. Zachorazor

    Zachorazor Membership: Community

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    A quick newbie question: does anyone in here also sell .com domains in addition to .com.au names, as I have found some pretty good .com names but am tentative about dealing with sites like Godaddy? The credibility of Netregistry.com has been more to my tastes so far, but I don't think Afternic, Sedo or Godaddy will allow me to transfer or point to thier sites from Netregistry (it always takes days of wading through their sites and others to find anything even remotely useful about transfer processes for Australian DN owners) and pretty much all of the registrars, that they deal with and recommend, have shocking reviews and shonky DN privacy proxy services. Unless some community members here, know otherwise... (All advice so far, from everyone has been 100% worth knowing.)

    Any thoughts or experiences that might be shared about the best way to sell .com DNs, at all? Should I stick to .com.au names and building my actual online businesses here, first, for a while or is international domain speculation an area that others here have found some success in navigating?

    This community is very giving and I will give back someday. And I believe that knowledge makes the best of gifts, too.

    Zach
     
  2. xwdomains

    xwdomains Membership: Community

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    many of us deal in .com and .net domains namepros or dnforum is the place to go if want to get educated on the .com market

    the .com market is very competitive but also very lucrative if you pick up the right domain names.
     
  3. Zachorazor

    Zachorazor Membership: Community

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    Thanks. I'll do some reading there. I'm keen to hear any experiences people have had in this area, too; be they positive or negative, so I can get a handle on some of the practical realities of .com trading. Any war stories to tell?

    Thanks,

    Zach
     
  4. findtim

    findtim Membership: VIP

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    auDA Member:
    Yes
    i haven't had anything to do with the .com buy/sell websites except for one, god knows i have trieddddddddd to find a safe place but all i see is BS domains and honestly i just see scam after scam after scam happening.

    the above statement has absolutely NO FACT to it, its just my impression but i feel that itself says a lot for the market, there is so much bad press.

    the .com.au i find EASY, all my buys and sells have been smooth/ personal/ quick. I just find an element of trust in au.

    i think you really need to use a good escrow service if dealing in .com's

    i do other deals across many countries in the world and i always use escrow services and i have never had a problem, before i knew about the escrow systems i made a purchase of a .com and it took 11 months before i got control of the domain !!!!!!!!!!!!!!!!!!

    i do want to get into .com but i will when i find the right place like a NF or Drop i trust

    tim
     
  5. Zachorazor

    Zachorazor Membership: Community

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    Thanks Tim.

    So it's not just me then, who finds the .com market sites something of a nightmare labyrinth and dubious in credibility?

    Thanks for the advice re: escrow, too.

    If anyone does know a fairly dependable pathway for selling .com DNs, it would be well received info, to say the least.

    I'm working my way through all the .com-related posts on this board, but haven't found a good way for us Aussies to deal in .com overseas, yet.

    Hopefully there's a way, though.

    Zach
     
  6. eBranding.com.au

    eBranding.com.au Membership: VIP

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    auDA Member:
    Yes
    78% of my portfolio is .com, 5% is .com.au.

    I'm the opposite to many other DNTrade members, my focus has been almost entirely .com to date and I've only recently started looking at .com.au.

    Most of my .com.au domains until now have been registered solely for brand protection / existing businesses.

    I've learnt a lot about the local Aussie market from members here. I've found out that's it very different from the .com / global market that I'm used to!
     
  7. eBranding.com.au

    eBranding.com.au Membership: VIP

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    Aside from having quality inventory, which ultimately determines how many sales you'll get, I've found Sedo to be really good.

    I've had quite a few sales through their platform over the years and they've been excellent in managing the sales process. They're particularly good for international transactions, covering a number of currencies and with agents that can speak a number of languages.

    I've also done a few private sales and haven't had any dramas yet.

    For smaller amounts I haven't bothered with escrow services. For larger amounts it's definitely worth it.
     
  8. Zachorazor

    Zachorazor Membership: Community

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    Thanks Demonoid.

    Do you know if I can keep my DNs registered, here, with netregistry and still utilise Sedo's marketplace services to sell my .com domains? I've emailed them and godaddy to find out but haven't heard back from either one.

    Demystifying the set up process for such services seems to be at least half the battle. Any further advice or experiences welcome. : )

    Zach
     
  9. eBranding.com.au

    eBranding.com.au Membership: VIP

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    auDA Member:
    Yes
    Your domains can be with any registrar, it doesn't matter when listing them for sale on Sedo (or any of the major marketplaces).

    When you add the domains to your Sedo account (your domains listed for sale), they will run a verification process to check that the whois details match your Sedo account details (name, address etc); and if they're unable to verify the domain they will ask for additional proof (screenshots etc). Usually this all goes smoothly (will validate automatically) as long as your whois details are correct and you aren't using whois privacy services.

    The same applies for parking the domains with Sedo (or other parking services) - the domains can be with any registrar, you simply change the DNS entries on the domain to point to their parking name servers (and you should have added the domain in your Sedo or other parking service account).
     
  10. Zachorazor

    Zachorazor Membership: Community

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    Thanks for that clear info, Demonoid.

    Will revist the Sedo research materials again.

    Will be in the game soon.

    Zach
     
  11. snoopy

    snoopy Membership: VIP

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    It is no different to any market, a transaction with someone close by is likely to be seen as safer than a transaction with someone in another country.

    There are pros and cons to everything, personally I don't think there is a lot of money in the .au market, it is a small market with significant red tape. I wouldn't say companies in the .au market are any more or less credible than those in the US.

    Regarding domain speculation generally, remember that the vast majority lose money and even the small minority who make money lose money initially, so keep in mind that whatever you do early on is probably going to be the cost of an education (or just a mistake).
     
  12. Drop.com.au

    Drop.com.au Membership: VIP

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    If you list your domains at Godaddy Auctions, Afternic and Sedo you have most of the market covered and you won't have to move registrations. All are credible operators.

    Andrew
     
  13. DnEbook

    DnEbook Membership: VIP

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    When selling .com the whole world is your market, i never use the multi list system at sedo because if someone really wants my .com they will find me regardless, just seems pointless to pay extra for the MLS
     
  14. eBranding.com.au

    eBranding.com.au Membership: VIP

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    auDA Member:
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    This is an excellent point from Snoopy.

    I personally wasted a lot of money initially and I'm still letting some of my multi-year registered mistakes expire.

    There were some expensive lessons that I could have arguably avoided. Listen, learn, then buy.

    It wasn't until last year that I made more than I spent. I've now recovered my 'learning costs' which is excellent. Along the way I've also acquired some very good domains, made some money and had fun.

    There is however, as Snoopy points out, a very good chance of losing lots of money.
     
  15. snoopy

    snoopy Membership: VIP

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    I'd say a very big chunk of people don't know about whois lookup or don't bother with it so I'd say you'd be reliant on them typing in the URL and seeing a for sale listing.

    Fairly certain you'd be losing sales not listing on Sedo or somewhere else that can get the price to come up when someone does an availability check.
     
  16. DnEbook

    DnEbook Membership: VIP

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    I am referring to the Multi Listing Service where they charge an extra 10% (from memory) to also list your names on other lessor sites
    ~
    I like the idea of just listing them on your own site and having a redirect to that page ......then escrow
     
  17. snoopy

    snoopy Membership: VIP

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    I think doing that will get most buyers but not all. Some people do an availability check, then if it is gone they look for something else. Having it with an MLS there will be an opportunity to sell it to those people. (ie buying it via their registrars site)
     
  18. Zachorazor

    Zachorazor Membership: Community

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    Good advice all round. The trick, I imagine, Demonoid, is figuring out what to listen to, in order to learn effectively before buying. I'm sure you all know that for every person who claims one site is reputable there's another who says, 'flee for your very life.'

    This is why in most of my questions I ask professionals , like you and your colleagues, to share experiences, if willing; so that I can, indeed, listen and learn from the realities rather than the marketed fantasies, It's all too easy to find on some large reseller sites.

    I appreciate all perspectives on this issue precisely because there seem to be so many.

    The perspective offered that trading in .com .au names is a pursuit of negligible worth, for example, was one I didn't anticipate appearing on this forum, but, now must consider in order to listen and learn, with an open, prudent but still speculative mind.


    Zach
     
  19. findtim

    findtim Membership: VIP

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    its like having your first child, EVERYONE tells you what to do, .............. just nod your head, say thankyou then go do what you want.

    a friend said to me yesterday " you know how you said ........ yadda yadda to me 6 years ago....., .........I finally got it "

    tim
     
  20. Zachorazor

    Zachorazor Membership: Community

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    Thanks Tim.

    Will do.

    So, does anyone disagree that godaddy, Sedo are a good option, considering their recent partnership that apparently has a lot of domainers receiving a tonne of lowball 60 dollar offers? I've heard this has become an issue for many.

    Zach