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Archive for June 27th, 2010

Condo Sales Picking Up. Will Domain Name Sales Follow?

June 27th, 2010

teamplanPockets of depressed real estate are beginning to pick up in some areas. Florida experienced an over-building of luxury condos in the last decade which created quite a surplus in the major Florida markets like Miami, Tampa, Orlando, and other famous hot spots.

However, as prices have steadily come down, condo buying has increased considerably as prudent buyers knew that the time was right to buy in. The Herald Tribune posted a recent article examining condo trends in the Sarasota, Florida area.

According to them, condo sales in the Sarasota area rose a massive 71% in May 2010 compared to one year ago in May of 2009. The piece reported that 384 condos sold in comparison to just 225 in May of 2009. Additionally, the median sale price increased 3% to almost $153,000.

I do not have a convenient method of checking publicly listed sales of real estate domain names. I recently sold a .biz real estate domain, and also just acquired one in the .info space.

Real Estate BullseyeReal estate domains are perfect web portals for both home buyers and sellers of various properties. I visit LuxuryRealEstate.com, MLS.biz, and Collett.biz as well as Homes.com and consider these excellent examples of workable domain names paired with well-designed web sites. Two premium domains I have been developing are Condos.biz and Estates.biz.

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Sell Domain Names Online

June 27th, 2010

portfolioThere are many venues for selling domain names. Sedo and AfternicDLS are two of the best known online brokerages.

In the early days of the domain game was a site called GreatDomains.com. That site became overwhelmed with low quality domain names, fell out of favor, and was eventually acquired by Sedo some years later for a marginal sum. They now use that site for primarily moving dotcom inventory.

As a domain investor and developer, it is useful to maintain one’s own independent website for organizing your domain name portfolio. Buyers of all kinds need a clean, well-organized platform for searching through hundreds (or thousands) of domain names for sale. b2bOrganization and clean presentation are important customer service keys.

The downside of a large brokerage like AfternicDLS, BuyDomains, or Sedo is the sheer volume of domain names that they carry. A very large percentage of their inventory are non-premium domain names.

If you offer a true premium domain name inventory, then you will want to separate your domain name collection from the mass of low quality domains available at the large online brokerages. I prefer to post domains for sale at both AfternicDLS and Sedo (which are generally excellent venues) while also maintaining a premium domain collection on a personal website. Below are several means of viewing the Menius Enterprises portfolio of premium domain names with PremiumDomains.US being the most comprehensive.

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