Yeah been so long since I bought a domain at expiry, forgot about the renewal on top.
I will be dropping loads of . Nets I acquired from a portfolio, this was just an experiment, I don't expect other . Nets to perform better unless they are one word.
That appraisal has to have misled many people, especially new investors.
It has been fixed a bit though. It used to be like $1000+ for every random two word term you came up with.
Many now say "Less than $100" or a number in the low 100's.
Some domainers, notably Braden P, have done well buying and selling .net domains, but as a Buyer Broker, I rarely ever get a buyer client wanting to buy a .net domain. My end-user clients are far more interested in .com, .org, .co, .io, .ai, classic ccTLDs including .ca, etc. than they are in .net. Go figure.
Oddly enough, my biggest personal sale of a domain (i.e., a domain I owned) was a one-word .net I purchased for $8k and sold for $40k a few years later ... this was over 10 years ago, before all the new TLDs emerged, and I still consider that sale to be very, very lucky. Despite that sale and great ROI, I have stayed away from .net domains for re-sale; I consider them far too risky for investing in. I currently focus on .com, with a smattering of .ca, .ai, and .me (verbs).