I'm backing out... (1.Viewing)

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Adampedia

Adampedia

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It doesn't worth the stress. My mental health is been affected.

Imagine having a premium domain and getting it sold becomes tougher than a rocket science?

I've let go off my .ca names and flushing out the last one with me - www.compass.ca
Check it out if interested!

May be the last time here mates, till we meet again.
Bye👋
 
Premiums are the toughest sell, focus on small nimble sales and hold the premiums for whenever they happen.
 
Selling .CA domains is a very rough business and I truly feel your pain.

I count myself as an intelligent and educated fella with the proven ability to make money in a lot of different areas, but I have never made less profit per the time spent than in .CA sales. I really think I buy and sell new .CA domains in 2024 simply for the challenge. Because if I can make it here, I can make it anywhere.

* The above is covering recent .CA acquisitions that one might expect to sell for at least mid 4-figures (i.e. at a 'domain math' profit) within a few years. That's tough sledding lately.
 
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P.S. Was Compass.ca one of those weird, random CIRA drops we were talking about on here?
 
So sorry to hear about the stress you have been facing Adampedia @Adampedia. You are not alone. Many domain investors, globally, even those with incredible one-word .com domains, have been experiencing a soft resale market the last 12-18 months. Business seems to be picking up a bit, but it's not exactly a seller's market at the moment.
 
MapleDots said:
May I inquire how someone from Nigeria is in possession of a Premium .ca?
Click to expand...

We had a situation in the past where a new member was trying to sell a premium .ca that did not belong to them. To assure everything was on the up and up I did a CIRA contact form for compass.ca and Adam promptly responded.

So it looks to me like Adam Adampedia @Adampedia is the owner of the domain.

My apologies but I thought the step was necessary to assure we were dealing with the person who had control of the domain.



Screenshot (44).png
 
MaiTaiMan said:
Business seems to be picking up a bit, but it's not exactly a seller's market at the moment.
Click to expand...

Understatement of 2024. :p

The demand for domains is still there, but due to some adverse economic and political conditions, Canadian companies don't seem willing to open up their wallets as wide as before. i.e. everyone is looking for deals/steals or they walk away.

Due to this I have slowed down a lot on my TBR buying and have raised the bar on what domains I go after. In this market you need to be choosy on quality while also being frugal on how much you spend.
 
MapleDots said:
We had a situation in the past where a new member was trying to sell a premium .ca that did not belong to them. To assure everything was on the up and up I did a CIRA contact form for compass.ca and Adam promptly responded.
Click to expand...

MapleDots @MapleDots was going to make an offer but thought the same thing

Adampedia @Adampedia do you have a price range in mind?
 
MapleDots said:
We had a situation in the past where a new member was trying to sell a premium .ca that did not belong to them.
Click to expand...

Yeah, that was a real cherry of a deal.

I took one look at the price and alarm bells went off, as that immediately looked like a "hook as many people in as short a period of time" scam.
 
Probably someone like RLM or Maple who have the time to wait for the right buyer.

That's a pretty sweet price compared to some recent TBR auctions and to be honest I didn't even inquire because I assumed it would cost a lot more.
 
not me, I lowballed him. It's a very nice name, but I have a ton of them already and i just didn't feel the need for any more at a significant cash layout. and the reality is, its typically a more reliable profit margin on multiple smaller domains than 1 large one. There is only so much room for re-investment, so you have to pick and choose wisely. And there have been VERY FEW .ca's go for 5-figs in TBR. And when there is, there are almost always extenuating circumstances.
 
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