So How Is Your January Going? (2.Viewing)

Mine is fairly quiet so far. I have had a few inquiries but nothing major. Maybe the whole tariff stuff that’s going on could have something to do with it.
 
What a terrible month for .CA - lots of offers but most run when you quote even a slightly-higher price.

Not sure what's going on, and whether all the sound and fury from Trump is making Canadian biz wary of spending money on domains. or everyone has suddenly gone cheap. Either way, I don't see the current landscape as a good one for .CA domain sales, especially with the slow-ass Afternic brokers taking months to complete a negotiation... then telling me the buyers have disappeared. :mad:

It's like the 3 Stooges and the Keystone Kops got together and had kids... and they all went to work for Afternic.

I'm not sure how much longer I can wait for their mythical Self-Brokerage system to be released. Maybe a week or two, and then I decide on either Atom or DomainEasy.
 
Even when the economy is good, I find a lot of inquirers are cheap and unrealistic in price (eg: $50 and $100 offers).

Then don't allow hobos and cheapskates to pull this crap and set an appropriate min bid.

My minimum bid is $1000 and it only moves up from there.
 
Minimum bid means nothing on some platforms

They just enter the $1000 minimum bid and in the comments write $150

Come to think of it I bought a domain like that once, the minimum bid was 10k and I put in the comments 5k.
Two weeks later I was contacted and I won the domain :unsure:
 
Minimum bid means nothing on some platforms

They just enter the $1000 minimum bid and in the comments write $150

Then you delete it and move on.

I'm taking a real hardline on these hobos and don't even give them the time of day.
 
I have sold quite a few but mostly piddly little transactions under 1k

One .ca at 18k last week though and surprise surprise it was a maple.ca domain.

I don't usually disclose maple sales because of copy cats but I have not purchased any more maples in a number of years as I have transitioned to pure premium one words. That said maples have been extraordinarily good to me and if you see a site running on a mapleword.ca or wordmaple.ca then chances are I sold the domain.

Special thanks to Ross Rader from Hover (was called DomainDirect) back in the day that wrote the script for me when I registered all available maples in .ca and .com
 
You all know I regularly comment about how incredibly cheap and totally out-of-touch with the domain market Canadian buyers are, but I had an "interaction" yesterday that clearly illustrates this long-standing disconnect:

A (cough) "potential buyer" made a $1K offer on a Latin 1-word .CA of mine, and in trying to initiate a quick sale to salvage the cold month of February, I quoted him a very reasonable price in the $3K-$4K range, to which he replied (and I am shortening it to present the core message):

Come on, do you think you're selling "nike.com"? I wish you good luck on my behalf.

While obviously being a jerk looking to lowball, he also clearly thinks that a Greek God/Goddess .COM like Nike.com would cost under $4K to buy today on the open market, otherwise he wouldn't have said it - as it makes him look like a clueless idiot.

Even without the shoe company propping up the price, the brand itself would be a low 7-figure domain, especially as it's also an LLLL. Acknowledging the shoe company exists cranks the price even higher, as Nike bought Jordan.com for millions. Sub-$4K price indeed.
 
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That seems to be the way 90%+ of domain inquirers think from my experience.

If 90% of Canadian business owners feel that a domain similar to Nike.com would sell for $3000-$4000, then we have a very serious problem in this country. I realize our adult illiteracy rate in Canada is at 3rd-world levels, but come on.

In the USA and Europe it's a lot different, and Canada seems to be way behind the times, just as Quebec is way, way, way behind the rest of Canada.
 
If February gets any worse, this will be me:

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some see the value and some need to be educated. When i tell people i sell names for $x,xxx they are floored!!! then i explain they are one-of-kind so its reasonable they can sell for that

your only competition is their budget or a better alternative name.
 
some see the value and some need to be educated. When i tell people i sell names for $x,xxx they are floored!!! then i explain they are one-of-kind so its reasonable they can sell for that

your only competition is their budget or a better alternative name.

If a business can't afford at least $5K-$10K minimum for ANY domain that will become the home of their brand - then I'd argue you've got a hobby and not a real business. If a business understands the long term value but can't (or prefers not to) pay for their desired domain upfront, then they should at least be willing to make payments. And if they're not willing to do that, then they really don't understand the value of a domain. You're better off holding the domain for someone who does understand it.
 
some see the value and some need to be educated. When i tell people i sell names for $x,xxx they are floored!!! then i explain they are one-of-kind so its reasonable they can sell for that

The problem is that most of my domains are stuck on Afternic for the time being (I was going to switch to Atom this weekend but something came up) so you have zero interaction with buyers and the Afternic brokers are sooooo slow that they take 2-4 days just to contact the buyer for the first time.

Selling on Afternic is like watching paint dry, with the noted exception that paint will eventually dry.

On Dan I had no problem because I would converse with the buyer, but even since GD shut down Dan, it's been tough all over. Many domain investors on X/Twitter are having even a worse time of it than me, and dealing with Afternic is literally driving me bonkers.

Maybe next weekend...
 
I logged in to Afternic this week and saw a domain inquiry that I never got a notice for, and the broker had been following up on for days. Maybe it was a low quality lead but still nice to at least know you've had an inquiry! I'm leaning to moving almost everything out of Afternic to my own lander or DomainEasy right now, but in no hurry as it has been pretty quiet anyway.
 

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