TBR Musings - February 17, 2021 (2.Viewing)

  • Topic Starter Eby
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DomainRecap said:
I got steamrolled on Ergo and lost all my other far-less-important auctions, coming away with zero - lots of money flying around on auctions today...
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I liked ergo too, thought it would make a great brand for a company.
 
Similar to capital moving between the world's financial markets and ending up in whatever country investors think will offer the best return, money is definitely flowing into TBRs at the moment. As soon as the pandemic started, auction prices for 2 word .com's skyrocketed, then 1 word .net .org .co and pronounceable 5L .com, then more recently 4L .com and 3L .net .org .co went way up. At this point the only .com auction prices that haven't gone through the roof are 5N and 6N and I'm sure they will soon. This is why people like me have turned our attention to .ca!

People now view domains as appreciating digital assets. Their value is not just based on the chance an end user comes along willing to pay big money, it's also based on the fact many people believe these assets will be worth more next year and the year after. If you can buy a domain, have a chance of selling it for 10x your money to an end user, but if not sell it to another "domainer" in a few years for 2x it makes sense to buy. Is this a bubble? Very possibly. One thing is for sure tho... all the domains you currently own are worth more now than they were last year, but it will become harder and harder to add quality names to your portfolio at a reasonable price. Just wait until WallStreetBets / Tai Lopez / Warrior Forum etc start to talk about domains as a lucrative sidehustle or even a way to get rich quick.
 
clarkemarketing said:
Similar to capital moving between the world's financial markets and ending up in whatever country investors think will offer the best return, money is definitely flowing into TBRs at the moment. As soon as the pandemic started, auction prices for 2 word .com's skyrocketed, then 1 word .net .org .co and pronounceable 5L .com, then more recently 4L .com and 3L .net .org .co went way up. At this point the only .com auction prices that haven't gone through the roof are 5N and 6N and I'm sure they will soon. This is why people like me have turned our attention to .ca!

People now view domains as appreciating digital assets. Their value is not just based on the chance an end user comes along willing to pay big money, it's also based on the fact many people believe these assets will be worth more next year and the year after. If you can buy a domain, have a chance of selling it for 10x your money to an end user, but if not sell it to another "domainer" in a few years for 2x it makes sense to buy. Is this a bubble? Very possibly. One thing is for sure tho... all the domains you currently own are worth more now than they were last year, but it will become harder and harder to add quality names to your portfolio at a reasonable price. Just wait until WallStreetBets / Tai Lopez / Warrior Forum etc start to talk about domains as a lucrative sidehustle or even a way to get rich quick.
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Well said
 
There were some nice one word domains in the auction today. But a few got really hot. I was wanting one, which slipped off.

HCG was a great domain. But I wasn’t hunting for it. Same with Ergo.

Managed to get some decent ones for very fair prices. I am more like aactive. If you don’t practice discipline, it could come back to haunt.

Wonder why the singular and plural for “supporter” domains were so sought after. Wish to be educated on that.
 
MapleDots said:
Kinda tells me there are some new guys buying up inventory
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Yes, and its largely your fault for doing this dn.ca thing and pulling a lot of old domainers back into the fold and others encouraging new members to join. You could say we're all kinda shooting ourselves in the foot here. People will argue rising prices helps, but unfortunately, raising only the wholesale prices doesn't help me too much... lol...
 
domains said:
It's funny to think there are still newbies coming in to the domain market.
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Not just into the domain market but in every market. I thing it’s because of that famous saying “ every minute a ......... is born”. Lol
 
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MapleDots said:
Well in the end those of us with inventory have everything to gain if the value of .ca domains goes up.

Ride the wave brother.... ride the wave!!
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The wholesale wave is too small to ride.... We're all waiting for the retail set to roll in.
 
rlm said:
The wholesale wave is too small to ride.... We're all waiting for the retail set to roll in.
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I agree, almost all of us make our money selling retail. Other than the ability to quickly liquidate an entire portfolio in an emergency, there is limited upside to increased wholesale prices. I believe retail sales and prices are increasing substantially as well tho! Canadians & Americans are sitting on record home equity, made a killing in the stock market last year, and the pandemic sped up digital transformation by a decade. Everyone I know is raising their prices / expectations too, so if an entrepreneur wants a premium domain there are few deals, period. Even with businesses holding off on major investments the retail market has held up, and eventually big business is going to jump back in. GoDaddy is also launching BIN landers this year, and is exploring lease to own / financing options all of which are very bullish imo.
 
It’s amazing how us fellow domainers talk about other domainers and the cost we pay for domains. Not everyone has the same strategy. Not everyone sells for the same price. Not everyone experiences the same luck/timing others do. So, just because domainer A can’t sell a domain doesn’t mean domainer B also is in the same boat.

In regards to TBR prices they are no different now than in the past. I’ve said this before but TBR prices were much crazier years ago. They’re actually pretty consistent and just because some names fetch more than others doesn’t mean there’s a bunch of newbies buying domains.

I would rather buy one domain a week for $2,000 then buy 10 names a week for $20/each. At the end of the day we pay the same renewal costs our acquisition costs may be different but the chances of selling a domain that cost you $2,000 is probably more likely than a $20 domain. This concept is quite basic and if you’ve been domaining for a while or own .com domains you would know that investment pays off long term.

So, let’s not knock each other for prices paid in TBR. Everyone sees value through their own eyes and believe it or not someone may know something you don’t.
 
theinvestor said:
It’s amazing how us fellow domainers talk about other domainers and the cost we pay for domains.
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People are allowed to spend their money any way they see fit, and you can toss $100K out on the 401 if you want, but by the same token it's a free country and others can openly comment about how others spend their money, and whether the perception is good or bad.

Someone can go buy a valuable painting by one of the masters, then burn it, and although I will recognize their rights and ownership, I'll still call that person a few choice words.

P.S. We're far from the only ones commenting on the recent spike in expired domain prices (in relation to current average selling prices and sell-through rates), and I see it daily on Twitter from some of the more notable domain investors and brokers.
 
rlm said:
The wholesale wave is too small to ride.... We're all waiting for the retail set to roll in.
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Agreed, and I think a lot of this "wholesale wave" is in anticipation of a forthcoming wave of expensive end-user sales, which may or may not hit as quickly as some believe it will.

I am seeing a notable increase in demand, but buyers are still as cheap as dirt and looking for "pandemic deals".
 
theinvestor said:
Feel free to comment or gossip. I can spend my money as I please though
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Feel free to spend as wildly as you see fit. We will comment and gossip as we please though. :D
 
I have to admit, I have so many domains that I mainly participate to learn and master the skills of tbr.

I am in no panic to bid anything up and am happy when I get the odd bargain.
 
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