A few weeks ago I noticed that the number of LLLL.com sale threads being created at Namepros was on the decline. This may have been due to all the hype about the four letter .com buyout and how it is best to hold onto your names and wait for the market price increase. Today that day seems either to have been a glitch on the horizon or a momentery trend as there is a lot more LLLL.com’s for sale in the Namepros marketplace. Its quite possible that a lot of domain flips are taking place because some domainers see this as a good oppurtunity to make a healthy return on previous LLLL.com investments while the reseller price is substantially higher than it has been. Of course, without looking at and analysing the sales on a monthly / yearly basis it is very hard come to a definate conclusion, although personally, I will be keeping a keen eye on this, as always, in an effort to make sure I don’t come up short if the LLLL.com buyout doesn’t hold.
One Response to “Selling up?”
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December 7th, 2007 at 3:24 pm
I like to think that this is due to the “quick profit” brigade who just want in and out for a swift 50% or so profit.
A couple of weeks ago I sold a fully premium LLLL.com for a 130% profit but I now wish I hadn’t.
Sure, Christmas is coming and people are feeling the pinch but I can’t see a downside in keeping hold of all LLLL.com for a couple of years and then assessing the market.
They aren’t making any more, that’s for sure! And we haven’t even scratched the surface yet demand-wise. The “herd” has no idea about domains and domain pricing. It’s very early days for the LLLL.com