I’ve been in hibernation for the past few months and my focus has been far from the short domain marketplace hence the lack of posts here at Quad Letter Domains. Just a quick post to say that I am still alive and well, just concentrating on some other projects that I have been trying to get finished for some time now but there just doesn’t seem to be enough hours in the day.
As many of you know I very rarely sell any of my LLLL.com’s but I need some funds to support another project so here it is, an excellent triple repeating LLLL.com for sale!
Has the domain niche that everyone thought was untouchable finally hit its peak? Over the past few weeks we have started to see a steady decline in the bottom end prices of LLL.com domains. 3Character.com still reports that the LLL.com market is increasing stating that the current observed minimum wholesale value is up $50 this month to $7650.
It has certainly been a rough ride for quad letter domain investors throughout June this year but it has been an interesting month nonetheless. This is the second ‘month in review’ article I have written and it won’t be the last so just in case you missed some important articles here are ‘the best bits’.
I was sifting through some of my drafts and almost deleted this article which I’ve been meaning to complete for a while now. I decided some of the points to be made back in April are still relevant now. After I wrote ‘Still ‘biting’ for bargains!‘ I thought it would be good to look at the market from a different view point. The question that springs to my mind when so many people are finding so many bargains at so many market venues is, ‘why are there so many?’
Last week I wrote an article about an auction that had been started for 4200 LLLL.com domains. The auction ended today at $62,300. A fair chunk of change but alas the reserve was not met. I would hazard a guess that the reserve was somewhere around the $100,000 mark so I think the final bid was quite a way off.
The mid June Namepros Live Auction took place last night where plenty of names were up for grabs and some impressive sales were completed. There didn’t seem to be as many bulk four letter domain auctions this time round but there was still plenty of interest in domains of the short variety and many sold for a lot more than what is considered their minimum wholesale value.
An auction for sixteen triple repeating LLLL.com domains ended at $10,000 on BQB today. The owner of the domains, Reece Berg, founder of BQB, has been building a portfolio of ‘rare’ triple repeating domains for the past four or five months but in recent weeks has seen few transactions when he listed them for sale in the Namepros fixed price marketplace.
An auction for 4200 four letter domains was started today on Ebay. That works out at 0.92% of the entire LLLL.com market and is certaily a substantial amount of domains. Although a little out of date the current understood minimum wholesale value of a single four letter .com is $33. This puts the minimum wholesale value of this auction at $138,600! However a vast number of domains on offer are triple premiums which would push this valuation up to well over $200,000.