Domain Flipping
I rarely buy domain names anymore, but recently I bought GameTheory.com for $6901 at a Sedo.com auction. I bought it because I thought it was cheap and would do well in Google if I built a mini-site on it (Game Theory is the mathematical study of the strategies used to win games, as featured in the movie A Beautiful Mind about John Nash). A few days after I bought it, Sedo contacted me and said they had a buyer who read about the sale and would pay me $10,000 for the domain ($9500 after the Sedo commission), so I sold it. I did not buy it with the intent to flip it, but it was too hard to turn down a quick profit like that.
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Comments (5 comments)
Wow great sale there. How many domains do you have unused right now?
Dan / August 14th, 2009, 6:12 pm
I have around 9000 parked domains. I also sell 3-4 domains a month.
admin / August 14th, 2009, 7:31 pm
It can happen once in a while. You are so lucky with GameTheory.com
Rafi Md. / August 21st, 2009, 11:56 am
Hey Eric:
Do you still park any of your domains? (i.e. sedo, etc) If so, which parking company do you recommend for a 1000 name portfolio.
Or, do you recommend publishing with content instead?
Thanks.
Tim Pluma / August 21st, 2009, 3:18 pm
Yes, around 9000 of my domains are parked. I have tried putting content on them, but parking has always worked better. That does not mean you can’t make more by having real content, I just have not figured out a good way to do it yet. I will keep trying though. I have most of my domains parked at ddc.com and trafficvalet.com.
admin / August 22nd, 2009, 9:08 pm
What do you think?