Hmm... I need to find out myself. I don't know what is the answer to your question. I'll do some Googling and get back to you if I bump into an useful answer. You should email the people at 123 reg as they probably could give you an answer..
I recently sold a .cn.com name for a loss. there was a $40 renual I just did not want to pay. Sold it for $30 was into it for $80 two years of reg fees.Lost $50.
Also sold a .cc I paid $100 for for $8 lost $92.
I have had about 100 names that I just let drop so $900 lost..
Oh well..........................Live and learn..........................
Say you potato, I say pataddo, it's a loss either way...
Sometimes I buy packages with some names I dont really want and sell them off really cheap or give them away but I dont see it as a loss as such..
Apart from the normal newbe cr*p that I first bought, I tend to renew now until I get a price I like..
I prefer to refer to it as a learning experience..
Hey, have you SEEN the cost of college courses??!..
Something can be only sold and bought back and forth so many times, eventually someone is going to take a loss...
Yeah, I've let a few drop and sold a few off cheap before they expired as I didn't want to renew them. These were all mainly my domains that I bought when I first started out so all in all it wasn't too much to lose to get a good learning experience...
If you see how many domains drop each day, you can see that losses with domains are common...
Mostly when I was newer to domaining and I was buying high.
's then I found out they can loose their.
Very quickly. Live and learn.....
I lost 40K last month in the stock market so what can you do?.
I sold 100+ LLL.mobi as a package for around $14,000 months ago, and considering it's current resell value, I got a big loss..
I sold less than I paid for a tv premium,.
Sedo made have a low reserve and.
Somebody took the chance..
I learned from that so I didnt actually loose...
Before I can sell any domain, I consider I have paper loss. After the domains are.
Sold or dropped then the paper loss or gain are for real. However since the domain.
Names are so un-liquid, I consider every purchase is a loss until they are sold...
I sold one HostGator at a loss - the same reason I've sold several others for less than I COULD have gotten if I waited. Same reason each time - I had too many domainers lowballing me offers. I always weigh in my time when considering the cost of keeping a HostGator since it IS worth money..
Example: I acquired qeck.com on backorder not long ago. In just a couple of weeks, I had received 18 emails offering lowball offers of 50-100. I took a risk and put it on auction @ Sedo with no reserve and it ended up selling for $110. I know if I waited a bit longer, I'd likely have gotten a better offer. But spending 1-2 hrs a week on inquiries for one HostGator wasn't worth it for me..
I've also bought traffic domains where the traffic died or slowed down and I sold those for less than I paid. But I've been fortunate enough to have come out ahead when factoring in parking revenue while I had it...
Depends on the perspective you take. If I have to free up funds urgently for a bargain purchase, I don't mind selling off names for a small loss or what I paid for them etc, as I know it is countered against the profit I will make on the name I am buying..
Also, many times I have sold early, or flipped a domain, whcih I could have got much more for if I held out, but often this is the way to keep moving up in this industry. I've also dropped a fair few, but I wouldn't count that as a loss, more just part of the way it works..
Like Sharon as well, I have bought many traffic names which I have sold for the same or less than I paid when the traffic has died, but they've always made me a good profit when factoring in the ppc revenue I received..
In summary, I think swallowing small losses is often a necessity and you need to put it in the context of your overall business plan...
LOL...all the time.....not big losses,but losses just the same...
Very True, hundreds of them every day ! I've often seen very large groups of similar names that had been held for 7 years very likely by the same person all dropping within days of each other..
I've dropped a fair few myself in the last two years..
Great point, here. Selling to minimize the losses you take gives you a better chance to make a profit in the long run. Of course we all want to make a decent profit, but selling for loss is okay in my book.