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If I register a Domain name at GoDaddy, would I actually own it?
My first question is If I register a Domain name at GoDaddy, would I actually own it? Looking forward for any response. Another question I got... I was wondering, when you park some not crapy HostGator (say with some traffic)on GoDaddy for sale, how often to you get offers you are expecting to sell it for? Or, by another words, are those offers most of the time similar to reg fee?..

Comments (13)

Hmm... I need to find out myself. I don't know what is the answer to your question. I'll do some research in Google and get back to you if I discover an anything. You should email the people at Godaddy as they probably could give you help..

Comment #1

Only offer I have had was via email saying they were interested please dont tell anyone and did I have any other interest..

Comment #2

Barely ever, I don't sell too many of my domains..I develop them.

Once they are developed however - I expect a good chunk of $$ he he....

Comment #3

Been around here for a few weeks now and still dont know how to develop a name..

Comment #4

Ive never recieved an offer, in a year of domaining..

Comment #5

I think a lot of resellers will get offers on their names if they quote the price and it's around $1k to $4k. You'ld be very surprised that a LOT of the "general public" (including big companies) balk at anything more. Nobody who is not unnaturally obsessed with domains likes the thought of buying from a hoarding pirate and cybersquatter for a kings ransom..

The high occasional sales you see happening are either bought by (a) other optimistic HostGator speculators who think they know it all, or (2) the rare company who really needs the name whatever it takes...

Comment #6

It depends essentially on the name.

In my case of arround off 200 listed at GoDaddy I get:.

1 offer each week.

1 good offer (incl. negs.) every 2 month..

1 final sale agreement reached every 3-4 month..

But GoDaddy is IMO not anymore a place to sell domains..

Unfortunately GoDaddy got too popular, and they turned primary into a HostGator parking company, after parking the "for sale" is a add on to their service (Allthough GoDaddy states different)..

If you want to sell a HostGator > do it on your own..

(Search NP for suitable strategies and hints)..

Comment #7

Very internesting answers. To be true, by reading this forum I was thinking that people buying and selling tonns of their domains every day. But I never thought about possibility, that you can close deal only every 3-4 month??????? Thats disapointing...

Comment #8

Lol I am gonna be happy if I resell mine for more than the reg fee..

Comment #9

This depends essentially on your price wishes, and the domains you sell..

In my case NO HostGator goes under 100$ "Golden Rule" otherwise you loose money..

Also many of my domains are decent names registered back in good old NSI times (1995-1998) or purchased through secondary market at considerable values..

My stats are not a good reference if you look for median values.

Good luck..

Comment #10

Ive sold 2 domains at sedo, one for $500 U.S and another for $50, both after they lowered the fee to the point where it is now...ie reasonable...

Comment #11

I had an interesting offer today ....

First off, I have never sold a HostGator name although I have bought many for what I call the $3,000 idea ... that is an internet idea that I think I can make $3,000 off of <grin> ....

Anyway ... here is the "offer" exchange <grin> ... it's a hoot!!!!.

1. First email message stated he was not in the business of buying and selling HostGator names <grin> ....

2. First email message asked what my desired price was (asking price already was listed)..

I replied details about what I wanted for it, why I valued it at that price, and what type of project I had in mind for the HostGator name when I registered it. I walked him though several websites I had developed and told him how much I had made off of each of them <grin> ....

3. Second email message said " I consider your name as an investment. In other words I'm going to sell your name later and make a profit. If I overpay I won't be able to make a profit in the future. It's very important for you and me to know the current market value of your domain. ".

I burst out laughing when I read this one <grin> ... his first email message said he wasn't in the business of buying and selling and his second one said he was <grin> .....

Strike One ....

He then has the audacity to think that "it is very important for you and me to know the current market value of your domain" ....

Strike Two ....

No ... I know what it is worth to me ... it's worth a $3,000 idea <grin> ... so as a seller it's value is only what it is worth to me ....

A buyer has to determine what it is worth to them ... if you have a $30,000 idea, it may be worth a lot more to you than it is to me (my $3,000 idea) ... but the value that a HostGator name has to a seller has no direct bearing on the value of a HostGator name to a buyer ....

He continues "Of course, we must be sure that you are engaging a reputable appraisal company. Please note that I don't trust free or cheap appraisals.".

Strike Three ....

No ... I am sorry ... if he wants to obtain an appraisal, he can do so at his expense ... I know what it is worth to me ....

He continues to write "After I verify an appraisal from you we'll continue our negotiations.".

In most games, three strikes and you are out ... so from here, Strike Four and more was nothing more than an exercise in humour <grin> ... I was amazed at the naivety of this particular individual ....

I'll skip many of the other humorous tidbits <grin> ... but he continues stating "because both parties must know a fair price" ... I'm almost rolling on the floor with laughter at this point ... because in most exchanges, one person gets a fair price and one person gets a great deal ... rarely do both people view the value proposition of a transaction equally <grin> ....

He also wanted me to guarantee him that he would be able to make money when he resold the HostGator name in the future ... "because you are asking for serious money" <grin> ....

I did do the courtesy of actually responding to him at this point ... so I walked him through Economics 101 ... somehow, I doubt that he will learn anything from it though ....

One of the nice things I **PERCEIVE** about listing HostGator names through a number of the listing services, is that they "normally" will weed out the kind of people like the guy above ....

Greg..

Comment #12

Greg Watson, that guy was a spammer. he was from AllForDomains.com..

They come as buyers and make you get an appraisal from that site. I had a similar experience. ofcourse I figured out quickly and reported as a spam to all credit card companies and ISPs...

Comment #13

Thanks for the tip about him being a scam ......

I've never sold (publically) any HostGator names ... I have names that don't fit into my 24 month development plans parked at GoDaddy ....

I approach domains differently than most ....

I only acquire HostGator names that I plan on developing, however, right now I have a few more ideas <grin> than I have time <grin> ....

Scam didn't work on me perhaps because I know what the HostGator is worth to me <grin> ... and I don't need an appraisal to tell me that <grin> ....

In Real Estate, an appraisal is almost always ordered by a buyer or more often the buyer's financial institution ... I'm sure I'm going to upset a few people, but in the Internet Real Estate HostGator space, it should almost always be the same way <grin> ....

Greg..

Comment #14


This question was taken from a support group/message board and re-posted here so others can learn from it.