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Originally Posted by woj
come on guys, 99% 4 letter .orgs are close to worthless...
LEKE.org sold for $15.50.... there are 100s of 4 letter .orgs for sale for under $50 on various domain websites...
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Maybe many are but I wouldn't say 99%. It does depend on the letters and how do we know that the purchaser isn't getting an absolute bargain? He might well flip those domains the next day for a decent profit and people do that all the time.
It's important to understand that a person selling a Domain Name has the freedom to list their asset at a price of their choosing and it will sell for a price agreed between a buyer and seller. No-one can predict what that will be.
We've bought domains for $50 or less and flipped them for $xxxxx and even $xxxxxx. It does happen more often than you would imagine. Those who are buying in this market, are buying for a reason and there is a plan and an investment strategy behind the purchasing.
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I wouldn't even be surprised if there are plenty of unregistered .orgs that you can get for reg fee...
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In 4 letters? There's no need to be surprised, prove it to us.
If you browse the forums maybe you'll find many 4L .org selling for $50 or less but you'll also find them selling for $300 and up, it just depends on the letters, meaning, combinations etc and so on.
Well if I just browse the YTD reported sales of 3L .org sales, there have been numerous reported sales of 3L .org selling at $15k plus. There's a few sales reported in DNJournal at around $10k over here:
DNJournal.com YTD Top 100 Domain Sales Chart
So if you assume 3L .org selling at an average of say $12k, maybe its not so surprising to see 4L .org selling at around $300 USD which is 40 times less <shrug> But of course, there are no rules to this, its just a market place and people will offer whatever they want to offer. I would add that there does seem to be an irrational exuberance in the market right now.