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vwebworld

posts: 1237

Dec 14, 2007 1:50 PM ET    Quote  Report Abuse
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The difference in real estate is that there`s a market cap on it ... you can`t sell a house for $1.5mil next to a house that is selling for $400K. No such thing exists in the domain world - each domain is unique, and unlimited in price.
 
There is a market cap on this too.... just because a seller wants $1 million for domain name doesn`t mean someone is going to pay that price.
 
It is highly unlikely that all the domain names will be purchased by speculators.
 
Furthermore, domain names that are similar to trademarks are protected and can be retreived under current anti-squatting laws.


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Dec 14, 2007 2:43 PM ET    Quote  Report Abuse
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I found the OP to be informative and sharing. nhgnikole, I do not think your comparisons are just. Lets go back to Christmas trees, is it so bad people plant their own tree? Do retailers not already mark up trees both real and fake for anticipation of Christmas? With regards to fake trees, can you tell me where I can go to get an affordable fake tree direct from the manufacturer? The same goes for domain selling, people invent new spellings of words or come up with weird words to circumvent domain resellers, a.k.a. google. What is a google? How long would you say a small domain reseller, holding a few hundred domains, hold before they get tried of paying for domains that they are not able to turn and then release back to the general public? For every one person trying to control the system, their are 10 others trying to find a way around it and that only breeds new development and opportunities.

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Nuevolution

posts: 1223

Dec 15, 2007 5:13 AM ET    Quote  Report Abuse
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Buying domains and sitting on them is totally legal, there is no rules or do`s and dont`s to buying domain names... you can look up the information at ICANN...
I own 698 domain names well, "697" I sold one last month for 5,500.00 as a matter a fact, since I`m partners with a well known company, I get a heads up on all the expiring domain names for the month Its called "CLUB DROP" and I put bids on the domain name that I want to register incase they aren`t re-newed by the owner or that have gone through the 90 day deletion period... as a matter a fact I own the domain name "aromabox.com" and I am currently selling for $15K, I paid 8 points for it and the more unique [prestigious] the domain name is, the more you have to bid, the most I bid is 60 points and trust me I have people sending me threat letters that they are going to sue me since "they forgot to re-new their domain name and I now own it" but my response is, do what you have to do.... But I own the domain name...
So letutor... Go for yours man... Welcome to the "domainers" world...
 
ERIN.... GOOD FOR YOU... I`M PRETTY SURE THAT MONEY HELPED YOU OUT ALOT, IT WOULD HELP ANYONE ONE OUT... ESPECIALLY SO CLOSE TO CHRISTMAS.... You know what I did with that money?? I spent every penny on my children... after all, at the end of the day.. it`s my family that I have to provide for...
Letutor, email me... Im going to release all my domain names next year for people to bid on them and the highest bidder takes it...
 
 
Nuevolution12/15/2007 5:16 AM


-------------------------

Edgar Monroy
Web Developer / Owner / Consultant
When starting your own business the need to "know-how" is greater than money!
http://www.nuevolution.net
nhgnikole

posts: 2660

Dec 15, 2007 5:49 PM ET    Quote  Report Abuse
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Go for yours man... Welcome to the "domainers" world...


Yeah, "go for yours" ... who cares about the consequences of your actions as long as it makes you a few bucks, right?

So, you, again ... as a small business you have made income off knocking other small businesses out of the running. So much for the US being the place where anyone can bootstrap their way to a successful business ... they can`t even get a domain name without going for your 10th choice because the first 10 are selling at auction for thousands of dollars.
Nuevolution

posts: 1223

Dec 16, 2007 12:07 AM ET    Quote  Report Abuse
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NIKOLE,
I am a small business, with the intentions to grow big.... Do you actually think I have the luxury to sit back and play golf all day? I don`t know how much you know about selling and purchasing domains.... But Domain Names are the "NEW VIRTUAL REAL ESTATE"... Just how you can buy homes for pennies on the dollar and resell the homes for profit.... the same applies to domain names.
As one friend to another, you need to wake up, you don`t only have to depend on web design as your main bread and butter (it takes about a month to design a web site)... So you are telling me that if you charge $1500.00 a web site that is your income for the month? thats $350.00 a week if you brake it into 4ths...

NIKOLE at $350.00 a week, thats not running a business. Especially, someone with a degree from Cornell.... ( You should be looking for work) As a Small Business Owner I have to "HUSTLE" I have bills to pay and a family to feed...
Here is my "Bottom Line" and how I bring money into my company...
1. Buying and selling domains - Profit varies from 6K to 30K
2. Web Hosting - I`m bringing in close to 6K a month
3. Web Design - unlimited
4. Payment Gateways... Business partner with Card Service International - $100.00 per sign up.
5. Constant Contact Partner - Residuals on all the people that sign up I get about $4.86 per sign up... and with a list of 400 people signed up this is residual income that I don`t have to hustle.
6. Register Customer domain names -15,000 registered domain names - at $10.00 dollars a pop
7. Computer repair - $300.00 - $600.00 per day..
8. Graphic Design services - Varies
9. Event preparation and presentations - $2,500.00 a gig... which I had 3 this month

NIKOLE, you can`t sit back and depend only on Web Design... "IM PRETTY SURE YOU WANT TO MOVE UP TO THE NEXT LEVEL, DON`T YOU??"..

Here is what I notice, on everyone of your posts you try to be the "Correct one".. which, it`s a good thing if you are trying to build your credibility and show everyone that you are OK. In the mean time everyone is making money... but you.... The American Dream Pie is huge and all I want is my share of that Pie...
WISE UP BUDDY.... there`s nothing wrong with what Letutor, Erin or myself are doing. And we aren`t knocking off small businesses, did you know that most of the domain names that I purchase are domain names that the owner forgot to re-new or didn`t care to pay the $2.99 at  go-daddy or the $10.00 bucks with me?  Care to join the CLUB? I can set you up for about $100.00 bucks and you can register and  buy  expired domain names...
LETUTOR Im waiting on your Email..



-------------------------

Edgar Monroy
Web Developer / Owner / Consultant
When starting your own business the need to "know-how" is greater than money!
http://www.nuevolution.net
nhgnikole

posts: 2660

Dec 16, 2007 7:19 PM ET    Quote  Report Abuse
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Edgar, how I divide up my time and what I do with it really isn`t your business. There are plenty of ways to make money in this world without doing it at the expense of others.
letutor

posts: 192

Dec 16, 2007 7:41 PM ET    Quote  Report Abuse
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Nikole based on your basic philosophy of what is taking advantage of someone or not you yourself are being rewarded at the expense of someone else.  You have a skill, designing websites, that most small business owners can`t afford.  I know I couldn`t when I started. 

There is no unfair advantage here.  Anyone that has $8 can participate and purchase a domain name for investment or development. 

You can apply your theory to any type of activity.  I`m better at basketball and get drafted and because you aren`t then I`ve taken unfair advantage of the system.  I`m sorry but it is not unethical or taking advantage or someone to buy and hold a domain name.  The market decides the price not the owner of the domain.  It is the fundamental idea behind economics.  Supply and Demand.  If there weren`t buyers willing to pay the price the price would be lower. 

If it were lower and a small business owner bought then we could be cheating the big business who also lost an opportunity.  At the core I understand you argument but we are not living in a utopian society where all is fair.  That is the nature of business.  You see an opportunity or need that is not being met and you meet it. 

If you want to make a difference then educate your customers and teach them how to get the domains they need in order to do business. Secondly, lobby ICANN to reform their policies.  Until then take this thread for what it is, an effort to help and educate those small business owners who are not aware of the benefits of a domain name and how to get them.  I`ve made every attempt to help others to learn how to get what they need.  Personally, I think you`ve robbed them of an opportunity by railroading this thread to make your personal soap box.  Those who would have benefited by asking questions or participating were probably turned away by the trivial conversation that was unrelated to the original thread.

Education is the only way out of the darkness.  Light is was I tried to offer and it`s been stifled. To anyone reading this move on there is nothing to see here except an intellectual and philosophical pissing match.

Nuevolution

posts: 1223

Dec 16, 2007 7:47 PM ET    Quote  Report Abuse
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NIKOLE,
We are not human trafficking, selling drugs, or doing anything that`s against the law....We are selling and buying domain names, Just how someone is making money off of me, when I purchase a domain name I have to make my money back "It`s called Return on Investment"  Why do you have such a negative view on everything... Why is it that you want to be so "politically correct" sorda speak? So other`s don`t read on how you generate money or what your Bottom Line is? This is only a forum, and it`s for entertainment purpose ONLY, do you think that after I close my browser I care about what goes on in here?

I`ll tell you what! while you keep your browser open and worry about what the others have to say about you, I`m going to think about my next plan on how to get the 2008  Mercedez SLK 500...
Making money at the expense of others... (laughing.... Isn`t that what being is business is all about?)

Nuevolution12/16/2007 7:49 PM


-------------------------

Edgar Monroy
Web Developer / Owner / Consultant
When starting your own business the need to "know-how" is greater than money!
http://www.nuevolution.net
Nuevolution

posts: 1223

Dec 16, 2007 9:01 PM ET    Quote  Report Abuse
Points: 0   Vote
Nikole based on your basic philosophy of what is taking advantage of someone or not you yourself are being rewarded at the expense of someone else.  You have a skill, designing websites, that most small business owners can`t afford.  I know I couldn`t when I started. 

There is no unfair advantage here.  Anyone that has $8 can participate and purchase a domain name for investment or development. 

You can apply your theory to any type of activity.  I`m better at basketball and get drafted and because you aren`t then I`ve taken unfair advantage of the system.  I`m sorry but it is not unethical or taking advantage or someone to buy and hold a domain name.  The market decides the price not the owner of the domain.  It is the fundamental idea behind economics.  Supply and Demand.  If there weren`t buyers willing to pay the price the price would be lower. 

If it were lower and a small business owner bought then we could be cheating the big business who also lost an opportunity.  At the core I understand you argument but we are not living in a utopian society where all is fair.  That is the nature of business.  You see an opportunity or need that is not being met and you meet it. 

If you want to make a difference then educate your customers and teach them how to get the domains they need in order to do business. Secondly, lobby ICANN to reform their policies.  Until then take this thread for what it is, an effort to help and educate those small business owners who are not aware of the benefits of a domain name and how to get them.  I`ve made every attempt to help others to learn how to get what they need.  Personally, I think you`ve robbed them of an opportunity by railroading this thread to make your personal soap box.  Those who would have benefited by asking questions or participating were probably turned away by the trivial conversation that was unrelated to the original thread.

Education is the only way out of the darkness.  Light is was I tried to offer and it`s been stifled. To anyone reading this move on there is nothing to see here except an intellectual and philosophical pissing match.



Well Said... Le tutor... May I inform, that`s NIKOLE`s strategy to conducting business. She will play her soap box games.
I like the fact that you posted this thread... I think it`s time we tell people what happens when they don`t re-new their domain names. From my personal experience, I get about 1500 offers a day on deleted and non-re-newed domain names.

I`m not out to slam a small business, but if that small business owner doesn`t have the $8.00 a year to re-new their domain name, he shouldn`t be in business.
He should be out looking for work... Just my theory...


-------------------------

Edgar Monroy
Web Developer / Owner / Consultant
When starting your own business the need to "know-how" is greater than money!
http://www.nuevolution.net
stonesledge

posts: 1093

Dec 16, 2007 9:14 PM ET    Quote  Report Abuse
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Here is an interesting reource: http://www.keytlaw.com/urls/c&d.htm . This shows if someone feels there rights have been infringed upon, there are remedies. This pertains to trademarks and infringment.
 
Erin


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