I've got a pair of real estate domain names that I'm looking to sell:
FireIslandSummerHomes.com
FireIslandSummerRentals.com

E-mail or PM me if you're interested in either of these.

Where is FireIsland?

Long Island, New York. One hour east of New York City, it's on the south shore of Long Island, mostly beachfront on the ocean.

Why are you selling them?

Why not? I have no need for them, maybe somebody else does.

If they were huge money makers, someone would make an offer or he'd already have them sold. I've gotten offers on domains that I've purchased, but since I don't buy them to rip people off, I have not sold them.

Those a really long names too. Just go to domainsite.com and buy some similar ones for 8 bucks a year.

Actually, I just started advertising these two days ago, to see if there was any interest. I've gotten 2 offers on them already.

I don't know what you're trying to say here, I'm not looking to rip anybody off, I'm just trying to do the same thing you are - make a buck.

I don't do real estate to just make a buck. I didn't have to do it and am leaving a well paying job because I'd like to help people invest. If I wanted to make a buck, I'd just stay at my current job since it's more secure.

When you buy domain names, you pay $8 so someone else can pay hundreds or thousands more. I see how you can relate this to real estate, so fine. I am just tired of trying to buy domains that I intend to use and it's taken by a squatter. Just my personal dislike.

I don't see why you got offers on those domains because they don't seem that great to me, but if someone wants to pay, sure.

Well, sometimes you buy a domain name and intend to use it, you just get side-tracked and it sits idle.

I've got one called RailroadCanyon.com that I thought I would use, but never did. It turned out that I liked living near the ocean more than I thought.

Hello
If you have a good domain name you need to have a web site to go along with that domain name,
There are tons of domain names for sale like on Afternic, Great Domains,E Bay etc you may want to place them on those sites to help you sell them.

good luck

I am not so sure that having a web site will always help. A lot of times the domain name buyer sees a name which just fits. Most likely he will want to build his own site on there and already has some ideas on how it should look and what it should be about.

Sometimes a good way to advertise it would be locally, meaning to real estate agent in the area which the domain name describes.

Mike

btw this comes from a guy who spent 2.6k for the domain name RealEstateForum.com

Nasty, Nasty, Nasty... jeez

What indication do you have that he's trying to rip someone off? For crying out loud, unbunch those drawers.

Ignorance is bliss. Fire Island is a very popular summer rental locale off the southern shore of L.I., summer rentals there are very expensive and very popular. Being somewhat familiar with that area I bet there are plenty of real estate related companies in that area who think they are great domain names.

This pretty much sums it up

Tell me about it. I have about 30 domains just sitting there unused. I'd even considered posting them and offering them for sale but I don't want to be accused of trying to rip someone off. :p

My opinion is ignore those who want accuse you.
I have been selling domains for about 5 years now, not just real estate names.
those who accuse you have to much time on there hands anyway...

you can also bet that someone will post some dis like after this post so just ignore them
Have a great day.

I once was a domainaholic with over 200 names. Whenever I least expected, someone made me an offer on one of them. In the domain name business you never know. A name which one person would not pay the registration fee for can possibly get you 1,000s from someone out there who happens to want it.
Just finding those special someones is where the legwork comes in.

Domain names will only increase in value over time as marketers learn that difficult to remember names cost 7-10 times more to market.

Getting repeat traffic is another good reason to get memorable domains.

Granted there are few domains worth millions as business.com, loan.com, mortgage.com and gamble.com but Ive sold several domains over the past 7 years. Spent a couple hundred sold for 20K. The margin is unbeatable and it'll only get worse as dot com names become even more valuable.

Nobody goes to dot net anymore these days and soon the dot coms will be suing dot nets for trademark infringements with all those emails being sent to dot com addresses it's easy to prove confusion.

Dee, to blame people that buy domain names for investment is like blaming people for buying real estate for resale. Cybersquatting is when you buy names that infringe on someone elses trademarks for the purpose of reselling.

To buy names that are generic and valualbe is smart investing. If you could buy land in NY city cheap would you? So what's wrong with buying good names cheap?

HH Miller, I'm not trying to be nasty. You're the one saying that what I think is ignorant. I still do not think the name is worth paying a premium.

My point is that no one will directly type "fireislandsummerhomes" into their browser to look for a site. I've seen realtors with "buy-xyz-homes.com" as their domain and because they promote it, it's one of the most popular sites in town. It makes more business sense to buy a similar domain name and just promote it. The name doesn't bring people to the site, the advertising of it does. If most people calculate the ROI of buying a premium domain name, they'd realize that they get absolutely nothing from the domain name itself. It's only the effort that they put behind promoting it that creates the return.

I think it's crazy that people can just spend a little more time and a lot less money coming up with a good name. I just searched for "BuyFireIsland.com" and it's available. FireIslandSummerHomes.net is also available. I didn't even try and that's already two domains that I can pay only $8 for.

Bottom line...if someone wants to buy it, go for it. Just like real estate, a domain name is worthless until someone puts a premium value on it. All is fair in business, but some things make better business sense. If you think this is ignorant, then so be it.

My longer term plan has me expanding into several different areas. I already have common domain names registered for that eventuality. Included are a number of domains that are related to hobbies and seperate business ventures. I have several that are registered for the kids, for fun and for their early attemps at Ecomm.

I will have to agree that those that register names enmass as a futures investment, are annoying. On the other hand, if someone had a name that would work for my efforts, and they where considering not renewing it, I would consider paying them a few bucks to aquire it. Not much more though.

What would the domain forsalebyowner.com be worth?
I remember when it sold for 800k
I hear what you guys are saying on both sides.
Mike

It probably sold for that much because someone had already started advertising it and there was a purpose for it. Since BuyFireIsland.com serves the same general purpose as BuyFireIslandHomes.com or FireIslandSummerHomes.com, I'm sure you can't get that much for it.

FSBO.com and similar names serve a very lucrative niche, so the ROI may be worth more. Same for Realtor.com and RealEstate.com. The names may actually have a real worth because of the number of people who actually type it directly into a search.

If the ROI makes sense, the domain name makes sense. Otherwise, just have a good marketing plan and get a similar name.

What's wrong with buying names out of speculation to make a buck? Or any investment for that matter?

And how is that any different than helping people buy property as an investment? By your logic they should not buy it unless they want to live in it themselves.

Someone bught business.com years ago for under $100, and later sold it for seven figures. I applaud them.

So many people pat themselves on the back when they make a "smart" business move, but when smeone else does it that call it "greed" instead.

Not sure what logic you're talking about. Maybe you didn't read where I said:

1. For buyers: If the ROI makes sense, someone should buy a domain name. Same for houses.

2. For sellers: I also said that all is fair in business and if someone wants to buy domain a domain you're selling, go for it. Same for houses.

Thanks for all the comments. I've sold the pair.

Nice! Care to disclose the amount or the range thereof?

They sold for > $200.

If you want to sell a website name, I don't see anything wrong with it. Don't listen to what some people say, other agents tell me that getting a degree is a total waste of my time, but I don't see how. With states passing more and more laws about what agents and brokers are to know, having a little extra information at the get-go isn't such a bad thing!

Skyfather, I'm with you on this one. Education is never wasted.

When it comes to domain names anything less than a pure type in isn't worth more than a thousand bucks. Not in my book.

Domains like realestate.com, house.com, business.com and loan.com generate millions of types every month without advertising.

The guy the owns house.com bought his domain in 2003. Somebody the owned it didn't know what to do with all those traffic. So the new owner takes over and turns into a real estate lead site. House.com now is the second most visited real estate site on the web.

We don't know if its a pure type in site or from traffic funneld from the porn site whitehouse.com. Last documented was something like 1.2 million visitors a week. They generate 12-25K leads a month and sell them for $30 each to agents grossing somewhere around 450K a month.

Now that is a solid investment.
I personally have seen domain names sell for 3-5k when in reality they were worth 50 bucks.
Reason being: good ability to sell. The owner approached a business, told them how great the name was and a semi-emotional purchase followed.
Believe it or not, some corporations have a marketing department where the managers don't even know how to search for a domain name.
If you approach them the right way and take the work off their shoulders, you might be able to sell a mediocre domain name for 2k even if similar domain names are still available.

P.S.: I used to be jealous of those sales geniusses when I became an afternic.com member 5 years ago. I then learned design and seo and teamed up with a sales genius.

Business.com, realestate.com, cars.com, babies.com ...they all have something in common. Those are domains that are so simple and related to something in real life that people will go it just because of the name. The ROI makes sense.

The difference here is branded or recognizable domains versus unbranded and unknown names. I searched again and found tons of "FireIsland" domains that can all be popular, but none are popular enough that they're already recognizable.

Should we sell domains for more than what we paid? Absolutely. It's a free enterprise.

Should we buy domains when they are unbranded and no one would recognize their value unless we create value? Absolutely...as long as the ROI makes sense.

I'm glad we all agree on some level

I agree. This was a good debate and at least someone ended up with a nice return on investment.

Your the first one to agree with me, THANK YOU!!! You've made my day

tsk tsk, and this comes from those who sell overpriced real estate to retired elderly folks, just so they dont suffer from chronic arthritis, and want to be in a warmer climate in the winter.

i wouldnt buy the name myself, however, if you consider what you are really saying, and consider what real estate is, and think of the real estate giants, is that just what they done, bought something for next to nothing, jacked the price up and made a profit. and for the post who said they were not doing real estate for an income, "BS", you want to help people invest, so you are going to do that for free. otherwise you are doing it for profit, just like the fella buying the 8 dollar domain and offering it for sale for 25 bux, that is exactly like real estate, a commodity. not in the same price range granted, but the same from my viewpoint.

holla,

Whose posts are you referring to?

sorry site tutor;
quoting from the post i was mentioning, actually it was random rambling which i do pretty good. lol

Dee In Austin
"I don't do real estate to just make a buck. I didn't have to do it and am leaving a well paying job because I'd like to help people invest. If I wanted to make a buck, I'd just stay at my current job since it's more secure."

thats funny to me. be like the doc who spends his time going to med school, and says well i wanna work off the back of the trash truck. i spent my 6 yrs in college, enormous amount of money.

well yall just more of my rambling.

later,

Still not sure what you're getting at. Spending 3 weeks in real estate school is hardly comparable to going to med school. I could have done the test in my sleep.

I initially got my license to invest and had no intention of being an agent. I'm leaving my very wonderful job at Apple Computer so I can go help people. The easiest "buck" is to stay where I am with great benefits, friends, bosses, and pay.

quite frankly enough said. three weeks, in my opinion could not even basically teach the bare essentials on how to guide on how to invest in dime store candy, muchless the real estate market.

best of luck in your career transition.

later,

True, True, but in my schooling, it's going to be about 4 weeks. LoL!!!

I think it is more adventageous to use a domain that is impossible to screw up, no matter how long the domain is. People pay for these short and sweet domains, when in reality, as long as your domain name is simple enough that there is no deviation in the spelling, you will be just fine. I like to search nsi.com for the most popular domain names + one extra word thrown in the mix. I'm still waiting for The Donald to make an offer on the domain I bought, www.TrumpTowersVegas.com

He is using www.trumptowerslv.com

Which is better?

Try mixing up variations of your top choice and you'll find that there are tons available, it just takes a little persistence! Happy Hunting

I hope I'm not opening another can of worms here...

The two names I original posted have been sold. But I've got another one:

DiscussHouses.com

PM, E-mail or reply in this thread if you're interested in it.