Hello and Assalamo Alaikum,
I received following email from Escrow.com which I wanted to share and it’s really interesting specially for the domainers.
“Did you know that the average growth of domain prices has been in excess of 7.3% per year over the last 10 years? 4-letter domains rise even faster, 9.3% growth per annum over the last 10 years.
Here are some extraordinary results we’ve seen in the past:
– RaiseTheMoney.com was bought for $80.55 and sold for $12,500 in 4 months
– BuyShares.com was bought for $2,444 and flipped for $15,900 in 6 months
– PirateShip.com was bought for $1,500 and sold for $20,000 just 21 days later
However, one of the biggest risk to this amazing growth is the risk of losing a domain to fraud and chargebacks.
A chargeback happens when a seller uses a stolen credit card to buy a transaction, and the seller is forced to repay the credit card’s real owner. When you’re trading domains, PayPal and your bank don’t protect you from most frauds or chargebacks.
Escrow.com protects you and your business against fraud and guarantees zero chargebacks.
Ready to start building your business without the risk of fraud?”
This year I have started buying LLLL.com domains more aggressively as long term investment and surely they are going to pay off well. I still see these LLLL are undervalued especially Western letters and I am going more after them.
I find these stats really impressive. What do you guys think about it and the future?
That is interesting. I have never seen a historical domain name price chart like that before.
I too have never seen such type of data shared by Escrow in the past so this is really good to see.
Thank you for the good information. What is your opinion on the LLLL.coms with mixture of Chinese and Western letters like AQXV.com?
I see the prices to be going high as the times goes by for LLLL mixed with Chinese and Western letters. Thousands of new companies are coming up and no one knows what their initials could be.
If one has good cashflow, I would suggest to buy LLLL.com especially Chinese and Western letters combination because you get them cheap compare to CHIPS. There are existing companies you can easily find with non-CHIP combinations. For CHIPS, it’s difficult at least to me..
I like the short market too and I think there is a lot of value in “lesser quality” LLLL.coms. For example LLLL.coms that contain the letter ‘V’ are not favoured by either the Western or Chinese investors. However, just as we’ve seen with new markets and new languages showing interest in letters like ‘X’ ‘Z’ and ‘Y’, the same will happen with LLLL.coms with the letter ‘V’in time.
Absolutely right John. Right on money! 🙂
AbdulBasit, I like this nugget of information. I think PayPal and others too providing such a protection.
IMO, PayPal is never safe when dealing for domain names. I only use this option with trusted buyers/sellers.
Abdul, i have only one LLLL.com domain, i am confused about holding that,, what you think..? LLLL.com will be a GEM in future or should i sell it nw..? atleast i get mid$xxx
I am holding all my LLLL and not selling at reseller prices. Until I don’t know what LLLL you are having, I can’t say anything about it. If you are not feeling comfortable sharing publicly, send me through email.