Quote:
Originally Posted by esnail
Domain names have no value on their own - its how desirable they are that makes them worth anything. Its like brick-a-brac - or any worn-out second hand goods, they are utterly worthless to most people but there's always someone somewhere for whom these items have value.
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I couldn't agree with this more!
flesso, when you say "They say 3 + 4 letter domains are worth alot on there own", don't get drawn into a trap. I know plenty that are worthless.
I know somebody who fell into this trap a long time ago and started to buy any 3 and 4 letter domains. He found that he could sell most of them for no more than $8 - less than the registration he had to pay to get the domain in the first place!
With regards to flesso.com. Say for example I purchased it (don't worry, I'm not). I could hold that
website hosting for ages. Then in 25 years time when "Flesso" is the new world wide used operating system for computers and has replaced Microsoft at the top with a value of £100000000000 I'm sure I could sell it for millions.
The hardest part about getting lots of money for a domain is finding the buyer. For popular 1 word domain names its easy but even then, to get the top money you need find the right buyer.
For example a water company would pay more for the domain
www.water.com than an electronics company with irregardless of the percieved value of the domain.