The Rick Schwartz Domain Name and Traffic Blog: RicksBlog.com – Home of The Domain King®

Evening Folks!!

I am sure some domainers sold NNN.com domain for $1000, $5000, $25,000 or even $50,000. At each and every level, those domainers left BIG MONEY on the table. They were in a rush to sell. What else is new? I started pricing my NNN.com at $100k ++ back before it ever hit $5k. I watched them climb from nothing to $1 Million and some for even more.

As usual domainers sell way too cheap because they are clueless to the market and what is coming and the true value of a specific domain to a business or to businesses.

LLL.com domains are following the same path. But they are more important and have more value. There just has been no frenzy yet.

3 letter domains are selling for around $25k-37k. Way too cheap!! 1/10 of what the prices should be and probably will be in the not too distant future. LLL.com domains are worth a MINIMUM $100k! Any less is weak. Selling too cheap. A unique asset to fill a unique need of something very specific and you pull your pants down??!! WEAK!

Now it may not apply to qxz or some other variables that have few exact matches, but it does apply to a large swath of LLL.com domains. Like anything else, you need to do your homework. You need to do your research.

The difference between a $35k LLL.com domain and a $350k LLL.com domain is the seller! There are only a few variables. The sellers price and the buyers price. The sellers circumstance and the size of the buyers wallet. Then it's a game of chicken and a test of wills.

When an end user buys an LLL.com domain for $35k, they laugh all the way to the bank. Domainers continue to leave fortunes on the table because of their impatience. Play the game the right way and your inventory will be intact and your wallet will be a lot fatter! I will sell one LLL.com domain for $350,000 and others will show me how to sell 15 of them for $350,000. They do know how to sell more! But they make less and work a lot harder with more risk.

Every time I see an LLL.com sale for these prices I simply shake my head. Stop giving away diamonds for chump change folks! Desperate sellers getting desperate prices! You will regret in the years ahead.

Rick Schwartz

Morning Folks!!

I was surprised to learn that Teem.com was acquired a couple weeks ago. My 1.5% of the company was liquidated. I had no say. I was very disappointed until a few minutes ago when I opened THIS email!!

9/24/2018

Dear Virtual Dates, Inc.,

A payment is now being made to the Teem Technologies, Inc. securityholders. Your payment of $642,751.92 has been processed via the ACH instructions you provided to SRS Acquiom. Please note, ACH payments can take 1-3 business days to settle.

If you have any questions, please do not hesitate to contact us via email at support@srsacquiom.com or by phone at (415) 263-9018 and provide the following reference in relation to this payment: 429795.

Thank you,

Rick Schwartz