So the time has come when you once again have to train your brain it’s no longer 2008 and you have to write 2009. If you are a developer or have sites that are developed, now’s the time to change your © to 2009 in your footers if it doesn’t auto update.

~ BuyExpiringDomains.com is once again updated. You can see the new list as always at the Buy Domains tab http://buyexpiringdomains.com/Buy-Domains.html . I try to update this list several times a week, so please check it out when you can.

~ My first offer of 2009 happen to come in today and it’s on a domain that I really like. BailoutBill (.)com . The offer is $1K and happened to come in from a Lawyer who is making the offer for a client. Now anytime you get an offer from a lawyer your research on the buyer is a bit harder to investigate. The buyer could be the Government for all I know… So it’s important to keep in mind that if somebody is willing to pay a Lawyer to handle the buying process, they also hold a budget higher then the first offer that comes in.

Bailout happens to be one of the most searched terms in 2008 and since the Bailout Bill was not signed until Oct 3, 2008 it didn’t take long for the term "Bailout Bill" to be a household name. Now the bill signed in is not actually called the bailout bill. It’s real name is: Emergency Economic Stabilization Act of 2008. Commonly referred to as: Bailout Bill. Using Google and you type Bailout and you will see under the search box that Bailout Bill is the first result (for me at least).

With over 2,100 + daily searches for "Bailout Bill" according to Wordtracker and the fact that no bill has ever been approved like this before, makes the term and BailoutBill.com a piece of History.

So I had priced the domain with a Buy It Now at $3,300 via Afternic before this offer came in and just recently set it for sale. Passing up $1,000 offer is never an easy thing to do, but I also know this domain name is Priceless to the right person. I think their also happens to be more then one person this domain name would be priceless to.

So I figured I would ask what you think? Is $3,300 the "right price" for BailoutBill(.)com? Is it low or high?

6 Responses to This and that from me to you


  1. Steve Luvender
    Jan 02, 2009

    Jamie,

    $3,300 is a good price, but it might be a bit on the high side. Now is a great time to sell the name since the bailout is a hot topic on everyone’s minds. In five years or ten years, that more than likely won’t be the case, and you’ll have an $xx – $xxx name instead of a four-figure name.

    I’m not sure if BailoutBill.com was a hand-registered name or not, but I’d sell if I received a $1500-$2000 offer. As a buyer (reseller), I would not consider the domain for anything over $1000 because it’s simply not a good name for the future.

    Best of luck, and have a great weekend!

    Steve

    **Jamie Says**
    Thank you Steve! It wasn’t a hand reg, but I did feel I got a fair deal on the domain.


  2. Tony
    Jan 02, 2009

    I agree with Steve. This is a piece of history and like history it has a shelf life. Selling now while the name/topic is still hot is the smart move.

    As for price, I struggle with that still with my own domains. However, even $1,000 goes a long way in today’s domain market.

    On a different but related topic, I usually get my drops exclusively from Snap until the whole Standard Tactics thing came out a couple of weeks ago. Now, I split time between Snap and Godaddy. Last week, I won a name that my Godaddy rep tells me came from Standard Tactics. It is a one-word category killer dotcom. But the term is relatively new and obscure to most of the population and apparently to domainers too. I got it for $1,200. I’ve parked it for 2 days on SedoPro now. The first day it made $10. So far today with 4 hours left, it’s made over $20. This name might go for $xxx,xxx in a couple of years.

    The point to my story is if you know how to find bargains, which I KNOW YOU ARE, it’s sometimes best to not get too greedy.

    **Jamie Says**
    Thank you Tony! I hope the domain you picked up Does go for $xxx,xxx ;) . As always, I’d be interested to hear what you picked up. :)

  3. You already know that I love the domain name Jamie. I think that if someone is willing to pay an attorney then you can ask for more than $3300.

    After your research did you find out who the lawyer represents? Like you said, that would determine the true sales price.

    No matter what you do, best of luck and congrats!

    **Jamie Says**
    Hey Patrick,
    I really do not see who they represent but I do know, the law firm has 20, yes Twenty Lawyers named among “The best lawyers in America”. They hold several offices in several states and have been in business for 50 years.


  4. John Bomhardt
    Jan 02, 2009

    Hey Jamie,

    Bear in mind that the name has a very short shelf life and most lawyers I’ve talked to recently have been studying up in the domain industry when buying, which means they may have made other offers for other names of which, it may be accepted by someone that really need the money. If money is not an issue and you can risk asking for a higher price, go for it. That’s $1000 dollars worth of chips you’re playing at the table and what you’re holding may be the only hand you’ll ever be able to play…

    Hopefully they’ll buy from you! :)

    John
    http://unplain.com

    **Jamie Says**
    Thank you John. I sent off my reply to the offer and put my price of $3,300. I Know many would of Raised their price once finding out it was a “lawyer”, but I asked what I thought the domain name itself is worth. Also, this “Shelf-Life” part I am having a hard time with. For one, I do not think this will be the last “Bailout Bill” we will see. Any bill passed for 700 Billion Dollars is something not forgotten fast or anytime. I went to Google, then selected “news” for the term Bailout Bill. Just news from “last day”, included 7,881 returns. This bill was passed in October of 2008. I do not see it going away anytime soon or even ever. Just my 2 cents ;) http://news.google.com/news?hl=en&client=news&ie=UTF-8&q=%22bailout%20bill%22&sa=N&tab=bn


  5. John Bomhardt
    Jan 02, 2009

    You’re right about the “Shelf-Life”. It is certainly not going to go away anytime soon. I thought about it more and come to think of it, what other vernacular will they use to describe a bailout bill? So I would say that term will most likely become a part of our permanent vocabulary everytime the economy tanks :)

    John
    http:/unplain.com

    **Jamie Says**
    Thanks for reconsidering the “Shelf-Life”. I see any “bill” passed in the near and all together future that is any hint towards money, it will be like an extension of the Bailout Bill and compared to the Bailout Bill. I think it’s fairly priced at $3.3K considering what you see sell in that range. Just from DnJournal.com reported sales this week… SpotMark.com $3K, CrazyBike.com $3,388 Tool24.com $2,820, UseNetwork.com $2,900 etc. How often do you hear those terms in the news? Even Higher ones like 7on7.com for $7,700, 123Pets.com $10K, PlayTube.com $20,500 and even Hunk.net at $17,000. I think I could go on and on with domains reported sold that I think BailoutBill.com is Better then.

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