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Domain Flipping Question

by airallineed
15 replies
Hello Warriors,

I need a good advice from a professional domain flipper or at least an experienced one

I found a 2 letter domain for sale. The price is really not low ( xx,xxx $ ) but I had an idea.
I went to Google and just typed in in the 2 letter keyword in the search box and found some big companys who could be relevant for this domain (I thinjk for bigger comapnys some xx,xxx deals ar just peanuts). I went to their contact page on their website and wrote a professional business letter for them, if they are interested in the 2 letter domain and that they were my first contact person and they get a 2 week respite if they are interested in the domain or not. I already got 3 replys from the CEOs/Salesmans. They asked me for a price.
Now this is the tricky part, I don't own the 2 letter domain yet but I could mention a price that is much higher than the seller price og the domain.

What would you do? If the CEO want the domain for my offered price, how could I buy and transfer the domain safetly to the new owner?
I just don't want to be scammed of the domain seller... are there any escrow/trust services for domain flipping or how to deal with a deal like this?

Thank you for every useful advice.
#domain #flipping #question
  • Profile picture of the author Adie
    Originally Posted by airallineed View Post

    What would you do? If the CEO want the domain for my offered price, how could I buy and transfer the domain safetly to the new owner?
    I just don't want to be scammed of the domain seller... are there any escrow/trust services for domain flipping or how to deal with a deal like this?

    Thank you for every useful advice.
    Escrow.com offers service for domain purchase.
    here's the link that explains everything: https://www.escrow.com/solutions/domain_name/index.asp
    This involves large amount so be very careful and make sure you have a sure buyer before making final decision.
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  • Profile picture of the author sbucciarel
    Banned
    Escrow like above said is the safest way to make a big money purchase for a domain. It will take several days so the domain will not be available to you immediately, so take that into consideration when negotiating with another buyer.
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    • Profile picture of the author airallineed
      Thanks guys, theoretically I can't lose my money with escrow?
      Only if I invest in that 2 letter domain and the CEO changes his mind.
      But than maybe I could sell it on sedo.de or sother domain flipping sites.
      It's an ".de" domain. So it's a German CEO.
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      selling emailtemplates.info
      PM me if you are interested!

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      • Profile picture of the author Adie
        Originally Posted by airallineed View Post

        Thanks guys, theoretically I can't lose my money with escrow?
        Only if I invest in that 2 letter domain and the CEO changes his mind.
        But than maybe I could sell it on sedo.de or sother domain flipping sites.
        It's an ".de" domain. So it's a German CEO.
        Escrow.com is the trademark in escrow so losing money with them has 1% probability... Just make sure everything is in your favor before you finally hit the transfer button.
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      • Profile picture of the author sbucciarel
        Banned
        Originally Posted by airallineed View Post

        Thanks guys, theoretically I can't lose my money with escrow?
        Only if I invest in that 2 letter domain and the CEO changes his mind.
        But than maybe I could sell it on sedo.de or sother domain flipping sites.
        It's an ".de" domain. So it's a German CEO.
        They are the middle man. They take the money. If they don't see the domain transfer, they don't give the seller the money.

        As for the CEO canceling. That of course, could always happen.
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  • Profile picture of the author James.N
    I've used escrow.com for selling websites before and it went just fine - no issues.
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  • Profile picture of the author pdrs
    As everyone has said - escrow is the best bet - as for the CEO cancelling - there are no guarantee's there.

    But it never hurts to play it out a little, I'd throw a few figures out there and see if you can get more than one guy interested but keep in mind anyone that is willing to drop that kind of cash on the domain is probably going to do his/her research and find out you don't own it anyways and then you're SOL as they say.

    If it's really that great and you have that kind of capitol availble to pick it up for a reasonable price than just make a good business decision and purchase the domain - if you're risking everything on this one transaction (as would be the case for a lot of people at a price tag of $xx,xxx) then I wouldn't get involved as you'll probably just end up doing more harm than good for everyone involved.
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    RemoteControlHelicopterReviews.(com/net) - Up for sale! No reasonable offer refused. Great branding for a super hot niche!
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  • Profile picture of the author fenomeno
    Uf, I would say that you are not expirienced in domain flipping so would suggest that you dont do this. Sorry to say that this way, I dont want to offend you.

    First of all, I dont understand how you manage to get interest of CEO in domain you dont own? If there is $xx.xxx amount in question, every serious buyer would want to be sure that you really own the domain.
    Second, I get thousands "how much" answers when offering domain name to endusers, but small percent of them really bought my domain.

    I sold hundreds of domains so am know what I am talking about.

    It would help if I would knew the name of domain.

    Also, someone already mentioned, count on few days escrow process when you are buying domain name through escrow so if you start escrow with your buyer at the same time, it is more likely that inspection period will end before you get the domain in your possesion.

    I could help you with this, but am not able to send PM as I am new at this forum.
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    Contact me on PM if you are interested in extra affordable instructions about how to trade with domain names for serious profit. You could also just visit and check my website at http://www.honorarniposao.net/#!english/ctqd

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  • Profile picture of the author ArielT
    airallineed, I think the most probably is that domain doesn't worth that amount, I think It's a very high prize to be a .de, and aslo you should check first if not any trademark infringement

    And a 2 letter domain I don't think would be the ideal for a company, better from a 3 letter

    So my advice is, desist of tha idea
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  • Profile picture of the author fenomeno
    I could tell that some companies would be very interested to own LL domain. Also, .de is the strongest ccTLD so price could be in $xx.xxx range. But it is important to know the letters and if $xx.xxx is $10000 or $99999.

    But the most important issue here is that OP dont own that domain and trying to sell it to another company. Too many things could go in a bad way here. IMO
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    Contact me on PM if you are interested in extra affordable instructions about how to trade with domain names for serious profit. You could also just visit and check my website at http://www.honorarniposao.net/#!english/ctqd

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    • Profile picture of the author ArielT
      Originally Posted by fenomeno View Post

      I could tell that some companies would be very interested to own LL domain. Also, .de is the strongest ccTLD so price could be in .xxx range. But it is important to know the letters and if .xxx is $10000 or $99999.

      But the most important issue here is that OP dont own that domain and trying to sell it to another company. Too many things could go in a bad way here. IMO
      I don't know any popular or succeed company with an LL domain, I still think is better from LLL. Therefore I think the price is too high
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      • Profile picture of the author fenomeno
        Originally Posted by ArielT View Post

        I don't know any popular or succeed company with an LL domain, I still think is better from LLL. Therefore I think the price is too high
        LL.de is worth at least high $x.xxx at reseller market. For an end user it could fetch even high $xx.xxx, but for sure low to mid $xx.xxx

        For instance, ie.de sold for $11k two months ago, hb.de sold for $34k four months ago, gr.ee sold for $25k last month etc...
        And fo.com sold for $245k in may, also Facebook bought fb.com for $8.5m in 2010
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        Contact me on PM if you are interested in extra affordable instructions about how to trade with domain names for serious profit. You could also just visit and check my website at http://www.honorarniposao.net/#!english/ctqd

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        • Profile picture of the author ArielT
          Originally Posted by fenomeno View Post

          LL.de is worth at least high .xxx at reseller market. For an end user it could fetch even high .xxx, but for sure low to mid .xxx

          For instance, ie.de sold for $11k two months ago, hb.de sold for $34k four months ago, gr.ee sold for $25k last month etc...
          And fo.com sold for $245k in may, also Facebook bought fb.com for $8.5m in 2010
          Yes, you are right, I admit when I was wrong

          But of course not all LL worth a very high amount, and It is very important the extention
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          • Profile picture of the author fenomeno
            Originally Posted by ArielT View Post

            Yes, you are right, I admit when I was wrong

            But of course not all LL worth a very high amount, and It is very important the extention
            I agree, not all worth huge amount, but all in good extensions has pretty good value even at reseller market.

            .de and .co.uk are the strongest ccTLDs, and any LL.de you could sell for $5k+ at reseller market. It would be the best to search for end-user as then you could achieve much better price, sometimes even high $xx.xxx.
            For any LL.com you could get $50k+ from resellers, and sometimes millions from end-users like in case with fb.com
            Signature

            Contact me on PM if you are interested in extra affordable instructions about how to trade with domain names for serious profit. You could also just visit and check my website at http://www.honorarniposao.net/#!english/ctqd

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  • Profile picture of the author Joint Venture Capital
    I can joint venture with you and get it on sedo auction!! PM me for details
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