I have a small portfolio of names by comparison to the large domainers who make their full time livings off buying and selling domain names. I've sold dozens of names over the years without striking gold! But a funny thing happened to me just a little more than a week ago. I found a perfect match for a website that I had already developed, TVVideoNews.com and I registered it at Godaddy for the regular initial registration fee. As a wannabee domainer, I hit gold! See this domain name had dropped, which is domainer parlance for the owner of the domain not paying the renewal fee. It had been registered for 16 years, according to domain history records.
It just goes to prove that if you look hard enough and work hard enough you can still get a great domain name without sometimes paying out the big bucks. The value of domain names has risen phenomenally and I expect despite economic woes will continue to do so at perhaps even higher elevated heights. Notice how many new ecommerce sites are hitting the web?
Like many people in the current environment, money is tight for us and putting out a sizeable chunk of cash for a domain these days in the re-sale market would have been unlikely. I'm happy to share my good luck story. As a wannabee domainer I struck gold. Maybe you can too!