Don’t be afraid to drop some domains, just make sure to do this one thing when you do

dropping domains

This might end up being my shortest blog post of the year, at the same time it emphasizes one of the biggest lessons I’ve learned buying and selling domain names for the last ten years. And yes, the title really does say it all…

“Don’t be afraid to drop some of your domain names”

Now that being said let’s be clear. I’m not saying to drop your best names, what I am saying is to drop the garbage, the domain that you know deep down inside probably has no interested buyers. You know that name, the one you registered at 3AM for an “idea” you had for a new business that someday you might start. Take a loss, kick it to the curb, and say goodbye to some of the domain names you “invested in” that are more than likely going to cost you a renewal fee every year for the next 5-10 years until you finally actually decide to drop it. Here’s

That being said, don’t just drop a name. Think of how much you would spent renewing it for the next few years and take that money and buy a new name, replace it in your portfolio but with a better name. It sounds simple but I’m still amazed by how many Domainers will spend thousands of dollars a year renewing garbage when they could take that money and put it towards better names.

Just think to yourself right now – how many domains in your portfolio have been collecting dust for years? What if you just dropped them, or listed them at No Reserve somewhere and then put the money you saved into better domains. My guess is that for most people out there you would have a better portfolio in the end.

What do you think? Comment and let your voice be heard!

{ 8 comments… add one }

  • Nick February 22, 2017, 10:13 pm

    I dont drop my names anymore. When I’ve checked them some time later on, I found them all to be registered and being used by various companies.

    Reply
    • Darko February 23, 2017, 1:10 am

      Hi Nick,
      same here, but some we have to let go. There is no need to hold non premium domains for 10+ years. Approx. 100.000+ .com domains drop daily. There will be always better domains to buy in comparison to what we have in our portfolio.

      Best regards,
      Darko

      Reply
    • Bob February 23, 2017, 3:09 am

      @NIck This is quite true indeed as it did happen to me before especially with Huge Domains! So now I only add 2-word or brandable .com domains that I discover to my own list till I am able to sell sufficient names first before registering some of these in order to avoid excessive dropping or renewal costs apart from just only few exceptional ones maybe from expired or closeout auctions or whatever. However I still continue to drop or sell some of my domains at Flippa No Reserve Auction and therefore try to limit to only 50 or less good names in my portfolio.

      Reply
  • Joe February 23, 2017, 1:14 am

    1428/5000
    I will drop many domain names from Uniregistry.com because I miss a year of promises with its Uniregistry.com/market and it will not hurt to be tired being in many years as a domainer than to have had the best portfolio of registered domains for many years In this market.

    Mr. Frank Shilling not yet meet him in person if he will review his presentation of his Uniregistry.com etc., and interview with Mr. Michel Cyger editor of http://www.domainsherpa.com I hope the patent will change for the better, from here I have learned that even the biggest ones Have their errors hurting the art of premium domain names of their customers account.

    I will sell all Dot-com and some gTDL from my website and then dedicate myself to invest in expired names, never to register new domain names for me as a domainer.

    I have decided to change because of a portfolio of new single-word, three-letter domain names and a number and two words. Dot-com many of them brandable. My new system will be to offer an investment with profitability in three, six, nine months to clients interested in making an investment and I will be reseller domain, hosting and montize ads and after the contracted time return the ROI to the client investor and with a great profitability. For sale domains from my new website marketplace with special domain name that I have already registered for a year.

    Reply
    • Bob February 23, 2017, 3:19 am

      @Joe I am sorry to know about your unfortunate situation with domaining but I did have some success with selling some hand-registered .com domains such as 3dHololens.com for $1200, SolarJoy.com for $800, HempTip.com for $299, LegacyDrug.com $600, etc. Good luck with your new system!

      Reply
  • joe February 23, 2017, 1:40 am

    Hello, Morgan and followers of this blog.

    A few days ago leave a comment that I wrote today February 23rd, 2016 write this comment: I will let you know that online http://www.josesabater.com to recover the money spent put for sale domains premium of three letters and a number from my web With escrow already registered etc

    It could not be today due to being in the Emergency Hospital Figueres for a small basic Pneumonia due to a chest infection, all the better these days antibiotics recover.

    Possible high web http://www.josesabater.com end February and give notice, but this web site will be to make these sales of domains with a About me.

    Now that I leave a comment today in this post that I change, I know that http://www.josesabater.com will be more for my projects than both like my friend Morgan virtual reality, artificial intelligence, and other new projects of digital marketing and ecommerce, What I like to write and do for many years.

    Reply
  • John M February 23, 2017, 4:02 am

    Dropping a name only to see it end up reg’d by another company is like getting an IPO watching it pop 300% selling it only to watch it gain another 2000% over the years. Not fun. 😎

    Reply
  • Igor February 25, 2017, 12:41 pm

    Some years ago I owned domain imminently.net I dropped it then. Later I noticed that this domain is taken again but by somebody another.

    Reply

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