It’s a question I’ve gone back and forth on for years. As a domain investor going on nine years, every month I have domains that I haven’t sold but I’m not going to renew. I used to go to great lengths to try to sell these names, then I felt like I was wasting my time, there was a reason I was dropping them, it’s because they weren’t as good as I originally thought.
Over time the number of domains I dropped each month decreased as I got better at picking names that would actually sell. Couple this with a bit more realism about the time horizon of domain sales and I’d like to say I have it down to a science…but like most domain investors the reality is I’m still learning, always learning.
I am more careful now with the domain that I buy than I ever have been, and I sell names for 10x or more what I paid for them. Still, every month I drop domains, less and less names every year but it still happens every month. Now I’m re-thinking what I do with these names, so I’m interested to know what you do.
What do you do with domains you’re planning on dropping? Do you put time into selling them? Or like me did you come to the conclusion it wasn’t worth the time? As someone who is always learning, I’m always looking for what I might be doing wrong, money I might be leaving on the table, which is why I wanted to put this question on the table.
Now it’s your turn, comment and let you voice be heard!