DomainSherpa Review – September 21, 2023: You Only Live Once
Sep 21, 2023
01:18:05
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Successful domain name investors play The Domain Game, value various domains, and discuss auction prices. They also talk about an upcoming on-location shoot and integrating with Muse.ai for episode transcripts and an AI-driven video player. Throughout the podcast, they discuss domain sales, valuation, and potential return on investment. They focus on Yolo.de in the German market and announce a live episode with Media Options as a sponsor. The hosts also discuss the acquisition of NameJet, changes in the auction process, and the challenges of private auctions. Lastly, they compare the housing market to the domain market, highlighting the importance of seizing opportunities.
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Podcast summary created with Snipd AI
Quick takeaways
Successful domain names in the current market include Pest.org and Cholesterol.org, with potential in pest control and healthcare industries respectively.
Voicecraft is a valuable domain in the growing AI and voice technology market.
The increasing prices in real estate and domain names emphasize the importance of buying desirable assets when available.
Deep dives
pest.org and cholesterol.org
I like the dot org domains pest.org and cholesterol.org. Pest.org has potential for the pest control industry and cholesterol.org can be utilized in the healthcare or medical field.
Voicecraft and Farmtrucks
Voicecraft is a good domain in the AI and voice technology market, which is currently growing. Farmtrucks is a relevant domain name in the truck industry, considering that trucks are the best-selling vehicles in the US and there is a significant market for farm and commercial trucks.
Overall Assessment
While there are a few standout names like pest.org, cholesterol.org, voicecraft, and farmtrucks, the overall list does not have many high-value domains. Most of the names have limited potential and may not command substantial prices in the market.
Real Estate Market and Monetary Debasement
The podcast discusses the current real estate market and how it is affected by monetary debasement. The hosts explain that the increasing prices of homes, especially in desirable locations, are largely due to the expansion of the money supply and the resulting inflation. They compare the real estate market to domain names, highlighting the importance of buying what you want when you find it, as there won't be another opportunity in the same location or with the same quality.
Personal Sale of Schematic.com
One of the hosts shares his recent sale of the domain name Schematic.com. He explains that he sold the domain for $150,000, which represented a significant profit since he had originally purchased it for $11,865. He mentions that he had received various low five-figure offers for the domain in the past but held onto it as he believed it was worth more. The sale was made through a broker, and although the domain was challenging to spell, he considered it a valuable asset due to its strong brand potential.
What do successful domain name investors think when they value domain names?
In this show:
- The Sherpas play The Domain Game (starting at the 12:52 mark), where they guess what certain domains were bought and sold for and discuss the reasons behind their evaluations. Today's domains are PowerHome.com, Yolo.de, Schematic.com, and HepatitisA.com;
- They review a list of domains about to come up for auction on NameJet.com, including AlwaysMoving.com, FarmTruck.com, and Pest.org;
- The Sherpas discuss the current state of auction prices;
- They get into the upcoming DomainSherpa On-Location shoot in Los Angeles
- Also, DomainSherpa is now integrating with Muse.ai for episode transcripts and an AI-driven video player to easily look for topics, words, phrases, etc., and jump to the points in the video where they occur. Let us know your feedback!
- Plus, all DomainSherpa podcasts are now up on our YouTube channel at DS.tv and much more!
JT is joined by Drew, Shane, and Braden - so be sure to tune in!!
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