What a Week!

LLL.coms are finally seeing the first signs of a very large crash in years, LLLL.coms have finally stabilized and some would even go so far as to say are increasing in value once again… What a great and exciting time to be a domainer!

Some interesting stuff is in store including a makeover of 4 Letter Noob by Unique Blog Designs which we’ll soon be getting done, an expansion to covering the LLL.com market, and a new price guide which will go into more detail than ever before.

All this will start heading your way in the coming days ahead. Look forward to major changes this July both on 4 Letter Noob and in the domain name market! As always, opportunity never ceases to present itself.

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~ by Reece on July 2, 2008.

8 Responses to “What a Week!”

  1. why is it a very large crash? 3 names at around $6,500 is hardly a very large crash. Are you sure you are not being blinded by your love of 4 Letter coms

  2. I’m glad that I’m not the only one who sees trouble in the LLL.com market! I was beginning to doubt my own eye.

    And yes, I’ve seen LLLL.com prices stabilize over the last week or so and maybe even move upwards slightly.

    Can’t wait to see your makeover!

  3. Steven, that’s a crash of 20 percent off what they would have fetched even just 2 weeks ago (~ $8000 each), so yes, in my books that’s a fairly large crash 😉

  4. Reece – just out of curiosity, what would you consider “very large”? 10%, 25% or more?

    Exciting news on the redesign and expansion. I look forward to seeing the results.

  5. Thanks Kellie! 🙂

    For the LLL.com market and it’s half-decade history of month-over-month appreciation I would consider anything over 10% to be significant.

    We’ll have to wait and see what happens over the next few days, however with 50+ LLL.coms for sale on DNForum (within the last week) as we speak, it looks like the situation will be getting worse before it gets better.

  6. By definition a crash is a fall of 20% or more in a short period of time, between 10%-20% is a correction. Reece said “LLL.coms are finally seeing the first signs of a very large crash in years” which I think is correct. At this point I would say the lowest quality stuff is down approiximatley 20% and the better stuff is down 30% or so. Personally I’m still continuing to sell mine, I still think current prices are inflated and will come down to the $3000-$4000 levels at the minimum in time.

    Regarding LLLL.coms having “finally stabilized” I don’t really think this is the case, if prices have stopped falling I suspect it is short term probably. There is still going to be strong ongoing downward pressure in that market for months. I’m sure in both these markets there will be people moving in looking for bargains, whether they actually get any bargains is another thing entirely. “Less than yesterday’s price” and “bargain” aren’t the same thing.

  7. I will be happy to sit back and scoop up the 4 letter bargains. I just picked up 5 triple premiums for $150.

  8. Great job Jeremy!

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