New to this

[Philnorris]

Hey just a quick note to introduce myself, i am Phil Norris from DomCollect. I am interested in any .co.uk's and .com's you may be interested in selling.

Many thanks

 

[retired_member6]

domcollect.co.uk

 

[Philnorris]

Hilarious

Oh wow the humor is killing me, Lee I hear you you have a reputation to uphold

 

[retired_member6]

Oh wow the humor is killing me, Lee I hear you you have a reputation to uphold

You don't want it then.

I also have these going cheap http://www.acorndomains.co.uk/fixed...663-expiring-domains-inc-pianoroom-co-uk.html

 

[Paullas]

welcome to AC Phil, what happened to heather then is she still there

 

[Philnorris]

Heather

Ohh Heather is still with us but as a company we are expanding, I will slowly take over some of Heather's work load and allow us to increase our productivity.

Cheers

 

[Paullas]

Ohh Heather is still with us but as a company we are expanding, I will slowly take over some of Heather's work load and allow us to increase our productivity.

Cheers

good stuff.

 

[retired_member6]

good stuff.

Bad stuff, sedo should stick to what theyre supposedly good at.

 

[rob]

Oh wow the humor is killing me, Lee I hear you you have a reputation to uphold

Mr Pot, my I introduce Mr Kettle?

Have some quotes from Acorn found after a quick search:

Wasted my time last year in an almost identical way, with the cherry on the cake being a laughably low (if I'm being generous - insultingly low, if I'm not) bulk offer that represented less than I sold one of the 40-odd domains in question for a few weeks later.


basically now they are offering me £66 per .co.uk domain name for 150 so £10k for 150 .co.uk domains now if that isnt taking the piss i dont know what is.....

the feedback ive heard from other domainers today i would recomend anyone who is dealing with them to do some reasearch first.

nothing but a waste of time for us last year.

I sent them my portfolio, they handpicked hundreds of the best traffic/rev. domains and made an offer of well under 12 months rev. A month later I sold 3 of the domains for more than their offer for the lot! Complete waste of time................

Also remember the classic statement by Sedo Sedo does not buy or sell domain names. We are purely a marketplace through which domains can be sold or bought. Which was found to be untrue by UnitedInternet documents indicating DomCollect are 100% owned by Sedo.

Reputations are hard earnt and very easily lost... the above is from 2007/2008 I think so could be worth giving an insight to what has changed?

Cheers,
Rob.

 

[Philnorris]

DomCollect.co.uk

One word "Trademark".

Sedo are doing what they are good at!!! They also have a reputation to uphold! Just not under the same parameters as yourself!!!!

 

[bb99]

Hello Phil

Welcome to the forum

In the past I've heard that Dom Collect only really buy based on a multiple of parking revenue and insist on the ballache of you parking your domains with Sedo before buying (so they can check the traffic/revenue).

Is this still the case or will you pay good money for decent generics on the domain name alone?

Sorry if it wasn't, I'm just repeating what someone else told me!


Edit - I see Rob already posted similar whilst i was typing. It wasn't him who told me in the first place either!

 

[retired_member6]

One word "Trademark".

Sedo are doing what they are good at!!! They also have a reputation to uphold! Just not under the same parameters as yourself!!!!

What trademark, are you going to pussy foot around with your collection and claim trademark with me? I can tell you're just an employee. Go back to your legal team and tell them about the hornets nest you're about to open.

 

[rob]

One word "Trademark".

Do Domcollect register trademarks as domain names ?

 

[Philnorris]

Thanks for your input Rob,

Competition is always healthy

 

[rob]

Thanks for your input Rob,

Competition is always healthy

My 'input' was a question, it seems echoed by BB99 ie. you used to aquire names based on very low rev multiples - is this still the case?

I wont even ask what would happen if I requested a Sedo Aquistion service on a Domcollect name

As for competition, I dont do mass registrations or test traffic before purchases let alone offer based on multiples of earnings so I dont think we will be competing on the same calibre of names

 

[bb99]

I just tried to buy signwarehouse.co.uk from them and they came back with a price of £7000, with traffic of just 12 uniques per month!

Sounds like they're getting one thing right: buy low, sell high.

 

[Edwin]

My experience with DomCollect has been A) very friendly bunch but B) laughably, thigh-slappingly low offers for decent generics, based entirely on a ridiculous "multiple of earnings" basis as if they were hot potato TM domains. Good people to have a drink with, bad to do business with, if you're a seller.

As several others have asked, "Has this changed?"

If not, I'd suggest this is just a total waste of time...

 

[DomCollect]

clarifications

Good day boys

Glad to see you are getting acquainted with one of my new colleagues, Phil. Please do make him feel at home on here and if you have any questions regarding sales and portfolios, please do not hesitate to contact him directly at [email protected] or +41417109364.

Allow me to make sense of some of these posts for all readers:

1) In terms of portfolio sales we do ask all sellers to provide the following information: domain list, traffic and sales price. Without this information both parties will lose time in the negotiation process. In some cases if there are no traffic stats we do ask for a traffic test, but there are exceptions to the rule.

2) We look to buy the resale value of the domains--we are not end-users.

3) There appears to be some crossed messages between Rob and Phil in terms of replies, which was not intentionally meant to happen.

4) Paul--thanks for asking after me! Am still here at DomCollect and glad to have Phil on board.

5) Rob--as per your quotes:
a)initial quote--the seller and us were within the same sales bracket (6 digits)
b)second quote--sales price was 20 gbp less than what the seller originally wanted and in the end the seller accepted it--doubt it was taking the piss of anyone
c)buyers and sellers alike should do research
d)fourth quote--portfolio had 25% tms (trademarks), which were primary top-earners. We are not interested in tms. Seller decided not to sell complete portfolio.
e)fifth quote--portfolio had many tms. Sales expectation would never have been refinanced.

6) BB99--hope the above answers your questions/concerns about the parking test.

7) Sean--Hugo works for Sedo and contacted me separately about the domain. I had advised him that the bid you placed was the minimal offer we allow in the Sedo system for our domains. 7000 was a projected sales price. However if you have questions about our domains and their prices, it might be best to directly communicate with us. Above you will find our contact information.

Hope this helps everyone out!

Cheers,
Heather

 

[Edwin]

5) Rob--as per your quotes:
a)initial quote--the seller and us were within the same sales bracket (6 digits)

Not the case. The initial quote was from a post I made. We were out by a factor of approx 600% at the point I gave up on the negotiation as a waste of time (and that was after over a dozen back and forth emails, including sales and revenue stats). That's like trying to buy a 500,000 pound property for 80,000 pounds - no seller would countenance such an offer with a straight face!

A "6 digit sales bracket" has a range of 100,000 pounds to 999,999 pounds - there's no way that somebody towards the very bottom and somebody working at the top can be remotely in the same "ballpark" so please stop spinning it as if that was the case. At the point we gave up negotiating, the gap between us was as wide as the ocean.

 

[retired_member6]

Hello Heather,

Setting no reserve and countering a £50 offer with £10,000 I understand, setting a minimum bid of £300 and then countering with £7000 makes no sense because your minimum bid amount is setting a price expectation that bears no resemblance to the actual asking price. Hugo rang me and also laughed at the price and said it was probably a mistake so would ring to check you hadn't mistyped an extra nought.

Not to worry, I suppose if signwarehouse.co.uk is worth £7k my signwriter.co.uk must be worth £50k so happy days!

To be a sister set up of sedo must be a very nice position to be in, expecially when they spend £150k minimum on new domains each year, but they buy a lot of rubbish so they have to cover that with outragous prices I suppose.