LLL.com Prices Continue to Fall
July 2, 2008 · Print This Article
Previously, on June 7, I warned that LLL.com prices were about to fall. On June 26, I showed that prices had already began to fall. I hate to sound like a broken record, but today, evidence comes in that prices continue to fall further.
Today on Bido, the domain QVK.com closed at $6,730. A week ago, people were scoffing at the mention that a three letter dot com could sell below $7,000 – today one did.
I believe that this is an important result for two reasons. First, it was sold in an auction format. The auction was well promoted – by Bido’s general advertising, mentions in all of the domaining forums, and an ad on Domaining.com. Second, it’s a really low quality LLL.com. The barometer of the market is the “minimum wholesale price” and if a domain is going to command only the minimum, it is a domain like QVK.com. So, it could be said that this auction accurately portrays market prices.
As well, yesterday on TDNAM, FQV.com closed at $6,305 – again, another sub-$7,000 sale.
This string of low sales is not an aberration – it is the beginning of a trend. Expect to see more sub-$7,000 sales in the near future. As I’ve said before, it is time to sell your LLL.com’s.
Written by admin · Filed Under Domaining
