LLL.com Prices Falling
June 26, 2008 · Print This Article
On June 7, 2008, I blogged that I thought LLL.com prices were about to fall. It has indeed started to happen. It looks to me like prices have fallen about 10% since that post.
According to the June 1, 2008 3Character.com Price Guide, the minimum wholesale price (regardless of letter combo) of three letter dot com domains is $7,600. However, in the last week, there have been a number of LLL.com sales at or below this amount.
The first one I noticed was at Bido. On June 20, 2008, RYY.com closed at $7,124. At the time, I thought that this was simply the venue – Bido is a new place and this was one of the first auctions they held. However, I now think that Bido indeed obtained fair market value for the domain, and the lower price was because the market had fallen. This is because over the last few days, there have been several sales of three letter dot com domains below or at the $7,600 mark.
Other recent LLL.com sales that I’ve seen include XKD.com for $7,100, IQD.com for $7,600 (not below $7,600 but a very low price for a domain with two premium letters), JUA.com for $7,600 (again, not below $7,600 but a low price for a domain with one premium and one semi-premium letter), and BIY.com for $7,400.
In rough terms, that’s about a 10% drop since I wrote that blog post. I still believe that LLL.com domains will continue to fall, and I still recommend selling them, as current prices are inflated. If you sell your 3 letter domains in the next little while, you should still do well.
As in my previous post, I want to emphasize that long term I’m bullish on LLL.com – I’m no LLL.com hater. However, there is no sense holding on to them when you will be able to rebuy them at much lower prices in the near future.
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