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Company wants to buy my domain! Sell out or not??
- Thread starter 617media
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domain squatting is technically sitting on a companys or individuals name in the intent to sell it back to them for profit
1. Only definite one: You get $800+ now.
2. You get 2-3x more in a few months.
3. You deny both potential buyers and they come back with much stronger offers.
4. In a lot of years from now you're offered a very significant amount of money for the domain.
5. Facebook buys the domain for a very high price.
6. Facebook gets the domain and you get nothing.
7. You create a successful site that prospers because of the domain name.
Different things that could happen, but the only definite thing is #1. If you want $1k now, take it. If you want to see what happens in the future, then there's always a lot of possibilities that could happen, but none of them may actually happen. Still, $50k out of nowhere is more life-changing than $1k.
2. You get 2-3x more in a few months.
3. You deny both potential buyers and they come back with much stronger offers.
4. In a lot of years from now you're offered a very significant amount of money for the domain.
5. Facebook buys the domain for a very high price.
6. Facebook gets the domain and you get nothing.
7. You create a successful site that prospers because of the domain name.
Different things that could happen, but the only definite thing is #1. If you want $1k now, take it. If you want to see what happens in the future, then there's always a lot of possibilities that could happen, but none of them may actually happen. Still, $50k out of nowhere is more life-changing than $1k.
It is true that eventually Facebook may just offer you $5k just to have it, and it's easier to buy outright, and potentially cheaper, than to get all legislative - but if you start using it as a business or some kind of commercial endeavour, you can bet Facebook will be down on you like a ton of bricks. It's their name. Even if they don't buy the domain, they can give you a lot of trouble if you start using their name without permission.
Be aware, however, that if at a later point Facebook itself wants that domain, they'll probably get it without paying you anything. It uses their name, which is a trademark. It's not like a common surname that you can claim rights to.
Just a thought. I'm not saying sell now, but if you wait long enough you might not get anything.
I reckon not if he registers 'Face Bookmarket Place' as his own business.
you're fooling yourself! The laws regarding trademarks don't allow you to use that kind of deceitful tricky spelling to get around the law
facebookmarketplace?
i'd sell now. I don't see them ever being interested in that. Who knows where facebook will be a year from now. Remember MySpace?
i'd sell now. I don't see them ever being interested in that. Who knows where facebook will be a year from now. Remember MySpace?
Idk it's not even that clear where the Marketplace is when you log into facebook... first time I tried to find it took me like 10 minutes
SELL SELL SELL!
When I read the thread this is the exact thing I thought of. Now I know I'm sane.
I don't even have a facebook account, so no interest is served in saying SALE SALE SALE
What is life changing money anymore? A million isn't even enough to retire on really anymore. It'll never be worth more than a few grand at most, a lawsuit at worst from facebook.
Decided to just sell privately for $1400.00 today....... was stressing me out too much and I have too many other things to deal with right now to keep looking into this.
Good decision or bad? I am just going to kill myself if facebook buys it from the people i sold it to for like 9 million dollars or something you know
Good decision or bad? I am just going to kill myself if facebook buys it from the people i sold it to for like 9 million dollars or something you know
I think you made a good decision. You turned $6.50 into $1400? good for you.
Facebook doesn't really need that domain to have a marketplace after all. They could do a subdomain........like Yahoo which has shopping.yahoo.com
A high amount of money, maybe $50k, may not be hugely life-changing, but you could use that to buy a lot more than whatever you have now. In the right hands, a million dollars could be turned into much more, or could at least be life-changing enough to allow you to buy a 1.5 million dollar house versus a $500k house and put you in a different class.
There was a low chance the OP could make significantly more, so the OP made a smart move.
http://apps.facebook.com/marketplace/
??
Why do you think "facebook" is going to need this domain SOO BADDDLLYY????
Sell it while you can still get money for it.
??
Why do you think "facebook" is going to need this domain SOO BADDDLLYY????
Sell it while you can still get money for it.
