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Wanted: Domain Appraisal NewYork.cab

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New York - I'd say 'cab' was a better bet. 'Yellow Medallion' and 'Checker' cabs e.g. Nice domain.
 
I read on another forum this guy claims to have turned down a $50,000 offer for this domain.
Really thats the same cabs.com sold ? I know which has more commercial appeal atm also as the market tends to be going down the apps route hailo uber guess if one of the giant NY firms liked it but do they need it? Although with medallions going million or more a pop stranger things have happened ? Can't see a domainer ever paying that much be interesting how market for the new TLDs pans out though good luck with it I'd have taken the 50k ? Interesting the price variation on flippa
 
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Really thats the same cabs.com sold ? I know which has more commercial appeal atm also as the market tends to be going down the apps route hailo uber guess if one of the giant NY firms liked it but do they need it? Although with medallions going million or more a pop stranger things have happened ? Can't see a domainer ever paying that much be interesting how market for the new TLDs pans out though good luck with it I'd have taken the 50k ? Interesting the price variation on flippa

While i do think this domain has value i'm extremly sceptical of the supposed $50k offer. For me the big thing is this, there will be a few big sales in the new gTLDs but these are few and far between, you will get a few decent sales in most extentions if it's a keyword such as casino,love,money etc..

The majority of the cream of each extention wil have been reserved by the registars and sent to auction no doubt. Call me a cynic but i do think some folk on various forums are affiliated with new registrars of the gTLDs.
 
There is a big push in new york at the moment, where cabs are giving free rides because of the launch of .nyc, I didn't see cabs.nyc listed, which you would have expected.

I'm a little behind on my reading (due to illness), maybe someone else has more on this.
 
I was a big fan of the Ntld's but have been having second thoughts of late. And this domain is perfect example of why

NewYork.Cab

First it's a beautiful domain name. Really can't fault it looks wise. Meaning is all there.

The problem starts however when you try and imagine a potential buyer. If the buyer is a fellow domainer they price will be low as you are merely selling it to someone who hopes to profit from it themselves.

If you then imagine your potential enduser buyer imagining his/her customers then things get even more depressing. Do my customers want 'NewYork.Cab', isn't that going to be confusing with all these suffixes??hmmm... better go safe route and get myself a dotcom I think... sort of thing...

So okay you find an end user. But it's only really useful to a large cab company in New York. So why would they pay top dollar for this when if they got top dollar to spend it's just been demonstrated they could have Cabs.com for $50k or better still BrooklynTaxis.com, you know the area they actually cover?

Why would a small/medium sized cab company want it when they only cover parts of NewYork not the whole of the city?

So the more you think about it. That is you want to sell for big bucks the more you have to accept it's quite a long shot for that sort of deal to happen.

Another problem is the entire idea of having multiple suffixes is getting a bit out of hand. You are literal getting all grammatical variations of the same word coming out. .finance & .financial

So it will be .cab, .cabs, .taxi AND .taxis sooner or later. Given you have very little hope of getting all 4 suffixes which have exactly the same meaning the value of your particular gem is devalued by a factor of 4 straight off the bat.

So typical value of a domain like this and that's top end value for what I see out there is about $2000.

And this is what the industry is aiming for. Domains for everyone and such a model means the value of each individual domain isn't going to be that high except a small proportion of the truly exceptional which this isn't.
 
Just write letters to potentially interested parties and ask them to make an offer.

I think it's a nice domain because it's short and memorable.

Rgds
 
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