Investing in Virtual Real Estate - Speculator, Investor Or Developer?

Although the Internet's formative years stretch back$5,100,000 - Sold for $5,000,000 2000 -Sold for
to the late 1960's, the year 1995 is generally$5,500,000 - Sold for $3,500,000
accepted as the year that marked the beginning ofWhile some were businesses attached to these
the web as we know it today. It was also the yearnames, some were not. By now you might be saying
that two present-day giants kicked off theirsomething like - "The good one-word, English, generic
operations. They were eBay and Amazon.names are all gone." That is only partially correct as
As we have come to know with many innovatorsyou will see from another list:
with a vision, these were operations which had theSold for $3,000,000 Sold for $3,000,000 Sold for
decided advantage of being there first with a$1,659,000 Sold for $1,600,000 Sold for $1,500,000
product, service or concept. Yahoo was anotherSold for $1,230,000 Sold for $1,020,000 Sold for
concept that claimed this early dominance. In recent$1,000,000 Sold for $1,000,000
years Google has surpassed Yahoo, but a recentNote that, as one-word generics are snapped up, the
alliance with Microsoft and Yahoo may go some waytwo and three word combinations tend to grow in
to redress the current market position enjoyed byvalue. At this stage we have only discussed the
Google. Note here that these enterprises combined anames with the most valuable extension, ) A year or
traditional business model of brand-building combinedtwo ago, names having.net or.org extensions could
with their inherent 'here first' position. It also tookbe purchased relatively cheaply. In this booming
them several years to achieve their current status.market, that was only a temporary situation. It may
They, like many others, suffered when the 'dotcombe no surprise then, to hear that Poker.org sold
bubble' burst in early 2000. The NASDAQ stock indexrecently for $1,000,000! This obviously illustrates a
had virtually doubled in value from the previous year.trend for a product or investment vehicle that has
The ensuing crash wiped out $5 trillion in marketlargely weathered the cyclical storms that more
value of technology companies from March 2000 totraditional financial instruments have had to endure.
October 2002. This downturn then seem to translateAlthough this statistical information provided here is
to the bricks and mortar sector with the sub-primethought to be largely correct, it has been drawn
crash of 2008. This market has still not recovered.from various sources around the Internet. Verification
Note here also, that a similar situation that happenedis advised via, either domain registry companies or
earlier in Japan has not been fully resolved even afterindustry publications such as the DN Journal. Most
a decade and a half. The interesting point to notedomains sold today will go for far less than those
here, is that domain name investment has notlisted in this article, but if the one you really want is
suffered the same 'boom and bust' cycle that hasregistered by someone else, you may not have a lot
plagued other industry sectors. Another critical aspectof choice in negotiating a final price. As always, do
of Internet real estate had arisen in this same timeyour research as there is no definitive guidebook to
period. That is of generic, keyword domain names.pricing domains as there is with many other goods
Again, those with foresight were able to quicklyand commodities. You can also visit the website listed
secure these valuable addresses and resell them forbelow for more information and a list of keyword
a massive profit. Look at this list:domains that may suit your development or
- Sold for $9,999,950, - Sold for $7,500,000 - Sold forinvestment profile.
$7,500,000 - Sold for $7,000,000 - Sold for