January 28, 2026

Here Are The 4 Mistakes Almost Every Rookie Domain Buyer Makes

written by

Joe Uddeme

Here Are The 4 Mistakes Almost Every Rookie Domain Buyer Makes

From emotion-driven, domain name buyers, to buyers getting caught up in the hype, these are the 4 things rookie domain name buyers tend to miss.  Name Experts founder Joe Uddeme outlines the things to avoid when buying a domain name.

A few years back, a friend of mine regaled me with the story that he’d bought abedtonight.com for 10 bucks. He was convinced he’d quickly flip it for a couple of grand.

He was adamant that he’d found a unicorn – a rare domain name that is both super-valuable but hasn’t been snapped up yet.

I wished him every success, but I knew the reality. He’d bought a $10 name that was worth about ten dollars.

While abedtonight.com could certainly work as a brand name, it fell at the first hurdle:

No one had a business of that name, and no one was looking for that precise URL.

I can imagine his pitch when trying to sell it:

  • “Hey, Mr Investor, how would you like to build a new online hotel booking service for a few hundred grand, and I’ll sell you a fantastic domain name to go with it?”

Not only would an investor likely laugh off such a pitch as insanely generic/borderline insulting, but they’d also point out an obvious flaw in your plan:

  • “What about bookabed.com or getabednow.com?”
  • “In fact, isn’t there already a laterooms.com out there doing great business?”

So here’s the first rookie lesson, which luckily wasn’t an expensive one for my friend to learn: don’t believe the name you’ve bought or are considering buying is as valuable as you think.

It usually isn’t.

Disappointed man looking gloomy

 

Domain name mistake #2: buying into hype

Every year or two, a TLD (that’s the bit at the end of your domain name, such as .com or .org) gets hyped to death because it suddenly reflects the cultural or economic landscape.

There’s a long list of guilty parties. They include:

  • .book
  • .love
  • .cm

But when great .com names are so scarce, it’s no wonder that people clutch at straws.

Here’s just one concrete example: Nu Dot Co LLC won an ICANN auction (for $135 million) in 2016 to launch .web as a rival to.com – but it never took off for a whole bunch of reasons.

The result? Potentially billions in projected revenues quickly vaporized.

There have been a couple of notable exceptions to the hype rule, such as .io and .ai, but nine times out of 10, the best name will be .com.

Quite simply, if you want a .com and it’s a good one, you’re going to have to dig deep for it.

Large pile of gold bars

 

Domain name mistake #3: no clear vision of the end user

There are hundreds of thousands of two-word domain names, such as fastcars.com or dreamhomes.com.

And because the combinations are near limitless, it is still possible to come up with a decent two-worder that you cannot believe no one owns.

I just tapped fastwool.com into a domain reg tool, and this short domain name is all mine for 10 bucks.

This is a reasonably snappy, memorable name, and it would be easy to convince myself of its value to a new business selling high-quality fleeces or shawls.

The reality, though, is that I’m imagining an end user and vast market size without verifying this in any way. By doing some research, however, I may quickly realize:

  • The market is smaller than I thought
  • It is dominated by two or three major players
  • Sales of such products are dropping
  • Entering the marketplace requires at least 100k startup capital

…or a thousand other things that would make me back off.

It’s true you can still land on a great two-word name, but you’ve got to do your homework, looking at Google Trends, checking out possible competitors and so on.

When searching for a powerful band name, “this just feels right” rarely plays into it.

Domain name mistake #4: paying way over the odds for a domain name

Sometimes a name will punch you in the gut. You’ll just know this is the name for your new brand, and you’ll want it at all costs.

Thing is, it’s listed at $50,000.

But you’re flush with VC cash, and you decide to buy it – without spending any time/money researching comparable names or learning some domain name negotiation skills.

Or – worse – forgetting to check the domain name history.

Once you’ve bought it and find out it was once an adult site, you can’t just ask for your money back or press rewind so you can begin your brand name research properly this time.

You’re stuck with a $50k white elephant you can’t get rid of – and you still don’t have a name for your business. Brand name mistakes like this are surprisingly common.

Computer keyboard with '18+' key

 

Buyers are programmed to buy at the lowest possible price — no matter the commodity. With domain names, many buyers have a hard time understanding these assets are extremely valuable. Monetized properly, they are foundational brand assets, built on the beachfront — lasting a lifetime.

Joe Uddeme, Founder and Domain Broker, Name Experts

How I turn these domain name tips into sensible buying strategies

A domain broker with years of experience will help ensure you buy the right name at the right price.

This is what I do for each client:

  1. Take a demand-first approach – I’ll reverse-engineer the value of your name according to the industry you’re in or are targeting.
  2. Perform a comps deep-dive – based on real sales data, not hype.
  3. Do a traffic/backlink/history audit – it’s the best way to get the inside scoop on what you are interested in buying and provide an accurate brand name valuation.
  4. Create an exit map – if you’re buying to sell at a later date, I’ll help you work out your buyer (and the depth of their pockets) before you make an offer.
  5. Agree on a budget and portfolio cap – no getting carried away or emotional bidding; no sprawling portfolios you quickly lose track of.

I’ve seen these fixes work repeatedly.

And when coupled with more than 16 years of negotiation skills, I put these tactics to use to protect domain name buyers from the many pitfalls that so many others have encountered before them.

So don’t let hyped domains drain your wallet – book your free domain name strategy call with me today and turn guesswork into profit.

 

About the author

Joe Uddeme is Director and Principal of Name Experts, one of the world’s leading domain name brokerage services. He has overseen domain name sales and acquisitions totaling more than $150 million and is renowned worldwide as a go-to expert in buying and selling premium domains. Contact us at: [email protected]

 

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Open the dictionary and pick a word – the .com of that word will almost certainly be gone. So, where do you begin when choosing a domain name that will help your business grow? NameExperts.com Director Joe Uddeme walks you through the whole process.   One of the most important decisions you’ll make about your business is the domain name you choose to acquire. The domain name you give your business is crucial because it becomes your identity on the web. You want it to reflect your brand and fit your business, but you also need it to be easy to find and promote. Acquiring a premium domain name is definitely the way to go, but choosing one can be difficult. What criteria should you be following to make sure you end up with the very best when you buy a domain name? This post is a little different to the others on the NameExperts blog – it’s a list of six key pointers to consider when choosing a domain name.   1. Pick a Short Name When You Choose a Domain What You Want to Avoid: When you’re just starting out playing with domain names to choose it can be tempting to combine all your ideas into one long domain name – like UsedCadillacsInTexas.com. However, while that may make it unique and descriptive, it may hurt your branding. What to Do Instead: A short name is easy to remember, easier to spell, and thus, has a better chance of becoming a household name. It also makes it easier when you want to branch out into branded items, or you want to create a logo, etc. Unfortunately, all the very easy 3-letter names were all taken as early as 1997, but there are plenty of others available that are appropriate. The shorter your domain name is, the easier it is to share through word of mouth. It’s also easier to type into your search bar, especially if you’re using a phone.   2. Pick Something Easy to Spell, Pronounce, and Remember What You Want to Avoid: A name that is difficult to spell can negatively impact your traffic because it can mean that users don’t land on your page. They might even end up with a competitor instead. You’ll also want to avoid using multiple spellings and the use of hyphens, numbers, or special characters. Your customers will often misunderstand numbers or misplace hyphens. People who hear your web address might not know whether you’re using a numeral or if it’s spelled out. What to Do Instead: This name needs to be easy to remember. Your customers need to be able to spell it correctly and pronounce it easily, so that they can easily share it with others (check out our guide to choosing a strong brand name for your business). Imagine you’re naming a child – you want something unique for your site, but you also don’t want a name that will create difficulties because of spelling or pronunciation. Every ‘Steve’ whose parents opted for ‘Steeyve’ or ‘Stëeve’ will tell you that being ‘clever’ with a name rarely works. If you absolutely need to include special characters or terms that are more difficult to spell in your domain name, make sure you register different variations of it to be safe. Some of the most famous and brandable names out there are extremely simple: Google. Facebook. Amazon. Apple. These are giants who created an excellent product or service, but who also knew how to brand themselves by acquiring premium domain names.   3. Use Relevant Keywords What You Want to Avoid: A word of caution here – if your domain is entirely made up of keywords, you run the risk of creating a brand that sounds too generic or unrecognizable. Especially if you’re starting a blog or a personal page, you need something with a bit of personality. What to Do Instead: You’ll notice that a lot of the heavy players have names that are composed of two words, and one of them is usually a keyword. 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The most important things to remember when choosing what domain to acquire is that it should be something easy to spell and remember, it should be non-trademarked, and it should ideally include a keyword. If you manage to find the perfect one, purchase every variation to make sure that you can take advantage of 100% of the traffic going to these domains. Buying premium domain names for a business can be pretty complex, which is why many people turn to an expert domain broker for help. Brokers know all the ins and outs of securing a great name and are adept at negotiating the best price for the buyer. Check out our guide to the best domain brokers of 2025 for more details.   About the author Joe Uddeme is Director and Principal of Name Experts, one of the world’s leading domain name brokerage services. He has overseen domain name sales and acquisitions totaling more than $150 million and is renowned worldwide as a go-to expert in buying and selling premium domains. 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