[twelve40]

cause it was a lot of money for a gamble that turned out nicely, and also she probably does something more inspiring with that domain than a broker?

[markdown]

> broker

Is that the whitewashed version of "squatter"?

[jacquesm]

Broker:

Middle man during a transaction, ties seller to buyer.

Squatter:

Someone who knowingly infringes on another entity's legal rights hoping to sell the domain name to them at a premium lower than what it would cost to take the domain by force through legal action.

[wolf550e]

I guess with domains, "squatter" is one who buy lots of them for cheap without knowing which (if any) will turn out to be useful, and "broker" is one who buys few expensive domains intending to resell them, like real estate.

[markdown]

I guess one can make that distinction.

In my dictionary a squatter is one who meets this criteria:

1. Buys a domain with the sole intention of reselling it for profit.

2. Does nothing with it while sitting on it... ie. doesn't develop a website one it other than a shitty squatter landing page.