Sedo just released great news–they sold Website.com for $750k! Their press release is reprinted below:
Cambridge, Mass. – July 20, 2005 – Sedo, the leading online marketplace for the buying and selling of domain names, today announced the domain name website.com was sold for $750,000—marking the highest valued domain sale of 2005. Prior and throughout the transaction process, website.com was supported by Sedo’s Premium Domain Brokerage Program, which enabled the domain seller to generate substantial interest in the domain. In addition, Sedo facilitated each phase of the negotiation and domain transfer process.
“The $750,000 price tag of Website.com represents the highest-valued sale in the domain name market this year, and Sedo is honored to serve as the marketplace that matched its seller with an eager buyer,†said Matt Bentley, CEO of Sedo.com. “By utilizing Sedo’s premium domain brokerage program, website.com was able to maximize interest among domain buyers, enabling the seller to get the optimal price for a premium domain name.â€
Sedo’s Premium Domain Brokerage Program is dedicated to exclusively selling premium domains, those .com domains that inherently generate high-traffic and high revenues even before they’ve been marketed or developed into a website. While thousands of valuable domain names are for sale at a given time, Sedo brokers generated interest in website.com by distributing news that the domain was for sale through major forums and media outlets, as well as directly contacting many industry leaders to alert them of the opportunity. With the support of Sedo’s Premium Domain Brokerage program, website.com received more than fifty serious bids — from companies in the domain name, Web hosting, and Web design industries.
Sedo’s Premium Domain Brokerage services have supported many of the highest domain sales in 2005, including Chat.de for $470,000, the third highest valued sale of the year, and Uruguay.com for $175,000, the fourth highest valued sale of 2005.
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