Displaying posts under "Domain Sales"
Celebrity chef among end users who bought domain names last week.
Celebrity chef Paula Deen, who experienced a spectacular fall from grace last year over her prior use of racial slurs, is making a comeback with Paul Deen Ventures. She’s launching a subscription service called Paula Deen Network (PDN). She just made a smart move by buying the domain name PDN.com for $27,900, which is a heck of a deal.
That was just one of many end user domain name purchases at Sedo last week. Others are below.
Logics.com $50,000 – Tax software company Intellirose, which has a product called irsLogics. They recently purchased Logiqs.com for $1,999.
Telectiy.com.au 900 EUR – TelecityGroup International Limited, which operates data centers.
VBank.co.uk $854 – Vanquis Bank Limited in the United Kingdom.
Shizzle.co.uk 850 GBP – Shizzle Labs Ltd, a startup in London building a mobile app called Shizzle.
EuroShopping.ch 5,000 EUR – French company Teleshopping
Champions.club $1,500 – Champions Club Pvt Ltd in Goa, India.
Klara.com 6,000 EUR – GoDerma GmbH, a company that lets you get a remote diagnosis from a dermatologist. This seems to be some sort of brand for them.
ITLworld.com 3,750 EUR – ITL Leisure Tourism & Travel Co. in Saudi Arabia.
HugoOK.com $1,295 – Choctaw County Development Association in Oklahoma. Hugo is a city within the county.
ImmortalityNow.com $1,500 – Vitamin and supplements company LifeExtension.com Inc
YesTV.com $2,500 – Crossroads Television System in Burlington, Ontario
eCom360.com $3,000 – ecom360 GmbH, which owns the matching .de domain name.
Consolair.com $1,450 – ConsolAir Inc., which owns the matching .net domain name.
AirRefund.com 899 EUR – Business travel company 3mundi.
MSIBenefits.com $799 – MSI Benefits Group, Inc. in Kennesaw, Georgia. They own MSIBenefitsGroup.com.
Matrix.org $7,999 – Mobile technology company OpenMarket.
ClipsonDemand.com $6,988 – Wiluna Holdings, LLC, which sells clips.
VitaPlus.net $1,500 – Dairy/livestock services company VitaPlus.com. They use the matching .com.
InClass.com $5,500 – Avantis Systems, provider of classroom tablets under the LearnPad brand.
LoveTaste.com 899 GBP – Beverage company LoveTaste, which uses the matching .co domain name.
BusinessTitan.com $1,500 – Media Titan, Inc in California.
OPEX.com $3,288 – Mailroom automation and scanner company OPEX Corporation. They use the matching .com domain name.
Heritage Auctions’ latest domain name auction goes well.
Heritage Auctions latest domain name auction has concluded with $773,876 worth of domain name sales. That doesn’t include after-auction sales, which almost always increase the total sales number.
That total (and the prices below) include a 15% buyers’ premium. Including the premium best represents the actual price paid and makes it apples-to-apples with auctions win which a commission is deducted.
Digital.com sold for $373,500 to take the top spot. Cute.com sold for $230,000. It was a long way down from there, but multiple domain names sold for good five figure prices.
The headline domain for the auction — bitcoins.com — was withdrawn due to ongoing legal and bankruptcy issues with Mt. Gox.
Here are all of the sales:
Several domain name auctions end tomorrow, including two online-only auctions.
The big fireworks may come from the Heritage Auctions domain name auction tomorrow, but there are two other auctions ending as well.
Sedo’s monthly GreatDomains auction concludes tomorrow at 12:00 pm EDT. So far three domain names have hit their reserves, including the head-scratcher LosAngeles.de at 3,000 EUR.
The two letter domain name BL.com has been bid up to $172,500, which is below its reserve of between $250,000 and $500,000. Him.com is up to $50,000 and has a reserve somewhere between the current bid and $100,000.
SnapNames, which is now part of Web.com, is running a summer auction that ends around 3PM EDT on Thursday.
Nine domain names in the SnapNames auction have met their reserves. Josu.com is the highest to meet its reserve so far at $1,300. The highest bid in the auction overall is WY.net at $10,500. The reserve on that domain name is between the current bid at $25,000.
Geo domain has a pretty good first day with nearly 10,000 domain name registrations.
.Tokyo launched earlier today and now has 9,598 domain names in the zone file. That means day one adds were near 9,000.
This is by far the largest city to launch a new top level domain name so far, and the numbers seem fairly good.
One Domain Name Wire reader pointed out that Japanese companies often advertise for people to search for them, not type in their domain name. We’ll have to see if habits change in the long run.
The majority of names were registered at GMO’s domain name registrars. That’s the same company that launched .Tokyo. This isn’t a surprise given its market position in Japan.
.Tokyo domain names are open to everyone. Another big geo, .London, will also have open registration after locals get first dibs. .NYC will be a closed geo domain open only to residents and businesses in New York City’s borders.
Appraising homes is easy compared to valuing domain names.
Texas doesn’t have an income tax. But the state needs revenue from somewhere, and in Texas that “somewhere” is mostly property taxes. Every year I have to pay about 2.4% of my home’s value in property taxes.
This steep rate creates a bit of a dance each year. The counties appraise homes by an automated system, kind of like Estibot. Then you have to argue with the county that the computer-generated appraisal is wrong.
That’s how I spent my morning. Arguing that something I own is worth less than an appraisal.
It strikes me as a sharp contrast to what we’re wired to do. We spend our days arguing with people that our domain names are worth more than other people think the are.
The truth is, the county’s version of Estibot isn’t that bad. Unlike with domain names, comps are reasonably easy to pull. Even though many of the homes on my street are 20 or 30 years older than mine, there’s a model for taking this into consideration.
I’m looking at my appraisal right now along with a sale of home across the street. The county knows how much that home sold for last year. Then it adjusts.
First it adjusts for the quality of the build. Then the condition, age, home features and size. That comes up with a number.
Try comparing just two houses like this and you might get a wacky number. So they compare it to about five homes in the neighborhood.
A perfect number? No. But it’s directionally correct.
I can’t say the same thing about domain name valuation. (I’m not just talking about Estibot here. Estibot does a fine job of highlighting the factors to consider in domain valuation).
The issue with domain valuation is two-fold: an almost complete lack of comps and the unique nature of every single domain name. There are no square feet to compare. No depreciation to adjust for. Each domain name is completely unique.
Indeed, we work in an extremely inefficient market. That creates great challenges and opportunities.