360.org domain was purchased for only $2,000 a year ago.
Sedo has completed the sale of 360.org for $25,500. The seller is likely to be familiar to people on DNForum, as active member “Acro” (Theo Develegas) flipped this domain for about a dozen times what he paid for it.
On his blog Acro.net, he details the negotiation process and how he’s thankful he didn’t sell the domain earlier. He listed the domain with a $6,000 reserve at a TRAFFIC auction, but the domain didn’t sell. Then he turned down a $10,000 offer:
Right before Christmas, the second inquiry started with a low offer of $2,000 via Sedo and ended at $10,000 with the bidder withdrawing their bid when I asked for more. Now, I am not one who shuns ten grand easily, as it represents a considerable amount of money; after the bidder canceled their round of offers I had that clutching feeling in my stomach thinking, “Did I just throw $10,000 in the garbage?â€
By working with Sedo, he was able to get the buyer to place another bid. After a bit of negotiation they settled on the $25,500 number. The domain is still in Sedo’s hands so the buyer’s name isn’t in the whois database yet.
Here are Sedo’s other big sales for the week:
boutiquehotel.com 40,000 USD
captchacreator.com 30,000 USD
season.com 28,302 USD
pokerpals.com 25,000 USD
pornphone.com 13,000 USD
ontopic.com 10,000 USD
dimotoo.com 7,000 EUR
prickie.com 6,600 USD
osrl.com 6,500 USD
grouphotels.com 6,055 USD
planbar.com 5,900 USD
h-online.com 5,500 EUR
p-a-g.com 5,000 USD
sedas.com 5,000 USD (silk in Spanish)
dubaiemirate.com 4,990 EUR
slots.eu 24,000 EUR
kos.co.uk 15,000 GBP
photo-libre.fr 11,100 EUR (photo book in French)
ebooking.fr 10,500 EUR
roentgen.de 10,000 EUR
olx.com.au 7,000 USD
camiones.com.mx 5,000 USD
jb.eu 4,975 EUR
wy.net 7,100 USD
wrecker.net 6,300 USD
medica.net 5,288 USD (medical in Italian)
Great news on another top domain sale!
360.org is a great domain and has lots of scope!
I cant wait to see what the buyer does with hopefully not just sit on it or park!
Congratulations to Theo on a very successful negotiations.
Congrads to seller
Kevin Ohashi says
Nice sale for theo
David, thank you for the dedicated post. It was an interesting exchange and I described it hoping that more domain sellers will gain confidence in their transactions. By the way, how did you find out the price; it’s not listed at Sedo.com as far as I can tell.
Andrew Allemann says
@ Acro – it’s Andrew, but that’s OK 🙂
Sedo distributes its sales data to me.