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Angel.com domain name sells for $2 million

by — Domain Sales 10 Comments

Sedo broker Dave Evanson brokers megadeal.

Price tag image with price and "Sold!"

Sedo domain name broker Dave Evanson announced today that he brokered the sale of Angel.com for $2 million:

Based on historical Whois records from DomainTools, the seller is Genesys Telecommunications Laboratories, Inc. Genesys acquired teleco company Angel.com in 2013 and rebranded the product as Genesys Premier Edition.

The domain is currently pending transfer at the domain name registrar CSC.

The buyer is not yet known, but one prospective buyer is AngelList. It uses the domain Angel.co. [Update: the domain name forwards to Angel Studios, a group with crowdfunding platform for movies and other entertainment.]

This is the second public seven-figure sale of the year. Last year there was one public seven figure sale (Bullish.com for $1.08 million).

Escrow.com reports domain aftermarket rebound in Q3

by — Domain Sales 0 Comments

Domain sales rebound after sluggish Q2.

Chart showing domain name and website transactions at Escrow.com. Q3 sales totaled $77.5 million.

Sales at Escrow.com rebounded in Q3 2020.

The domain name aftermarket rebounded in the third quarter of 2020 after a dismal second quarter.

Escrow.com reports that it handled $77.5 million of domain name and website transactions in Q3 2020, compared to $55.2 million in Q2.

While many companies handle payments for aftermarket domain names, Escrow.com is seen as a bellwether for the market because it handles many private sales. It’s also the only large company that reports aggregate sales data each quarter.

Escrow.com blamed the Q2 drop on the pandemic and businesses holding off on closing deals.

Q3’s number is lower than Q1, but beat Q3 of 2019.

Transactions in the U.S. increased from $42.6 million in Q2 to $58.0 million in Q3.

The median price for domain name transactions in the quarter was $2,750, and the median for websites was $5,000.

Escrow.com’s full Q3 report is available here (pdf).

The domain sales stack – DNW Podcast #309

by — Podcasts 0 Comments

How Dan.com is building a tech and payments stack for domain name sales.

Picture of Dan.com founder Reza Sardeha with the words "The domain sales stack" and "DNW Podcast #309"

I’ve always thought of Dan.com as another domain landing page sales platform. But I walked away from my conversation this week with founder Reza Sardeha with a new way to describe it: Dan.com is a technology and payments stack for domain sales. You’ll understand what I mean after listing to this week’s newsletter.

Also: Still no .com price hike, Wines.com dispute, PayPal woes and more.

Sponsor: Donuts

Podcast: Play in new window | Download (Duration: 28:45 — 23.1MB) | Embed

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Subscribe via Apple Podcasts to listen to the Domain Name Wire podcast on your iPhone or iPad, or click play above or download to begin listening. (Listen to previous podcasts here.)

Why Squadhelp’s new white label marketplace is worth a look

by — Services 5 Comments

A lot is going on under the hood with Squadhelp’s new marketplace option.

Screenshot of a Squadhelp white label marketplace

Squadhelp’s white label domain marketplace option is about more than creating a marketplace.

SquadHelp announced its new white label marketplace option today. It enables domain investors to create their own marketplace of domain names.

I wasn’t excited when I first read about this. There are several options out there for creating a marketplace for your domains. I’ve never been a fan of this because I find it unlikely that someone will land on your marketplace, search for a domain, and buy it.

But Squadhelp buries the lede with its announcement. What the white label marketplace really lets you do is set up great landing pages for your domains with added features and low commissions.

When you add domains to your white label marketplace through Squadhelp, you get:

  1. A good landing page for your domain. See OnshoreSupport.com for an example.
  2. 24/7 live chat and phone support on that landing page. I think this is huge. Buyers with questions can chat with a human to resolve any questions.
  3. Squadhelp remarkets your domains to people who land on them through retargeting ads across the web.
  4. Add logos to your domains for $5.  (A logo is required to get remarketing. Logos are free if they are approved as premium domains in Squadhelp’s marketplace.)
  5. 7.5% sales commission.

I talked about this new platform and how domainers can use Squadhelp’s tools with Squadhelp CEO Darpan Munjal on this week’s DNW Podcast.

You can see the marketplace I set up here.

Expert.ai domain sells for record €95,000

by — Domain Sales 14 Comments

.Ai has a new record-holder.

Megaphone with the words Record Breaker

Sedo has brokered the sale of Expert.ai for €95,000 (about $108,000), a record for a publicly-disclosed .ai domain name sale.

According to Whois records, the Italian firm Expert System SpA bought the domain name. Expert System is a publicly-traded artificial intelligence company that uses the domain name ExpertSystem.com.

.Ai is the country code domain name for Anguilla but has been adopted for use by many artificial intelligence companies.

According to NameBio, the previous high water mark for a .ai domain name was Music.ai, which sold for $101,500 in 2018. The next highest publicly-disclosed sale was Analytics.ai for $50,000 in 2019.

 

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