3-Letter Domain Name Sells for $40,000

Taz.com sold for $40,000 yesterday on Sedo.com. This is one of the higher selling prices we’ve witnessed in a while for a 3-letter domain. Most have been selling in the $20,000 to $30,000 range lately, but then again it depends on the letters. For a domain with a “z” in it to go for $40,000 is unusual, but then again “Taz” is a nickname, its short for Tazmania, its short for the Tazmanian Devil, its easy to remember and very brandable.

Other domains selling at notable prices include Posse.com – a single dictionary word domain which sold for $24,500 on Sedo.com. GotDirt.com sold for $4,600, Hightop.com sold for $2,500 and MyLifeID.com sold for $2,700.

Of note on Afternic.com was the sale off YourChat.com for $35,200. Bravo for the seller of that domain name. I would have never thought it woiuld have gone for that high of a price, but when you consider the value of social networking giant MySpace.com, a name like YourChat.com has tremendous upside potential.

One-Word Dot Com Discovered on Expired Domain Names List

While visually screening an expired domain names list I found, to my surprise, a one-word dot com, that had expired on March 1, 2008. I checked and to my surprise and astonishment, the domain name had not been taken and was available for registration. So why was this domain name overlooked. Well, for one, it is not in the common vernacular of the general public. Secondly, its likely not in all dictionaries yet, but it will be in a matter of time. Why? Because its a relatively new Internet word, one of the new words of our decade.

So what’s the word and domain name. Quite simply, Wikifying.com — an Internet buzzword that is repeated on 25,800 web pages indexed by Google. The word itself may be less than 5 years old, but certainly less than 10 years old. Still, it is growing in popularity and will only be used more and more in the future. For example, a recent article at Popsci.com announced that Google was in the process of “wikifying” its Google Maps program. An August 2007 article at Columbuser.com about Ohio elections ran under the headline “Wikifying Ohio’s Elections.”

For anyone familiar with the widespread popularity of Wikipedia.org and Wiki’s in general, you’ll know that my discovery and registration of Wikifying.com is worth many thousands of dollars. Given how I just stumbled across the domain doing one of my manual screens of a 90-day dropped domains list, the lucky find reminds me of those diamond discoveries we read about once every few years when a tourist visits the Crater of Diamonds State Park in Murfreesboro, Arkansas and just happens to discovers a valuable diamond, in the same spot where thousands of other tourist have trampled beforehand.

Dollars.com Auction Takes a Setback

In my last report of the 7-day Dollars.com auction, the price had risen to 750,000 Euros with 15 bids. I dropped by Sedo.com yesterday to notice that 2 bids had been removed and the price had fallen to 300,000 Euros. I would like to be a birdie on the wall at Sedo to know what provoked either the withdrawal or cancellation of two bids.

The Dollars.com auction set at 300,000 Euros for several hours, but by yesterday evening had risen back to 500,000 Euros. It was a huge jump, yet the number of bids had only risen by 1, to 14 total. Help me here folks, why would anyone place a bid 200,000 Euros higher than the last bid price? Hard to figure that strategy, but so far it is working, as the price still sits at 500,000 Euros with only 13 hourrs to go.

If the price doesn’t move higher for Dollars.com, the owner/seller of this domain must feel very deflated. After seeing his domain jump to 750,000 Euros so quickly, and on the heels of the recent sell of Pizza.com for $2.6 million greenbacks, I’m sure he or she has got to be disappointed in the way this auction has gone the past couple of days.

One-Word Domain Name Purchased for $5

Yep! That’s right, a one-word domain name was recently purchased for only $5. And the good news friends, it was purchased by me. While browsing a long list of domain names for sale on TDNAM.com over the weekend, I decided to search the closeouts bin to see if anything of value was worth picking up for $5 or $10. Lo and behold I couldn’t believe my eyes, but about to expire in a couple of hours was resells.info — a single dictionary word domain name for only $5. I honestly had to rub my eyes to make sure the l’s were not 1’s. Of course I already knew that the word resell often gets spelled resale, and visa versa. Nonetheless, I checked before my purchase and confirmed that while the word “resale” is found 26.3 million times on Google, the word resell is found 11.7 million times, and its plural form, “resells” is found 657,000 times. I’ll take a domain name that fits that profile for $5 every opportunity I get.

Now I know what you’re thinking. You’re thinking, “Big deal, it’s a .info domain name, not a dot com.”  Well, that’s true.  But a one-word domain name is worth a lot of money, regardless its extension.  Oh, don’t get me wrong, the dot com and dot net versions of this domain name are worth much more, but mark my word — this baby is worth some bucks.  Currently, the 7-day domain name auction of printer.info is up to $21,500, parier.info is currently sitting at 1,100 Euros, and connect.info has a high bid of $2,500.  So any way you cut it, I stumbled across a good deal picking resells.info up for only $5 plus renewal fee.

Although I’m not a big advocate of selling domains via TDNAM, as I noted in yesterday’s post, I do screen their auction occassionally for good deals. My most recent acquisition at TDNAM.com was tonight. I purchased GreenCoup.com for $5. With the large push for everyone to “go green, think green and live green,” I think a short 2-word dot com like GreenCoup.com will prove to be a great name for a blog, magazine, club, alliance, forum or portal covering green issues.

With 4 Days to go, Dollars.com Roars to 750,000 Euros

In case there were any doubters, Dollars.com now has 15 bids with a high bid of 750,000 euros — about $1,185,460 at today’s currency rates. The reserve price has been met, so this domain name will sell. I’m curious, however. It occurred to me today that the singular form of this dictionary word domain name could possibly be as valuable and could pull traffic away from this domain name in the future.

What is your take on this? I welcome your comments. If you owned Dollars.com you would more than likely also want to own Dollar.com. But wait, Dollar.com is the home of Dollar Rent a Car. Would you want Dollar Rent a Car getting some of your traffic if you owned Dollars.com? I don’t think so.

Give me a good ole one-word domain name like pizza.com anyday. Oh wait, maybe not, what if someone was searching for pizzas, should I have also tired to purchase pizzas.com when pizza.com went for $2.6 million. Crazy, huh?