AnimalDoctor.com Sells for $20,750

Wow!  AnimalDoctor.com sold for $20,750 on Sedo yesterday.   Not only is this both an excellent and fair price for the domain, it highlights the fact that my own domain name, DoggyVet.com, is worth far more than the mere $149 I’m asking.  But then again my whole business model is based on “premium domain names at discount prices.”

You can see my write-up on DoggyVet.com and learn how you can buy it now for $149 by clicking here.

An update on yesterday’s post about career theme domain names . . . MyCareer.com has bounced to $10,001 with 6 bids over at Sedo.com, with only 3 hours left on a 7-day auction.  Resumes.com is still sitting at $50,000 with 3 hours left on its auction.  Chances are high that neither one of these domains will touch their reserve price before the close of the auction, but it will be interesting to see what happens.

WorkatHomeJobs.org sold for $1,575, not bad for a .org domain, but then again this is a highly searched phrase and is worth far more to the lucky buyer that landed this domain. 

I own about 175 or so 4-letter domains and plan to begin selling them soon.  If you have an interest, use my feedback form to send an inquiry and I’ll send you a list.

Comparing 2009 Domain Name Sales With 2008

Doctors.com sold on Sedo.com for $21,760 in July 2008. EOB.com sold for $14,000, while WMR.com sold for $9,600. So how are similar domain names selling in the weak economy of 2009? Let’s examine a few recent sales to find out.

JUW.com has one day to go on a 7-day auction and aleady had its reserve price met at $4,100. It’s almost shocking to me that a 3-letter dot com domain name would have the reserve price set so low, particularly for a 3-letter domain name you can pronounce. It’ll be interesting to see what the final number this domain goes for tomorrow. To look it up, click here.

As for recent sales, none as nice as EOB.com and WMR.com, but YRX.com sold for only $3,000, OQD.com sold for 2,610 Euros and ZVI.com sold for 2,602 Euros. All surprisingly low in my book. However, E-14.net sold for an astounding $7,000, living a mixed bag. So why is E-14 so popular, other than being a British submarine from World War I era? Beats me. If you’ve got a handle on this one, let me know.

Has the Economic Downturn Weakened Domain Name Values?

Bad economy? What bad economy? Take a look at some recent domain name sales and current domain auctions and you’ll be proud to know that domain names still represent a great investment. Here’s a few examples of what I mean:

1. Dollars.com is back on the market again and has a bid of 302,500 on Sedo.com’s 7-day auction.

2. Thailand.org is currently at $6,500 and has 9 bids with over 6 days to go on Sedo.com’s 7-day auction.

3. Courier.net recently sold for $25,000 on Sedo.

4. Transfers.com sold on Sedo for $7,500 recently.

5. HotelBarcelona.es has a bid of $5,200 with several days left on the auction.

6. TPE.org has a bid of $7,500 with several days to go on a 7-day auction.

7. TapShoes.com sold for $12,000 on RickLatona.com

8. Another RickLatona.com sale, PapuaNewGuinea.com, went for $25,000.

9. BoutiqueHotels.com sold for $40,000.

10. Slots.eu sold for $31,200.

However, other than the 1-bid auction of Dollars.com, no truly big ticket domain sales were made in the high 5-digit to 6-digit range, signaling the economy is having some impact. One area that still looks good is the low to mid-range domain name sales. I’m talking low 4-digits to low 5-digits. These still appear to be moving a nice clip.

3-digit number domains are still holding value. 360.org sold for $25,000 on Sedo and Sedo also scored big on the $30,000 sale of CaptchaCreator.com and the $25,000 sale of PokerPals.com

Are Domain Name Values Going Down?

Are domain name values going down in the weakening economy?  Intuitively, one would think this might be the case with so many announcements of dismal earnings, failing corporations, government bailouts, etc.  After all, when I saw that NewYorkers.com went for only $5,100 and MegaVitamins.com went for only $675 on Sedo last week, I thought — “Is the bloom off the rose?” 

After doing a little research I’m happy to say that the premium market for high end domains still looks good, but one might question if the value of less than premium domains, ones that might typically be purchased for less than $10,000, might be slipping a bit.  Why? Because so many of these domains are purchased by small businesses and individuals. 

But Sedo scored big last week on some really high-end domains that gives us hope and encouragement that the domain name marketplace is still doing well overall.  Consider the following sales and see if you agree with me. 

  • LowFares.com sold for $365,000 on Sedo
  • Banners.com sold for $360,000 on Sedo
  • Pisos.net (Spanish for “Apartments”), sold for $187,500 on Sedo
  • Alice.com went for $250,000 in a private sale

Now consider the following to see if you agree with me on some disappointing sales for one-word domains lately:

  • Sleeper.com sold for $10,100 on NameJet.com
  • Sisterhood.com sold for $10,000 on Moniker
  • NowHired.com went for $2,588
  • WorkingLife.com sold for $2,000
  • GolfMerchandise.com sold for $3,626

I was astounded that Sleeper.com didn’t go for higher.  There is immense revenue potential from all five of these domains, they the last 3 on the list went for $3,626 or less.  This gives me a lot of concern over the value of 2-word domains with commercial appeal that are often picked up by entrepreneurs and small business owners.  Take for example, LawAdvice.com, currently up for auction on Sedo with only 2 bids and resting at $2,050 with 4 days left to go on a 7-day auction.  This domain will be a good barometer to check out the value of highly commerical 2-word domains. 

If there’s a lawyer in the house, listen to me.  You’ve got to jump on this domain — we’re talking about a highly searched phrase in “law advice.”  Nope, its not my domain name and I don’t know the owner.  But watching this domain should give us a good indication as to the strenght of the domain name market during this economic downturn.

Will Bad Economic Times Take a Toll on Domain Name Values?

I’ve been watching daily domain names sales on several major auctions very closely since the 777 point drop of the Dow Jones Average in early October. My personal observation is that domain name sales in the $5,000 to $25,000 range seems to have slowed considerably, but its more of a gut feeling rather than one concluded after a lot of research.

Earlier, I was pondering writing this article about the negative impact of the economy on domain names sales and values. But this is not the case quite yet. Why? Because the results of several big special auctions closing just before or around the same time the stock market started plummeting reflect the fact that big investors are still willing to cough up big bucks for domain names that hold great potential. Take for example the recent sale of our domain names in the six-figure area. Moneywatch.com recently sold on Sedo for $125,000. Camps.com sold on Moniker for $110,000. LT.com sold on Moniker.com for $100,000 and Cleaning.com sold on Moniker.com for $100,000.

Most of the Moniker.com sales I will talk about in this article were made at last month’s Live Auction at the T.R.A.F.F.I.C. conference in New York. Although they were booked this week, one can’t hardly label them as “sales after the economic collapse.” Thus, the court may still be out on what the eventual outcome will be regarding the economy’s toll on domain name sales.

Currently, the highest bid existing on Sedo.com for a domain name is $12,000 for Pet.Asia and 7,000 British Pounds for VLX.com. Two domain names I’m keeping an eye on at the Sedo.com auction is Selfish.com which has 9 bids and currently stands at $3,690 and Gold.mobi which has 27 bids and is up to $3,100. Both will go for much higher values, thus its important to watch those 2 closely to see where they cap out at to get a grasp of the economic toll on domain name sales.

A look at domain names sold this week at Sedo.com finds the highest domain name sales price was only $4,999 for 3-D.com. Other domain name sales worth noting at recent auctions include the sale of Literature.com for $60,000 at Moniker’s Live Auction and Searching.com for the T.R.A.F.F.I.C. event for $85,000. Worthy of mention also is the sale fo SpaResorts.com on Snap Names for $70,590 and HelpMe.com for $75,000 on DN Strategy.

On a personal note I continue to find great deals in the expired domain name market. Examples of today’s purchases include: EzineDollars.com, DropshippingDollars.com, SavingMoneyOnline.com, ParttimeLabor.com, ParttimeTraveler.com and HomeProductsBusiness.com.