ClickFree.com Sells for $20,000

ClickFree.com, a very brandable Internet domain name, sold for $20,000 on Sedo.com.  And much to everyone’s surprise, the 3-letter dot com domain name, Rid.com, sold on Sedo for only $16,000. Other surprises included Hunted.com which sold for only $2,050. 

While Hunted.com caught everyone by surprise on the low side, ebuddy.mobi went for $5,000.  Go figure?  Think that’s crazy, how about 3min.com selling for 4,500 Euros.  They one really has me buffaloed.  Can’t wait to see how they plan to use the domain name. 

What’s next on the horizon?  Well, you can look forward to seeing what Transfers.com goes for on Sedo.  Currently its at $16,000 (1 bid only) and has 1 day and 10 hours left on a 7-day auction. 

On the 3-letter front, KQP.com is currently at $4,600 with 7 bids and only 10 hours left to before closing.  SVI.com is standing at $2,050 with 2 bids and 3 days, 16 hours to go.  The most popular auction on Sedo.com is iMissed.com with 15 bidders.  However, top bid is sitting at $510 dollars.  Bidding on iMissed.com closes in 25 hours. 

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.

RVRental.com Sold for $325,000

Can you believe this domain name value. Just when every newspaper you pick up reminds us we’re in a recession, along comes a domain name sale like this one to remind us that America is truly the land of golden opportunities, big money and entrepreneural spirit. For, despite a sharp slowdown in RV sales as a result of the recession and job layoffs, the owner of this domain chose to sell and landed a great price in what turned out to be a private sale.

Two other great domain names that went for big bucks were the 2-letter wonders of YB.com and BJ.com. YB.com sold on Sedo for $125,000, while BJ.com went in Moniker’s live auction for $200,000. Who says no BJ is worth six-figures. (Sorry, but I couldn’t help myself).

Nothing big has been announced other than these 3 over the past week. Still leading the pack for 2008 is the sale of Fund.com which went for $9,999,950 in a private sale back in March. This price is much higher than the 1999 sale of Business.com for $7.5 million, which later turned out to be a $2 million dollar sale after the value of the illiquid Internet incubator and buyer of the domain, eCompanies, was recalculated in 2004.

Sedo Scores Big on GGG.com and JazzMusic.com

Domain name sales rocked this week, at least over at the online domain name auction site Sedo.com.  The story lies in the sale of two domain names for great prices.  GGG.com, a super 3-letter domain name and dot com, sold for $85,000. 

The second domain name that went for a high price was JazzMusic.com, which sold for $35,500 on Sedo.com.  I checked my own inventory of music related domain names and don’t have anything that will compete close to the JazzMusic.com domain name, but nonetheless still have some valuable domain names.

Take for example, CampusMusicStore.com — which would make a great domain name for any music store located near a college or university campus.  I also own RappingOnline.com, RapMob.com and RapJaw.com.  If you have an interest in any of the domain names send me an email.