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3

Jun

Sumo.com Goes for $150,000 - Top Seller in May

Posted by Craig  Published in 2-Word, 4-Letter, Domain Name Values, Top Selling Domains

Sumo.com leads the list of domains sold above $35,000 during the month of May.  It sold on Sedo.com last week.  But here’s a real suprise for you.  MrytleBeachCondos.com sold for $120,107 on Moniker.com.   Can you believe that one folks?  Sure, I see great value in that domain name, but $120,000 worth! 

Shreveport.com, named after a city I once lived in for 15 years, was sold on RickLatona.com for $70,000 in May.  The number domain, 249.com, sold for a whopping $92,000 on Sevent.com.  That one buckled my knees.  I can’t tell you how any times I had an opportunity to buy a number domain 5 years ago and thought “Who would want a number over a name?”  Reminds me of the time in 1981 I had $19,000 to blow and thought — “Should I buy Microsoft or invest in a computer store?”  Yep, you guessed it — I put all the money in the computer store, shutting it down 6 months later for lack of sales.  That little 19 grand would be worth over $6 million dollars today.

GiftRegistry.com sold for $64,000 on Sedo last week.  You can see how that domain name will be used, a great one at that!  A private sale of WallStreet.info went for $25,000 — a super sell for a .info domain name.  Lastly, Anonymous.net sold on Sedo for $35,000 — not bad for a dot net domain name.

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6

Apr

Pizza.com Sold for $2.6 Million

Posted by Craig  Published in 7-Day Auction, Sedo.com, Selling Prices, Top Selling Domains

Pizza.com, which was owned by Chris Clark of North Potomac, Maryland, ended up selling for $2,605,000 on its 7-day Sedo.com auction. Clark first purchased the domain name for $20 over 14 years ago and has regularly renewed the domain name in hope of cashing in on a big pay day one day. Well, his ship has finally come in.

Clark had been operating pizza.com as a pizza restaurant directory for the past few years, selling advertising that was sufficient to pay the $5,000 annual cost of programming and maintaining the domain once he took it live. He finally decided to sell the domain after reading of Vodka.com selling for $3 million. He had read that Sedo.com had handled the Vodka.com sale and decided to use them as well.

What I find amazing is that he placed it on Sedo, got a $100 bid, elected to go with a 7-day auction, and the rest is history. Imagine the exhilaration of seeing your domain name sale run from $100 to $2.6 million. I’ve learned that Clark had his reserve price set at $2 million. He was actually vacationing with his children in Orlando, Florida while the auction was going on. Clarks 3 kids were glued to their laptops watching the selling price skyrocket.

Once the auction hit $2 million on March 29, Clark became glued to the auction as well. It eventually closed around 2 pm on April 3 with a new millionaire added to the U.S. population. Not a bad investment for a guy who originally purchased the domain to sway a pizzeria to do business with his young web-consulting firm. Funny thing is, the pizzeria declined to take him up on his offer, and Clark is all the better off for it.

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