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Promise I Can’t Keep When Buying a Domain Name

On occasion, I will get a special request while negotiating to buy a domain name. A domain owner will occasionally ask me to keep an email address active for a period of time or continue forwarding or resolving a domain name to a website for a set period of time. Depending on the length of time requested and my desire to buy the domain name, this is an easy request to fulfill.

One request I have heard several times is that the domain name is not allowed to be used in a specific manner once the sale is completed. For instance, the owner may be a large accounting firm and they require that the domain name is not used for another accounting firm. Even if this request is fairly easy to complete, it is a promise I can never make.

Was Compass.com Acquired for $300,000?

Compass, a real estate brokerage firm, filed its S-1 Form with the US Securities and Exchange Commission. Compass operates its business on the valuable, brand-match Compass.com domain name.

There were a couple of domain name mentions within the S-1, which could possibly reveal the price the company paid to acquire its Compass.com domain name.

On page 126 under the Intellectual Property heading, the company wrote:

My Favorite Aspect of Domain Investing

Every morning, regardless of whether I am at home or traveling, I spend time reviewing upcoming domain name auctions. Looking at domain names coming up for auction while drinking my coffee is one of the only things in my routine that doesn’t change, and I think it is my favorite aspect of domain investing. It is exciting to discover hidden gem domain names, and it is fun to strategize about bidding strategy.

Each morning, I review several lists of upcoming domain auctions. There are expiry auctions, deleted domain auctions, and some private domain name auctions. Here are the primary sources I use to find domain names of interest that are coming up for auction:

Bird.com Sold for $2.5m; Fish.com for $1.6m at ROTD Auction

Bird.com has been sold for $2.5 million at today’s Right of the Dot live domain name auction. Fish.com was the next domain name up for auction, and that domain name was sold for $1.6 million. Based on the location information shown on the bidding page, the winning bidder appears to be the same for both of these auctions.

List of ROTD Live Auction Domain Names

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Right of the Dot is hosting an independent live domain name auction today at 12pm Central (1pm Eastern). The auction is being run on the HiBid.com platform in conjunction with auctioneer Wayne Wheat calling out domain names in a live auction format. Preregistration is a requirement of bidding on the platform.

Right of the Dot founder Monte Cahn shared the final list of 108 domain names that are included in today’s live auction:

Domain Investing Mistake I Make Over and Over

I was on the Clubhouse domain investor chat organized by Jen Sale last Friday evening, and the topic of domain investing mistakes was brought up. I did not speak out in the Clubhouse room, but I want to share a domain investing mistake I have made many times and will continue to make in the future.

After selling a domain name to a buyer, I occasionally go out to look for similar domain names that I think could also be appealing to the buyer. By way of a hypothetical example, if I sold DomainInvesting.com, I might try to buy DomainInvestor.com or DomainInvestment.com in a private acquisition or future auction. Because of my past success selling the similar domain name, I tend to be more aggressive than normal in buying the subsequent domain name(s). After all, I have my own comparable sale to know the potential resale value.

Recent Posts

Promise I Can’t Keep When Buying a Domain Name

0
On occasion, I will get a special request while negotiating to buy a domain name. A domain owner will occasionally ask me to keep...

Was Compass.com Acquired for $300,000?

3
Compass, a real estate brokerage firm, filed its S-1 Form with the US Securities and Exchange Commission. Compass operates its business on the valuable,...

My Favorite Aspect of Domain Investing

6
Every morning, regardless of whether I am at home or traveling, I spend time reviewing upcoming domain name auctions. Looking at domain names coming...

Bird.com Sold for $2.5m; Fish.com for $1.6m at ROTD Auction

8
Bird.com has been sold for $2.5 million at today's Right of the Dot live domain name auction. Fish.com was the next domain name up...

List of ROTD Live Auction Domain Names

3
Right of the Dot is hosting an independent live domain name auction today at 12pm Central (1pm Eastern). The auction is being run on...