Aron Meystedt Acquires OC.com | DomainInvesting.com
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Aron Meystedt Acquires OC.com

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Heritage AuctionsHeritage Auctions (HA) had been brokering the OC.com domain name on behalf of a Dallas company called Open Connect. HA received some good publicity for OC.com, but the domain name was not sold until this week. The Whois record was updated, and the new owner of the domain name is Aron Meystedt’s XF.com Company. As you likely know, Aron also works for Heritage Auctions.

I asked Aron if he could share some insight about how the deal came about since people might be curious about how the person responsible for brokering the domain name ended up acquiring it. Here’s what Aron told me about this:

“We had a 3 month timeline for Heritage to sell the name. They (seller) understood that getting top dollar takes time, but they were really interested in moving the name by the end of July. As our three month deadline approached, and after extensive outreach, we had yet to see a buyer produce a fair offer. It was decided that Heritage and I would give the seller liquidity and purchase the name ourselves.

I’d love to build something for Orange County, CA – a major destination for tourism and a place with a booming real estate market.”

Aron didn’t share the purchase price for the domain name, but my guess is that it was mid to high 6 figures based on some recent comps.

From my perspective, it seems like HA made a concerted effort to sell the domain name. I have several emails from Aron regarding the OC.com domain name, including a “last call” email on July 21st. When HA’s efforts to sell the domain name didn’t produce a buyer within their seller’s desired timeframe, Aron and the company made an offer that worked for the seller.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (18)

    STRIKER

    Wow — very nice domain; probably the best Aron owns now.

    July 26th, 2017 at 9:38 am

    Fred

    will domains ever get above the 2010 – 2012 ceiling?

    seems domains really have stalled these last 5 to 7 years.

    July 26th, 2017 at 11:50 am

      Tony

      2010 – 2012 ceiling?

      LL.com’s were going for $200-300K in 2010-12. Now you would be lucky to get one for less than $800K.

      In reply to Fred | July 26th, 2017 at 1:47 pm

      John

      Well I suppose we all wish we could have gotten this one on the cheap, even if our acquiring was “questionable,” but since there is no one else to make the obvious observations yet I’ll be the first:

      https://www.google.com/search?q=conflict+of+interest

      In reply to Tony | July 26th, 2017 at 5:07 pm

      John

      That comment was meant to go down below, which is where I added it now.

      In reply to Tony | July 26th, 2017 at 5:08 pm

    Jonathan

    I guess OC not good in China ? My personal interest is the general future rise in 2/3 lead generations com generics in China/ Asia / India seemingly inevitable.
    I blame China for paying the market price for the .com Look those socialist are building China-based small and micro-loan startups that even raised $118 million under the six letter name dashuf(dot)com/ OMG that will push the prices higher. How dare they pay western domainers the market price !!

    July 26th, 2017 at 1:20 pm

    Jonathan

    I guess OC not good in China ? My personal interest is the general future rise in 2/3 lead generations com generics in China/ Asia / India seemingly inevitable. I blame China for paying the market price for the .com Look those socialist are building China-based small and micro-loan startups that even raised $118 million under the six letter name dashuf(dot)com OMG that will push the prices higher. How dare they pay western domainers the market price !!

    July 26th, 2017 at 1:22 pm

    George

    I guess OC not good in China ? My personal interest is the general future rise in 2/3 lead generations com generics in China/ Asia / India seemingly inevitable.
    I blame China for paying the market price for the .com Look those socialist are building China-based small and micro-loan startups that even raised $118 million under the six letter name http://dashuf.com/ OMG that will push the prices higher. How dare they pay western domainers the market price !!

    July 26th, 2017 at 1:23 pm

    Random Domainer

    Nice one Charlie-O!

    Geo Domains are where it’s at.

    I realized this early on and got my slimy hands on a few of em.

    July 26th, 2017 at 1:50 pm

    JZ

    i bet he paid 400k or something.

    July 26th, 2017 at 2:33 pm

      Mike

      That’s about right.

      In reply to JZ | July 26th, 2017 at 4:36 pm

    Asset.Domains

    Nice name and nice move from Aaron , it’s a win- win situation.

    i believe that multiple efforts could do great job, why people are not co-brokering domains , or such info is not disclosed ?

    July 26th, 2017 at 3:26 pm

    John

    Well I suppose we all wish we could have gotten this one on the cheap, even if our acquiring was “questionable,” but since there is no one else to make the obvious observations yet I’ll be the first:

    https://www.google.com/search?q=conflict+of+interest

    July 26th, 2017 at 5:07 pm

      Koosah

      Awkard I agree

      In reply to John | July 26th, 2017 at 6:46 pm

    Josh

    Congrats to buyer and seller.

    Fact remains anyone could have offered more and didn’t, don’t complain about how it was a great deal now as if you didn’t have a chance, you did, for months!

    July 26th, 2017 at 9:10 pm

      John

      Don’t muddy the issue with a red herring. Or better yet, do…

      In reply to Josh | July 27th, 2017 at 5:58 pm
    August 11th, 2017 at 6:39 pm

      John

      LOL. No, who’da thunk it?

      In reply to Elliot Silver | August 11th, 2017 at 8:48 pm

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