Heritage 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.
Wow — very nice domain; probably the best Aron owns now.
will domains ever get above the 2010 – 2012 ceiling?
seems domains really have stalled these last 5 to 7 years.
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.
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
That comment was meant to go down below, which is where I added it now.
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 !!
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 !!
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 !!
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.
i bet he paid 400k or something.
That’s about right.
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 ?
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 Ill be the first:
https://www.google.com/search?q=conflict+of+interest
Awkard I agree
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!
Don’t muddy the issue with a red herring. Or better yet, do…
Looks like Aron has sold OC.com: https://www.domaininvesting.com/aron-meystedt-sells-xf-com-oc-com/
LOL. No, who’da thunk it?