Strength.com Sold for $300,001 at Flippa

5

According to a report on NameBio’s blog this morning, the Strength.com domain name sold for $300,001 at Flippa yesterday. It was the largest publicly reported sale of the day, as reported by NameBio in its morning sales report tweet:

A representative from Flippa confirmed that the Strength.com domain name was sold via its platform and shared a link to the listing.

Because the domain name was just sold yesterday, I presume the deal has not yet closed. The listing states “Strength.com – Sports Nutrition and Dietary Supplements Brand Online Business.” This sale appears to be a business in addition to the domain name, so I assume Ron Jackson will not be able to list this as a domain sale. If he did, it would surpass the $300,000 sales of Signet.com, The.Club, and EEN.com.

Also according to NameBio, this

Report: IRS.com Sold for $600,000

2

In a deal uncovered by George Kirikos and shared on Twitter, the IRS.com domain name was reportedly sold for $600,000:

In the SEC filing noted by George, the company stated the following about IRS.com:

“On June 11, 2018, we sold the IRS.com web domain to a company in which our former CFO has a significant ownership interest. The consideration consisted of a cash payment of approximately $0.6 million and assumed liabilities of approximately $0.1 million. We recognized a gain of approximately $0.6 million on the transaction which is reported in Other gain (loss) on our Condensed Consolidated Statement of Operations and Comprehensive Income (Loss).”

I am not exactly sure what the assumed liabilities of $100,000 are, but if I am reading it correctly, it would seem that the buyer paid $600,000 to buy IRS.com. It is unclear to me if the purchase

Look at the Other Extensions

When I receive an offer or inquiry, I tend to do a little research before replying. I want to see who is interested in acquiring my domain name, and I also want to see why they might be interested in buying the domain name.

To do this cursory research, Google, LinkedIn, and even Facebook are the primary tools I use. Typically, I can find out all I need to know within a few minutes of searching.

One of the best tools that can be used though, is one I use every day: Whois searches. Despite GDPR being in effect rendering this tool less useful, it can still be helpful.

A Whois search is helpful because it

Christian.com Sold for $600,000 via Sedo

Sedo broker Dave Evanson just announced via Twitter that he brokered the sale of Christian.com for $600,000:

Once the sale is archived on DNJournal by Ron Jackson, it will rank as the fifth largest sale of the year (to date). The sale will rank above the $550,000 sale of Inception.com and below the $750,000 sale of Liquid.com.

According to NameBio, Christian.com last publicly sold in 2009 for

Summer Fridays: Not Great for Outbound Emails

When I worked in the corporate world (Wunderman and AIG), Summer Fridays were great. It was the day to dress down, sometimes enjoy a free bagel breakfast, leave work early, and usually have a bit of quiet time in the office while the management teams were out in the Hamptons or elsewhere. It’s been well over 10 years, but Fridays in the Summer were typically low key.

I should have remembered this yesterday when I sent several outbound emails aimed to sell a couple of domain names. Using my LinkedIn account, I sent a couple of messages to executives about an exact match domain name I think they would use well. I sent a few additional emails to other people as well. No responses. Nada. This is abnormal for me.

A Summer Friday, especially in August, is probably the worse time to send emails to corporate executives to sell a domain name. Many aren’t working, and those who are working, are probably trying to finish up so they can close down for the week and get out of the office. Even if an email gets through and there is interest in a domain name, it will take a while for the decision makers to discuss, negotiate, and approve a deal – let alone bring in the legal team to hammer out the purchase agreement and the finance team to deal with the payment.

In the corporate world,

A Hyphen May Help You Find a Buyer

Darryl Lopes, formerly a broker at Uniregistry and now an independent domain broker, shared a great tip on Twitter this week that could be helpful to domain investors who are looking to sell a domain name:

For the sake of discussion, let’s say I want to sell DomainInvesting.com. The traditional way that I would search for a buyer if I was doing outbound would be the following: