Hueston.com: Big Flip for Mike Mann

Elliot Silver
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14

I was browsing Twitter this morning when I noticed the tweet embedded below from Mike Mann, announcing the sale of Hueston.com for $25,000. This is a solid sale price, but even more impressive is the ROI achieved from the sale. Mann reportedly acquired the Hueston.com domain name in March of 2011 for $69.

Judging by the $69 price point and the fact that the Whois shows the domain name had been

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My Thoughts on Phone Negotiations

Elliot Silver
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18

I have never really enjoyed chatting on the phone. This sometimes goes for chatting with friends, but it almost always pertains to domain name negotiations. There are some times when a phone conversation can be fruitful though, and I thought I would share some thoughts on phone negotiations.

When I want to inquire about a domain name as a buyer, I will usually send an email and follow up with a phone call if it could be fruitful. For instance, if the domain owner seems willing to sell the domain name and we need to come to terms on the price, I might give a phone call. Some people will brush off my call and stick to email, but others are more chatty, and we can finalize a deal quickly. I like the fact the I can speed up a discussion rather than extend it hours or days with email.

When someone randomly calls me to discuss a domain name,

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.DE Leads the Way at December Great Domains Auction

Elliot Silver
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1

Sedo’s Great Domains auction for December ended yesterday, and there was about $188,000 USD in sales closed (several of the sales were in Euros instead of US Dollars). Out of the ten domain names that met reserve and sold, four of them were .DE domain names, Germany’s ccTLD extension.

There were quite a few three letter .com domain names with reserve prices included in the auction, as Aaron Wilkin mentioned last week. Only one of those LLL .com domain names, CCT.com, met its reserve price and sold. I saw that quite a few bids were placed below reserve on those three letter domain names, so perhaps Sedo will be able to close additional sales post-auction.

Listed below are the ten sales from

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Dock Name: Crowdsourced Domain Name Finder for Startups

Elliot Silver
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19

I was sent the link to an interesting website that might be of interest to domain investors looking to sell their domain names. Dock Name is a website that lets startup founders post their domain name requests and visitors may submit their own domain names that might match the needs of the startup.

More precisely, according to the website, “Dock Name is a crowdsourced service that helps startups find a domain name, by describing their business/product and get proposals from people that have suitable domains for their needs.” Dock Name allows people to promote their domain name requests, which is how the company makes money.

Here are three partial examples of the current domain name needs posted by users:

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Report: Owners.com Acquired for $20 Million+

Elliot Silver
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2

A real estate website operating on an exact match .com domain name has been acquired for a considerable sum of money. Owners.com, “one of the largest marketplaces of self-directed home buyers and sellers,” was acquired by a company called Altisource Portfolio Solutions S.A. Altisource already operates a real estate auction marketplace called Hubzu.com.

According to this November 24th press release I read  this morning, “Altisource purchased the company for $20 million at closing and up to an additional $7 million in potential consideration based on revenue earned in the two consecutive 12-month periods following closing.” Obviously this is not a simple domain name sale, but it marks the sale of another business using a keyword .com domain name as a brand.

There have been several large sales and deals involving real keyword domain names and businesses that use keyword domain names as brands in the real estate s[ace. Some of these sales and deals include the following domain names and businesses:

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Inc. Magazine Shares Stories of Domain Acquisitions

Elliot Silver
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10

Yesterday evening, I posted an article about the purchase price for Nuts.com, which was revealed in an Inc. magazine article. This morning, the easier to read version of the article, “Stalking That Dream .Com: True Tales From The Front Lines of the URL Wars,” was published online.

There are several takeaways from the article that might interest you and will perhaps benefit your business. From an interest standpoint, the acquisitions of Mint.com, Nuts.com, Hired.com, and several other domain names are discussed. The buyers of these domain names discuss the prices they paid, and there is some insight shared about the value the domain names brought to the companies that bought them as well as the benefits realized by owning the domain names.

From a business standpoint,

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