Inc. Magazine Reveals Price of Nuts.com

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Soon after NutsOnline.com rebranded to the shorter Nuts.com domain name, the company saw a major decrease in traffic. The New York Times published an article about the company’s rebranding and the impact it had on the business, and several other websites wrote about the issue faced by the company after it chose to rebrand. Many of the articles referenced this Google Webmasters Help forum thread started by the company after noticing ranking issues in Google.

With all of the publicity about the rebranding to Nuts.com and the search engine problems that seemed to follow, I did not see any coverage of the acquisition cost of the domain name. An article in the December / January edition of Inc. magazine reveals information about the negotiation and the purchase price.

According to the article, Jeff Braverman, the CEO of NutsOnline.com, spent quite a bit of time tracking down the owner of the Nuts.com domain name and negotiating with him. Two years after the initial failed negotiation, he saw that the domain name was listed for sale, and he bought it for

List of Domain Sales Newsletters

Many of the top domain name brokers and domain brokerages have weekly or monthly domain sales newsletters. Typically, these newsletters have lists of domain names that are available for sale exclusively through the broker or brokerage. Some of the also include market commentary, which I think is particularly interesting given a domain broker’s position in the resale market.

Some of the best domain purchase opportunities can be found in these newsletters because many aren’t shared publicly, and the prices don’t necessarily reflect actual market value. For example, I saw a broker list a domain name for sale a couple of months ago with a $12,000 purchase price and it recently sold on a public venue almost double. This indicates that there may be better deals available in private than if there was a public auction.

I thought it would be a good idea to compile a list of the current domain broker and brokerage email newsletters. There may be others that I don’t know about or accidentally omitted, so feel free to post a comment if you know of another newsletter. I would prefer to only list third party brokers as opposed to individuals who sell their own domain names because that’s a different type of newsletter.

I recommend using a third party escrow service (I personally use Escrow.com) or a trusted attorney that has an escrow account when dealing with a broker, even if the company is willing to provide escrow services. It’s also important to do your standard due diligence to make sure the listing is legit. I trust most of the professional domain brokers, but I trust my own due diligence above all.

Domain name sale broker newsletters (in alphabetical order):

NameJet Makes It Easier to List Domain Names for Sale

I have heard and read quite a few complaints about the difficulty in privately listing domain names for sale on NameJet. From what I understand, the company has not added on many private sellers for a variety of reasons, with the primary reason being the lack of a user interface for sellers to observe their auctions and payment status.

Upon logging in to my account today (after clearing my cache for another reason), I had to agree to an updated terms of service, dated December 3,
2015. Once I passed that page, I noticed a new header within my account “List Your Domains on NameJet,” and underneath the header, there is a message that says “Apply to have your domains listed on NameJet’s exclusive auction platform.”

According to NameJet General Manager Jonathan Tenenbaum,

Salesforce.com Now Owns IQ.com

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IQ.com Domain Name

Because of the high value of two letter .com domain names and the fact that quite a few have changed hands for significant sums of money during the past two years, I monitor all 676 two letter .com domain names.  This morning, I received a DomainTools domain monitor alert for IQ.com indicating that something had recently changed in the Whois record. As of this morning, the registrant of IQ.com is now Salesforce.com, as you can see in the current Whois record screenshot  posted below.

If you visit IQ.com, you can see that the domain name currently forwards

Report: Invest.com Sold for $5 Million

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Late last week, Forex Magnates  reported that the Invest.com domain name was recently sold for $5 million to a company called Singulariteam. I do not see a confirmation of the sale from the company on its website, so this sale is unconfirmed. In its article reporting the sale of Invest.com, Forex  Magnates reported that  “An Israeli serial technology entrepreneur has invested over $5 million to buy the website domain, invest.com, in order to penetrate the forex industry.”

Current Whois records seem to indicate that a deal for this domain name may be underway. The registrant of Invest.com is listed as Escrow.com, and I presume that indicates the company is facilitating a deal for this domain name. I would reach out to Brandon Abbey, President of Escrow.com, but the company has a policy of not commenting on transactions done using the company’s services. Previously, the domain name had been  registered under privacy since 2011.

DNJournal shows that Invest.com sold for

Difficult Offer to Accept

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When I agree to buy a domain name in the aftermarket, I typically have a value in my mind for that domain name. This value assumes the right buyer wants (or needs) to buy it, and they will be willing to pay what I believe is a fair price for the domain name.

Oftentimes with my domain names, I will reach out to prospective buyers to gauge interest in an acquisition. In addition, when I receive an unsolicited offer for a domain name, I may  also reach out to prospective buyers to see if any other companies would be willing to pay more for the domain name.

The result of these sale efforts is sometimes a decent offer, but one that falls below what I think the domain name is worth. Offers that are decent but fall short of what I believe the value to be are difficult to accept.

On one hand, I have reached out to the most obvious prospective buyers for a particular domain name, and the offer I am contemplating is the best of what I received. On the other hand, another buyer could want the domain name in the future and they might be willing to pay much closer to what I believe the value is, especially because it can be more difficult to get an offer when I am essentially cold calling.

When I receive offers that aren’t all that close to what I believe the value is, but the offer is fair,  I