Dave Evanson Reports 6 Figure Sale of VitaminC.com

Elliot Silver
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Sedo broker Dave Evanson reported the sale of the VitaminC.com domain name at a price of $104,000 via his Twitter account. The Whois registration information is currently private, so I am not sure if the domain name has already been transferred to the buyer. I spoke with Dave on the phone a moment ago, and he was unable to provide information about the buyer or seller.

VitaminC.com had been

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Reports: Diapers.com Founder Acquires Jet.com

Elliot Silver
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For many years, the Jet.com domain name was owned by Canadian domain investor Garry Chernoff and his NetIncome Ventures, Inc. In January of this year, the Whois registrant information went private, and according to reports I read, the buyer was Mark Lore, founder of Diapers.com.

According to an article on Fortune / CNN Money, “Lore confirms to  Fortune  that he acquired the domain  Jet.com, which has  a placeholder that says “Coming 2015.” Jet.com Inc. was incorporated in Delaware on April 4, according to the State of Delaware’s website.”  An article by Jason Del Rey in Re/Code suggests that Lore has big plans for this project, and Lore may be “interested in raising as much as $50 million to get his new company off the ground. One source said that number could go higher.”

Knowing the quality of Chernoff’s domain name assets and some of his prices, I would bet that this domain name had a

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Know Your Asking Prices

Elliot Silver
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11

There are many ways a person can inquire about a domain name. I have found that many buyers visit the landing page and inquire directly after seeing a “for sale” message on the page. Many people also have success selling domain names via marketplaces such as Afternic and Sedo. When you quote a price, be mindful of the buy it now prices you’ve set elsewhere.

Buy it now pricing is encouraged at domain marketplaces. It makes it easier for a buyer to complete a purchase, and it is faster for all parties. It probably makes buyers more comfortable knowing that the price is set and it is not going to increase based on who they are (how much money they have). One issue I face on occasion is when I quote a price on a direct inquiry that differs from the buy it now price elsewhere.

I don’t have a great pricing system. I have started to put

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Pro.com Launches With $3.5 Million in Seed Funding

Elliot Silver
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pro.com logoIt’s always interesting to see how a domain name will be used following a major sale. Last year, Igloo.com  was the broker of record for the sale of the Pro.com domain name. Unfortunately, Igloo could not provide a comment regarding this domain name.

According to a post on Crunchbase Daily, Pro.com just launched after receiving millions of dollars in seed funding from several well respect venture capital firms. Here’s what Crunchbase Daily had to say regarding the funding and launch of the new website:

“Seattle-based home service professionals marketplace Pro.com has launched with $3.5 million in seed funding from Andreessen Horowitz, Madrona Ventures, Redpoint, Bezos Expeditions, Two-Sigma Ventures, and Sherpa Foundry. Pro.com aims to

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How Quickly I Reply to Offers

Elliot Silver
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I think there are two schools to thought regarding the speed in which a domain owner replies to an offer for a domain name. Some people reply quickly in order to capitalize on a hot lead, and others respond slowly as a means of showing a lack of desire to sell a domain name. Generally speaking, I reply to offers fairly quickly.

I don’t necessarily think there is a right or wrong way to reply. I also think the response time should be part strategic and partly related to the situation at hand – both with the business and with the company making the inquiry or offer.

There are several reasons why I tend to respond to offers quickly, and I want to share some of them with you:

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Discussion About Domain Names on Active Rain

Elliot Silver
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There’s an interesting discussion about domain names in an Active Rain blog post that was written by Kathleen Daniels, a real estate broker in San Jose, California. In the article, Daniels briefly discusses her interaction with a domain broker regarding a domain name she is interested in buying. Daniels seeks feedback from others regarding the $14,000 asking price.

I’ve done several deals with real estate agents and companies in the real estate business. I have been a buyer and seller of US (city)RealEstate.com domain names and am still buying and selling them when great names are available at great prices. Because of my involvement in this vertical, I thought this article with over 75 comments is a great look into the minds of  real estate agents regarding how they view domain names.

The first thing I noticed is that many people told Daniels that $14,000 for the domain name is

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