FlashCards.com Sells for $250,000 via Sedo

Elliot Silver
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4

According to a tweet this morning (embedded above), Sedo broker Dave Evanson  has brokered the sale of FlashCards.com for $250,000.  FlashCards.com has been registered under privacy protection at Fabulous since 2009, so I am unable to share information about the buyer or the seller. I will attempt to reach out to the company that owned the name back in 2009 to see if they were the sellers and if they can provide any details.

I reached out to Dave Evanson to see if he could share any additional information about the sale, and he was unable to do so. He  let me know that the buyer is an end user buyer, so I would assume this domain name will be used at some point in the future. As of this morning, the domain name is still parked, but perhaps the usage of the domain name will shed light on who bought it.

$250,000 seems like an excellent price for this domain name. In February of 2009, Ron Jackson

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Something to Consider When Negotiating with a Real Estate Agent

Elliot Silver
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22

During the course of the past three years, I’ve sold several domain names to real estate agents and companies in the real estate business, and I’ve also unsuccessfully negotiated with them as well. I want to share a bit of insight I have gleaned from my experience.

When I price my domain names, more often than not the price I give is at optimistic end of where I would like to sell a domain name. Obviously if I think a domain name has a market value of $25,000, I am going to ask for $25,000 when I am asked for a price. As is the case with most negotiations, the buyer generally wants to pay less than the asking price, and the negotiation determines where you end up.

Dealing with real estate professionals can be a bit different. Most real estate professionals deal with homes and properties where the final sale price is somewhat close to the asking price. On occasion, they might end up negotiating a deal that is 20% more or less than the ask, but most of the time, they are dealing within a fairly tight range.

When it comes to domain names, that might not

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The Reasonable Offer is the Worst Kind

Elliot Silver
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12

Just about everyone likes to receive offers for their domain names, and I think there are basically three types of offers: lowball, reasonable, and great. You can probably re-name these categories however you wish, but these are pretty much the only types of offers. From my perspective, the worst kind of offer is the reasonable offer.

We’ve all received lowball offers before. Perhaps someone offered $500 for a three letter .com domain name or something along those lines. They are a bit annoying especially if the person prefaced the offer with several questions or needed to speak on the phone before making the offer. These offers are frustrating, but it’s very easy to say “no,” cast aside the inquiry, and move on from the prospect.

Great offers are the

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New gTLDs: Any Purchase Inquiries Yet?

Elliot Silver
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89

I know the new gTLD domain names haven’t been available for that long, but I am curious if you’ve had any end user buyer inquiries for any of them yet. Although end user inquiries would obviously be more desirable than inquiries from other domain investors, I think any inquiry would be a good sign.

I still only own four new gTLD domain names, although I will probably only purchase a few more in the short term. I plan on only hand registering the domain names I do purchase as opposed to paying a premium for them via the registry or through the aftermarket.

Since buying these domain names, I received

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Blockchain Now Managing Bitcoin.com

Elliot Silver
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14

This morning, the Wall Street Journal and Coin Desk reported that a deal was struck involving the exact match Bitcoin.com domain name. Blockchain, one of the leading Bitcoin wallet services, announced the deal this morning. Bitcoin.com had previously been developed, and it had a video explaining what Bitcoins are and how they are used.

Terms of the Bitcoin.com deal were not disclosed in the company’s blog post sharing the news, but Blockchain announced that “Blockchain.info has struck a five year deal to exclusively manage the domain name  Bitcoin.com.”

The domain name has been registered under privacy protection since 2010, so I can’t see a Whois change indicating a change of ownership. Based on the reports from the Wall St. Journal and Coin Desk, I can’t tell for sure if this was actually a sale, lease, or some other type of deal. The Wall St. Journal article seems to indicate a sale, but the wording in the other reports doesn’t indicate a sale to me. Either way, it doesn’t really matter all that much from my perspective.

Whatever the situation is, I think it is wise for Blockchain.info to make a deal to manage Bitcoin.com. This exact match domain name is easy to remember and I think it adds more credibility to the brand. It may also get them more organic traffic from Google, since Bitcoin.com seems to rank pretty well in searches for “bitcoin.”

It appears that exceptional Bitcoin related domain names are pretty popular right now.  Earlier this year,  BitcoinWallet.com was sold for a reported $250,000, and I also shared the story behind the plural  Bitcoins.com domain name. I am not a buyer of Bitcoin domain names, but it seems like companies are spending money to control the best bitcoin domain names.

Let Prospects Know About a Price Drop

Elliot Silver
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12

I was evaluating a domain name today, and I searched my email archive because it seemed familiar. The first email that mentioned it was from the owner who was asking if I’d broker his domain name and he provided his asking price because I was interested in buying it. I directed him to a domain broker since I don’t broker names, and two emails later in my archive (about a year in between emails), I saw the name listed as sold for about a quarter of the asking price. It’s too bad he didn’t tell me about the price drop!

If you are contemplating reducing the price of a domain name, it’s important to reach back to anyone who expressed an interest in the domain name, even if you think it’s a longshot. People’s circumstances change, as does the market, and someone who may not have wanted to make a lowball offer may see your new price and be interested in working out a deal at a later date.

One thing that I really like about

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