George Kirikos uncovered two six figure domain name sales and a large .Club domain name sale. The domain names were acquired by a company called Farmhouse, Inc. The company trades under the OTCMKTS ticker symbol FMHS, and the domain name acquisitions were reported in the company’s S-1 filing with the US Securities & Exchange Commission.
FarmHouse reportedly acquired Extract.com for $300,000, Blunt.com for $125,000, and Weed.Club for $30,000. Here’s George’s tweet from this morning:
Earlier this morning, Rick Schwartz tweeted about the hottest domain name in his portfolio right now. It’s not a surprise to me, but the domain name receiving the most inquiries in Rick’s portfolio is Homemade.com:
Morning folks!
My hottest #domain right now is homemade*com
These are people probably making #homemade facemasks etc.
Of course their budget is $100 or $200 if that.#Domains are unique assets that can’t be replaced.
Inquires, until a sale are simply a validation of demand.
— Rick Schwartz 👑 The DomainKing® 👑 Since 1995 (@DomainKing) May 13, 2020
Evolution.com has been registered under MarkMonitor’s DNStination, Inc. privacy proxy service for several years. According to DomainTools’ Whois History tool, Evolution.com was previously registered to iRobot until June of 2016. At that point, the domain name Whois record went private, so it is unclear if iRobot simply enabled the privacy proxy service or if the domain name changed hands.
Evolution.com had been listed for sale via MarkMonitor, with the domain name forwarding to a “for sale” landing page directing inquiries to MarkMonitor:
The past two weeks have been busier than I expected in terms of domain name sales. I sold a handful of inventory-quality domain names through a variety of channels. I closed deals via DAN, GoDaddy, and direct negotiations via Embrace.com. There were no home run sales, but I was happy closing 5 figures in deals considering current economic conditions impacting businesses throughout the world. Again, these were middle of the road, replaceable domain names that I was happy to move, with the majority being BIN-priced inventory.
Frankly, when I returned from Costa Rica at the end of February, I thought sales would be pretty dead through the Spring and perhaps into the early Summer. Even GoDaddy warned about softer sales at the higher end of the aftermarket in its Investor Day presentation (page 75). For me, that has rung true, but the lower end sales continue to help fuel my business.
This past Friday, Andrew Rosener from Media Options commented about his company’s sales, and he said it was the strongest week of the year for him:
Dave Evanson, Senior Domain Broker at Sedo, announced that he brokered the sale of the ElectricCar.com domain name for $180,000. The sale announcement was posted on Dave’s Twitter account this morning:
Just sold ElectricCar .com for $180,000!! Congrats to buyer and seller!!
— dave evanson (@SedoDaveEvanson) May 11, 2020
I used to get annoyed when I received a lowball offer to buy one of my higher value domain names. It’s 2020, and I would expect that if someone is smart enough to know they want to buy one of my one word .com domain names, they will know enough to understand that each has substantial value, and a $100 offer isn’t going to cut it now – and probably wouldn’t have even made sense 25 years ago either.
Instead of giving a snarky reply to prospects or simply of ignoring them, I take a bit of a different tactic these days. I offer a suggestion that might help them as they continue to try and find a domain name in their budget. Here’s an example of a recent reply:
“Sorry, but with a budget of $100, you should look for a domain name that is not already registered by someone.”
i used to like telling people that they would need to go back in time to buy my domain name with their budget. I think it’s a humorous way to let someone know their budget is ridiculous today. Aside from amusing myself, I don’t really think that reply was fruitful. At best it got a chuckle from someone and at worst, it made someone upset that I was making them out to be a fool (perhaps deservedly so).
Today’s reply is a bit softer, and I think it’s more appropriate given the current levels of anxiety and angst people are feeling.
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