Vehicle.com Sold for $121,675

Elliot Silver
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16

Monte Cahn emailed me to let me know his company, Right of the Dot, brokered the sale of Vehicle.com for $121,675. A week ago, Monte reported that his company brokered the sales of Kick.com for $276,077.45 and Cogent.com for $60,029.60.

The Vehicle.com domain name is currently registered under Whois privacy at Namecheap. When I visited Vehicle.com this morning, I was taken to an Efty “for sale” landing page on Oxley.com. That website is owned by prolific domain investor Brent Oxley, who has acquired many high value domain names over the last few years.

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Prospect Under No Obligation to Reply

Elliot Silver
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11

Yesterday, I received an email from someone looking to sell a domain name that I don’t believe has value. Put another way, I wouldn’t hand register the domain name with your credit card, let alone pay someone a premium to buy it. I’ve been pretty busy lately, so I did not reply to the email. This morning, I received a sassy message from the same person telling me they expected to receive an answer from me and was upset that I did not reply.

A prospective buyer is under no obligation to respond to an unsolicited domain name sales email. Just like I am not obligated to reply to a spam phone call or a marketing letter in the mail, I do not need to reply to an unsolicited domain name sales email. Even when a prospective buyer requests a price, they are under no obligation to follow up if they do not wish to do so. It seems silly to have to write this, but sometimes something that seems like common sense to me may not be common sense to everyone.

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Why I Don’t Hold Out for Top Dollar

Elliot Silver
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6

When it comes to domain investing and selling domain names, there is a wide variety of thoughts on optimizing domain name sale prices. Some people, like Rick Schwartz, will almost never sell a domain name for less than the optimal market value. As you should know, Rick has done very well with his domain investments and this strategy.

I tend to utilize a different strategy for my domain name sales. For my “inventory” domain names, which make up approximately 90% of my domain portfolio, I try to achieve as high of a price as possible, but I am content selling for a fair price and nice ROI even if the sale price is not optimal.

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More Sales Data Coming from DAN and GoDaddy

Elliot Silver
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4

In the coming months, we will begin to see more domain name sales data shared publicly by two of the largest domain name sales platforms. This morning, GoDaddy and DAN separately announced that more domain name sales transacted on their platforms will be publicly shared and reported.

DAN announced its privacy policy change on Twitter, providing details about how sellers are able to opt out of sharing sales they transact on the platform:

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Right of the Dot Reports Sales of Kick.com and Cogent.com

Elliot Silver
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13

Monte Cahn, CEO of Right of the Dot, sent me an email to let me know his firm has brokered two large domain name sales. Kick.com was sold for $276,077.45 and Cogent.com was sold for $60,029.60. I believe both of these domain names had been previously registered to New Ventures Services, Corp., which is a portfolio company associated with Web.com.

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Believe.com Sold for $200,000 via Kate Buckley

Elliot Silver
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15

Domain broker Kate Buckley announced that her company (Buckley Media) successfully brokered the sale of Believe.com for $200,000. Based on the current Whois records, it would appear that the deal has already transacted.

The sale was announced via Kate’s Twitter account earlier this morning:

This is the second six figure sale Kate brokered this month. Less than a week ago, Kate announced the $100,000 sale of GreenStreet.com. That sale is currently tied for the 17th largest publicly reported domain name sale of 2020, as reported by DNJournal. The $200,000 sale of Believe.com will rank as the sixth largest sale of the year (to date) tying the $200,000 sales of Profitable.com, Shop.app, and AOA.com. I also added the sale of Believe.com to the Embrace.com list of one word .com domain name sales.

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