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January Great Domains Auction Results

Elliot Silver
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0

The Great Domains auction held on Sedo ended a few days ago, and the results are reported below. My personal favorite, BTB.com, sold for just under $40,000. I like the name because of the “business to business” connotation, even though most people refer to that as B2B or something similar.

In total, the auction netted over $100,000 USD in sales. Several 3 letter .com and .net domain names sold for decent amounts, including AFQ.com, MVL.com, and ARM.net.

Here are the results of last month’s auction:

btb.com $US 38350
terminus.com $US 10099
afq.com EUR 9999
mvl.com $US 9101
snapsale.com $US 6410

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More Details About True.com Domain Name

Elliot Silver
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On Monday, I posted an article about the sale of the True.com for $350,000. Dave Evanson and Negar Hajikhani of Sedo co-brokered the deal, and the company faced some  criticism in the comment section related to the sales price. Although I think $350,000 for a domain name like True.com sounds like a good deal for the buyer, I don’t think it’s fair to comment about a deal when private details about the seller are not known.

I was able to find some more information about the company that sold True.com in a Wall Street Journal article  from October of last year. In addition, I learned that the company that owned the True.com dating website, True Beginnings, LLC,  filed for bankruptcy back in 2012, according to the Dallas Business Journal.

According to the WSJ article:

“A Canadian online dating site has pulled the plug on its offer to buy

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New TLDs on 2014 SXSW Agenda

Elliot Silver
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SXSW AgendaThe South by Southwest (SXSW) event held annually in Austin, Texas is a mixture of technology and music. This year’s SXSW agenda features a brief session about the new TLDs that will be available later on this year. The Future15 15 minute session will be led by Jeremiah Johnston, General Counsel at Sedo.

The session / panel is called “The Discussion’s Over: New Domains Are Here,” and it will be held on Monday, March 10 from 12:30 – 12:45 in Ballroom E of the Austin Convention Center. Based on the description of the session, it looks like Jeremiah will be providing a general overview of the opportunities available with the new domain names and give some advice to companies who are considering the purchase of new domain names.

According to the agenda,

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TrueCar.com Acquires True.com for $350,000

Elliot Silver
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On Twitter this morning, Sedo broker Dave Evanson reported that he and Negar Hajikhani co-brokered the sale of True.com, and the buyer and new registrant is TrueCar.com, a car pricing and comparison website. True.com was purchased for $350,000 in an all cash deal. I understand that  Sedo became the brokerage of record approximately one month ago, and the domain name was purchased for the asking price set by the seller.

After Sedo was able to secure this exclusive listing, Dave Evanson approached TrueCar.com about the opportunity to purchase True.com. According to Dave,

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Dave Evanson of Sedo Brokers Jobs.CA for $450k

Elliot Silver
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According to a tweet that was posted this evening by Sedo domain broker Dave Evanson, the company brokered the Jobs.CA domain name for $450,000. The domain name is registered to a company at a registrar called BareMetal.com, Inc., although I could not find the name of the current registrant in Whois records.

This sale will rank as the largest publicly reported ccTLD domain sale for the year, according to DNJournal’s year to date sales report. Congratulations to all parties on the transaction.

Managing Sale Listings Post-Inquiry

Elliot Silver
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I assume that most people with domain name portfolios have sale listings at marketplaces like Sedo, Aftermarket.com, and Afternic. If you’re like me, you list some domain names for sale at BIN prices and others are of the make offer variety. On occasion, I will update the prices as the market dictates, although I often “set it and forget it” in the words of infomercial star Ron Popeil.

Oftentimes, inquiries for my domain names either come from the domain name’s landing page or as a result of my emailing potential buyers. Because of this, many prospects don’t see what price a domain name is listed for on a marketplace, so there could be a price difference – sometimes more or sometimes less depending on market and business conditions.

When this happens, a prospect could

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