Sedo broker Dave Evanson has been given another domain name exclusive, as I learned his company is currently brokering Massachusetts.com on behalf of Nat Cohen’s Telepathy, Inc. A sales price has not been publicized. My best guess is that it will take a mid to high 6 figure offer to close a deal on it, although that’s just a guess.
Nat’s companies own a number of high value domain names (like OceanCity.com and Retirement.com to name just a couple), and it’s not a surprise that he would opt to sell. I personally have found that to maximize the value of a geodomain name, it needs to be developed, and with so many one word descriptive/generic .com names, it would not be feasible to successfully develop them all within one’s lifetime.
With millions of dollars in advertising and marketing spend this past year, I could see the Massachusetts Office of Travel & Tourism upgrading its website from MassVacation.com. There really isn’t a better domain name for them to own, granted it will be an expensive acquisition. I also think it would behoove the state government to acquire this domain name, but I would imagine that would be a difficult acquisition to make in light of the dour economy.
I don’t recall seeing any state .com domain names on the market in quite some time. Just recently, Ryan Colby announced that Sedo had secured the rights to broker Austin.com.
To learn more about the sale of Massachusetts.com, Dave Evanson can be emailed at dave.evanson@sedo.com, and to learn more about Austin.com, you can email Ryan Colby at ryan.colby@sedo.com.