According to Sedo’s weekly domain sales report, the domain name EverythingEverywhere.com was reportedly sold to the new T-Mobile and Orange entity for 1,900 GBP, or roughly $2,806 US dollars. As discussed here and elsewhere yesterday, some people thought the owner either left a lot of money on the table or was hosed by Sedo for some reason.
After seeing the sales price for the domain name, I think the owner got more than a fair price for it. I don’t think many people would have valued it on its name merits only at more than the price that was paid. Of course the company that bought it may have had to pay more if necessary, but I think close to $3,000 US Dollars is damn good for a domain name like this.
Interestingly enough, the company also purchased EverythingEverywhere.net from Buy Domains for $788 back in March. Perhaps if the owner had looked at the other domain registration, he would have known to ask for more, although the registration appears to be private and doesn’t show as being registered to the actual company.
Incidentally, The Register news article mentioned that the domain sale was completed the day the news broke, so perhaps the company was waiting to finalize the sale prior to making the announcement. If that’s the case, it was a very smart move that probably saved them quite a sum of money, considering the fact that the former owner thought the 1,900 GBP price was “nominal.”
Domains are worth what you get for them and nothing more.
I think a domains value can fluctuate by the minute.
For instance i might sell a domain for 100 dollars only to see the buyer flip it 1 day later for 1000 does that mean it was worth 1000 when i sold it? I say no.
On the flip side if everythingerywhere.com were to be put back up for sale by the new owner would it sell for more than 3k would it sell at all. When the original owner of the domain sold it, he got what it was worth at that moment in time.
Im not sure why Sedo is being blamed here. Does sedo get a percentage of the sale? Or did they get paid a fee to close the deal?
@ Brian
Sedo is not being blamed “here.” I think Sedo did nothing wrong, and I think they get their standard commission.
It wasn’t as if the seller was forced to sell at that price. He accepted the offer and that’s that. Sedo has no requirement to disclose buyer and seller information. If you are concerned about leaving money on the table go find end users for every name you own. $3,000 seems like a fine offer to me.
@elliot
To clarify not sure why others are blaming sedo
I once sold a domain name for a very decent margin over what I paid for it to, whom I found out later, was a rather large firm. So of course, one will think you could have gotten more for it. To me, it was a name that I was willing to part with, and I did so willingly. My case is similar to this here. Plus, who on Earth could have guessed EverythingEverywhere.com would be the name of a huge mobile firm in the UK?!
mp/m
The hardest thing to ‘learn’ in selling names? Properly identifying the potential buyer. If the seller had done better intel he would have said ‘Not for sale’ and let it escalate several levels from there.
The serious ones come back for another bite of the apple, and the tire kickers go away!
Hard to do sometimes – but with the right tools anybody can bump up the serious buyers – as long as you’re willing to walk away!