I was browsing Twitter this morning when I noticed the tweet embedded below from Mike Mann, announcing the sale of Hueston.com for $25,000. This is a solid sale price, but even more impressive is the ROI achieved from the sale. Mann reportedly acquired the Hueston.com domain name in March of 2011 for $69.
http://t.co/HOxJJmRNBz, we dont have a problem, sold $25,000, purchased 2011-03-19 $69.
— Mike Mann (@mikemanndotcom) December 16, 2014
Judging by the $69 price point and the fact that the Whois shows the domain name had been registered at Network Solutions prior to Mann’s acquisition in 2011, it would seem that this was a purchase via the NameJet platform. The $69 price is the minimum bid, but I am not sure if there were other bidders or if Mann placed the only backorder and won the domain name for the minimum price.
The Whois record has already changed after the reported sale, and it appears the domain name was purchased by someone whose last name is Hueston. It appears that the registrant prior to Mann had the same last name, although I have no idea if they are related. The domain name still resolves to the DomainMarket.com landing page, so I am unsure how Hueston.com will be used going forward.
I reached out to Mann, and he confirmed the sale but declined to comment further.