Could we see the largest public domain name sale of the year in less than a week? Lifestyle.com has a 2,000,000 GBP bid in a Sedo auction, and it shows that the reserve has been met. At today’s exchange rate, that bid is $2,436,600 USD. The auction was first noted yesterday by Logan Flatt:
https://t.co/6U98UFRgyj currently has a $2.0 Million GBP bid on it at @Sedo. Legit bid?
— Logan (@LoganFlatt) May 21, 2020
If this bid is legitimate and the domain name sells at this price at the conclusion of the auction, it would rank as the largest domain name sale of the year, easily surpassing the €554,000 sale of OA.com, also on Sedo. In 2019, there were six publicly reported seven figure sales, but there have not been any seven figure deals reported this year.
In order to place a bid in that amount on Sedo, the platform requires “Additional Certification,” which is mentioned clearly on the auction page:
“Please note that in order to place bids above 10,000.00 GBP, an additional certification is required and completion of this process may take several business days.”
It should be noted that this is not the first time Lifestyle.com reportedly had a bid. It does not appear that the domain name sold last year based on Whois records.
Lifestyle.com is a fantastic domain name, and I will keep an eye on forthcoming Sedo sale reports to see if this domain name is sold.
Update: I was told “the auction was canceled after it was discovered there was an issue with the bidder’s account.”
It makes sense. A domain like that is similar in value to fashion.com an luxury.com.
Why wouldn’t this be a legal bid? This low 7-figure bid is not an outlandish bid by any means. As a matter of fact, I think it’s low. This is an 8-figure domain name in my honest opinion.
Remember the Voice.com – $30 Million Dollar sale a year ago?
Fully agree with Vito. Why wouldn’t the seller test the market? He doesn’t need the money, plus that is a life-changing kind of domain. I think $2.5m is about the right price though.
I believe if the timing is right, it will sell for a pretty good amount. A good domain name like Lifestyle.com can command any amount.
Who’s the greedy fool who didn’t accept the offer as is?
I can see someone buying it for that much…great domain imo.
Hey Boss…tell us which fool you are seeing.
You 🙂
j/k
How can it be me? I’m not buying…
So now everyone here all knows that the fool is really you…
Hey Boss, if j/k meant ‘just kidding’, then my bad…
Yes Sir, I was just kidding my friend.
hahaha lol
Ok, my friend….
Haaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa……..!!!!
Originating in India in the year 1999, Lifestyle is a retail fashion brand which comes under Dubai-based retail and hospitality conglomerate, the Landmark Group and they are currently using lifestylestores.com.Landmark Group is also in construction of shopping malls.
If you bid more than a certain amount on a name on SEDO, I believe you need to provide financial vetting, right?
Hey Steve, so are you saying that you think it’s worth so much, am I hearing you right?
Observer, I believe lifestyle.com is worth 7 figures. Yes, indeed!
Great potential as the name of a company. Works for Branding, and lifestyle and game apps are the most popular categories for apps
Ok Steve, then I guess the jokes on you…
Haaaaaaaaaaaaaaaaaaaaaaaaaaa!!!