Home Blog Page 15

Sim Loses the Studio for $220,000

0

Andy Booth recently reported the $220,000 sale of Sim.ai. Based on the screenshot he shared, it appears he sold it directly to the buyer using Escrow.com to transact.

The $220,000 sale of Sim.ai is the fifth largest .AI domain name sale, year to date, according to NameBio.

Thoughts on Domain Name Appraisals

6

There are numerous automated tools that attempt to place a value on domain names. They use various sets of data, artificial intelligence, and machine learning to estimate what a domain name could be worth. Some sales platforms and marketplaces show appraisals on a purchasing or bidding page, which implies authority. Domain name appraisals are often treated as validation tools by domain registrants and dismissed as irrelevant by buyers.

Some of the most popular and widely used/cited domain name appraisal tools include the following:

GoDaddy Now Offers LTO Checkout Links

0

Earlier today, GoDaddy announced that customers can now create checkout links for Lease to Own (LTO) deals. Customers have been able to import these types of leads for buy it now sales only.

Track Domain Name Sales with NameBio Saved Searches

I pay pretty close attention to the domain name aftermarket. I read DNJournal’s weekly sales report, follow NameBio on X, and track many domain name sales and auctions on the major aftermarket platforms. There are many sales that I miss though.

That’s where NameBio weekly saved searches come into play. At the moment, I track every dictionary word .com domain name sale that is recorded by NameBio. This includes all of the large sales I likely noticed throughout the week, and it also includes some of the more obscure one word .com sales I would have missed. For instance, in yesterday’s report, I saw that Windjammers.com sold for $765 via GoDaddy.

Don’t Vastly Overprice a Wholesale Name

Someone from the industry reached out to me early this year offering to sell a domain name to me for more than $100,000. I passed on the opportunity because I thought it was vastly overpriced. I didn’t counteroffer either because the amount I would pay was far lower than the asking price.

Months later, I saw the domain name sold for very low 5 figures. I can’t turn back the clock, but had the asking price been around $25k, I probably would have countered at or above the eventual sale price. Perhaps a negotiation would have made it even higher.

Atom.com Featured Sales Include LTO Deals

7

Over the last several weeks, I have been adding more domain names to my account at Atom.com. I have just shy of 250 domain names listed for sale along with some that are pending review. With another lease to own sale started last night, I currently have 4 LTO deals in progress at Atom. Two are .com, one is .AI, and one is .xyz.

Recent Posts

GoDaddy DBS Broker Tom McCarthy Explains His Role

0
GoDaddy has two distinct brokerage teams that work exclusively on behalf of buyers or sellers. The Afternic team represents sellers who have listings on...

How Much Overlap on AI Domain Name Creation?

1
I sold a two word .com domain name for $4,999 via Afternic last night. The domain name consists of a noun and a verb,...

Atom Pay Offers $10 Transaction Fee Through 2025

0
Atom.com introduced one of the better Black Friday deals I've seen offered. The platform is allowing customers to transact with its Atom Pay service...

GoDaddy’s Paul Nicks Retires

3
Paul Nicks is a longtime GoDaddy employee of 18+ years, has announced his retirement from the company. Paul previously served as President of the...

Outbound Sales? Look for a Trade Organization

1
I don't think successful outbound domain name sales is easy. In fact, it can be pretty demoralizing depending on the response to your outbound...