Spend.com Sold via Sedo for $275,000
Dave Evanson is going to be having a great Thanksgiving. According to a tweet he just posted this morning, he brokered the sale of Spend.com for $275,000:
Just sold spend .com for $275,000 USD!! Congrats to buyer and seller!!
— dave evanson (@SedoDaveEvanson) November 22, 2017
The Whois record shows that the domain name is currently in Sedo’s escrow account. This likely means that the buyer already sent the funds to Sedo and the domain name is pending transfer to the buyer. Once the domain name transfers, I will provide an update on who bought it (assuming it was an end user buyer). There are quite a few companies that would benefit by upgrading their domain name to Spend.com. The domain name had been owned by a company based in the UK.
Unless there are additional large sales reported this week that I am not aware of right now, Spend.com will rank as the 16th largest sale of the year on DNJournal’s year to date sales report. It will tie the $275,000 sale of WMP.com, which also sold via Sedo.
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About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.Reach out to Elliot: Twitter | Google + | Facebook | Email
Nick
sadly, undersold.
RetireFund
The buyer got a great deal here!
John
IKR. See my “bottom line” post below.
Asset.Domains
thank you for reporting this, great news from Sedo.
i have a question: what different uses for this name ? could you provide some examples ? thanks
Elliot Silver
Maybe a budget management or spend tracking tool?
Asset.Domains
got it, thx u .
John
“great news from Sedo” = Not
JZ
way too cheap.
raymond
Undervalue….should be million dollar figure $x,xxx,xxx
Amr
Getting 7 figure offer may take year’s and no guarante it will come.
Sometimes seller can’t wait.
John
You don’t need a “broker” to get a price like that. You expect different.
Meika
Undersold.Not much effort from broker.Might be good return for seller but common.Lucky buyer.I would rather take an equity and sell for that than sell without equity.
I expect brokers to do more.
Happy Thanksgiving.
John
Bottom line:
People need to stop all the Kool-Aid serving emperor has no clothes bulls**t (don’t hold your breath of course). This price is low for a domain like that.
Walter
Giving premium domains away for almost free now, are we? WTF!? Why would a domain broker allow a 7+ digit domain like this get sold for a low 6 price? If I were Evanson, I’d not promote this sad excuse of a sale. Way too embarassing.
John
And don’t forget LA.com…
Joseph
Here’s another post in which readers similarly point out that Dave Evanson of Sedo sells premium domain names for too little money,
https://domaininvesting.com/sedo-brokers-bra-com-for-165k/
Elliot Silver
I shared some thoughts about “under sold” domain names: https://domaininvesting.com/sold-domain-names/
Charlie O.
Seems he is now marketing Spending.Com too. Shouldn’t these two have been bundled together to generate a bit of a better price? Just sayin’.