TP.com Sells for $929,000 on NameJet
NameJet started the year off on a strong note today with the sale of TP.com for $929,000. This was a private auction, and the seller did not have a reserve price set, which shows great confidence in the NameJet platform. Off the top of my head, this appears to be the second largest sale on NameJet, behind December’s $1.035 million sale of JG.com.
There were 340 bids from 249 bidders in the auction. There were four bidders who bid in excess of half a million dollars for the domain name.
NameJet has had success selling two letter .com domain names. Some of the platform’s past recent LL.com domain name sales include the following:
I looked at the DNJournal year to date sales report for 2015, and I see the sales of SX.com and GJ.com reported, but it does not look like the sale of JG.com has closed yet (although it may have closed but not been reported). That auction ended a little over a month ago.
NameJet currently has four other valuable two letter .com domain names in the NamesCon auction, which concludes tomorrow:
I assume the high bids on at least a couple are close to their reserve price, so perhaps NameJet will set a new platform record tomorrow. I’ll keep my eyes on the auctions as they close.
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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
DonnyM
That be a lot of “Toilet Paper” they will have to sell.
I think costco wins. Maybe tplink bought it??
Adam
The buyer of this domain is on a streak. He really wiped out the competition.
Elliot Silver
No shit!
Mike
Could you please provide us with an information what is a commission that NameJet charge for the auction sales?
Elliot Silver
That would be a good question for NameJet.
Mike
Without such information readers don’t know what money sellers get and any information provided without such important factor are incomplete and pretty much just a noise. Domain investors needs to know what profit they may expect and net sales are the only information they can use. It is important to note that the NamesCon/ROTD/NameJet auctions may have higher commission involved then the standard NameJet acutions.
Elliot Silver
What’s the difference between this and every other broker or brokerage reported sale where commission is unknown?
You probably already know but TP.com was not part of the NamesCon auction, which ends today.
Adam
Assume that the commission is around 10-20% .
The bigger thing is that we also don’t know what the former owner paid for the name when they bought it. They may have netted 0. We know what the market has determined the value to be today.
Larry
What is the NJ commission on this type of sale?