Update: MD.org Hits $500k on NameJet
The NameJet auction for the MD.org domain name has surpassed half a million dollars, and it is continuing as I write this (each bid adds an additional four minutes to the auction). The auction has met its reserve price, and it will sell to the highest bidder. The auction is a private auction, so only bidders who placed a backorder can participate.
As of the time of this posting, the current high bid is $506,600, with the bidder handle “freedotcom” leading the auction. The underbidder in this auction goes by userid “winters.” Assuming the leading bidder is someone associated with the Free.com domain name, it’s almost certain they are legit. I also recognize the second place bidder’s nickname, and that person is also a legitimate buyer.
Assuming the MD.org sale is completed, it will be the largest publicly disclosed sale of 2013. It will also be one of the largest .org domain name sales of all time. I believe the 2010 sale of Poker.org stands as the highest .org sale at $1 million.
MD.org is registered under Whois privacy at Moniker.
I will update this post once the auction concludes.
Thanks to Domain Agents for the update.
*** Update ***
Auction has ended at $555,650, with “winters” winning the auction.
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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
Andrew Rosener
Just when people were doubting the health of the domain market, a great name like md.org proves everybody wrong!
Great names still sell for great prices, although I have to admit I didn’t see this one coming!
Donny
Here is the reason why you don’t have an alias attached to the account.
If you see that you are familiar with a bidder or know that a bidder has deep pockets why not just create an alias and bid up the name.
What is the worst that will happen hen the the alias guy or gal that wins. Account shut down. Woooohhh big deal. Also very easy to put fake debit card, and license to get verified.
Now what happens to the real person that actually wins the bid but would of got it at around 30k if that original bidder had no intention at all of ever buying. That price got jacked up 470k for nothing.
They need to remove names of bidders it serves no purpose why do I need to know other peoples names that are buying. In fact I don’t think it is anyone’s business. Godaddy does not do it.
Donny ?
Elliot Silver
I assume the company would sue the winning bidder who didn’t pay.
Prakhar Bindal
For suing, you would have to know the real identity right?
Elliot Silver
I would assume that can be tracked. It would take quite a bit of effort to sign up without leaving any footprints, and what’s the point?
Elliot Silver
Bidding has exceeded $550,000
Donny
On the other side if these are two real bidders then that is just beautiful.
I hope the owner cashes in if all is on the up an up. Since ACA [passed, Health names and exchange names are starting to boil. This would be just off the charts.
Still I hate who knows who is bidding.
Donny
Elliot Silver
I know who the bidder is, and although I haven’t discussed this name with him, I am very confident the deal will close.
Mike
A very big .org sale, .org has really been picking up steam in the commercial uses as of late in my opinion .
The last big .org sale I remember was only a year ago and was only half that amount Social.org $226,000.
I can also see how MD would be a big seller.
Yinan W
I own AB.ORG and awaiting my lifetime opportunity. If the .com owner bought .org, it makes sense.
Elliot Silver
Good luck with your name.
Irfan
Md.org Sells for $555,655 in an All Time Record For Namejet.com reports thedomains.com
DNM
AutoInsurance.org also sold at a high price. I believe the domain sold at $440k in 2011.
The MD name is a huge domain. Hopefully, the buyer made a good investment because $555K would be a hug sum of money to lose out on.