A lot of stars sure had to align for that massive outlier to happen. Congrats to the seller, but that type of sale is clearly not repeatable.
Brad
How could it be repeatable if nobody asks that price?
Imagine if everyone in the designer handbag business was convinced that nobody in their right might would pay over 1,000 dollars for a handbag?
A big part why there aren't many domainer millionaires because we care about prior sales too much. You can't get 99k for a name if you ask for 5k, buyers usually don't insist that you take more money from them (unless it's an escrow scam).
We shouldn't care about prior sales because most buyers don't even know to check prior sales. They need the name, they like the name, you set the price and the market will decide.
Fear is the reason so many domainers barely break even.
Imagine if CyberSecurityJobs dot com went by prior sales, would he get 205k? Would TradeZero get 500k BankFirst 800k TechnologyHoldings.com 150k LawyersNearMe.com 140k these are some of the reported sales this year.
When people wonder how some of those xyz's go for 5-6 figures, we should remember that they would go for 2-3 figures if the pricing was left up to the average domainers brain.
Globally startups are raising billions of dollars every week, a lot of people have a lot of money, a lot of companies are about to invest millions in developments, tens of millions in marketing, do you guys think a domain they like for 500k will kill the deal? They will go with the .garbage?
Everyone should go to their AN/DAN now and look at the good names you have and start pricing it real high, so high that domainers will laugh. End users are not domainers.