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James Iles

Expired Domain VIQ.com Sells For $19,550 on DropCatch.com

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By James Iles, Nov 8, 2016
  1. James Iles

    James Iles Writer at JamesNames.com and Consultant PRO VIP Gold Account Trusted Blogger ★★★★★★★★★★

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    It's extremely rare to see a three-letter .COM expire. With even the worst three-letter .COM's now worth at least $15,000 to an investor, they're prized assets that are popular worldwide. Recently, the news broke that the domain VIQ.com was due to expire, leaving the community wondering who would catch the name.

    Over the weekend it was revealed that DropCatch.com, one of the largest drop catching services, caught the domain name and was promptly placed into a public auction where the bidding quickly exceeded $10,000.

    dropcatch.jpg
    Before expiring, VIQ.com looks to have been used to host a Japanese magazine's website, Patchwork Tsushin Co. It looks as though the domain was active for many years before a parked page replaced the company's website earlier this year.

    I'm not sure what happened to the company, but one of their Twitter accounts hasn't been active since June 2015, whilst another was active in September 2016. Both accounts list VIQ.com as their homepage.

    It's strange to see a three-letter .COM expire, especially considering the fact that the owner would have had numerous opportunities to sell the name in the past to Chinese investors or brokers that contact three-letter .COM owners on a regular basis.

    This isn't the largest sale that DropCatch.com has posted. In January 2016 they caught Lian.com, which sold for $220,950 at auction. They have also caught one other three-letter .COM ; PDM.com, which sold on the platform for $31,050 in April 2015.
     
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  4. James Iles

    About The Author — James Iles

    James is a domain name industry and professional currently working on numerous domain industry research, acquisition and sales projects. Contact james (at) jamesiles.co.uk For all inquiries relating to NamePros stories and interviews, please email: [email protected] For James' own blog, visit JamesNames.com

    This is James Iles's 281st blog post on NamePros. View all blog posts

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  5. Comments (10)

  6. BostonDomainer

    BostonDomainer Top Contributor VIP ★★★★★★★★★★

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    That's a solid investment at a good price imo.
     
  7. Grilled

    Grilled Black Lives Matter

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    VIQ = Virtual Intelligence (IQ) or Vick?
     
  8. Jman92

    Jman92 keep grinding VIP

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    taught it could have gone for a little higher. Buyer got a great deal.
     
  9. alcy

    alcy Top Contributor VIP

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    yep
    virtual IQ sounds good to me!

    kinda pronoucable too!

    nice sale.

    well, see you at the next LLL that expires.. in like say.. 10 years or so! :)
     
  10. CamMK27

    CamMK27 Top Contributor VIP ★★★★★★★★★★

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    Someone definitely got one heck of a DEAL. Good Luck to winner. I am sure he/she can flip it for 6 figures for sure or at least close to it.
     
  11. elevator

    elevator DnCombo.com VIP

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    Wow! That was a very great deal for the winner. Buyers will fluck on him like bees.​
     
  12. james haw

    james haw Top Contributor VIP

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    they'll probably just be happy with a purchase :xf.grin:
     
  13. decode

    decode Established Member

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  14. Kamaz

    Kamaz Established Member

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    Great Opporunity, it's rarely to find 3LLL.com expired!!
     
  15. Sulabh Sharma

    Sulabh Sharma Top Contributor VIP

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    Why did someone let it expire?
     
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