sales You have to know what you own - DWN.com sells for 2,999 Euros

equity78 · Mar 28, 2017

You have to know what you own, or ask someone. What in my opinion is the best value buy of the year took place on Sedo this week. DWN.com listed as buy it now for 2,999 Euros was scooped up quickly by a Chinese registrant. I verified this with Sedo for 100% accuracy. So there is no conspiracy here. The seller was Data Warehouse Network out of Cork, Ireland. Here is the thing they got acquired by another … [Read more...]

Silentptnr · Mar 28, 2017

That's crazy! Great move on the part of the buyer! The seller could have made alot more!

Thanks for the info.

equity78 · Mar 28, 2017

Silentptnr said:
That's crazy! Great move on the part of the buyer! The seller could have made alot more!

Thanks for the info.

Irish company established in 1993 regged the .com in 1996, acquired by Sybase in 1999. So someone just overlooked this and someone there listed on Sedo 2,999 Euro buy it now, I verified with Sedo, they went back and took a look. Crazy, if they were paying attention in 2015 that name gets what $80,000 without trying, probably $100,000 plus.

Silentptnr · Mar 28, 2017

I would say over 100k based on the letters, domain history and comparable sales. Unbelievable! The buyer must be on cloud 9. Just made an easy, overnight 75k.

imadoer · Mar 28, 2017

Impressive! Congrats to the buyer. Wish it was me

omelet · Mar 28, 2017

holly....

Wannabean · Mar 28, 2017

It's a wonderful find.

I wonder how many times the buyer pulled the trigger on things like this before only to be let down and have their funds tied up. If the answer is a high number, then it makes this all the more impressive.

sofiapartner · Mar 28, 2017

Like winning from the lottery.

James Iles · Mar 28, 2017

*cue 500 people searching through Sedo's BIN listings*

Great sale for the buyer. Can't believe the seller wasn't aware of the market price. They must've received daily offers in late 2015

equity78 · Mar 28, 2017

James Iles said:
*cue 500 people searching through Sedo's BIN listings*

Great sale for the buyer. Can't believe the seller wasn't aware of the market price. They must've received daily offers in late 2015

Right James, they had a DWN.com email address, so they must have just looked at all those emails as spam.

After RQH.com sold for $2,000 a few years ago, I started checking the LLL.com buy it now on Sedo, but not every day.

Wannabean · Mar 28, 2017

equity78 said:
Right James, they had a DWN.com email address, so they must have just looked at all those emails as spam.

After RQH.com sold for $2,000 a few years ago, I started checking the LLL.com buy it now on Sedo, but not every day.

Did you find many false flags? That would be my concern searching through BIN lists. Tying up my cash repeatedly on the hope that the listing was legit.

Lox · Mar 28, 2017

Maybe the seller accepted Sedo's auto valuation price suggestion.

platey · Mar 28, 2017

It's a good bargain as bargains go

But 3k euro etc the buyer could make 4000%? Interest which is nice work if you can get it

But I did something similar this year

I sold an $18000 domain for 0.99p eg $1

Silentptnr · Mar 28, 2017

platey said:
It's a good bargain as bargains go

But 3k euro etc the buyer could make 4000%? Interest which is nice work if you can get it

But I did something similar this year

I sold an $18000 domain for 0.99p eg $1

What was the domain?

James Iles · Mar 28, 2017

equity78 said:
Right James, they had a DWN.com email address, so they must have just looked at all those emails as spam.

Address changed from a DWN to another email at the beginning of March. I'd still guess they would have had a few offers via email between the beginning of march and the sale. Can't believe they could view all enquiries as spam.

.NJ · Mar 28, 2017

Crazy $hit....

I have come across deals like that in the past, but move along quickly.

99% of the time it's either a stolen name or a scam.

I fell for it once years ago with Godaddy, and my funds ended up being tied up.

It was a mess.

Congrats to the buyer though!

equity78 · Mar 28, 2017

James Iles said:
Address changed from a DWN to another email at the beginning of March. I'd still guess they would have had a few offers via email between the beginning of march and the sale. Can't believe they could view all enquiries as spam.

Right changed recently, I am talking in 2015 you figure they got a lot of offers.

James Iles · Mar 28, 2017

equity78 said:
Right changed recently, I am talking in 2015 you figure they got a lot of offers.

Yep. I worked with a few 3L chip owners in December 2015. Many were getting several enquiries per week, some with a 5 figure offers attached.

Cebe · Mar 28, 2017

Wow...great for buyer.

RBCDNs · Mar 28, 2017

Crazy find. Just about fell off my chair when I read this! You have to wonder what the seller was thinking... Or maybe there was an error in the list price? Something tells me we haven't heard the end of this...

Congrats to the buyer... But at the same time I feel like the buyer should have offered more than what it was listed for; while fully knowing the potential value of the name. Estibot's valuation; which shouldn't even be considered as the end all be all, valued this name at $67,000.

Once the seller finds out the true value of that name he/she just might end up depressed or down right angry; I know I would be...

Jman92 · Mar 28, 2017

Wow! Had to read the headline twice.

wayne wooldridge · Mar 28, 2017

RBCDNs said:
Crazy find. Just about fell off my chair when I read this! You have to wonder what the seller was thinking... Or maybe there was an error in the list price? Something tells me we haven't heard the end of this...

Congrats to the buyer... But at the same time I feel like the buyer should have offered more than what it was listed for; while fully knowing the potential value of the name. Estibot's valuation; which shouldn't even be considered as the end all be all, valued this name at $67,000.

Once the seller finds out the true value of that name he/she just might end up depressed or down right angry; I know I would...

You're a better person than I am... If someone offers me something dirt cheap and it's legit, I'd take the money and laugh my way to the bank... Just being honest!

equity78 · Mar 28, 2017

RBCDNs said:
Crazy find. Just about fell off my chair when I read this! You have to wonder what the seller was thinking... Or maybe there was an error in the list price? Something tells me we haven't heard the end of this...

Congrats to the buyer... But at the same time I feel like the buyer should have offered more than what it was listed for; while fully knowing the potential value of the name. Estibot's valuation; which shouldn't even be considered as the end all be all, valued this name at $67,000.

Once the seller finds out the true value of that name he/she just might end up depressed or down right angry; I know I would be...

No way to do that on Sedo, it was listed as buy it now, you click buy it now and the transaction starts.

RBCDNs · Mar 28, 2017

equity78 said:
No way to do that on Sedo, it was listed as buy it now, you click buy it now and the transaction starts.

So there no way for the seller to reverse the transaction I presume?

Domainscoop.com · Mar 28, 2017

I guess I just lost 97k today

sales You have to know what you own - DWN.com sells for 2,999 Euros

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