Mike Mann tweeted he sold LightRock.com for $94,888
Apparently lol
It would not matter who has sold this domain for $94,888 ... it is surprising nonetheless, wether it was a homeless man or Mike Mann
But I corrected myself and said you maybe right about the solar farm, but in this case you corrected yourself and said it was the owners of the .co
Nonetheless there is proof now, so we can say it’s a real sale, but @DomainBarracksRob you of all people should be aware of the false sales and rumors that come up in this industry
I was just reading about wines.com which used to be owned by an old lady from 1994 - 2018, and she’s suing the man who tricked her into selling the name for $50K and that man, Khuram Dhanani was supposed to develop the name and share 50% of the revenue made, but instead he sold that domain to Brent Oxley for supposedly $200K “what he told her” but in 2017 the name had an asking price of $1.2M on SEDO ...
shady stuff happens in this industry all the time, I don’t just trust someone because they have money and I would suggest that you don’t either
I was trying to figure out why you are using "endures" in the previous comment. Now that you are using "Endsure" in this post, I realized you meant "End-user"!I understand what your saying and you’re make some points.
My point though l is this is not some “random” domainers saying they sold black blah blah for xx,xxxx
It’s Mike Mann doing it Publicly, on All public (Linkdedib Twitter FB )platforms. He’s not going to Risk his reputation and career by “ lying “ about some silly sales prices.......where even the Endsure can see his post and call him out. Just baffles me how unwitting many here are.
I know false sales get reported, im saying Mike does not make his up. That’s all.
Mike has a career name at stake...most people here reading this......do not.
I was trying to figure out why you are using "endures" in the previous comment. Now that you are using "Endsure" in this post, I realized you meant "End-user"!
I would pay no more than $1k for boatsofrsale.com, and TRY to get 5K for it. If you told me that sold for %50k I would not believe it....but 400k...bizarre.
400k it is an incredible price we all agree. Anyway boats are very expensive, 5000 for a boat seller is nothing. We should start pricing domains for expensive stuff higher.
Many domainers don't think too much about the endusers. I made this mistake for 10+ years before realizing that it is very important to think who may be interested to buy the name.
Endusers are not domainers, they don't care if the domain is a little longer or if a similar name has sold for less in the past, they care how much that name can help them in their business.
BoatsForSale.com and
BikesForSale.com may look similar, for sure I would have priced them with a similar price years ago, in reality they are very different, IMHO.
SOLD TO THE .CO
Light /Rock / Holdings AG
(An Real Estate and Development Management Firm )
Just an FYI... the .CO owners were not the buyers. The buyer was Lightrock Holding AG of Liechtenstein (the .CO owners are situated in New York & New Jersey). More details: https://jamesnames.com/2020/10/94888-buyer-of-lightrock-com-revealed/
Sometimes I'm thinking that he's not telling the truth. Maybe I'm wrong.
Trust me when I say I’ve been there and done that and I am well aware of value appreciation on certain investments
I can tell you I had the opportunity to represent all of Mike Manns portfolio once upon a time, I knew someone who was genuinely interested in his entire portfolio, but he would not sign a contract when I was a broker at that time ... he told me he wanted $100M and he was not willing to sign a simple contract
Now I have learned to take everything that is reported with a grain of salt, I however am also aware there are some sales that occur that do blow minds, I mean I sold sicily.properties one month ago for $1,200 - a name my partner and I registered in 2014 ... so I understand value appreciation very well,
I just do not view all the domain news as genuine, especially Mike Mann news, he is notorious for selling the most idiotic names for loads of money, a good example of this is the name, TruckCrashLaw.com which he apparently sold for $9000 ... I don’t know, just does not seem authentic to me
BoatsForSale is just “bragging rights” for OneMarine whom owns it now, in 2013 the name was sold by Frank Schilling for half that ... even still it’s one of the few triple keyword domains that can hold a six figure valuation and sell for six figures
BettingTips is not surprising at all
Green Street is brandable for the marijuana industry, also not surprising ... I represented Blue.com 5 years ago and they could not even get a $100K offer - makes no sense, the Blue Man group passed, IBM even passed ...
FiveNine - interesting result
FactoryOutlet - two sub par keywords -
Here’s a funny one for you, why is Cats.com still for sale, look who owns Dogs.com ... Guess what, Petsmart passed ^
Steve Wynn, Smith & Wesson, and South West Airlines passed on SW.com actually Southwest offered $100K - did not move for a year and the name ended up selling for $600K in China
How is it that Mike Mann can sell sub par domains like LightRock.com for $100K yet seven figure domains and domains that actually make sense sit unsold or sell to the next investor, because an enduser does not understand domains or is too stubborn to make a fair offer ... I just don’t get it, and you can say I’m drinking hatorade but honestly, think about it ... when you look at dnj results, you gotta think to yourself and ask yourself, “are all of these authentic sales”
A business seemingly operates from TruckCrashLaw.com Maybe one day they'll upgrade to truckcrash.com / crashlaw.com / truck.com just goes to show names we think will never sell, sometimes do sell.I just do not view all the domain news as genuine, especially Mike Mann news, he is notorious for selling the most idiotic names for loads of money, a good example of this is the name, TruckCrashLaw.com which he apparently sold for $9000 ... I don’t know, just does not seem authentic to me