Sounds about right.
However, brokers don't usually get to choose when the sale happens; the seller decides when it's time to sell or wait.
Ah, sorry, my comment wasn't clear. I hadn't watched Andrew's video. I've now watched the video. Andrew talks about $15 million deals and about his buyer not being ready to make an offer.
I think a generous conclusion is that Andrew's buyer had floated a willingness to spend around $50 million on the domain but wasn't ready to commit to it. I'd guess Andrew communicated that to the seller's broker, the seller's broker told Kris about the $50 million and hammed the viability of the "offer" up a little, then Kris comes in with $70 million that he's willing to spend immediately and does the deal... and then, according to Kris, the day after the deal is agreed, Andrew's buyer comes in with a $500 million offer to Kris.
I trust Andrew so I am sure there was another buyer and I'm sure they were willing to spend, say, $50 million on the domain, but it seems ridiculous to think that a buyer that can't get their shit together one day to offer $50 million would be able to immediately get their shit together and offer $500 million the next day or even $1 billion.
Andrew specifically talked about 8 figure deals being the new normal. If his buyer had been willing to spend $500 million or even $1 billion on ai.com I think he would have said that. He talked about $70 million as being influential and beneficial to the value of domains he is representing on the sell side, including id.com. If there was a buyer willing to pay $500 million for ai.com, he would surely be shouting that from the rooftops as it would be even more beneficial.
My previous comment should have read: if the $500 million offer is true, it is very embarrassing for the seller's broker (not Andrew) because they left
at least $430,000,000 on the table.
Thanks for sharing Andrew's video!