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domains CognitiveAutomation.com SOLD for $260,000

Dynadot Dynadot

URLU

Top Contributor
Impact
3,532
CognitiveAutomation.com sold for $260,000. This name was hand registered in 2016!

"We first reported this sale by Joseph Ciprut was in progress under an installment plan two years ago. The deal originally called for a total of $300,000 in payments but Joseph received an offer from the buyer to close the deal early in return for reducing the price to $260,000 and he accepted. Joseph sent me the closing documentation right before NamesCon and I was happy to see him again at the show where he understandably had a big smile on his face!"

Source: https://www.dnjournal.com/archive/domainsales/2022/20220921.htm
 
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atulghorpade

Established Member
Impact
31
CognitiveAutomation.com sold for $260,000. This name was hand registered in 2016!

"We first reported this sale by Joseph Ciprut was in progress under an installment plan two years ago. The deal originally called for a total of $300,000 in payments but Joseph received an offer from the buyer to close the deal early in return for reducing the price to $260,000 and he accepted. Joseph sent me the closing documentation right before NamesCon and I was happy to see him again at the show where he understandably had a big smile on his face!"

Source: https://www.dnjournal.com/archive/domainsales/2022/20220921.htm
Good 2 word domain. Congrats to seller and buyer.
 

bmugford

www.DataCube.comTop Contributor
Impact
39,751
That is an amazing price to quality of domain ratio.

It's a good domain, but $260k good?

It just shows that domains are one of a kind assets that can be worth an extremely high amount to the right end user.

Brad
 
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Bob Hawkes

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NameTalent
Impact
31,625
Since a while ago, thought I would point out I did an interview for the NamePros Blog with the seller, Joseph Ciprut, back in 2020 just after the sale.

https://www.namepros.com/blog/domainer-interview-joseph-ciprut-the-cognitive-master.1205622/

The sale was originally to be 3 instalments, 3x$100,000, but he agreed to a slightly lower price subsequently to close the deal early.

Agree it is a good price, demonstrating the worth of owning a category defining term in an emerging technology, even if the name itself is long.

Bob
 
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bmugford

www.DataCube.comTop Contributor
Impact
39,751
Since a while ago, thought I would point out I did an interview for the NamePros Blog with the seller, Joseph Ciprut, back in 2020 just after the sale.

https://www.namepros.com/blog/domainer-interview-joseph-ciprut-the-cognitive-master.1205622/

The sale was originally to be 3 instalments, 3x$100,000, but he agreed to a slightly lower price subsequently to close the deal early.

Agree it is a good price, demonstrating the worth of owning a category defining term in an emerging technology, even if the name itself is long.

Bob

Congrats to the seller.

I would not have got that price for this domain, because I never would have asked that price.

Pricing is an art. If your price expectations are this high for similar domains you have to turn down an awful lot of good to great offers to make that one amazing sale.

Brad
 

The Durfer

Wesley SweatmanTop Contributor
Impact
16,331
i think that is the biggest two word domain sale ive ever seen, whoohoo! congratulations! :)
 

Bob Hawkes

Top Contributor
NameTalent
Impact
31,625
HealthInsurance sold for $8.13 million in 2019. It is technically two words as well, but expresses one idea. Because not as specialized, I think more domainers can see that as high-price name.

While not nearly as common an expression, I think in eyes of the buyer this was a unified expression, even though two words, that would give them a leg up on competition.

Agree with Brad that the vast majority of domainers would not even think of asking this sort of price. Without revealing too much, Joseph did discuss and seek opinions on the domain social sessions. That is where I first 'met' him.

As Brad says, pricing is an art. Joseph has turned down some strong offers on other names, I know. This big sale obviously placed him in a position that he does not need to be that flexible on future sales, unless he wants to.

I think one advantage he had is that his business plus psychology background, and expertise in the area, placed him in a good position to recognize the potential of the name at a deeper level.

Happy for his success.

Bob
 
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Cooldevil007

Established Member
Impact
-5
HealthInsurance sold for $8.13 million in 2019. It is technically two words as well, but expresses one idea. Because not as specialized, I think more domainers can see that as high-price name.

While not nearly as common an expression, I think in eyes of the buyer this was a unified expression, even though two words, that would give them a leg up on competition.

Agree with Brad that the vast majority of domainers would not even think of asking this sort of price. Without revealing too much, Joseph did discuss and seek opinions on the domain social sessions. That is where I first 'met' him.

As Brad says, pricing is an art. Joseph has turned down some strong offers on other names, I know. This big sale obviously placed him in a position that he does not need to be that flexible on future sales, unless he wants to.

I think one advantage he had is that his business plus psychology background, and expertise in the area, placed him in a good position to recognize the potential of the name at a deeper level.

Happy for his success.

Bob
How much worth of 2 word domains?

PS - I am newbie 😃 so i don't know about price range
 

Bob Hawkes

Top Contributor
NameTalent
Impact
31,625
How much worth of 2 word domains?
$0 to $10 million plus

Seriously that is the correct answer. The majority of domains, including two-word, listed for sale will never sell, and would not even if offered at low prices.

But a few will sell for a lot. The ones that will sell for a lot will have various characteristics but will in general be a unified concept, like HealthInsurance. They also will be an area with serious money in sector.

While name is main thing, the pricing and negotiation skill of the seller (or broker) can have a big impact.

Bob
 
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bmugford

www.DataCube.comTop Contributor
Impact
39,751
$0 to $10 million plus

Seriously that is the correct answer. The majority of domains, including two-word, listed for sale will never sell, and would not even if offered at low prices.

But a few will sell for a lot. The ones that will sell for a lot will have various characteristics but will in general be a unified concept, like HealthInsurance. They also will be an area with serious money in sector.

While name is main thing, the pricing and negotiation skill of the seller (or broker) can have a big impact.

Bob

Real Estate, Credit Cards, Car Insurance, etc.

There are many multi-million dollar two word .com.

Brad
 

Way3

Branding and Domain InvestingUpgraded Member
Impact
321
It just shows that domains are one of a kind assets that can be worth an extremely high amount to the right end user.
Value is in the eye of the beholder (you just never know)
 

iAdam

iadam.comTop Contributor
Impact
1,702
Warren Buffett said “Price is what you pay; Value is what you get”
 

noneisnone

444Top Contributor
Impact
2,445
congrats to the seller one of the sales we are unable to blame on 'SEO' ^^ good luck to the buyer
 

Mytz.com

Domain [email protected] PITE.com GOZI.com JALI.com TOPU.comTop Contributor
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Alfred0011

Established Member
Impact
-24
i think that is the biggest two word domain sale ive ever seen, whoohoo! congratulations! :)
Yellow Page 350M
British Today 400 M
Vacation Rentals 35 M
Private Jet 30 M

some 2 words has value way much more than one words. cuz can be brand .
 

NickB

it's a mysteryTop Contributor
Impact
15,368
Yellow Page 350M
British Today 400 M
Vacation Rentals 35 M
Private Jet 30 M

some 2 words has value way much more than one words. cuz can be brand .
Private Jet was cash + equity deal - not a pure domain sale and also there was funny business about it actually being sold

https://domainnamewire.com/2019/07/...t-com-off-of-all-of-those-domain-sales-lists/

Vacation Rentals was a website purchase - though the owner did say the main reason for the purchase was to keep the domain away from Expedia. Funny enough it now points to Vrbo.com - which is a Expedia company.....

British Today was sold for $400 million and points to a awful looking FB page with 1.7k likes and 39 followers? Ok then......something off with this - for that kind of money that smells fishy as hell

https://luxuryrichland.xyz/our-future-companies
 
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monotheist

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