new gTLD Facebook bought the domain Work.Place for $50,000+

[Arpit131]

The domain name Work.Place was sold and the buyer is Facebook that launched today its enterprise-focused messaging and social networking service to market under the name Workplace.

The seller Edward Alfert (@ealfert) has not revealed the sales price but since I had a very small part in the deal I can make an educated guess.

Edward asked for my opinion on what price to quote and also told me that he thought the buyer was Facebook. I gave my opinion but don’t know what happened next and what the negotiations were.

I believe the sales price was at the $50,000-$75,000 range. Probably closer to $50,000.

Source

 

[mad409]

Heard about this yesterday and sent my congrats to Edward. I'm hoping they will use the domain other than a redirect, looks like the .com is something else.

If used other than a redirect it will only help the new g's!

Don't know the final price but he was smart enough to figure out who the buyer was from what I understand, that's always a good thing.

 

[Haris]

a ton of crappy .place reg's incoming..

 

[N-A]

a ton of crappy .place reg's incoming..

inb4 incoming showcase your .place domains

 

[mad409]

a ton of crappy .place reg's incoming..

Maybe so, there's always ambulance chasers. If you want to look at the negative side only, so be it.

 

[hullswingerscom]

so how can New GTLDS be dead?

 

[Kate]

So a domainer (not a registry) finally made a good gTLD sale to an end user ? I wonder what the net profit is.

 

[vivaldi]

so how can New GTLDS be dead?

Only people with low quality domains or holding no new gTLD:s at all claim so.

 

[ambrose.xu]

So a domainer (not a registry) finally made a good gTLD sale to an end user ? I wonder what the net profit is.

work.place registered in EAP last year, chinese news reported that the domainer paid around $200 to register it , so u can caculate the net profit

 

[4Lseller.com]

WOW.Great sale of the year.

 

[ealfert]

I wonder what the net profit is.

I'm still in the red, but getting close. This has not been my only new gTLD sale in the past 2 years.

 

[Bros]

Congrats to the seller. Even though I don't own any nGTLD domains, it is nice to see domainers who own those do well.

 

[Doron Vermaat]

I'm still in the red, but getting close. This has not been my only new gTLD sale in the past 2 years.

Congrats on the sale and appreciate your transparency about your P&L!

 

[mpls]

and also told me that he thought the buyer was Facebook.

Amazing sale!
But.... How did he know/thought the buyer was facebook? Crystal ball?

 

[ealfert]

Amazing sale!
But.... How did he know/thought the buyer was facebook? Crystal ball?

I found article mentioning that Facebook left their previous law firm for the law firm that contacted me.

http://www.legalbusiness.co.uk/inde...e-firm-hires-bristows-partner-as-privacy-head

Plus with Facebook registering several "workplace" domains recently, I was 99.99% sure it is Facebook that wanted to buy the Work.Place domain.

http://domainnamewire.com/2016/07/22/facebook-registers-domain-names-workplace-service/

So, I negotiated assuming it was Facebook

 

[RU]

it looks like Facebook forgot to set it as a primary domain.

Congrats Edward

 

[ealfert]

it looks like Facebook forgot to set it as a primary domain.

I'm hopeful they will utilize the domain and it wasn't just a defensive registration.

 

[hullswingerscom]

well done on your sale !

 

[Brands.International]

Congrats, that is a perfect sale

 

[Fancy.domains]

Congratulations ealfert, you really deserve it as you have been working hard getting great names from the start.

I saw that you also have other nice sales lately. Big congrats!

We are showing people that our investments was worth it. I have no sales close to 50,000, but at least more than fifty smaller sales.