information HIGH Value Domain

[mAd MaX]

How long does it take in general for High Value Domains from negotiation to completion of the deal?

Thanks
MaX

 

[gilescoley]

It really depends on the buyer. I find bigger companies can be be a lot quicker when it comes to buying names, they have the money to spend so they don't play hard ball and wait weeks hoping you will drop the price.

Then there is the wait while Escrow does their bit as well.

 

[mAd MaX]

It really depends on the buyer. I find bigger companies can be be a lot quicker when it comes to buying names, they have the money to spend so they don't play hard ball and wait weeks hoping you will drop the price.

Then there is the wait while Escrow does their bit as well.

For price tag in millions, say $5M+ or more?

 

[VaibhavA]

For price tag in millions, say $5M+ or more?

Sumo.com was a 5M sale and if I remember correctly from an interview on DomainSherpa, the negotiation took almost 5 years. Its just an example. I dont think every domain will take that long and maybe take longer.

 

[mAd MaX]

Sumo.com was a 5M sale and if I remember correctly from an interview on DomainSherpa, the negotiation took almost 5 years. Its just an example. I dont think every domain will take that long and maybe take longer.

$1.5M

 

[Bob Hawkes]

Elon Musk reported that the $11M acquisition of Tesla required more than a decade.

 

[mAd MaX]

Elon Musk reported that the $11M acquisition of Tesla required more than a decade.

Yes, but that was a case of inactive seller I guess like Uri Nissan of Nissan.com. $11M ain't a big deal for company like Tesla, the seller wasn't selling to increase the price imo rather felt greater attachment to the domain like Uri Nissan and finally decided to part away with Tesla.com for some reason or another I think.

My question was when the seller is active and the buyer is capable enough, how long does it take, generally?

 

[EbookLover]

You keep adding bottlenecks to your question. Someone answers your original question, then you find a reason to discredit the answer.

But it doesn't matter anyway because every situation will be different. If you were to waste time gathering such data about all the $M sales, you will still find yourself short of the answer you seem to be looking for. You likely will never find all the data for all the sales you need to come up with an answer anyway.

The answer is - from weeks to months to years...maybe even a decade.

 

[mAd MaX]

You keep adding bottlenecks to your question. Someone answers your original question, then you find a reason to discredit the answer.

But it doesn't matter anyway because every situation will be different. If you were to waste time gathering such data about all the $M sales, you will still find yourself short of the answer you seem to be looking for. You likely will never find all the data for all the sales you need to come up with an answer anyway.

The answer is - from weeks to months to years...maybe even a decade.

I am certainly not trying to discrediting anyone.

I might not be able to frame my question properly.

 

[EbookLover]

Discredit was the wrong word maybe. But still, there is no cut and dried answer.

 

[Bob Hawkes]

because every situation will be different.

This^^

I think really this is a question that even for those with direct experience it may well not apply at all to another situation. As I see it the speed will depend on the following...

• The negotiation skills of buyer and seller.
• The financial viability of the buyer.
• Whether there is a need to use immediately the domain, or if it is for a future plan or defensive.
• Whether brokers are involved.
• Whether the parties have done previous deals of this magnitude.
• The governance structure of the buyer - e.g. does a board need to approve the purchase.
• Whether legal counsel needs to be involved to feel sure about TM or other potential issues.
• How eager the buyer is for the name.
• How much the seller needs money fast.
• Etc

 

[frank-germany]

the answer: is 1 year

here we go

 

[mAd MaX]

This^^

I think really this is a question that even for those with direct experience it may well not apply at all to another situation. As I see it the speed will depend on the following...

• The negotiation skills of buyer and seller.
• The financial viability of the buyer.
• Whether there is a need to use immediately the domain, or if it is for a future plan or defensive.
• Whether brokers are involved.
• Whether the parties have done previous deals of this magnitude.
• The governance structure of the buyer - e.g. does a board need to approve the purchase.
• Whether legal counsel needs to be involved to feel sure about TM or other potential issues.
• How eager the buyer is for the name.
• How much the seller needs money fast.
• Etc

Very structured answer in details.

 

[Dandelion]

Sumo.com was a 5M sale and if I remember correctly from an interview on DomainSherpa, the negotiation took almost 5 years. Its just an example. I dont think every domain will take that long and maybe take longer.

Sumo.com took 2 years I think, not 5 years. The reason it took that long was that the owner refused to sell, was not interested in selling the name at first. So, it took a lot of convincing, including travel from USA to India.

That can not be mentioned as an example of how long it take to close high priced domain.

 

[Dandelion]

The answer is - from weeks to months to years...maybe even a decade.

That's just the answer... no two ways about it

 

[bmugford]

16 days. 7 hours. 21 minutes. 6 seconds.

Brad

 

[DomainRecap]

Yes, but that was a case of inactive seller I guess like Uri Nissan of Nissan.com. $11M ain't a big deal for company like Tesla, the seller wasn't selling to increase the price imo rather felt greater attachment to the domain like Uri Nissan and finally decided to part away with Tesla.com for some reason or another I think.

Ummm, did Elon engage in a decade-long series of spurious, aggressive, and highly-punitive legal suits expressly designed to bankrupt the original owner of Tesla.com, like Nissan did to Uzi?

If not, then the two cases have absolutely nothing in common.

 

[EbookLover]

*Uzi

 

[DomainRecap]

*Uzi

That's what I thought, but I just copied and pasted the OP thinking it was me that was mistaken.

 

[EbookLover]

I know, I'm correcting both of you