NameSilo

.tv it.tv sold for $12,500

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Sameh

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I was watching it too. Nice price. Win/win deal for both buyer and seller.
 
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Nice sale indeed, especially as the renewal is $5,000.

Congrats Tim!
 
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grt deal for the seller
 
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How long did the seller have the domain? I hope he made a profit in the end and didn't pay many years at $5,000.
 
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I was watching it from $5100 to $12500, very interesting to view the outcome.

Congrats on the sale!
 
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Congrats to the buyer and seller. I think the seller did get a great deal in the long term for this name. The 5000 renewal is quite steep.. depending on the purchaser. Hopefully whomever bought this has some great development plans.
 
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Good price for an LL.TV

IT - Italy, Information Technology, Income Tax, Internet Television, and much more.

Congrats to both parties. :)
 
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Very nice!! Good ROI, I hope the buyer knows the renewal fee.
 
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Nice sale, pretty fair for both I think,
 
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do they know the renewal fee ?
 
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12,500 is OK but I would have thought it would go for 20+ as it's an awesome domain.
 
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pleased to think the owner got some of that renewal fee back
 
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Congrats to the buyer & seller. Considering the renewal fee I think it's an ok price.
 
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i heard it got sold last night.congrats on sale

great name for sure...hope namepros member came out ok on this.

5k a year was posted on the listing......seller or should i say sellers did the right thing and posted it on the listing! good job!
 
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The $5000 renewal is nothing to a company that can develop and use this domain for their own business. It is potentially a super domain in the right hands and they got it for a steal. The seller got his initial reg fee back and some so both are winners in this sale IMO.
 
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Tim and myseelf owned Education and IT, we both paid $6k for the names for two years.

Some time back, both Tim and I felt that we could get more for the names if we had the flexability to own the names outright (especoiallly after one big deal for IT fe;ll through)

So Tim kept IT, I kept Education.

Whilst not a super amazing price, it is yet another xx,xxx sale...... Tim I know, must be over the moon at the price he sold IT for, given his current circumstances....He should surely look at this as a blessing, because it gives him options all over again as what to do with the rest of the premos we own together and those he owns of his own outright...
 
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Congrats on the sale, hope everyone is happy with it.

Not to stink up the thread, That name has huge potential but $5000 is alot for a yearly renewal fee.
This should be a lesson for people that when you step into high price premium game, you should have a development plan unless you have extra cash flow to cover renewal.

The 10 year mortgage on that name is $50,000 which means you should be stepping in with some sort of a business plan with $50,000-$100,000 grand for these types of renewal fee names.
 
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MINDWRECKER.TV said:
Congrats on the sale, hope everyone is happy with it.

Not to stink up the thread, That name has huge potential but $5000 is alot for a yearly renewal fee.
This should be a lesson for people that when you step into high price premium game, you should have a development plan unless you have extra cash flow to cover renewal.

The 10 year mortgage on that name is $50,000 which means you should be stepping in with some sort of a business plan with $50,000-$100,000 grand for these types of renewal fee names.

MW - Our "plan" was to flip to the big developers.......Huge upside, predetermined downside..........We both own $250 premos, but with those calibre of names, the chance to flip to a big time developer - for IT - we were thinking CNET, for Education - either Phoenix Online Or WaldonUni etcte

We gave ourselves two years and it has paid off for Tim and I am happy with Education.TV.

Not for the faint of heart granted, but then Tim would not be 5k overall better off with six months to go!!!

And now look at the quality of 5k premiums - absolute manure...but back in 06 during the 70% discount, genericsof this nature were too hard to turn down
 
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Yes that is a good point, many people got the 70% deal and of course that changes the model.

I think it was a good risk, a great reg indeed.
 
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