.com Just bought Fosi. com

[anunt]

Just won the domain name Fosi. com at NameJet auction with 297 bidders.

Auction just ended now - Saturday.

Lucky for me there was no real back and forth bidding war since people probably busy with long thanksgiving holiday weekend.

 

[chenzen]

Fosi.com - Sold

Need money for another project

or i would have never sold for $6k

it’s a liquid 4L premium domain cvcv
Still had trouble finding a buyer above $6k
Had to sell to my regular buyer
Most people here on namepros were offering under $5k.

I think it’s easily worth $10k+
But people don’t want to take this small risk for huge reward.

just need to be patient.

I really wish I had 6k

 

[GreatBrand.in]

Fosi.com - Sold

Need money for another project

or i would have never sold for $6k

it’s a liquid 4L premium domain cvcv
Still had trouble finding a buyer above $6k
Had to sell to my regular buyer
Most people here on namepros were offering under $5k.

I think it’s easily worth $10k+
But people don’t want to take this small risk for huge reward.

just need to be patient.

Congratulations for sell and best wishes for your new project for which you are raising fund.

IMhO, I feel this impulsive buying & than selling for another tempting domain is a biggest enemy of domainers in the path of prosperity. The more transaction for small profits only means we are working for marketplaces & Escrow companies & when you quantify your time & energy during the buying & selling process actually domainers are loosing money and only other commossion agents are making money in the process.

A serious domain investor should take long term prospects before buying anything or wait for perfect domain instead of involve in such flipping activities. Anyway, this domain was worth much more than the $5K for the person who can wait atleast 3-6 years. I wish that you should stick to atleast 3-5 years with your new investment or till you find end user and achieve your financial goals.

Happy & Prosperous New Year to all!

 

[Kenny]

Hello anunt,

Congratulations on the sale.
I also hope your new venture turns out to be all you expect.
FOSI is a great name, however I think there might be a little stigma related to it's prior association, and the profit you made on the quick flip hopefully will serve you well in the new project.

Since you sold it to your regular buyer, perhaps there were no middlemen to cut into your profit.

Good Luck.

Peace,
Kenny