sales MedicalRecordsReview.com – Sold for $68,500 - I am not sure why?

[Robbie]

Yesterday the domain name MedicalRecordsReview(.)com – Sold for $68,500 on DropCatch(.)com - However I don't understand why, it only had 15 backlinks... Am I missing something?

https://robbiesblog.com/medicalrecordsreview-com-sold-for-68500-wow/12168

#domains #domainnames #expireddomains #auction #dropcatch

 

[forge]

All hospital admissions are reviewed in one form or another (in my country). Doubting the value of this domain, quite frankly, is fueled only by ignorance.

I have over 15 years experience in a hospital healthcare environment with direct access to sensitive medical records to back this up.

 

[forge]

craziest part: The domain age resets!

That is definitely a downside (imo).

 

[Acroplex]

So far the domain doesn't appear to have been paid for. DropCatch gives about 4 days for payments, sometimes willing to stretch it to 10 days after communication with the buyer. My prediction: It will go back to auction after all the relevant bids are removed.

 

[forge]

I think the seller priced sky high and got lucky.

It was a drop auction.

 

[cooljub]

Medical data = big business = big money.

More so now than ever.

 

[LoveCatchyDomains]

So far the domain doesn't appear to have been paid for. DropCatch gives about 4 days for payments, sometimes willing to stretch it to 10 days after communication with the buyer. My prediction: It will go back to auction after all the relevant bids are removed.

Is it wise for "domain sale" to be reported even before they have been fully paid?

In this case, it appears that there have been 1K views of this thread. Whether the sale goes through or doesn't, the point is that this was not a completed sale yet?

Perhaps posting are best limited in the future to only FINALIZED sales?

 

[lovely4ever]

Thats the typical habit of humans in domain business , when a normal domain sold overprice , people start finding one hundred reasons and digging trying to get convinced finally that this domain could be really valuable and worth this price !!
but when the same domain sold for $100 dollar only or nobody bought it and got deleted then nobody got surprised or shocked why it ended up like this !!

IMO for 3 words domain its not worth this price with whatever hot keywords included it should not exceed 5K maximum .

.

 

[Mkt Sales Leads]

So far the domain doesn't appear to have been paid for. DropCatch gives about 4 days for payments, sometimes willing to stretch it to 10 days after communication with the buyer. My prediction: It will go back to auction after all the relevant bids are removed.

So a timewaster/shill bidder involved perhaps?

 

[Samer]

It was a drop auction.

Those auctions are an addiction; i see no value.
Some people, just get a thrill, knowing it’s dropped.
craziest part: The domain age resets! Should worth less

 

[Sam1234]

The message is clear. Buy 3-word domains!

 

[AEProgram]

He could buy Medical.com for that amount .another scam auction with fishy bidding . Dropcatch scam platform .

ill buy medical .com for 68k where do I go?

 

[kam]

I think the bidders are end-users, may be they have an idea with AI + Medical Records Review and analysis.

 

[Ritik bhardwaj]

Great news... Maybe the user finds something in this domain which is related to his idea.
There are three keywords in this domain which is related to each other.
With the combination of these keywords, we get a meaning which is related to medical records.

But still 68,500$, the price is unexpected

 

[NickB]

Probably could be used for lawyers involved in medical malpractice claims? Or firms that do this kind of research on their behalf......

"Medical records review is significant for attorneys involved in medical malpractice/negligence, mass tort, or personal injury cases. Maintaining good medical records is not just enough for attorneys; they require a medical records summary that is understandable to non-medical professionals."

https://preludesys.com/how-to-revie..., medical,getting compensation for the injury.

 

[gotaheadrush]

Those auctions are an addiction; i see no value.
Some people, just get a thrill, knowing it’s dropped.
craziest part: The domain age resets! Should worth less

No, it doesn't.

 

[Revisiting]

I think you'll find this sale is more to related to the public requirement and market for the exact term. There's sometimes little trust in diagnosis and medical outcomes these days. So often you get to see many doctors, specialists etc and the outcomes can lead to a sense of confusion, complexity and even possible negligence. Individual medical histories being digitized are far more available to that individual.

You authorize the access to a specialist service (probably high fee) and your effectively being offered a full second opinion on your medical history. Patients want to be fully informed these days and some medical services are slow to catch-up with this requirement.

I know if i was to be offered a full medical history review - I'll take it. Of course this is the sort of service that it's the older generation are looking for. And as mentioned there is the post-death negligence angle, again relatives are not always satisfied with a common blanket-term on a death certificate.

 

[MKA]

medicalrecord.com, recordreview.com, and medicalrecordreview.com are listed with a buy-it-now price of $33k and $9k and $5k respectively, so this one seems super-fishy.

I have over 15 years experience in a hospital healthcare environment with direct access to sensitive medical records to back this up.

We'll see in a few months. But the fact that it was picked up on Dropcatch of all places makes me wonder if it really was picked up by an end-user.

 

[keim123]

it can still be a fake buyer

 

[Charybdis]

it can still be a fake buyer

Great point!

If this was an expired domain auction, then on DropCatch you have to pay after the auction.

Do we have any proof that this buyer has indeed paid that amount for this domain?

I think three-word domains are generally not good (there are a few exceptions though). Just stick with two words.

 

[forge]

Perhaps posting are best limited in the future to only FINALIZED sales?

Do you mean reporting (posting) on NP?

Like they say, "It is what it is." All in all, it's good for healthy debate, and the discussion and disagreement is part of the overall domaining equation.

I may also need to eat crow because I'm beginning to have my own doubts about the "price tag". Oh well...

 

[LoveCatchyDomains]

Do you mean reporting (posting) on NP?

Well, would it be better, even on the internet in general, to not have "sales" reported until they are actually finalized. After all, there are inexperienced individuals out there, who might be influenced by such a "sale" to then buy or change their sales prices on related domains.

Like they say, "It is what it is." All in all, it's good for healthy debate, and the discussion and disagreement is part of the overall domaining equation.

Yes, but for many they will simply read the title, and assume that that the sale is fact, and perhaps never even delve further into the thread.

I may also need to eat crow because I'm beginning to have my own doubts about the "price tag". Oh well...

Your perspective and insights are appreciated, especially given your extensive experience. Thanks for contributing to the thread!

 

[Mkt Sales Leads]

Well, would it be better, even on the internet in general, to not have "sales" reported until they are actually finalized. After all, there are inexperienced individuals out there, who might be influenced by such a "sale" to then buy or change their sales prices on related domains.

The beneficiaries are almost always the registrar, registry and auction platforms that get free publicity and have a flood of buyers and registrants (newbies and experienced alike) spending more money with them...



...only for ICANN to allow more domain price hikes every month

 

[Mkt Sales Leads]

The beneficiaries are almost always the registrar, registry and auction platforms that get free publicity and have a flood of buyers and registrants (newbies and experienced alike) spending more money with them...



...only for ICANN to allow more domain price hikes every month

Still, I expect the name to go for a decent (albeit) lesser price as the med industry is ripe for innovation.

 

[Mkt Sales Leads]

Yesterday the domain name MedicalRecordsReview(.)com – Sold for $68,500 on DropCatch(.)com - However I don't understand why, it only had 15 backlinks... Am I missing something?

https://robbiesblog.com/medicalrecordsreview-com-sold-for-68500-wow/12168

#domains #domainnames #expireddomains #auction #dropcatch

Medical data names are hot. Medidata.com sold for $600k back in 2019