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sales Milo Yiannopoulos is ripped off to the tune of $138,000 in Hatred.com sale

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Addison

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It's been reported that Milo Yiannopoulos purchased the domain name Hatred.com for $150,000 from a domain investor. The news of this domain sale sparked an ancillary quarrel among domain virtuosos. Kevin Murphy, a domain veteran and the authoritative blogger of Domain Incite, tweeted:
Give this domainer a big hand for ripping off Milo Yiannopoulos to the tune of $138,000 https://dsad.com/breaking-richa… #domains

That tweet caused a host of other domain experts and veterans alike to reply disharmoniously.

Shane Cultra (@Domain Shane) wrote:
A guy that writes articles about domain investing for a living, says that someone who sold a domain at a good profit is ripping someone off. That the person buying the domain is being stupid.
I think the buyer has free will and chooses what he wants to spend on the domain. If the seller agrees to that price and everyone is happy there is no such thing as ripping people off.

Ali Zandi (@Ali) replied:
An investor makes a nice sale and your choice words are "rip off"? C'mon dude. What?
Everyone who invests in domains and sells them for a profit is ripping people off? Why does anyone invest in anything then?

Richard Dynas (@uglydork), the seller of Hatred.com to Mr. Yiannopoulos, replied:
I don't ever rip anyone off and I dare you to find someone I ripped off

Joshua Schoen‏ replied:
KM, If it wasn't worth $150k to Milo then he wouldn't have bought it. He didn't get ripped off, he agreed to a price that he was fine with.
the domain will end up bringing Milo more value than it cost him to acquire it

Adam Strong (@strong) replied:
Wouldn't it be a $142,000 rip off since domains are roughly $8?
Whoops. That 2nd grade math slipped by me. Make that 149,992 rip off. Even better

Kevin Murphy (@DomainIncite) defended his position:
The choice of words is perfectly valid.
I'll gladly admit to being wrong, when I am wrong. What did I do wrong?
Think about when in your life you said something was a "rip off". Did you usually mean it was theft, or just expensive?
A rip-off is also something that is overpriced

Is it? My dictionary defines rip off (slang) as:
  1. To steal from
  2. To steal
  3. To exploit, swindle, cheat, or defraud
That's it: those three. Mr. Murphy must be using a colloquial definition from his neck of the woods. (Did you pick up on my colloquialism?) IMO, a domain name is worth the price that a seller and buyer agree to at that moment. "Rip off" is a poor depiction of a harmonious deal.

What do you think of when you hear that a person is ripping off someone?

Does it mean overpriced? :bookworm:
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
This is complete BS. I'd listened to Kevin's show with DNW a few weeks ago and liked it but now I've lost all respect for him after these tweets. All businesses should, according to him, be run as socialist organizations with no profit motive. I'm fully with @uglydork and huge congrats on the sale, his acumen and successfully concluding this great sale... A bit Jealous but very happy for him :)
 
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i would not call it rip-off because:

the buyer was an adult who should understand the basics and risks involved). It was not a case of an old lady being told she was buying a 7 figure name with guaranteed ROI of 10000%.

No one forced the buyer to make that purchase. The buyer had probably other options to spend his money.
 
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Is it not better to remove the buyer's name from this? even the domain name

Congrats to Uglydork for a great sale, job well done.

I am suprised why he is getting so much heat, even here on NamePros, check out his thread where he was asking for help before the deal was done. I do not believe the veterans get the same kind of heat when they complete xxx,xxx+ sales.

The buyer knows what he is doing. This negativity is not good for anyone, what if the buyer was going to buy more names from the seller or work with him on other projects.

He shared his story for us to learn from it and I thank him for that, thanks Uglydork!!
 
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congrats to your sale !

obviously you done a really great job
and this milos ( I dont know him )
has underpaid you

as the publicity he gets from that sale only
is obviously worth more to him
then he paid you

he owns that domain forever
and in 10 years that domain is worth $10.000K USD
so who ripped off whom?

cudos
 
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If I sell a domain for 2k and someone gets 20k hats off to them. Those that are negative about it ether didn't have the right inquiry or not the sales skills to get decent money. A skilled domainer can lift great domains off other domainers and flip for more and everyone should be happy.
 
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I support the acquisition and sale of the domain --. Out of all the flavors in the world, some choose to be salty, let them remain salty.

Congratulations to the big return on that domain! Stand behind the domainer and end-user, let the other people clickbait and flare up for more views. More organic traffic, right?
 
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Quite unncessary, probably jealousy.
 
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Value rests in the hands of the buyer. Uncle Sam will surely like the 50% tax rate. Capitalist Hatred.com supports the socialist haters. Lol. Sorry that this sort of thing happens, all this sort of thing does is reduce the amount of sales data being shared. The seller will have second thoughts, so will the interviewer, etc. Sorry to hear it.
 
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I posted the sale and exactly how I did it so others could learn and grow. I think we should all be sharing our methods to help each other.
The next big sale I have will not be publicized - I will keep my methods to myself. I told Milo that he would get some publicity out of the sale and I was right.
 
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uglydork sells hatred.com

what a headline ;)
 
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Yeah - the title of the article makes it seem like I stole from someone - not cool if its #1 in Google
 
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Yeah - the title of the article makes it seem like I stole from someone - not cool if its #1 in Google

It is #1.

He tarnished your reputation.
 
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I posted the sale and exactly how I did it so others could learn and grow. I think we should all be sharing our methods to help each other.
The next big sale I have will not be publicized - I will keep my methods to myself. I told Milo that he would get some publicity out of the sale and I was right.

Ok, so this name was being sold on Namepros before.
If it would have sold here nobody would have raised an eye.
It sold for $150k, everyone loses their mind.

Btw before this thread get deleted, how did you close this behemoth deal with Milo Yia...., the end user?
Via Broker or have some super skills? @uglydork :)
 
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Ok, so this name was being sold on Namepros before.
If it would have sold here nobody would have raised an eye.
It sold for $150k, everyone loses their mind.

Btw before this thread get deleted, how did you close this behemoth deal with Milo Yia...., the end user?
Via Broker or have some super skills? @uglydork :)
Super Skills - lol
 
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I wrote the article as a congratulations and an informative article on a domain sale. Kevin from DomainIncite took it somewhere else with his tweet. Addison didn't Richard any favors with the title of this thread either :)
 
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Congratulations Rich! @uglydork to a job well done! I'll be over at noon for those promised beers! :xf.wink:
 
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Congrats on the sale...I LOVE that it was offered here for 9.5k before he got the big number...the free market system is beautiful!!!
 
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This is beyond ridiculous. Since when have we ever in the domaining community complained about an end user not being privy to domain reseller price levels?

So now if an End User pays more than reseller prices he is a fool to be ridiculed and the seller is a scammer and con artist?

Its an insult to how any of us are doing business and to me it seems to be more motivated by personal reasons than business motives. You can think what you will about the buyer and his agenda. I certainly have nothing but negative associations with his person. But its low to take a cheap shot at the seller just to paint the buyer as a fool. As a industry we should celebrate these types of sales, not attack them.

Now it could be discussed if its worth celebrating giving an alt-right provocateur a more potent platform to spew hate from, but certainly the sale itself is a great achievement for the seller and not at all a rip off for the buyer.

Do you rip off people if you make a profit?
 
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This is beyond ridiculous. Since when have we ever in the domaining community complained about an end user not being privy to domain reseller price levels?

So now if an End User pays more than reseller prices he is a fool to be ridiculed and the seller is a scammer and con artist?

Its an insult to how any of us are doing business and to me it seems to be more motivated by personal reasons than business motives. You can think what you will about the buyer and his agenda. I certainly have nothing but negative associations with his person. But its low to take a cheap shot at the seller just to paint the buyer as a fool. As a industry we should celebrate these types of sales, not attack them.

Now it could be discussed if its worth celebrating giving an alt-right provocateur a more potent platform to spew hate from, but certainly the sale itself is a great achievement for the seller and not at all a rip off for the buyer.

Do you rip off people if you make a profit?
You have completely and utterly changed my mind about you with this post. Brilliant.
 
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Btw congrats! @uglydork
Many more to come hopefully!
 
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