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domains Properties.com is now $125MM

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Just read a tweet from Rick Schwartz:
https://twitter.com/DomainKing
They laughed at me when I said #Domains were worth $15,000 back in 1996.
They laughed harder at $100,000
They belly laughed at $1MM They laughed til they peed at $10MM
They laugh until WE do it.
Properties. com is now $125MM
Please keep laughing!!
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
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Where did this number come from?
 
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He also said he sold property and that "the price eclipse the Voice. com sale PLUS equity & more" so sounds like a monster deal.

Whilst 'properties' is a great domain and a potential multi-million dollar domain, it's not 'property', so what ever deal he's agreed for 'property' property is the star on top of the Christmas tree and the stronger domain of the 2, so i do have my doubts he can get $125m for properties, but you never know, only he knows what negotiations have been like on that domain, but one thing is for sure you can never underestimate guy.
 
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properties has this double meaning..the characteristics of something..

I prefer homes...
realestate...

but he can ask.what he wants for his names...we all do
 
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i actually like the plural in this one, what real estate company runs off of one property? They need properties to make a business. Kudos to this one. :)
 
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For the record, does he broker these deals, or does he own them?
 
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He also said he sold property and that "the price eclipse the Voice. com sale PLUS equity & more" so sounds like a monster deal.

Whilst 'properties' is a great domain and a potential multi-million dollar domain, it's not 'property', so what ever deal he's agreed for 'property' property is the star on top of the Christmas tree and the stronger domain of the 2, so i do have my doubts he can get $125m for properties, but you never know, only he knows what negotiations have been like on that domain, but one thing is for sure you can never underestimate guy.

People are buying NFT art for millions of dollars and are investing millions in random startups with nothing to offer.

The only reason we are not seeing a million dollar domain sale every hour is because not enough people that own premium names have adjusted their prices.
 
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People are buying NFT art for millions of dollars and are investing millions in random startups with nothing to offer.

The only reason we are not seeing a million dollar domain sale every hour is because not enough people that own premium names have adjusted their prices.

I disagree have you tried to buy a single word .com lately? Let me tell you if you do, most enquiries you send don't reply and when they do they want 7 figures (sometimes 8), the 'top domian section' on NamePros is also reduced in quality compared to 2 years ago, people know what these domains are worth now.

I've just bought a single word .com for 6 figures and felt i was lucky to get it for that.
 
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I disagree have you tried to buy a single word .com lately? Let me tell you if you do, most enquiries you send don't reply and when they do they want 7 figures (sometimes 8), the 'top domian section' on NamePros is also reduced in quality compared to 2 years ago, people know what these domains are worth now.

I've just bought a single word .com for 6 figures and felt i was lucky to get it for that.

Single words (real words) deserve 7-8 figures and those are mostly owned by people that know to price them like that. I am referring to strong two word keyword names. I am happy to see the prices moving up for those but they are really still being stolen in many cases from uneducated sellers. Obviously not all sellers can wait, and I don't talk about them.
 
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I’ll value my own domain 400 million too
 
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Single words (real words) deserve 7-8 figures and those are mostly owned by people that know to price them like that. I am referring to strong two word keyword names. I am happy to see the prices moving up for those but they are really still being stolen in many cases from uneducated sellers. Obviously not all sellers can wait, and I don't talk about them.

At the end of the day, the domain is only worth what someone is willing to pay for it
 
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At the end of the day, the domain is only worth what someone is willing to pay for it

Everything is only worth what someone is willing to pay for it. Every good domains has a buyer, they just have not been pitched yet or they didn't think of the idea yet that will make them go to the name.
 
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Everything is only worth what someone is willing to pay for it. Every good domains has a buyer, they just have not been pitched yet or they didn't think of the idea yet that will make them go to the name.

I agree, however my point was more so, we don’t fully realize the price point of premium domains until they sell ... many names are still for sale either because they are overpriced or the owner does not want to sell,

compare our market to stocks or wine, we have a general idea of pricing ^ we can measure the market, domains lack this ... unless of course we are discussing the liquid market “LL” “NN” “NNN” “LLL” ... even then we get rare examples like 360.com or repeating numbers
 
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many names are still for sale either because they are overpriced or the owner does not want to sell

Show me another industry that has such a passive sales process. If this industry had some serious outbound sales people that pitched premium names we would have a million dollar sale every day.
 
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Show me another industry that has such a passive sales process. If this industry had some serious outbound sales people that pitched premium names we would have a million dollar sale every day.

Southwest Airlines made me an offer of $100K on the name SW.com ... in less then a year the name sold under $800K in China - it’s back up for sale

Nvidia, Google, Microsoft, Apple, Facebook all passed on the chance to own Ai.com - did not even ask the price ^

I got an offer of $3,000,000 in cash for VR.com from HTC ... the owners passed ^ the name is still for sale

I represented Blue.com, the Blue Man Group passed on it

I represented 77.com, 777.com and 77Bank in Japan passed on the name

I represented HH.com, Hermes, Hilton Hotels, Hyatt all passed ^

I worked on 123.com - 123-reg.co.uk had interest but we could not come to a resolve

I represented WW.com - presented to weight watchers (no contract) “I was a rookie then” Weight Watchers waited a couple years and bought the name

All in all, I have seen and worked on 25+ LL.com and NN.com domains ... I have spoken to all the top dogs and for a hot minute even had an EBA with Afternic, “contracting” ...

I have sold a few names in all extensions, both .com and GTLDs, I even sold https://mortgage.loans for $400K on a payment plan, however the buyer had financial problems, could not keep up w/ payments and the name was returned back to our ownership, but we made money, hence the six figure appraisal today

Let me tell you this, even if you have a truly million dollar name, it’s not easy to sell, don’t have any delusions about this industry, I once upon a time did

Now I realize patience is key and time is your best friend
 
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Southwest Airlines made me an offer of $100K on the name SW.com ... in less then a year the name sold under $800K in China

Nvidia, Google, Microsoft, Apple, Facebook all passed on the chance to own Ai.com - did not even ask the price ^

I got an offer of $3,000,000 in cash for VR.com from HTC ... the owners passed ^ the name is still for sale

I represented Blue.com, the Blue Man Group passed on it

I represented 77.com, 777.com and 77Bank in Japan passed on the name

I represented HH.com, Hermes, Hilton Hotels, Hyatt all passed ^

I worked on 123.com - 123.co.uk had interest but we could not come to a resolve

I represented WW.com - presented to weight watchers (no contract) “I was a rookie then” Weight Watchers waited a couple years and bought the name

All in all, I have seen and worked on 25+ LL.com and NN.com domains ... I have spoken to all the top dogs and for a hot minute even had an EBA with Afternic, “contracting” ...

I have sold a few names in all extensions, both .com and GTLDs, I even sold https://mortgage.loans for $400K on a payment plan, however the buyer had financial problems ... we made money, hence the six figure appraisal

Let me tell you this, even if you have a truly million dollar name, it’s not easy to sell, don’t have any delusions about this industry, I once upon a time did

Now I realize patience is key and time is your best friend
You can always negotiate down but never up.

Also, 2 LL are far overrated as they don’t say much. 3L, one word and 2 word are just better and more valuable imo. It’s certainly fair to ask $10 million or more for the right 2 word domain.
 
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I think 125 million is realistic ......... in the year 3050
 
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Schrödinger's Domain

The domain is ultra valuable and yet completely worthless at the same time. Because he will likely never sell it due to the price being too high.
 
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Southwest Airlines made me an offer of $100K on the name SW.com ... in less then a year the name sold under $800K in China - it’s back up for sale

Nvidia, Google, Microsoft, Apple, Facebook all passed on the chance to own Ai.com - did not even ask the price ^

I got an offer of $3,000,000 in cash for VR.com from HTC ... the owners passed ^ the name is still for sale

I represented Blue.com, the Blue Man Group passed on it

I represented 77.com, 777.com and 77Bank in Japan passed on the name

I represented HH.com, Hermes, Hilton Hotels, Hyatt all passed ^

I worked on 123.com - 123-reg.co.uk had interest but we could not come to a resolve

I represented WW.com - presented to weight watchers (no contract) “I was a rookie then” Weight Watchers waited a couple years and bought the name

All in all, I have seen and worked on 25+ LL.com and NN.com domains ... I have spoken to all the top dogs and for a hot minute even had an EBA with Afternic, “contracting” ...

I have sold a few names in all extensions, both .com and GTLDs, I even sold https://mortgage.loans for $400K on a payment plan, however the buyer had financial problems, could not keep up w/ payments and the name was returned back to our ownership, but we made money, hence the six figure appraisal today

Let me tell you this, even if you have a truly million dollar name, it’s not easy to sell, don’t have any delusions about this industry, I once upon a time did

Now I realize patience is key and time is your best friend

Solid advice....imho if anyone has a truly valuable domain they should HODL for dear life as the competition for good names at the wholesale level has increased to crazy levels in recent months. Renew for 5-10 years and wait for the right offer.
 
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Properties.com is a great name, but it really doesn't matter how cool the name is, until someone is willing to pay for it.
Of course you'll have to wait for a crazy number of years before you can land a crazy $$$$$$$$$ deal.

What's next? Will we see a Billion $ .com sale in our life time? - I think it's likely.
 
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