domains Rick Schwartz $1.225M Lease with option deal on HurricaneDamages.com

[equity78]

Rick Schwartz posted on X that he booked a 7 figure lease with option deal on HurricaneDamages.com. Rick's X is private so not as many people see his posts.As the turnaround continues… Inked a deal this morning for a lease with option to buy on a $35 hand registered domain from 2004; http://hurricanedamages.com $1,225,000 BOOM!Not too bad for a $35 handreg.Right before this news … [Read more...]

 

[kor]

I'm trying to understand how two such general and simple words can amount to more than $1 million...

 

[Kyle Tully]

I'm trying to understand how two such general and simple words can amount to more than $1 million...

This should get you started...

https://www.insurancejournal.com/news/southeast/2024/12/09/803993.htm

 

[kor]

This should get you started...

https://www.insurancejournal.com/news/southeast/2024/12/09/803993.htm

This data still doesn't explain why the words "hurricane" and "damages" are worth $1 million.

The monthly search density for "hurricane damages" in the USA is less than 100.

I don't like this schwarse guy anyway. This is most likely a fake sale made to cover the accounting gap of the party he agreed with.

 

[Kyle Tully]

This data still doesn't explain why the words "hurricane" and "damages" are worth $1 million.

The monthly search density for "hurricane damages" in the USA is less than 100.

I don't like this schwarse guy anyway. This is most likely a fake sale made to cover the accounting gap of the party he agreed with.

If you don’t understand how lawsuits regarding the exact keywords in a domain name where tens of millions of dollars are at stake helps make this a valuable domain name then I can’t help you.

 

[john_karr]

Congrats Rick.

 

[enterscope]

That's it, pricing all my domains at 1.225 million

 

[HotKey]

This is a fine example of it's not the domain name, but the person.

 

[john_karr]

A lot of domainers would have sold HurricaneDamages.com for $10K-$20K.

 

[enterscope]

A lot of domainers would have sold HurricaneDamages.com for $10K-$20K.

Most would have sold for $50 here on namepros

 

[john_karr]

Most would have sold for $50 here on namepros

You're right about that.

 

[Kyle Tully]

A lot of domainers would have sold HurricaneDamages.com for $10K-$20K.

I would have guessed $2k

 

[scithe]

Looks like the new owners are redirecting to Rick's blog. I am sure they'll recoup their investment in no time.

 

[vincew]

HurricaneDamages.com is a great name, I'm glad he made that big of a deal.

 

[john_karr]

I would have guessed $2k

This too.

 

[scithe]

I might have snagged it for $5 on a GD closeout and would have been tickled getting an 899 BIN.

Could be why I'm not a millionaire domainer though too!

 

[asxforum]

This is a fine example of it's not the domain name, but the person.

exactly .

He buys domains at Auctions for around $2k then lists them for about $1.2 Million on his website .

 

[kor]

If you don’t understand how lawsuits regarding the exact keywords in a domain name where tens of millions of dollars are at stake helps make this a valuable domain name then I can’t help you.

So while insurance companies are paying out millions of dollars to cover current damages and litigation costs, you expect me to believe that these same people are saying "let's pay $1 million for this dysfunctional domain name"?

Ok.

 

[alcy]

I wanna see the avg Joe blow np member making 6 or 7fig sales.. cause then I know its life changing and makes positive difference to his life

there is zero fun or joy seeing millionaires making more millions or musk buying focking twitter

 

[ivey]

I realize most domainers don't understand the power of names. No wonder most think reselling pricing on everything should be $50. How dare you ask for $300 -$500 for Hurricane Damages .com. The concept of use case doesn't cross their mind. the possibility that an insurance company or someone else could use this doesn't cross their mind. All they see are two random words and focused on google searchers etc. No independent thinking. no businesses ideas. No solutions in their mind. Getting too technical sometimes.

Now i do think 7 figures is crazy high for this though. But in business, i realize it's not always about what i think. But what do potential clients or customers value or want. Obviously a client finds the name valuable right? so who are we to say the name is trash?

And google cannot look ahead and see that hurricanes, earthquakes, etc will be on the rise like never before. But someone with the data and foresight may see this. That's why we can't just put ourselves in a box and worry about searches etc. Someone could look ahead and buy quantum names in 2020 and make a killing in the future.. while google may have said then that quantum is 50 years away.

 

[ivey]

I wanna see the avg Joe blow np member making 6 or 7fig sales.. cause then I know its life changing and makes positive difference to his life

there is zero fun or joy seeing millionaires making more millions or musk buying focking twitter

True, I'm not impressed by his sales for many reasons. I respect that he had the foresight or took the risk to get in the game early, but beyond that no. I do love seeing new comers finding their niche and strategy and becoming a success- as long as they are transparent. it truly encourages. And honestly, with the advancement in technology they are plenty of opportunities to make money... as they are new concepts(Or the realization of) that didn't exist in 2001 that you will be able to buy: Ai, Agi, Quantum, and much more.

 

[alcy]

I realize most domainers don't understand the power of names. No wonder most think reselling pricing on everything should be $50. How dare you ask for $300 -$500 for Hurricane Damages .com. The concept of use case doesn't cross their mind. the possibility that an insurance company or someone else could use this doesn't cross their mind. All they see are two random words and focused on google searchers etc. No independent thinking. no businesses ideas. No solutions in their mind. Getting too technical sometimes.

Now i do think 7 figures is crazy high for this though. But in business, i realize it's not always about what i think. But what do potential clients or customers value or want. Obviously a client finds the name valuable right? so who are we to say the name is trash?

And google cannot look ahead and see that hurricanes, earthquakes, etc will be on the rise like never before. But someone with the data and foresight may see this. That's why we can't just put ourselves in a box and worry about searches etc. Someone could look ahead and buy quantum names in 2020 and make a killing in the future.. while google may have said then that quantum is 50 years away.

of course this name is not 7fig. u and me wouldnt get 7fig for it. cause u gotta be named Schwartz to do that. have millions... millionaire friends.. connections.. relations and or 1 trillion minions doing outbound 247... good for him i dont care how he do it but I dont care when he does it either... cause this is not avg Joe working to make better life for his family .... this is guy who gonna leave world one day with xx millions plus one million from this sale.. instead of just xx millions.

like I said good for him. I don't care

 

[phaethon]

If you're part of the jewnet, you'll easily become millionaire one day..

Like Mann.. Almost all his sales never resolve..He seems to be selling domains at unusual prices, while he is actually doing something else..

 

[Coconuts]

Incredible

 

[asxforum]

The domain has "O" traffic .

Only "5 TLDs" taken .