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...]

 

[Kyle Tully]

The domain has "O" traffic .

Only "5 TLDs" taken .

And?

 

[DomainNature]

Mr.Rick I would handreg (hurrickane.com) and try sell it to you at least for 100K usd, but not sure if it would turn to be profitable investment.
P.s. I see he have many with (e) letter domains, I have similar as his, only with better words.

 

[asxforum]

And?

I think you don't really need me to reply to this .

 

[The Durfer]

congrats to the Domain King!

 

[internext]

Congrats to Rick. Great sale! Proof you'll never get a $million sale unless you ask for it.

 

[william]

Say what you want about the man, but he's an inspiration when it comes to domain names. He knows how to hold a domain name. Of course, not all of us are millionaires, who have the cushions to hold names for 10 years and turn down high offers, but we could learn a thing or two.

 

[Gabrils]

This just amazing two word domain and more than 1Million just magic

 

[ARCCLOUD]

The singular form sold for $28.6k in 2018 per namebio, which was arguably the better name. Strange, but if he did pull this off congrats.

 

[Kyle Tully]

The singular form sold for $28.6k in 2018 per namebio, which was arguably the better name. Strange, but if he did pull this off congrats.

Show attachment 267749

The plural is better.

Damage is people searching regarding damage to their (or others) house.

Damages is people searching for legal compensation.

 

[Joe drake]

Hurricane damages is incorrect the singular is the best ,chances are its a 5k a month lease with a BS buy now offer thats never gonna happen ,this shows even if you have the so called ps in your portfolio you will eventually sell one of them.

 

[internext]

damages is incorrect

"Damages" is the correct term for insurance statistics and underwriting

Damages is people searching for legal compensation.

yes

 

[Joe drake]

This just amazing two word domain and more than 1Million just magic

if I came to you to sell this domain you would just say sorry but I only take one word .coms if this is what you like I have 3000 of them just as good or better. stop kissing the kings --- ring

 

[scithe]

HurricaneDamage was sold for 28.6k in 2018. The site looks developed. I wonder what the plan will be for the plural. I feel like 1.2m would have bought a lot of PPC traffic to a brandable domain.

 

[2012]

Congratulations, great guy overall.

 

[domvault]

The sale of HurricaneDamages.com for $1.225 Million cemented the fact that Godaddy Valuations are a PURE BULL CRAP and should not be given too much weightage when making a deal.

 

[Mkt Sales Leads]

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

A newbie with this name would be told either 'reg fee' or flip for a few hundred and move onto something better

 

[alcy]

A newbie with this name would be told either 'reg fee' or flip for a few hundred and move onto something better

yeah maybe by another newbie

so no of course not

but more to the point a newbie would never own it

 

[Kyle Tully]

The sale of HurricaneDamages.com for $1.225 Million cemented the fact that Godaddy Valuations are a PURE BULL CRAP and should not be given too much weightage when making a deal.

Show attachment 267811

I bought a name last week that GD showed was worth $2k.

When you clicked the comparable sales on GD, the exact name had sold before for over $4k.

And the niche the name is in is hotter now.

If they can't figure out what a name is worth when they have exact previous sales data then they have zero hope when using "comparable" comps.

There is another one on there right now they "value" at $2k and it's already over $4k at wholesale bidding.

 

[alcy]

well thank god u arent a newbie and know that garbage is the only place that fits any all domain appraise tools

 

[william]

When you clicked the comparable sales on GD, the exact name had sold before for over $4k.

Experienced MANY instances of this. It's just not an accurate tool. My domain Digital Art is valued at $18932. I would stand to lose about 7 figures following their guidance (based on offers already received and professional valuations by brokers).

 

[tomorjerry]

Fake revenue, fake revenue everywhere!

 

[Mkt Sales Leads]

Fake revenue, fake revenue everywhere!

What's with all these newbies declaring every sale fake?

 

[ro5hit]

Awesome

 

[1koko]

thats insane, so much money for such a domain.

 

[tomorjerry]

Fake sales.., Fake sales everywhere..,