Sedo Brokers Dudu.com For 1 Million Proving Once Again You Have To Know Your Buyer

[the_poet]

Sedo announced today it brokered the domain Dudu.com for a cool $1 million dollars. The buyer of dudu.com is the Dubai company DUDU Communications. DUDU is a popular social network which uses unique translation technology to allow its users from around the world to communicate with each other in their native languages.

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[Weber]

That's a bunch of crap.

 

[dnb8]

That's a bunch of crap.

Why? I think that this is a good sale.

 

[rngrdanny22]

He wasn't pooping on the sale. He was just making a funny statement...

 

[DU]

This turd's worth $1,000,000?

 

[Vito]

That's a bunch of crap.

LOL - Now that's funny!

 

[RJ]

Gotta wonder how the negotiations went. I'm always impressed by sellers who can maximize what they can get out of a domain like this. If I had owned DuDu.com I probably would have asked no more than $50k, yet someone was able to get a million dollar payday out of it. Wow!

 

[rngrdanny22]

It makes you wonder if the first offer came in really high. Say if someone were to offer you $500K, would you have the nerve to counter?

 

[Jawed]

Gotta wonder how the negotiations went. I'm always impressed by sellers who can maximize what they can get out of a domain like this. If I had owned DuDu.com I probably would have asked no more than $50k, yet someone was able to get a million dollar payday out of it. Wow!

Even $50k is a lot higher compared to the existing rates. Isnt it?

 

[ioana_bv]

I agree, $50k would be fair enough for this domain.

 

[DU]

It makes you wonder if the first offer came in really high. Say if someone were to offer you $500K, would you have the nerve to counter?

You know the answer to that question.

Some stink here, imho.

 

[Weber]

I like this comment from op's article link:
"All my domains will now have a minimum price tag of $1 million."

 

[DnEbook]

amazing sale ........for a brandable

 

[carob]

So what is KaKa.com worth? Sh*tloads of money no doubt.

Well if you sell a domain at a not-actually-paid price you still have to pay Sedo a commission so moneylaundering has its price.

But f Sedo sell a domain they do not have to pay themselves a commission. So why not agree with the buyer of a domain that you will cut your $100k asking price down to $50k on agreement that they play along when you later announce they bought it for $1m? Or you could agree to take domains in payment with a nominal value of, say, $950k.

It's a win-win, gets Sedo publicity and pushes up domain price expectations, the buyer looks serious and successful - they hope - and if the buyer later wants to re-sell the domain, the value of their asset is much greater.

Does this hurt anyone?