sgbl.com sells for $18750 US ???

[DN BROKER]

Sedo sales are very funny sometimes, i always check domains that sell for high dollars a month later and never find anything done to the domains... some of these sales i find very fishy!

sgbl.com sells for $18750 US

 

[-REECE-]

This is being talked about in the LLLL.com thread -- the buyer is believed to be a bank.

Sedo sales are very funny sometimes, i always check domains that sell for high dollars a month later and never find anything done to the domains... some of these sales i find very fishy!

sgbl.com sells for $18750 US

 

[tristanperry]

This is being talked about in the LLLL.com thread -- the buyer is believed to be a bank.

Société Générale? One of the biggest French banks, if it is them. Pretty big profile sale then.

EDIT: Ah, they seem to think it's the Lebenese bank - still big.

 

[bmugford]

This is what happens when the right domain connects with the right end user.

Brad

 

[owntype]

When you know who's the buyer, you might started thinking the price is a bit low

 

[accent]

This is what happens when the right domain connects with the right end user.

Brad

And the domain owner has brass you-know-whats.


In most cases the way someone gets a mega-price for a domain is to turn down a whole lot of good offers for his names. Offers that everyone on the appraisal board would insist he should take. He turns down profits of 10 or 20 times his cost, waiting for that deep pocket end user. The only way to get a sale like this is to have confidence in your domains and refuse anything less.

 

[Pred]

And the domain owner has brass you-know-whats.


In most cases the way someone gets a mega-price for a domain is to turn down a whole lot of good offers for his names. Offers that everyone on the appraisal board would insist he should take. He turns down profits of 10 or 20 times his cost, waiting for that deep pocket end user. The only way to get a sale like this is to have confidence in your domains and refuse anything less.

exactly. that is the key point

also, you can't place a fixed price over 10k unless you get a 'sedo noob appraisal'
(robbing tw*ts)

so either:

1/ seller has balls of steel

or 2/ the domain weren't listed for sale on sedo, and a 'sedo broker' came a knocking. ie: you may as well add 2 zeros to your asking price when one of those gimps comes a knocking

:sold:

 

[-REECE-]

A lot of domainers would see the owner as being a good domainer for getting so much for it -- he may or may not be. We really have no way to know how many sales he's blown on his domains by asking so much more than most end users would be willing to pay.

 

[Pred]

A lot of domainers would see the owner as being a good domainer for getting so much for it -- he may or may not be. We really have no way to know how many sales he's blown on his domains by asking so much more than most end users would be willing to pay.

yes, a very valid point also Reece
although I can assure you, i haven't :blink:

 

[Jaco]

In this particular case, a big sale makes sense.
All you have to do is google "SGBL" to know you're dealing with a bank. While SGBL.com might just be "random letters" to you and I, you can bet your butt the guy who owned it knew precisely who the most likely end-user for SGBL.com was and played his hand accordingly.

In this case, only an idiot would've gone "Well, this domain is worth XXX as a random LLLL.com, I guess that's the price I'll sell it to Societe Generale de Banque au Liban for."

When you're dealing with a big dollar institution like a bank, finance, etc, and you really have them over a barrel with the name you own (like, their common trade name is an acronym and you own that pure acronym.com), yeah. Go ahead and really put the screws to them... I would've torqued them for more than 18K in a private sale.

 

[Michelle]

yes, a very valid point also Reece
although I can assure you, i haven't :blink:

:kickass:

 

[DotWeekly]

1/ seller has balls of steel

or 2/ the domain weren't listed for sale on sedo, and a 'sedo broker' came a knocking. ie: you may as well add 2 zeros to your asking price when one of those gimps comes a knocking

Keep in mind the domain could of been listed as "Make Offer" and that's what the buyer did.. $18,750 could of been what they felt was a "good offer".

BTW, the current Title for the site is:

Bienvenue à la Société Générale de Banque au Liban

and it is currently an active site (that I can't read)

 

[mwzd]

Great sale. End users rule :p

We really have no way to know how many sales he's blown on his domains by asking so much more than most end users would be willing to pay.

With this sale you'd say it might have been worth it?

 

[gazzip]

A lot of domainers would see the owner as being a good domainer for getting so much for it -- he may or may not be. We really have no way to know how many sales he's blown on his domains by asking so much more than most end users would be willing to pay.

Probably quite a few but is'nt that the way to get a big ticket sale if you can afford the wait, research, patience and BIG BALLS !

I would imagine in this case the seller already had a very good idea exactly who might be coming to buy the .com sooner or later and priced it with that in mind.

They already owned the .net, the .com.lb, .info, .biz, .org and maybe others ?

Nice sale :tu:



.