BeachLife
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What are your thoughts on someone spending $13K on a five-letter domain but not developing it even after seven months?
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EpicSamething as:
"I know a person who was married for several months but did not have sex"
I don't really care. It's none of my business.
What are your thoughts on someone spending $13K on a five-letter domain but not developing it even after seven months?
I still wonder about some true reported pom pom waving sales or if they fell through, $300K purchases like Inspection , being parked no 301, nothing. Look at archive and it was at the supposed customers only a short time- like only a few days pointed to the reported customers site. Then after that? Gone.
https://web.archive.org/web/20180201131032/http://www.inspection.com/
Total silence on that one, nobody ever explained that, nor obligated to obviously but in my book something is amiss.
https://www.namepros.com/threads/ar...s-accurate-or-even-true.1113246/#post-7016675
https://www.namepros.com/threads/ka...n-com-for-335-000.1066709/page-3#post-6920806
Here the broker actually liked a subsequent excuse post, yet never responded. haha.
https://www.namepros.com/threads/ka...n-com-for-335-000.1066709/page-3#post-6921767
As I've seen this pop up several times on this forum, I'm going to comment one time and one time only:
As reported in DNJournal.com, I brokered the sale of Inspection.com for $335K one year ago. It was an all cash sale, ably transacted via our friends at Escrow.com, and all parties walked away happy. The buyer asked me to keep their strategic plans for the asset confidential. As @johnn pointed out via the amusing and spot on metaphor: "I know a person who was married for several months but did not have sex," it's precisely no one's business what the buyer does with the IP, or when.
As for the "pom pom" waving, I report all sales that are not under NDA. Reported sales are good for our industry, so I do my bit. All ships rise in a rising tide.
My best to you all,
Kate
Actually, it was me that has questioned it several times, and you know it. No disrespect to you or your business, it's just one of many sales published on my radar and unfortunately I picked this as an example.
https://www.namepros.com/threads/ar...s-accurate-or-even-true.1113246/#post-7016675
https://www.namepros.com/threads/ka...n-com-for-335-000.1066709/page-3#post-6920806
Thanks for coming on this forum and clarifying "one time only" and sorry to interrupt your busy business schedule. Unlike the famous brand Cpap who do 301's redirect their names you also reported (Congratulations on those sales), I still find it strange that someone pays $300K for a name that is specific to their business and directly involves their business, 301's it briefly and they own lot's of alternative domains to all sorts of types and geo versions of inspection.
They sort of appear to be rebranding taking another look at their website updated in December and spinning off something with the company imo. I see the buyer rebranded with a LLLL and the list of other domains registered do not resolve there. I also see whoxy has removed completely the past records that existed before for some strange reason, (Lol, they were there before). Fabulous out of Australia I believe was the previous registrant if I recall.
This sale appears to make sense that they are parking it for moving money around offshore or rebranding and have a new worldwide expansion that they even now state as of December on their homepage, so excellent for them- maybe they will become public someday, more power to them.
Sure, it's nobodies business. But once something is published it becomes public knowledge and subject to scrutiny. So you might ask why scrutiny? :
I constantly see stupid domainer to domainer sales reported in DNJ, which are getting quite annoying to see because they are not end user sales. The Pom Pom waving for those sales are not worthy of print, unless of course you believe in the "Greater fool theory" where domains get passed around. So you can imagine when someone reports an actual end user sale, it's certainly noteworthy- the rest is TMZ like noise to me, sure lot's of other people are impressed about big numbers even though they are not to end users, but not me.
So blame me for being the outspoken pundit. I happen to do a lot of questioning here, and my reputation is self evident for that. It actually upsets quite a few people that only want to see positive news, and blindly ignore the reality of how illiquid most valuable domain names really are to be sold to real corporate end users. A million of them remain parked for 20 years. But my only objective is calling things out that seem amiss, not accusing just asking. I simply don't care about anything domainer-domainer sales. Period. Only end user sales market integrity.
So, hopefully soon your customer will actually use the domain name and we don't see another sale in 2 years published where a domain broker sells it to another investor.
Keep up the good work.
Hell of a post there but I'm not sure I agree wholly with the fact that domainer sales are not sales.
it's just domainers saying they sold the domains to each other so it looks good.
They were never actual sales to begin with and one can never truly follow the money trail.
Whats the domain name,bet you wont say .I think your waiting for them to forget to renew and you will pay a fraction in an auction to get your baby back. WHATS THE NAME ,DO IT DO IT TELL US OR GO HOMEI sold a domain to a business for $12,400 over 6 years ago and it is still not developed yet. I'm sure someone somewhere has paid 6 figures plus for a name and never did anything with it... and has no intention of ever selling it either.
Whats the domain name,bet you wont say .I think your waiting for them to forget to renew and you will pay a fraction in an auction to get your baby back. WHATS THE NAME ,DO IT DO IT TELL US OR GO HOME