- Impact
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For some time I have been bothered by statements that the worth of a domain name is 'reg fee' simply on the basis of a limited (or nonexistent) sales record in that extension. Since I have been closely following the ngTLD sales for about a year and a half I have constantly seen cases where a high value sale represents a big jump from previous sales.
That happened again in the most recent (Sept 17) NameBio daily report, where smile in the direct extension sold for $7018 on Sedo. There had, before this, only been ever 4 sales in the extension, and the previous one was almost two years earlier and just $111 (can see the list here).
Now I know that the ngTLD sceptics will jump in and say it is a fluke and the purchaser paid too much (see I said it for you so you don't need to! ). That is a possibility, I readily admit, but I think if you take a multi-faceted detailed appraisal look that the price of the smile sale is about right.
I do such an analysis in this new post on my blog.
I also addressed the question of whether this was the only time a big jump happened. Some of the more dramatic ones I list below (there are many others, but I think these are the biggest jumps)
Bob
That happened again in the most recent (Sept 17) NameBio daily report, where smile in the direct extension sold for $7018 on Sedo. There had, before this, only been ever 4 sales in the extension, and the previous one was almost two years earlier and just $111 (can see the list here).
Now I know that the ngTLD sceptics will jump in and say it is a fluke and the purchaser paid too much (see I said it for you so you don't need to! ). That is a possibility, I readily admit, but I think if you take a multi-faceted detailed appraisal look that the price of the smile sale is about right.
I do such an analysis in this new post on my blog.
I also addressed the question of whether this was the only time a big jump happened. Some of the more dramatic ones I list below (there are many others, but I think these are the biggest jumps)
- When home.loans sold for $500,000, the previously highest sale in loans was just $7500 and there were only 4 previous NameBio listed sales at any value in the extension.
- When autism.rocks sold for $100,000 on Sedo in 2015 there had not been a sale at all previously in the extension.
- Vacation.rentals sold in late 2017 for $500,300. The previous highest sale in that extension was just over $1500, and even today there are only 5 other sales in the extension listed on NameBio.
- The .online extension has sold many times, but when casino.online sold for $201,500 in March 2017 the previous highest sale in the extension was just over $16,000 (there have been some higher sales in the extension since them, but not nearly at the casino level).
- The great domain name video.games sold for $183,000 in 2017. The next highest sale in the extension is only $1101.
Bob