
Lately I’ve seen a number of cases where people sell domains for well below market value. I get it, if you need money, you need money, so you sell for what you can get, but honestly sometimes I see a sale that just makes me scratch my head.
Such is the case with HVW.com which sold for $12,000. I discovered that sale thanks to Joe Styler who highlighted the sale on his Twitter account:
Now in case you didn’t know, three character .COMs like this typically sell for a lot more, heck Ice.com sold for $3.5M last year and NCC.com sold for $300,000 over the summer, so yes $12k is a screaming deal.
So what happened here? Did the buyer here get lucky? Did the seller set the reserve too low? I want to hear from you, comment and let your voice be heard!

The market for this type of name has collapsed, I’d say prices are down 60%-70%. Prices have been flirting with 4 figures for quite a while, will be interesting to see if it eventually dips into that area or not.
The problem is few endusers and the prior market was a bubble pushed up by speculative Chinese buying. There was also the big Chinese firesale of these names a while ago (I think fuelled by borrowing) and that is probably still hanging over the market.