Is it just me or did Deposit.com sell for much less than it should have?

deposit

This week the news broke of two pretty awesome domain sales, Braden Pollock sold Q.org for a whopping $500k taking the #1 spot, and Deposit.com sold for $170,100 (Source – DNJournal). First – go Braden – $500k for a .ORG is incredibly, and Q.org is a great name, he also has more one-character .ORGs so I’m guessing we’ll see more of these sell in the future.

But Deposit.com at $170,100…this one confused me.

In my opinion, Deposit.com is worth a lot more than $170k. This is a incredibly strong online brand that could be used by a wide range of companies in the banking/finance space. I thought this would much more likely go for somewhere in the $350k – $750k range.

Inception.com sold for $550,000 this summer. Also a great name, but I think Deposit.com is better. So while I’m happy for the buyer and looking forward to seeing what they do with it. I think the buyer got one heck of a deal, and I’m scratching my head as to why the owner didn’t hold out for more.

It’s like owning a house in Beverly Hills and selling it for 75% less than all the other homes on the block. You’d have to wonder, what’s wrong with that house. But with a domain, we can all see it, it’s a word followed by .COM, it’s in mint condition, the same as it was the day it was created.

Congrats to both the buyer and the seller, $170k is nothing to sneeze at, still I think Deposit.com is worth a lot more. What do you think? I want to hear from you, comment and let your voice be heard!

{ 13 comments… add one }

  • Adrian - NZDomainer October 25, 2018, 11:42 pm

    I was looking at this last night on NameBio. Deposit.com sold for $1.5 million in 2000! So down to $170k – what a bargain! Deposit will be hot for something crypto related. Nice buy if you have the cash

    Reply
  • Tauseef October 25, 2018, 11:56 pm

    Deposit for 170k is low. But, not sure if it’s from investor to investor. At present the deposit domain forwards to podr domain. Anyway, Q in org is nice. It reminds me about Z single letter domain sale.

    Reply
  • Matt Holmes October 26, 2018, 12:29 am

    Where can one go to educate themselves on strong one word .com’s like this?

    I really only look on Namebio, and I can only learn the price if I know the exact one word to search for. Of course I’m on Godaddy Auctions, too, but when you sort by one word it’s not accurate at all. I would not have though $170k was low until I also found out what Adrian found out on Namebio.

    Reply
    • Michael October 26, 2018, 4:25 am

      You don’t need to know the exact word to search for, you can select the category of Dictionary and the subcategory of English Word and find all of them easily:

      https://namebio.com/?s==QjM3cDMxkTM

      Sort by price descending to find the high end ones, or maybe limit the price to 50k+ but leave it sorted by most recent first.

      Reply
  • AbdulBasit Makrani October 26, 2018, 2:10 am

    Sold way too cheap!

    Reply
  • aamir October 26, 2018, 5:43 am

    Really is it? {Brutally.net}

    Reply
  • Michael Travis October 26, 2018, 5:43 am

    I think it’s relatively a fair price. There aren’t many buyers ready to buy for 100K+. Catching a seller at time of need, combined with that fact above, you can get deals for good or fair prices. the other one that caught my eye yesterday was Fraser.com for 36K, which is a steal. But again, seller needed the sale, and not many buyers handing out cash even at that range.

    Some people who don’t sell for mid five or six figures feel that those with strong portfolios have it easy. It’s so far from reality. The only people who have it “easy” are those who have alternative income streams and aren’t dependent on sale, and those can extract higher value due to that fact. Rick S, and maybe even Braden, fall into that category.

    Reply
  • Eric Borgos October 26, 2018, 7:18 am

    It seems like a fair price to me. People don’t really like depositing money, they like getting it. So I am not sure it is such a great name for a brand. Plus there is the issue that it could be confused with deposits.com (plural).

    Reply
  • Mark Thorpe October 26, 2018, 7:50 am

    Sold way too low!

    Reply
  • Sigma October 26, 2018, 8:31 am

    @Morgan
    Thanks for writing this follow-up on the Deposit.com sale. I emailed you about this sell, because I too, couldn’t believe it sold for $1.5 million in 2000, and was resold for $170,100 October 2018.
    This has to be a record loss on a public domain name sale.
    This sell appears to be a situation where the registrant was in a severe cash crisis…

    Reply
  • Ray October 26, 2018, 11:32 am

    Cocaine is one hell of a drug. Was he that desperate

    Reply
  • RaTHeaD October 26, 2018, 1:09 pm

    it is the perfect middle between $17,000 and 1.7 million. good deal for both parties.

    Reply
  • John October 26, 2018, 9:57 pm

    $170k for it is pure ridiculousness.

    Reply

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