hits $150k on Flippa domain auction

I was reading the Domain Smoke newsletter this morning when a name caught my eye, which has an $150k bid on Flippa. As many people know, sold for $720,000 and I think it’s safe to say is right up there in terms of quality. Of course the question is, will it reach a price this high when listed for sale on a marketplace?

This is the conundrum that many domain investors face. Selling a name in the $500k+ range usually means having a name first, that’s worth more than $500k and second, waiting for a very motivated buyer that wants to buy the name from you.

When you list a name for sale or contact someone directly to buy a name from you, the leverage often flips, and not in your favor. I think this is what we’re seeing with right now. It’s no secret that Flippa has buyers with six-figure budgets, now the question is – does the owner of want top-dollar for their domain, or are they looking for liquidity?

My guess is there is a real opportunity to meet in the middle here. If the owner of wanted something like the $720k the owner of got, I think they know they’d have to be patient and wait on inbounds. The advantage a marketplace like Flippa, Afternic, Sedo, etc. offers is the ability to get more eyes on your name and let people know you are actually motivated to sell the name.

Okay, so here’s my two cents on what could happen here. First, yes, could sell for $720k or even $800k, it’s possible. That being said, it could take one year, ten years, or twenty years for that to happen. My guess is the owner wants some cash sooner. Knowing that I’d say the sweet spot is in the $250k – $350k range where someone like a Brent Oxley could swoop in and pick it up.

What do you think?

{ 4 comments… add one }

  • Shamil September 16, 2020, 11:25 am

    I think it was stupid to buy to sell it later for a large sum; it has already reached its ceiling. If this was the case, it is obvious that the new domain owner made another financial mistake and it can not be attributed to the concept of “domain Investor” since the liquid price of the domain will be much lower and this overpayment with its narrowly thematic coverage is not justified.

    • Michael September 16, 2020, 11:46 am

      This is a name that’s been floating around on the market for ages. I didn’t realize it had finally sold to another investor. Shamil, when was the sale and for how much? I only see the 2007 sale reported in Namebio.

      • Shamil September 16, 2020, 7:54 pm

        Hey, this domain was NOT SOLD: today in Flippa, the same seller has the same domain but at a different price ($350,000). To be honest, after reading this article, I did not look at Namebio and Flippa because I did not think that invalid information would be published here. Why Morgan began to publish a deliberately invalid information?

        • Michael September 17, 2020, 6:14 am

          It looks like the auction ended unsold so the listing reverted to a classified listing. I don’t see any invalid info in the article.


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