WallStreet.info sold today on Flippa for $6,050, there were 95 bids. What seems like a nice sale is actually a sale at a fraction of what the name sold for in 2008.
Sales chart courtesy of DN Journal
Liquidity in alt extensions is obviously not as great as in .com (not that people don’t take losses there) and if you need to move a name fast you can take a big loss on what is a premium keyword.
Here is a link to the Flippa Auction
{ 15 comments… add one }
June 26, 2013, 8:45 pm
June 26, 2013, 9:01 pm
Thanks Ophelie, we see each other everywhere now. I still owe you an email.
June 26, 2013, 9:20 pm
You cannot do a no reserve auction and risk that kind of loss on a premium domain. I want to see if the whois changes. Ophelie can you tell us what happens if the seller refuses to sell ?
June 26, 2013, 9:35 pm
Deano, if the seller refuses to sell, the buyer can file a dispute and the seller’s account may be suspended.
So far, we haven’t received any indication that the sale will fall through.
June 26, 2013, 10:09 pm
Thanks for the reply Ophelie, I was just thinking that someone might not want to sell for a loss and not care about the rules. You guys have had a lot of nice .info sales lately.
June 27, 2013, 1:37 am
Just because the domain name sold for $25,500 years back, that doesn’t mean the current seller has lost $$ on this sale.
We have purchased several “previous-high-sale-domain-names” and sold them at a great profit, despite them not selling for the figure they had exchanged hands for in the past – for the simple reason being the previous owner quit the industry/domain space/vertical in which they were active and didn’t take the time to find another buyer.
June 27, 2013, 3:10 am
How about PayDayLoans.info………..sold in Dec 2010 for $24,000…………Resold in Jan 2012
for $10,000. The market is not what it used to be.
June 27, 2013, 3:18 am
There are also plenty of positive cases of .INFO investments and great returns on those names.
For starters, how about Asbestos.info – purchased for $1,040 and resold for $6,750.
And Vacation.info – purchased for $3,000 – resold for $11,650.
Games.info – purchased for $11,500 – resold for $20,300.
June 27, 2013, 3:51 am
@Federer
Good point, I guess it’s natural for many of us to only see the “negative” side of things.
June 27, 2013, 5:12 am
I think that often, the real “profit” for many domains is realized during the time you own it, and cannot always be measured soley through the purchased v sold prices.
Re the recourse available if seller refuses to transfer – if losing your flippa account is the sole risk “cost”, then I could understand a corporation or partnership who thinks they own a 20k, refusing to let it go for 1k, for example. I’m not condoning that anyone reneg on terms they agreed to. I think that is a valid question. I’m not familiar with the terms of use and what legal effect they may have. (speaking of the term.. I own “terms of use dot com”). One would hate to compete with a dozen others at auction and win, then the seller walks.
Often enjoy your perspectives Mr Linton.
June 27, 2013, 6:56 am
Just picked up medicare.info amd I have no doubt when I sell, I will make $ on it.
June 27, 2013, 7:29 am
If someone pays well into five figures for a two-word .INFO, it doesn’t surprise me that it gets resold at a lower price. I don’t have many .INFO domains but I don’t believe I have ever received an offer for more than ~$150 for one.
June 27, 2013, 8:39 am
@federer that’s all well and good, this article is about WallStreet.info and that’s a big loss, I realize your agenda is to pump .info but the bottom line is it sold for $19,000 less. Its not the only .info to be resold for a lot less.
June 27, 2013, 8:47 am
That’s a good point Bob about a company walking and not caring about losing a Flippa account. They are in Australia too, so if the buyer in China not sure what would happen. I don’t think Morgan wrote the article, it was Raymond.
Mike that all depends what you bought it for, not sure why anyone would have no doubts in the .info market.
Deano you’re correct that its a big loss and not sure about the notion someone said the money is made while owning. If the domain was not developed then the person who paid $25,500 made nothing on the deal.
June 27, 2013, 9:14 am
Ok it’s down and it’s a hit – but what the heck isn’t theses days, us having all been through a vicious recession and all?
That original sale was 2008 – the height of it all with the bankers in full flow.
This is a sign of life – and that’s good news.
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It’s interesting to note that this was a no-reserve auction. No-reserves are a gamble at the best of times, but when you’re hoping to recoup an investment, a $1 reserve is not a good idea.
Then again, I’m not the seller, and, despite being a Flippa admin, I have no special insight into this sale.