In the last few years, following the sale of Smartname, I have been involved in more 6 figure and 7 figure deals than most people. My role has been either as a buyer, seller or broker. The one common thing that almost all of these deals insist on is a NDA. Many Domainers and non public companies like to keep things private. There are 2 ways of thought on this. One thought is that the publicity will help give a bump to the name. The other is that your competitors will see what you are doing and jump on the band wagon. Most believe in the second.
Here is one deal that I am able to mention as it is no longer under NDA. This was a personal domain that I sold. This deal actually occurred in late 2009 but is an example of many transactions that are significant but never mentioned to the world.
Congratulation to the buyers of LotteryResults.com for $300,000 USD.
nice, did you hand register it or bought it and resold it?
Maybe this give some value to eLotteryResults.com
Larry
Congrats nice sale and Happy New Year
Michael,
Thank you. All the best to Judy and Bandit also.
see in at domainfest.
larry
@valuedrops – that was a hand reg back in 97 or 98 i believe.
man thats a nice flip!
300K sure is a nice chunk of change
Nice Sale Larry!
@chris.,- Thanks
Congrats and thanks for sharing this sale. The more sales we all see the better handle we have on domain pricing, though it will never be a perfect science.
‘Lottery Results’ is a great keyword phrase, everyone who buys lotto tickets needs to check their numbers at least once or twice per week.
Very Nice….
Thanks for the info. I think it was a very good deal for you. But there are more than 2 million exact searches per month and it is also a very good investment for the buyer.
thanks hugh. i hope you had a good holiday. we will talk soon.
Larry,
Yes, it’s unfortunate that most of the top sales go untold and unnoticed due to NDA’s. I’d venture to say that nearly 80% of our 5, 6 & ALL of our 7 figure sales are under NDA.
I think that if all sales were made public the real revenue produced by the domain aftermarket would be at least 4 or 5 times what people think it is (about $1 billion annual I think).
Anyhow – great sale – congrats!
Thanks Andrew. Hope 2011 brings continued success.
Nice sale.
Perhaps some of your expert domainers would like to looks at our portfilio. I would like to see the entire company if someone is interested. http://www.INTCA.com
Tom