Two weeks back, Sedo reported that the domain name Assurance.org was the “Top “other” TLD” in their weekly sales report. The domain was sold at 16,500 EUR or $22,050 USD. The domain sounded familiar and after a second I realized that had sold the domain a few years back. I checked immediately and found out that I had sold it for $18,000 back in September 2009. My buyer at the time was the seller now.
I caught Assurance.org in a drop in 2005 and paid about $80 for the backorder.
I was relieved to see that I had sold the domain at a pretty good price and very close to the price that it was sold 3.5 years later. It’s doesn’t feel good when you sell a domain and someone flips it for x10 what you sold it for…
Actually the seller made a profit but not all that much. Depending on how the domain was sold (Sedo or SedoMLS) he got net 14,025 Euro (-15% 2475) or net 13,200 Euro (-20% 3300).
(The domain was transferred to Go Daddy so it is possible that the domain was bought through GoDaddy that is a SedoMLS partner)
On September 8, 2009 the buyer had paid $18,000 USD plus the escrow fee and that had a total cost of $18,196.30 or 12694 Euro.
So 3.5 years later he made either 1331 Euro ($1779) with the 15% Sedo fee or 236 Euro ($315) with the 20% Sedo MLS fee. Of course he made some money from PPC in the 3.5 years as well.
I am not sure if the buyer was looking to unload the domain for the past 3.5 years… !8k USD was a bit high for a reseller to pay and sit on a domain for years looking to double it’s investment.