OnlineDomain.com Domain Name News & Opinions
Rick Schwartz, aka the Domain King, announced in a tweet today that he has sold his entire portfolio of 10 NNN.com domains.
Rick did not disclose the price that the domains were sold but did say that the domains would take 10 spots high on the DNJournal’s top sales of 2017.
I would expect the price to be somewhere between $1.5M and $2.5M for the package.
The domains were purchased back in 1997/1998 for $700.
The 10 sold domains are:
346.com
348.com
238.com
975.com
750.com
243.com
295.com
969.com
239.com
977.com
All domains appear to have been sold to a Chinese buyer. The deal was brokered by TopNames.
This was the tweet today:
“Happy 2 report I’ve sold my entire portfolio of 10 NNN(.)com #Domains purchased in 1997/1998 for $700. Tho I can’t share pricing, I can say it would’ve swallowed up 10 spots high on @DNJournal’s top sales of 2017. Thanks to @TopNames 4 brokering this multi-million-dollar deal!”
Happy 2 report I’ve sold my entire portfolio of 10 NNN(.)com #Domains purchased in 1997/1998 for $700. Tho I can’t share pricing, I can say it would’ve swallowed up 10 spots high on @DNJournal‘s top sales of 2017. Thanks to @TopNames 4 brokering this multi-million-dollar deal! ? pic.twitter.com/yWTFSRfzOd
— Rick Schwartz ? (@DomainKing) November 14, 2017
Update: Rick made a few tweets today and according to these I now estimate the price of the 10 NNN.com domains at about $5M.
When I retired in 2014 I offered all my 3N and 4N #Domains as a package for $2.75MM. No takers. Now I took in over 2x as much and still have 18 of 20 of my 4N’s. Next to Porno(.)com, this was my 2nd largest all cash sale. #Marketing #Bitcoin #Property pic.twitter.com/x6VwFzKNn3
— Rick Schwartz ? (@DomainKing) November 15, 2017
Next, I’ll focus on my 18 NNNN(.)com #Domains. Last time I looked, I held the record for my $180k sale of 9595(.)com just to be broken with my $225k sale of 8181(.)com. I call these “Low hanging fruit” #Bitcoin #RealEstate #Marketing #sales #Property pic.twitter.com/YiYwkX4cs5
— Rick Schwartz ? (@DomainKing) November 15, 2017
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That’d be at least $3 million. Rick doesn’t sell cheap.
Agreed at least $3M
Maybe if sold individually but as a package he must have given some discount.
Probably wanted $450K min per domain individually. Would be surprised if discounted bulk price below $3M.
Maybe you are right.
China still going strong. Only the bottom feeders are gone. Top end of the market is still attracting a lot of cash apparently (NN, NNN, LL, LLL). Of course only in .com
My guess is $2.8 million for 10 names.
Amazing. He owned 1% of the entire NNN.com market.
He holds long and sells high. Easily over three million don’t ya think?
Are those three 4’s there a ding?
IMO- I would place the sale around 6.0-6.5 million. His last NNN was around 900k. Average them all out and 600-650k would be solid.
Hello Konstantinos,
For those looking for a Bottom Line: As Facebook and Googles SEM Business Model Descends, Prime .COM Equimoddity Platform Assets Market values, Ascend Exponentially. JAS 10/18/17
Gratefully, Jeff Schneider Former (Rockefeller I.B.E.C. Marketing Intelligence Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist.) (UseBiz.com)
Hello Konstantinos,
How out of touch are the SEM suppliers? The state of Missouri is now investigating the Googleopoly, and they much like Teflon Trump think everythings still Business as usual. Google and Facebook are experiencing their own Disruption instead of breaking others Business Models. JAS 11/15/17
Gratefully, Jeff Schneider Former (Rockefeller I.B.E.C. Marketing Intelligence Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist.) (UseBiz.com)
As we predicted on Ricks Blog = ( We predict the Googleopoly, algorithm changes that will be imposed on them will fundamentally increase .COM Equimoddity Asset Valuations 10X fold JAS 9/28/17 Former (Rockefeller I.B.E.C. Marketing Intelligence Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist.)
Hello Konstantinos
How do you justify S.E.M. Platforms knowing the following? ( Here are 2 theoretical Questions ? 1 How much traffic would you lose using Google based SEM online Marketing Strategy ? 2 How much traffic would you lose using NON-.COM extensions ? our answer to 1 = (25 to 40% Traffic loss) our answer to 2 = (50 to 60% Traffic loss) NOW here is the Big Question ?Why would anybody use these strategies??
Gratefully, Jeff Schneider Former (Rockefeller I.B.E.C. Marketing Intelligence Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist.) (UseBiz.com)
I said around 2.5 – 4 mil I was only off by a mil and seem to be closest. Rick doesn’t get jittery and just cut and run, he sells high and delivers. No doubt about it.
Truly the Domain King.
Rick is unique, with the years in some US square there will be a statue of him with this writing I buy pigeon shit bring luck.
Hello Konstantinos,
People often ask us how does Rick negotiate such high valuations?
Ricks mindset and conviction are bolstered by the underlying Concept.
” In many cases undervalued , .COM Profit Center (Equimoddities) are unleveraged Online Sales Entities in sheeps clothing.
Visionaries are simply defined as those individuals able to clearly visualize and define, future undervalued Asset Forms, that actually do finally Manifest into Form. JAS 9/14/16
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com
Hello Konstantinos,
Rick Schwartz, understood the economic ramifications of new TLDs being introduced, and that the only people the new TLDs benefited were Search Engine Marketing Advocates Only. The new TLDs are totally dependent on the Search Engine Market platform for any minor relevance they enjoy. As anyone who has studied our Marketing Intelligence reports should know by now, The highest and best use of new Tlds is for their ability to be manipulated by S.E.M. Algorithms for the S.E.M. Platforms proprietary Manipulation for their own Profit.
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com
Hello Konstantinos,
The Really Smart Institutional Money is slowly waking to the Economic Power of the (.COM Equimoddity Platforms) Strategic Leveraging Power. For the creative mind there are opportunities everywhere.
In our opinion the greatest ASSET opportunities lie in the (Target Branded .COM Equimoddity Platform Asset) REASON :
Most of the privately held (Target Branded .COM Equimoddity Platform Assets) are owned by inexperienced Branding experts. This accounts for OPPORTUNITY. JAS 11/19/17
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com