They bought bars.co.uk recently and are now selling it again.
Weirdly its only at about 1/3rd of what they paid for it 2 months ago, unless it has a massive run it will be a huge loss
bars.co.uk sold at a loss of £1,300 for 2 months ownership.
https://seemly.co.uk/domains/prices/Bars.co.uk
Crikey...
A method of money laundering?
Could this not just be a case of the owner needing to to liquidate assets quickly in a changed market?
Maybe.
Personal circumstances can obviously change overnight, but has the market changed so much that in less than 6 months you can take such a large financial hit?
Any asset is only worth what someone will actually pay for it, the recent auctions show that (among domainlore buyers at least) the market values have dropped considerably.
Sorry, I was only referring to the specific domains being discussed i.e. the evidence shows their values have fallen.The domains mentioned in this thread don't constitute the entirety of the domainlore market - even when isolated to recent sales.
The domains mentioned in this thread highlight a strange anomaly of attempted flipping of domains and losing a considerable chunk of change, all from the same account. I don't think it tells you anything about the domain market as a whole.
Sorry, I was only referring to the specific domains being discussed i.e. the evidence shows their values have fallen.
Would these auctions seem odd if they had sold for more than originally paid?
The seller has no control over what the domain sells for, maybe they expected it to sell for more than they paid.
This has been mentioned in a couple of threads now but nobody had come forward to say that they have previously dealt with them.
Is there a risk that the domains were originally sold at an inflated price via some sort of shill bidding scheme.
The purpose being so that upon resale bidders might pay more than they may have usually because they think the domain is worth significantly more as proven by the previous recent selling price.