DWN.com - €2,999 Euros

[dog]

DWN.com sold on Sedo for €2,999 Euros ($3,243 USD).

Deal of the year?

 

[Edwin]

Something about that looks fishy. It's just such a ridiculously low price, it's hard to believe that the transaction's legitimate. Like buying 24ct gold for the price of bronze. No doubt time will tell.

 

[dog]

Agree with you @Edwin. It's a crazy low price for a 3L.

Installment payments?

Something about that looks fishy. It's just such a ridiculously low price, it's hard to believe that the transaction's legitimate. Like buying 24ct gold for the price of bronze. No doubt time will tell.

 

[Edwin]

Scratch that, it sounds like an incredibly clueless seller, but legit!
http://tldinvestors.com/2017/03/you-have-to-know-what-you-own.html

 

[Murray]

Scratch that, it sounds like an incredibly clueless seller, but legit!
http://tldinvestors.com/2017/03/you-have-to-know-what-you-own.html

I thought pretty much all LLL com domain owners get spammed with offers?

Wouldn't many of those spammed offers been more than it sold for

 

[Edwin]

It sounds like nobody was checking the emails (that kind of stuff can happen at large companies: it's ALWAYS somebody else's job!)

 

[webmasters]

"many people going bankrupt..." & "All digital domains ccTLD has crashed in China." a friend for China told me that...so don't be surprise if other value domains will sell at this price. Was & is a bubble LLLL chip or LLL ccTLD

 

[Domaintial]

I can't believe this... madness.

Also quite annoyed at myself, I have saved searches set up on SEDO as part of my workflow, looking for CC, LLL uk domains with reasonable BIN prices on... bought an LN .uk about a week or so ago through this process on SEDO... never occurred to me to check on .com... wow... one lucky buyer, easiest 10x on monies ever made there!

Ah the domain game!

 

[Edwin]

If anyone wants a pre-formatted search string, this one should be pretty close! Shows all 3 or fewer letter .com domains at BIN prices, in ascending price order.
https://sedo.com/search/?language=e&cc[0]=com&listing_type[0]=1&len_max=3&rel=2&special_characters[0]=3&orderdirection=1

(You have to put up with a few hyphenated domains - if I take that out of the search parameters, it seems to stick IDN in there instead)

 

[Domaintial]

LOL, nice @Edwin - already had something similar up, although no chance of any other gems being avail. Even the guys reporting on this would have checked before posting. That said... its that type of thinking that meant I didn't spot DWN.com when looking last week!

 

[Edwin]

I can see some sort of clever cron job combined with some kind of string comparison to compare the most recent and previous outputs might come into its own for the ultra-rare cases like this. If you checked Sedo automatically every 5 minutes (for example - you don't want to be accused of DDOSing them by pulling the data too frequently) and checked for any change at the top (cheap) end of the results, then you'd be alerted very quickly if a similar bargain ever arose again in future.

 

[Domaintial]

Great minds... I have something similar in place using the drop data from dropcatch.com, I get an email every morning based on criteria set, we have a web interface to add terms based on "domain starts with", "domain contains", "domain ends with" type filters.

Recently expanded that email to include the search criteria based stuff we have in our DPM* from the XML feed @RobM provides us with.

Will be adding another email to the system when I get a chance, to catch the SEDO stuff, or maybe include it on the email which contains the DL listings (via the RSS feeds).

Emails just go to us internally here.

*DPM - Domain Portfolio Manager, internal php/mysql "thing" i've built up and bolted onto over many many many years - pre efty and domainmanage and all the others.

 

[Edwin]

If I were coding such a thing (I'm not) I'd also take a look at the data from Afternic and Godaddy, assuming it's possible to piece together the appropriate search strings.

 

[dog]

Thanks @Edwin. Seems all the prices LLL prices are where you expect them to be.

The best deals usually aren't on marketplaces but this was pure luck for buyer.

If anyone wants a pre-formatted search string, this one should be pretty close! Shows all 3 or fewer letter .com domains at BIN prices, in ascending price order.
https://sedo.com/search/?language=e&cc[0]=com&listing_type[0]=1&len_max=3&rel=2&special_characters[0]=3&orderdirection=1

(You have to put up with a few hyphenated domains - if I take that out of the search parameters, it seems to stick IDN in there instead)

 

[RobM]

That is a ridiculous price. I have never seen a 3 letter .com go for less than $9k. I remember selling an awful one think it was ZXC or something and even that I got 13k for. If it's legit the seller is a fool

 

[domainseller200]

If every company had an idea of what their names were worth, the drop catching industry wouldn't even exist.

This is no different, except he got 2999 euros for it instead of 0 euros

 

[Murray]

If every company had an idea of what their names were worth, the drop catching industry wouldn't even exist.

I would have guessed it was negligence as much as anything

It's not uncommon to hear of companies being offered money and being told "no this domain is vital to our business" only to let it drop.

 

[domainseller200]

Very true Murray, but I think my statement in the whole is fairly accurate overall

 

[markb]

I am sure there are many better deals than this that have gone unreported, including many bargains bought by members from here. I thought the majority of domainers spend a lot of time contacting owners of good/valuable domains offering them a low amount, in the hope that they do not know the true value of their domains. Although I am sure most people who own valuable domains have now cottoned on to the fact that their domains are valuable due to the number of people enquiring to buy them. I get daily emails regarding many of my domains from people hoping that I do not know the true value of them and will sell them cheap. Looks like in this case, the buyer got lucky and the owner didnt know how much it was worth.

This story is just going to encourage more people to start contacting everyone on sedo giving low ball offers.

 

[bizzyboy]

Another reason not to pay any attention to the Sedo Domain Valuation tool when you add any domains as it looks like their automated tool 'Valued' this domain at 2,999 Euro which I assume the seller accepted and then stuck as the BIN price.