20i Domains

Free.co.uk SOLD $205,000 by DomainBooth.com

Discussion in 'Domain Name News' started by Jag Singh, Mar 12, 2020.

  1. BG United Kingdom

    BG Well-Known Member Full Member

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    Maybe the service will be 'FREE' in terms of the not having to pay any commission on the sale of a property, yet having to pay to list your property on their network e.g. £149.00 which includes Rightmove listing and three viewings whereby an agent shows potential buyers around your house etc. I have a feeling he wants a piece of the purple bricks pie..
     
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  2. Domain Forum

    Acorn Domains Elite Member

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    articles.co.uk
     
  3. DJ Wood United Kingdom

    DJ Wood Active Member

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    I doubt it as it states no on should charge you for advertising on Rightmove on the tag line. I think this will be free to sell your house if you use our conveyancing and mortgage brokers type of set up.

    They are probably regretting it now as this only works in a healthy market which we certainly won't have for a year or so after the pandemic has calmed down.
     
  4. Trauiner United Kingdom

    Trauiner Active Member

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    Depends on what way you look at it. Paying less to try and sell your home is going to look even more appealing in this current market, for desperate sellers.

    Although the overall target market may be down, the situation plays into their marketing quite a bit.
     
  5. DJ Wood United Kingdom

    DJ Wood Active Member

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    PurpleBricks are only ever successful when the market is booming and properties simply sell themselves. When the market is tough you really need a local agent.
     
  6. twostepsbehind Austria

    twostepsbehind Active Member Acorn Supporter

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    I still can't fathom someone actually paid $205k for this domain - could have got it a lot cheaper by negotiating. Let's be honest, 99% owners would have sold for $100k, if not less. Also, let's not forget, he didn't even want the .uk - mind boggling!

    The skeptic inside suggest some sort of PR ploy going on - otherwise it's utter madness
     
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  7. dougs United Kingdom

    dougs Well-Known Member Exclusive Member

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    I think Chris paid a silly amount for money.co.uk .......brands are brands are brands. Free.co.uk has brand written all over it.
     
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  8. Don United Kingdom

    Don Member

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    that's a high price to pay, but agreed the branding opportunities are unquestionable!
     
  9. ratboy United Kingdom

    ratboy Well-Known Member Acorn Supporter

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  10. khalid

    khalid Well-Known Member

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    Thumps up for this. icelolly.uk is on domainlore right now and IceLolly.com and .co.uk are held by the holiday firm IceLolly Marketing Ltd. It's mental how people are letting a shorter version of their name go.
     
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  11. Aaron Clifford

    Aaron Clifford Well-Known Member

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    Pay 200k for a domain, going to get some traffic because of the sale price and it has some shocking website on it.
     
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  12. ratboy United Kingdom

    ratboy Well-Known Member Acorn Supporter

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    Putting a poor landing site up does more damage than good. Better to have one of those COMING SOON pop your email in...

    re: icelolly.uk < i can only see an influx of DRS cases down the line, same MO each time, bad faith etc,
     
  13. Aaron Clifford

    Aaron Clifford Well-Known Member

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    Could of got a nice looking lander off a template site for £50 and collect emails via it as you've said. If the site continues to look like that once they launch they've wasted serious money on that domain name.
     
  14. dee

    dee Well-Known Member Acorn Supporter

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    yep... the valuation input doesnt work either (at least for me )
     
  15. Hay

    Hay Active Member Exclusive Member

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    Am i wrong in thinking that if you push brand awareness on the term "Free" you could potentially be up against "Three".. whilst i know both operate different sectors, i still think "Three" is what people would assume when hearing the term "Free" on the radio.
     
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  16. Trauiner United Kingdom

    Trauiner Active Member

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    I guess that could work in reverse too? Wonder how many people type in free.co.uk after hearing that. Do they think of Free or Three when they hear it pronounced.

    The website design I don't understand. I feel people would be cautious of the domain when it comes to properties as it's getting into the whole 'it sounds too good to be true' issue, before they've even started looking at the website. If you add that on top of a very untrustworthy site design, I'm curious to see how it plays out.

    I love the domain name though.

    I know some people are saying 200k is a lot of money but in his pitch deck, he says the average mortgage commission is £750. That means they only need to get 266 people to get a mortgage from using their service and the domain is paid for. I feel that even with bad marketing etc, that it's easily achievable by anyone.
     
  17. philliph United Kingdom

    philliph Active Member

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    I thought that after I caught it :D
     
  18. Aaron Clifford

    Aaron Clifford Well-Known Member

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    I think that's a fair thinking pattern.
     
  19. twostepsbehind Austria

    twostepsbehind Active Member Acorn Supporter

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    A better website and decent marketing campaign will get this off the ground

    "Sell your home for free - free.co.uk" - this would be enough

    There's another online estate agent on Strike (strike.co.uk) that has a really really good website, but of course the name is appalling

    Maybe they should merge
     
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  20. Lucky Luke United Kingdom

    Lucky Luke Active Member

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    I'm seeing an increasing number of lorries on the road using .uk rather than .co.uk. Clearly, there are more .co.uk's in total, but the .uk is getting traction.
     
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  21. Ben Thomas

    Ben Thomas Well-Known Member

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    :D absolutely horrendous that isn't it