Domainmonster.com Industry News
Home > News > April 2007
Domain Resale Market
Ron Jackson reports the highest domain name sale every week in the DNJournal.com. He is aware of other domain sales but not allowed to disclose. Various domain sales occur also beyond his knowledge. A huge number are purchased by big companies or people who wish to keep the information secret.
"I recently advised a good friend who was approached by a large company about her Domain Name. She registered the domain to use for her P.R. business about a year ago. This company wanted the domain, and she ultimately decided to sell it. Of course, selling the domain she used for her business involved some hassles, but she was able to settle on a nice 5-figure price. As a thank-you for my advice, she treated my wife and I to dinner at Jeffrey’s, an upscale Austin restaurant that George W. Bush frequented while he was governor. As we enjoyed our beef tenderloin and bottle of nice wine, I reflected on a couple things:
1. Many domains are selling each week that the general public doesn’t know about. In fact, I believe the number of unreported sales is greater than the reported sales.
2. My friend accidentally stumbled upon a domain sale that’s bigger than many full-time domainers have ever achieved.
Just a couple weeks ago I completed a five figure sale that no one will hear about. A few months ago another friend took me out for steak for helping him sell a domain for $6,000. Again, no one will ever read about that sale.
The message? The domain resale market is bigger than you think."

