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Fly.com Sold for $1,760,000

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dommer

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The seller could have gotten anywhere from $3 to $5 M, if he had a buyer who really wanted it. He might have had to wait 5 years for it too. You have to consider time value of money.

Bottom line $1.76 M is still a good sale.
 

mrdollar

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yeh, 3 words domain with huge traffics without advertising i hope if that domain is mine :)

thanx
 

PRED

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The seller could have gotten anywhere from $3 to $5 M, if he had a buyer who really wanted it. He might have had to wait 5 years for it too. You have to consider time value of money.

Bottom line $1.76 M is still a good sale.

5% takes: F-L-Y.com :cool:
 

exponent

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You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
Know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done
 

chillking

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The last time this domain was on auction im sure it said it was making $30k to 35k a year that would pay for its self in 5 years and just imagine what it would be worth then the buyer got a steal if it is making 30k a month .
 

Dorkside

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Apparently Fly.com was sold ten years ago for a reported $1,500,000. So if if the person behind this sale is the same person who bought the domain they "only" earned $260,000 on the sale. Not the greatest return on a domain percentage wise, but they still came out ahead with a domain bought before the dot com bubble burst.

http://domainnamewire.com/2009/01/30/flycom-appreciates-20-in-10-years/
 

wussadotcom

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Apparently Fly.com was sold ten years ago for a reported $1,500,000. So if if the person behind this sale is the same person who bought the domain they "only" earned $260,000 on the sale. Not the greatest return on a domain percentage wise, but they still came out ahead with a domain bought before the dot com bubble burst.

http://domainnamewire.com/2009/01/30/flycom-appreciates-20-in-10-years/

Thanks for the link. Doesn't seem "such" a bit profit for such a high value domain but still... For me and most of us thats :eek: However I agree 10 years ago is a long time. Average of $26K per year or around $2K+ per month
 

gilesdawe

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What will the current owners do with it? Just sit on it and wait for it to increase in value?
 

Dorkside

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It's good to see a premium domain sold to an end user and being put to use so quickly.
 

irongloves

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They already have a website up.

It's good to see a premium domain sold to an end user and being put to use so quickly.

Yes, and definitely that's the best way to use such domain (a Kayak style website or flight fares comparing website).

To all people who suggested to propose such domain to any airline in the industry...go take a nap!
 
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