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After holding photographer.com for 10 years, Blake Newman sells the domain name for $133,000. Despite an industry average of less than $10,000 for domain names, this may signal a rebound in domain name investing.
mole said:What puzzles me with these reports is what motivates anyone want to brag about the exact price they got to attract the tax department, or why the buyer would want the price to be known to every tom dick, and larry.
Unless there is some benefit in public disclosure, like the 'from the left to the right hand' scam to artificial raise the perceived price of a specific domain. The seller could always say "I paid $130k for this domain, I want at least $200k if you want the name', or 'I need the money urgently, so I'm forced to sell my $133k name to you for $50k'. Kaching. Kaching.
I'm not saying that every deal should be suspect unless proven innocent, but that the loopholes to do so is incredibly big and open to manipulation. What I do suspect is that names are changing hands for these amounts and more, but on the quiet and under strict NDA.
mole said:What puzzles me with these reports is what motivates anyone want to brag about the exact price they got to attract the tax department, or why the buyer would want the price to be known to every tom dick, and larry.
Dr. Domainer said:
mole said:What puzzles me with these reports is what motivates anyone want to brag about the exact price they got to attract the tax department, or why the buyer would want the price to be known to every tom dick, and larry.
Unless there is some benefit in public disclosure, like the 'from the left to the right hand' scam to artificial raise the perceived price of a specific domain. The seller could always say "I paid $130k for this domain, I want at least $200k if you want the name', or 'I need the money urgently, so I'm forced to sell my $133k name to you for $50k'. Kaching. Kaching.
I'm not saying that every deal should be suspect unless proven innocent, but that the loopholes to do so is incredibly big and open to manipulation. What I do suspect is that names are changing hands for these amounts and more, but on the quiet and under strict NDA.
SouthernTn said:I was thinking this name could make more than 100,000 a year if developed into a portal to photographers.