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Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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High
End Domain Sales Continue Comeback With $380,000
Sale of Body.com But Half Million Dollar
Deal for MD.org Goes South With High Bidder
Getting Sued
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Earlier
this week
we broke the news
about 114.com selling for $2.1 million
in the highest domain sale reported so far this
year. The previous top sale had been reported
just the week before when it was learned that Brand.com
had changed hands for $500,000. Now comes
news this afternoon, in a message from Paul
Nicks, the Aftermarket Product Director at Go
Daddy, that they just closed a $380,000
sale for Body.com. Nicks told us,
"Body.com was listed via our partnership
with Sedo
and sold from GoDaddy.com as a make offer
listing." So,
in just the past two weeks, 2013's
three biggest reported domain sales have
entered the books (we will officially chart
Body.com in our next weekly
domain sale report next Wednesday
(July 17) . We are also aware of some very large
sales that have not been made public due
to non disclosure agreements (one of those well
into seven figures). It is still
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+
=
$380,000 Sale
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probably
too early to make a definitive call, but after a
long recession-fueled drought at the high end of
the domain market, it looks like things are
starting to turn.
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No
Sale image from Bigstock |
Speaking of
high end domain sales, ever since a NameJet
auction for MD.org ended with a
winning bid of $555,650 in April,
we have been checking the WhoIs record
regularly for a change of ownership.
We do not consider a domain sold (and thus
eligible for our charts) until it has been
paid for and transferred to the new owner.
That hasn't happened with MD.org and now,
after a post from Michael Berkens at
TheDomains.com,
we know why.
According to
Michael's report, the seller of MD.org, Privacy
LLC, and NameJet have filed suit
against the alleged high bidder in the
auction, Scott Ross, for
non-payment. The suit also indicated the
plaintiffs believe
attorney/entrepreneur Ari Goldberger
and his partner, veteran investor, Larry
Fischer, may have been part of
a group backing the bid (and thus liable
for payment in the plaintiffs' view) with
Ross acting primarily as an agent in
placing the bid. |
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Michael
noted, "The Plaintiffs asked the
court to award General compensatory
damages of “not less than $300,000″,
plus the $555,650 representing the
winning bid placed under Scott Ross’
NameJet Account, attorneys fees and costs
of the suit, and pre and post-judgment
interest.” At this early stage in
the matter, none of those mentioned in the
suit, all well-known veteran industry
players, have commented on the allegations
(and in most cases parties to such
disputes will not comment outside of legal
channels). As is the case with any civil
suit, the court will listen to both sides
of the story and decide whether or not the
plaintiff's claims have merit. |
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(Posted July
11, 2013)
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For
all current Lowdown posts - Go
Here
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We need your help to keep giving
domainers The
Lowdown, so please email [email protected]
with any interesting information you might have. If possible,
include the source of your information so we can check it out (for
example a URL if you read it in a forum or on a site
elsewhere).
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