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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
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VIPBrokerage
Closes Multi-Million Dollar Sale
of Christmas.com in One of 20
Biggest Domain Sales Ever
Reported
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Christmas
was over
7 weeks ago but, at least as
far as the domain industry is
concerned, the biggest
holiday-related news of the year
being just came out today (in the
article you are reading now). We
have learned that Mark Thomas
at VIPBrokerage.com
completed a $3.15 million
sale of Christmas.com
in November when the buyer exercised
a purchase option that was part of
a four-year lease to own
agreement.
The
name went to the Buffalo, New York
based Gordon Companies, a
firm founded in 1977 that has been
a long-time leader
in importing,
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Image
from Bigstock
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wholesaling and
retailing Christmas related merchandise. The
company has over 350 employees and occupies over 400,000
square feet of warehouse and distribution space. Gordon has also become a
leader in Christmas ecommerce after spending the past 15 years
building partnerships with some of the largest marketplaces in the U.S., as
well as boutique vendors and retailers.
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This is
the second time in the past two years that VIPBrokerage has
breeched the $3 million barrier with a domain sale. They previously
did it with a $3 million sale of California.com in 2019
that wound up being the third biggest sale reported that year. Just
last week, they posted another solid sale (Arizona.com
at $350,000) that will assure them of two (and
likely the top two) spots on our next bi-weekly Top
20 Sales Chart that will come out Wednesday evening
(February 17). At the same time, we will update our Year-To-Date
Top 100 Sales Chart where Christmas.com will take over the
top spot |
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currently
occupied by GoBet.com at $850,000. (Sales are charted based on when
they were first publicly reported, as long as the transaction
happened within the past 12 months. If older than that they are placed
on the Top 100 Chart in our Domain
Sales Archive for the year in which the sale occurred).
Also on Wednesday evening, Christmas.com will go into the #18 position
on our list of the Top
20 Cash Domain Sales ever reported. Congratulations to Mark on
another landmark sale for his company. |
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While the $3.15 million sale of
Christmas.com will put that name at the top of our YTD Top Domain
Sales Chart, strong contenders for the crown are always out there. One
of the strongest emerged when GeoCentric
Media CEO Fred Mercaldo announced
the company has acquired the exclusive brokerage rights for NewYork.com.
While New York falls into the geodomain category, it is much
more than that. America's largest city is also the nation's capital of
finance, travel/tourism, entertainment, fashion and many other
fields.
Gaining
representation of that name
alone would be a |
Image
from Bigstock
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feather
in anyone's cap but what makes it all the
more remarkable is that, at GeoCentric Media, it becomes part of an unparalleled
portfolio that includes 14 major .com city/geo domains. This is
the full roster: |
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• NewYork.com
• LosAngeles.com
• SanFrancisco.com
• Seattle.com
• SanDiego.com
• Philadelphia.com
• Detroit.com |
• StLouis.com
• Indianapolis.com
• Denver.com
• Minneapolis.com
• Raleigh.com
• DistrictOfColumbia.com
• Scottsdale.com |
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You can get more details on the
portfolio and the individual domains within in it here. |
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(Posted
February 15, 2021)
*****
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