Last week, domain investor Mike Mann announced that he sold two domains, each for around $20k, and both purchased for under $10. The two domains that Mike sold were – InfraBuild.com which went for $18,000 and AnchorTrading.com which went for $19,888.
Theo, publisher of the popular domain name blog DomainGang wrote an article about the sales and shared it on Twitter. Andrew Rosner from Media Options quickly jumped on Twitter to share his thoughts on the sales:
And this started a debate between Theo and Andrew, here it is if you want to play catch up.
I actually agree with both Theo and Andrew in different ways in this debate. When it comes to Theo’s point – I do agree, this shows the power of two-word .COMs and the resale potential some two-word .COMs have if you wait for the right buyer to come around.
At the same time, I agree with Andrew that these sales are very special and probably only happens with any level of frequency if you have a huge portfolio like Mike does. If you go out and buy 100 two-word .COMs (or even 1,000) incredibly similar to the ones Mike sold, you could wait ten years and sell none for even $1,000.
This is always the challenge with sharing sales data, in a vacuum it can make buying and selling domains looks easy, when in reality there are a lot of other factors to look at.
Well that’s my two cents at least. Now I’d like to hear from you, what do you think think? Comment and let your voice be heard!