Ron Sheridan, formerly with Oversee.net, announced today that he has completed the purchase of the domain name RSS.com for $137,500, including commission, from Sedo.com.
The asking price of the domain, RSS.com which I believe was as high as $750K, was dropped to $250K on July 10, 2009 and then to $125K on September 14, 2009.
Ron Sheridan says that he, along with Phil McKegney, plan on developing the domain, and while they are “not prepared to reveal the precise nature of what we will soon be launching, it will but safe to say it will have a heck of a lot to do with RSS feeds.”
“In the end RSS.com will be what I refer to as a logical build out for a high value premium generic domain. Our hope is that the property/brand will dominate it’s respective category.”” said Mr. Sheridan.
I think this was a great acquisition for Ron and wish him the best of luck with it. It certainly is a category killer domain priced well at just inside the six figures.
This is another very good domain that has sold recently in the $100k-$500K range and we are now running a poll on the right hand side of the blog, asking you what the best purchase has been, so please cast your vote.
As a side note, as someone who gets e-mails from Sedo.com about domains it is brokering on a pretty regular basis, I always assumed the “asking price” was the gross price, out of which the seller would pay the commission, however appearently that is not always the case, so be forewarned.
Very Very Mice Domain Name…i think it is a great price for a category killer like that.
Congrats to Ron !
Another steal.
It was on our radar as well…
beat me to it!
Congrats Ron.
Great purchase.
Very excited for you!
Eager to see what you roll out
Ron scored.
Best of Luck, great price IMO
AreaRugs.com and Jets.com could be to their respective end users what Flowers.com was to 1-1-800Flowers. That’s priceless.
I really like Ron Sheridan so I wish him a huge success with RSS.
Ditto Domain Investor
Gee, Ron Sheridan making another great business decision? Not at all surprised. Good luck Ron and let me know if I can help.
Logical buyer of this name imo was feedburnier (google) , I don’t know did they see the name was for sale.
As I remember when it was on sedo, rss.com have nice (type-in) traffic, they could use it for example as redirection to http://feedburner.google.com/ or something like that.
Congrats Ron.
Go Ron! Another example of a brilliant domainer from the Pac Norwest. Not every domainer is from Florida!
That is a great domain. Not sure it is a “Steal” at $137K. I would say the seller got a very good price. Whether it is worth the investment is up to the development behind it. Knowing Ron, I am sure he will make it worthwhile. Wishing him good luck and looking forward to the business roll out.
ron,
congrats on your purchase
larry
Tony
Just for you I added arearugs.com
So you can go ahead and vote.
Nice catch…now RSS to me
Congrats on closing your deal Mr. Sheridan, can’t wait to see what you and Phil do with it.
And I have LoginRSS.com.
Some offerts? Aron?
Nice catch; go get ’em, Ron.
Congratz Ron and Phil and best wishes on the build out.
Thx everyone for the kind words and Positive thoughts!! I love this business / community.
RSS.com will be launching soon…weeks not months.
I think it was a great price because rss.com is a potential early-retire for several people.
I wonder if NiceRss.com is taken? TightRss? CuteRSS?
They are now.
CC
Caroline,
re: “I wonder if NiceRss.com is taken? TightRss? CuteRSS?”
A: girlfriend, tell me you reg’d those names ..
Personally I’m looking forward to the day when a woman tells me I have a “nice rss”.
Ron,
I have seen your rss many times.
(with your pants on)
Sorry to tell you butt the day of women complimenting “our” rss is behind us.
well we missed the launch date by just a few months
with any luck we will start sending our Private Beta invites by mid June
this stuff is hard