Bankruptcy.Net Sells For $56K Putting SnapNames October Showcase Over $100K

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Last week we reported on the Snapnames Monthly Showcase for October.

At the time we noted that one of the domains, Bankruptcy.net failed to sell although it had a bid of $50K.

Today, according to SnapNames.com the domain Bankruptcy.net sold for $56,250.

Nice sale.

Snapnames.com also reports, that another domain in that online auction, valuations.com, sold for $7K.

So the total for the October Monthly Showcase auction is $107,399.

Submission for the November Showcase featuring “generic/keyword” domain, are being accepted until October 27.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. Chef Patrick says

    That is a great sale. With the state of our economy bankruptcies are very popular. I’m a bit surprised it went at this price. I believe it could have easily been a $90-$120k sale.

  2. MHB says

    Chef

    I agree

    I think the Seller should have waited for the live TRAFFIC auction to sell it off.

    Having said that the auction was well publicized, I personally selected it as my top pick for the Showcase Auction and there was only one bidder.

  4. Domain Investor says

    “It was a non domainer/End user purchase.”

    That makes the low price even worse.

    I wonder how much iReit paid for it a couple years ago?

  5. John Mauriello says

    You should have bid on it. It was there for the taking. End users are typically beating domainers to the punch on all the bigger names selling in the snapnames showcase auctions.