It’s always beneficial to have a lot of eyes looking at sales reports. Sometimes there is an unbelievable buy you may have missed, or there might be something that seems odd and might not have really sold.
There was a comment left a couple days ago about a name listed for sale on a previous Sedo weekly sales report.
Commenter Mary said:
no-one is questioning this absurdity? react-deposit.com sold for $12500? it is a phrase that means nothing, according to google search, and it was just registered last week at godaddy . also it is still listed for sale on sedo for $485. the not hyphenated version is listed also for $485.
I emailed Carolyn at Sedo and she got back to me that the sale did not happen it was part of a system error.
The post has been updated, thanks Mary.
not only that but on sales aggregator and reporting sites that automate reporting. for instance, HFH.com sale at $163k never took place.
Sadly, this means sales history sites are promoting inaccurate sales data if they are using automated techniques to gather the data from the reporting sources, or if they are not researching every sales report prior to publishing them. The reality is that most these fake sales reports are a manipulation tactic to get listed at sales history sites because they know some people will reference that data as a value variable.
All it takes is a few bad apples to ruin it for the whole batch. Automated Sales History data has just lost most of its credibility. This should definitely be taken into account for anyone using such data to put a value on a domain themselves. Time to restructure your appraisal map. 😉
I remember all the hype around Wine.Club selling for around six figures at the Names Con Auction.
I never believed it then and I do not believe it now.
I go back to Ronald Reagans’ words of”
“Trust, but verify.”
Innocent mistakes also happen but they are probably extremely rare. I have annoyed a few blogsters a couple of times about this! In the latest Sedo sales report here on TheDomains, the domain noovle was reported as selling for 16K.
However, DNjournal has just reported the domain noovie as selling for that price. Noovle redirects to the same name with the Italian code, while Noovie redirects to WhatsNoovie. So most likely it was actually Noovie that sold.
I had been perplexed as to why Noovle had sold for so much.
This seems “fishy”, so I’m leaving a comment:-)
Thanks Dave
Noovie.com was sold by Tucows/YummyNames on our around March 17th of this year for an undisclosed amount. Sedo reported Noovle.com with an L and I believe the mistake was on Ron’s part. A big source of end user sales are ccTLDs upgrading to the .com so I don’t think it forwarding to Noovle.it is any indication that it wasn’t sold or couldn’t have fetched five-figures.