Baseball.net struck out, after selling for $52,500 at the T.R.A.F.F.I.C. auction in 2008, the domain sold on Flippa for $15,100.
Over at Namepros Kate said, This is what happens when domainers buy at end user price, hoping to flip for a profit ?
That price felt like an end user price back in 2008 and hopes for a flip were very ambitious if that was the intent. As Snoopy pointed out in the comments domain investors were paying these prices and emd changes and new gtlds disrupted the pricing model. When looking at Namebio it doesn’t look like any similar .net names purchased in that era were flipped for bigger prices.
.Net has been on the decline for awhile with only 2 of the top 20 all time .net sales taking place in the last 3 years.
That’s going to leave a mark.
That wasn’t an enduser price back then, very good quality .net like that got this type of price to domainers.
What has happened is the market for non .com gtld’s has collapsed, .net, .org, .info, .mobi and all the new tlds.
Well it was an end user price, the domainer purchasing it just didn’t realize that.
Nonsense, the enduser price would have been well into 6 figures back then. It easy to say the buyer made an obvious mistake in hindsight, but that was the market at the time. In the proceeding years we had Google EMD updates which made this type of names far less viable to build a site on, and the ntld rollout created unlimited supply of 3rd rate names. This isn’t third rate, but it still in the “alternate” market.
There’s a sucker born every minute.
Was it big money in 08 for it, hindsight is 20/20 but it was right on that line, I would have imagined some upside existed but considering the financial crisis am not shocked it never moved up.
Sometimes its all about timing.
.Net is on decline for sure. I sold CreditCredit.net for $138,000 in 2011, and there were not much higher sales since then.
I think $15,000 USD for baseball.net is a steal of a price. Easily worth double! I commented about it on a video I made here: https://youtu.be/3I1KHbuhgH0
Well, I am the domainer who purchased it with a partner at Flippa. Our intention is not to flip it but rather develop it. I was actually very pleased with the price we got it at.
Good luck Bruce.
Super price!!!
It often gets totally lost that not every domain is bought to flip and that is when the pricing (while ALWAYS “a” issue not long is “THE” issue but a strategic consideration for a potential buyer…We are still novices in this space and learn something new every day. Thanks for all the participation and contributions.