Friday, August 12, 2005

Website.com, property.com Sell for $750,000 Apiece

Via Netcraft.

The market for resold domains continued to trend higher with a series of spectacular deals this month. Meanwhile, prices for first-time domain registrations can't get much lower, with pricing unchanged at all major providers this month.

The sales of website.com and property.com for $750,000 apiece set the pace in the resale market. The mid-July sale of website.com was the highest sale price this year, according to auctioneer Sedo.com, topping the $700,000 sale of Local.com in March. The buyer, Hub Services Ltd., operates DotEasy, a free hosting service in British Columbia. That price was matched early this month when New Jersey commercial real estate professional Ted Kraus sold property.com for $750,000 in a private sale, with industry veteran Rick Schwartz reported to be the buyer.

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