Connecticut.com and Redmond.com for Sale | DomainInvesting.com
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Connecticut.com and Redmond.com for Sale

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HuntingMoon.comDomain brokerage, Hunting Moon, just announced that it is the exclusive broker for two stellar geodomain names: Connecticut.com and Redmond.com. As far as I can tell, this is the first time these two private domain names have been on the market for sale.

Although the state of Connecticut is small, the real estate values in many areas of the state are quite high. Connecticut is home to two casinos, Foxwoods and Mohegan Sun, and there are quite a large number of hedge funds that call the state home (as well as hedge fund managers). The asking price on Connecticut.com is $650,000.

Redmond is a city of just over 50,000 residents in the state of Washington. The city may be best known for its largest corporate inhabitant, Microsoft. The state has a fairly high household income level, and it is a growing city. The asking price on Redmond.com is $150,000.

For more information about these two geodomain names, please contact Hunting Moon CEO Evan Horowitz via email: info@huntingmoon.com or on the phone: 415-750-2570.

Just recently, Telepathy hired Sedo to broker the sale of Massachusetts.com, and I believe that domain name is still currently on the market.

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About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (19)

    John

    I have a feeling Redmond.com might sell quickly…

    March 12th, 2011 at 1:24 pm

    Joe

    I was about to leave the same post as John’s.

    March 12th, 2011 at 2:18 pm

    BullS

    I can tell you this Redmond.com for $150K will be bought up fast from someone at Google or Facebook or anybody at Amazon…150K is nothing to them.

    This is a good way to attract competitors.

    March 12th, 2011 at 2:41 pm

    Scott

    I’m not so sure…at $150k that is going to be difficult to monetize and get a good ROI given that the city is mostly made up of sprawled residential neighborhoods. Maybe good for focusing on the real estate business.

    That said, based on what I’ve seen people over-paying lately for horrible domains (this is obviously a good geo) it likely will be acquired for close to that price.

    March 12th, 2011 at 3:02 pm

    Michael Carter

    per google’s keyword tool “redmond” returns 4400 local monthly searches – 34x (price/search) – i understand that there are other variables but $150k seems high to me – secaucus has a higher search # but sold for a 1/10.

    March 12th, 2011 at 3:09 pm

      Elliot Silver

      @ Michael

      “secaucus has a higher search # but sold for a 1/10.”

      IMO, Redmond is a much more desirable place to live, and many of the Secaucus searches are likely for the train and bus stations, which are regional transportation hubs. I can’t remember the price at which I sold Secaucus.com, but I bought it at auction for $11k.

      I don’t know if $150k is a deal for Redmond.com but it’s certainly a much better domain name.

      March 12th, 2011 at 3:17 pm

    BullS

    @scott

    Everybody in the world knows where Redmond is and average home sells for $650K and the lake front homes sell for $3million.

    March 12th, 2011 at 3:10 pm

    Scott

    @BullS

    Yes, that is why I said the name would be best for focusing on real estate. But Redmond.com is more of a directory type geo name.

    Now Bellevue.com selling for $150k a few years back is a MUCH better deal than Redmond.com

    March 12th, 2011 at 3:21 pm

    BullS

    Am not surprise Rob at Epik will “steal” that domain.

    If I win the lottery tonite, I’ll buy it!!! and plaster it over my truck.

    March 12th, 2011 at 3:25 pm

    Steve M

    Everything considered; Connecticut is priced reasonably, while Redmond is 2x what it’s actually worth.

    March 12th, 2011 at 5:31 pm

    Josh

    While I am sure both will move, as your average domainer both are quite high, than again its only an asking price.

    March 12th, 2011 at 5:32 pm

    JC

    If only Connecticut was CO – I’m sure then, Connecticut.CO would be worth $500,000. They were so unlucky to get a crappy shortname .CT which is only ever going to be a second rate TLD.

    Perhaps the state should lobby to be able to change it to CO

    March 13th, 2011 at 1:29 am

    Rob Monster - Epik

    Valuation-wise, Bellevue.com is a great comparable.

    Incidentally, the center of operating gravity for Microsoft has shifted from Redmond to Bellevue. For anyone who has not been to Bellevue in a while, it has become a full-on metropolis. Quite livable too.

    March 13th, 2011 at 11:35 am

    Scott

    @ Rob

    Bellevue is a horrible comp.

    Like you stated, Bellevue has become a full-on metropolis with a dense skyscraper skyline. Redmond has just a small little city strip.

    Bellevue has some of the most expensive real estate in the nation on the eastern shores of Lk WA and western Lk Sammamish, where Redmond just has a tiny sliver on Lk Sammamish.

    Bellevue has a huge list of small/large companies and hotels to market to compared to Redmond.

    March 13th, 2011 at 4:17 pm

    BullS

    With so many executives leaving Microsoft, one per week, Redmond will be just like White Center.

    The next good bet will be Everett where Boeing just won the 1 trillion $$ tanker deal.

    March 13th, 2011 at 4:33 pm

    Rob Monster - Epik

    @ Scott / @Bulls

    I say Bellevue.com is a comp. You would still have to adjust downwards for population and trend.

    As for Redmond becoming ghetto, I would say not likely. It is a very desirable bedroom community on the Seattle Eastside.

    As for Microsoft, I would not write them off anytime soon. There are a lot of smart guys working mighty hard over there.

    March 14th, 2011 at 12:29 am

    BullS

    @Rob

    Smart guys don’t work for Microsoft or anyone else….

    Microsoft is run by H1B visa holders.

    March 14th, 2011 at 12:34 am

    domains

    Would be very shocked these names sell for there asking prices. If they were to sell at asking prices and verification of sales I would say wow congratulations and pay a broker a bonus with commission cut.

    In 07 when the geo market in price had peaked I would say yes a possibility.

    Hard to spell on Connecticut. 1 major weakness. Nice name but too rich.

    Redmond imo is nice but middle tear domain name.

    Throw in economic worries, gas and more worries you this will be a tough sell. Major cali geo went Cheapter 11.

    Good names, solid but Rio.com sold cheaply, and previous geo stuff sold lightly as well. I would pick Cambridge.com over redmond any day of the week imo.

    Now Freds platform and team even with the revenue cut would do well imo. Role with people who know how to run geo domains.

    Just my 2 cents.

    March 14th, 2011 at 8:25 am

    Bellevue.com

    Thanks for the mention. Redmond is not really comparable to Bellevue

    March 17th, 2011 at 2:42 am

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