Hear.com in Escrow at Sedo
I learned that Hear.com has been sold via Sedo. The domain name registrant is currently listed as Sedo, and the registrant email address is the one the company uses for its domain brokerage escrow service. The price for the domain name is not going to be shared due to a non-disclosure agreement.
The seller of the domain name is a domain investment and development company called Finlead AG. I am told that Finlead acquired the domain name in 2011. Since the domain name is still in escrow, I am unsure of who the buyer is.
Hear.com was listed for sale in March in the Brannan’s domain brokerage newsletter with a price of $500,000. It had previously been listed for sale for $70,000 in Toby Clements’ newsletter back in 2011. I checked Namebio, and I could not find any archived sales, so I am not sure if the domain name sold publicly.
Commenting on the pending sale, Finlead CEO Daniel Bruderer told me, “When I saw hear.com was for up sale in 2011 the decision to buy it didn’t take too long. It’s a great name and a true gem. We had a couple of interesting offers over the past years and now we finally found an end user that was willing to pay our desired price. Congrats to the buyer. I am sure this domain will never return to the market.”
Once the new owner of the domain name is revealed, I will update the article (if it becomes public).
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