Sedo to Sell TeaParty.com Domain Name

Sedo Gets Exclusive Listing on TeaParty.com Domain Name

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Just about a month ago, Bloomberg BusinessWeek posted an article about TeaParty.com and how the domain name could generate quite a bit of money for its rock band owners. The gist of the article was that “interest in teaparty.com is intense now but could plummet if the domain’s owners hang on too long.

With the next presidential election fast approaching, it seems that the owners are under the same impression. According to a news release this morning, TeaParty.com is now listed for sale exclusively at Sedo. Based on the TeaParty.com sales page at Sedo, it appears that Dave Evanson is the broker for this domain name.

The BusinessWeek article created even more interest in the domain name, and the owners thought it would be a good time to try and sell it. “We were floored by the worldwide press and interest in our domain name teaparty.com that soon followed the initial story in Businessweek.  After being overwhelmed by the multiple offers that were arriving daily, we thought it was prudent to seek out the best brokerage to help represent the band, and Sedo was the clear choice,” said Stuart Chatwood, bass player of The Tea Party.

In my opinion, the timing would seem right for a big deal to happen. Hundreds of millions of dollars will be spent on campaigns to elect the next president, and owning a domain name like this can be helpful. As I said in a previous post about the value of TeaParty.com, “the band could move to something like TeaPartyBand.com or TeaPartyMusic.com or something they could hand register.”

Congrats to Sedo on getting this exclusive listing, and I wish them the best in selling it.

 

Press Release:

CAMBRIDGE, Mass., October 15, 2011 – Sedo, the leading online domain marketplace and monetization provider, today announced that TeaParty.comwill be listed exclusively for sale at Sedo. Highly relevant, timely and easy to remember, this exclusive domain name offers an unprecedented branding and investment opportunity to capitalize on the approaching election season.

Currently owned by Canadian rock band The Tea Party, the site was developed in the ‘90s to educate fans about upcoming tour dates and other details for fans about the band. Over two decades years later, as the United States heads into the 2012 elections, the domain has gained significant relevance, and has already generated substantial interest from a wide range of political groups. The band has also received considerable international interest and garnered press coverage from the likes of Businessweek, Time and The Guardian on pure speculation that they were thinking of entertaining offers for the domain name.

“We were floored by the worldwide press and interest in our domain name teaparty.com that soon followed the initial story in Businessweek. After being overwhelmed by the multiple offers that were arriving daily, we thought it was prudent to seek out the best brokerage to help represent the band, and Sedo was the clear choice,” said Stuart Chatwood, bass player of The Tea Party.

“It’s very rare when a domain name of this value and significance becomes available – especially one that is so timely and relevant,” said Kathy Nielsen, director of sales at Sedo. “With the election season right around the corner, TeaParty.com provides the right investor with very significant marketing and revenue opportunities very few domain names can offer today. We are very pleased to be chosen as the exclusive brokerage firm to represent this domain sale.”

Parties interested in buying TeaParty.com domain should contact Sedo at consult@sedo.com.

About Sedo
Sedo, an acronym for “Search Engine for Domain Offers,” is the leading domain marketplace and monetization provider. Headquartered in Cologne, Germany and with offices in London, England and Cambridge, Mass., Sedo has assembled the world’s largest database of domain names for sale, with more than 18 million listings. The success of Sedo’s model has attracted a global membership base of more than 1 million domain professionals and end-users. For more information, visit www.Sedo.com.


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 (12)

    up.biz

    Impressive domain name teaparty.com, the domain name could sell in no time with sedo exclusive listings, but lets see how many days it really takes to reach to a new owner.

    October 15th, 2011 at 8:18 am

    Scotty

    What’s the asking price? Do you think it will sell?

    October 15th, 2011 at 10:46 am

      Elliot Silver

      @ Scotty

      Not sure the price, and whether or not it will sell depends on the price. If they are motivated to cash out and then use a different domain name, it will likely sell.

      October 15th, 2011 at 10:48 am

    wilner

    Sound move by the band in terms of timing. It forces the political party’s hand to acquire this ‘must have’ domain name!

    Even as a defensive registration, imagine an opposition party snapping it up or a porn site lol!

    October 15th, 2011 at 12:06 pm

    Raj

    Interesting domain name! I too wish that I could accidentally register a domain name for $10 and manage to generate a lot of buzz around it ;) How much do you think its worth?

    October 15th, 2011 at 4:48 pm

    Wilner

    @ RAj

    What do you mean accidentally register a domain name for $10!?!?

    That’s the name of their band, it wasn’t a slip of the keyboard and accidentally entered ‘teaparty.com’

    It’s called foresight and vision and unless you have it in life then everything appears as an accident and luck!

    Perhaps you’re tripping over the semantics but it was no accident on their part.

    October 15th, 2011 at 6:19 pm

    Bob

    Might be a hard sell. TeaParty.org is in use by some group seemingly associated with the Tea Party. Then there is always ones starting with “The”. And while trying to sell my ReclaimingAmerica.com, net, org to TeaBaggers I have found that they think all domains should cost $10. :(

    October 16th, 2011 at 12:28 pm

    Bob

    I take that back, might be an easy sell to the DEMOCRATS – think what they could do with it!

    October 16th, 2011 at 12:32 pm

    jayjay

    @ RAj
    @ Wilner
    re: Teaparty.com reg,

    Serendipity at it’s finest.

    October 16th, 2011 at 12:56 pm

    wilner

    @jayjay

    ??? x_X

    October 17th, 2011 at 1:59 am

    Raj

    @Wilner: I didn’t intend to use the word ‘too’ in that sentence, but it somehow got inside!

    @jay jay: I learned a new word today – Serendipity and I like it :)

    October 17th, 2011 at 11:14 am

    Jody

    TeaParty.com is definitely an awesome domain. Political domains should sell very well over the next several months. I had the foresight to buy 2012election.com nine years ago. We threw up a blog and it ranks high on Google. “2012 election” already gets searched 8100 times per month (exact match) and that number will skyrocket over the next 12 months. Obviously the domain will have no real value after the election, but I have to believe it is worth a lot of money to the right candidate or political organization. What are your thoughts on this domain Elliot?

    October 17th, 2011 at 5:05 pm

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