Social.org Sells for $228,600 on NameJet

The auction for Social.org closed at a price of $228,600 on NameJet this afternoon. Bidding during the final minutes of the auction extended it more than three hours past its scheduled ending time. The winning bidder was “qgpfexzorg,” and there were five active bidders above the $50,000 mark (three above $200,000).

Late last year, Social.com  was sold  for $2,600,000 in a deal co-brokered by Moniker and Marksmen.  Fusible reported  that SalesForce.com acquired Social.com, although I don’t believe the company has publicly confirmed the acquisition.

Last week, I ran a contest on my blog to see who could guess the sale price of the domain name, and the person who guessed the closest would receive a $200 NameJet bidding credit from me. There were guesses that ranged from a low of $8,500 to a high of $1.2 million.

The person who guessed the closest number to the actual sale was Bruce Tedeschi, who guessed a sale price of $230,000, off by $1,400. Congratulations on making the best guess. I will be in touch with you soon to ensure that the bidding credit is delivered to the proper account.

Congratulations to the seller and to NameJet on this successful domain sale. It will be interesting to see who bought the domain name. I am a frequent NameJet bidder, and I did not recognize the winning bidder’s user name, so perhaps it was created specifically for this auction.

Elliot Silver
Elliot Silver
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 closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

17 COMMENTS

  1. I remembered COPY.COM was sold at Namejet for around 100K – Didn’t expect Social.org sold for 228K.

    @Carlton F : I believe if buyer don’t make payment in the next 3 days (not sure 3 days because 228K is a lot of money and need to do wire transfer), then the domain will available in the public auction.

    @Adi – Thanks for liking my site BulkSeoTools.com

  2. To those who think the guy who bought this is a sucker:

    Have you thought if “Facebook” was built on a name such as this what that would have been like?

    It would have been Treeeeeeeeeeeemendouuuuuuuuuuuuuuuuuuuuus!!

  3. Social.com and social.org sales are real proof of the growing peak and interest in social web commerce. The trend is likely to continue through the next decade. This gives me hope for sociobutton.com : sell it for 5% of social.org price or start a social web magazine inside.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Negotiating Too Hard on a Domain Name Sale

0
We've all been there before. Your asking price out of the gate is much higher than a buyer is willing to spend. Maybe you're...

Bid to Be Lead Sponsor of our PMC Jersey

0
John Berryhill and I are riding in this year's Pan-Mass Challenge to raise funds and awareness for Dana-Farber Cancer Institute. Each year we ride,...

Domain Finance Calculator Offered by Catchy.com

0
Francois Carrillo is best known for his Domaining.com industry news aggregator. He also owns Catchy.com, a platform for selling domain names. Francois emailed me to...

GoDaddy Verification an Unnecessary Speed Bump

1
I won a domain name at GoDaddy Auctions on April 18, and it was delivered to my GoDaddy account this morning at around 4am....

Ask Platforms to Reconnect on Failed Deals

1
I've had many agreed upon deals die at the finish line. The buyer agreed to purchase a domain name - sometimes after a lengthy...