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SoldNames.com Launched by Estibot

Estibot launched SoldNames.com, a new platform that tracks and reports domain name sales and live auctions. SoldNames.com is free to use, and visitors do not need to create an account or log in to access its data and track live domain name auctions. The platform reportedly has hundreds of thousands of domain name sales at the $250 price point and above.

Estibot shared the launch news on its blog, along with more information about SoldNames.com and the tools available on the platform. I also understand there is an API available for people who want to use it for larger searches or to integrate its results within other platforms.

Fractionalizing a Domain Name is an “Encumbrance”

A couple of years ago, the valuable MJ.com domain name was offered up in fractionalized shares on the Rally platform. People could buy shares of the domain name at a $950,000 market cap via Rally in the hopes the domain name would one day be sold profitably.

Apparently, that day has come. According to Andrew Rosener, who helped bring domain names to the Rally platform, people who invested in MJ.com at the start made a little more than 40% return on their investment. I understand that Andrew agreed to sell MJ.com for the $1.4 million price because over 70% of investors (not including Andrew) voted to sell.

Every Sales Negotiation is Different

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Someone asked me for advice about negotiating the sale of a domain name he owns. I shared a few thoughts based on what I could quickly see, but one thing I think is important to remember is that every negotiation is different.

Buyers come from all over the world. They have different personalities, different business customs, and unique communication styles and tones. Some people are friendly and conversational, while others are short and to the point. Some are founders who are personally invested in the name, while others work for or on behalf of the other party and don’t have a personal stake in the outcome.

Paul Nicks Launches Ads for Legends Business

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A couple of years ago, I wanted to find a vintage image of Nantucket I could frame and give as a gift. I ended up choosing a Sports Illustrated from the 1950s that featured Sankaty Head golf course on Nantucket. I spent a considerable amount of time and a fair amount of money hunting down an original copy in good condition so I could frame the cover and give it as a Christmas gift.

A new business was just launched that could have been helpful to me in my hunt for the perfect gift for our friends.

Great Domain Names Can be Generational Assets

Someone recently commented to me that the price of a domain name I own is so high that I will probably die with it and my kids will inherit it. The comment made me laugh – and that person made be right. His comment made me think about great .com domain names as generational assets.

Families have passed down valuable assets from one generation to the next forever. Real estate, artwork, jewelry, collectibles, metals, businesses, and many other asset classes can appreciate considerably over time. I think exceptional domain names, one-word .coms for example, can be considered in the same class of assets that can drive wealth for the next generation.

DropCatch: Backorder Time Changing

I do all of my domain name auction research in the morning while I drink coffee. I spend time analyzing the drop lists and researching the domain names that catch my attention. Typically, all of my backorders and opening bids are placed well before lunch.

It looks like I am going to have to make changes to my schedule as it pertains to backorders on DropCatch.com. According to a message above the logo on the dropcatching platform, the backorder deadline is changing.

“Backorder cutoff changing October 1: The .com/.net cutoff moves earlier to 11:30 UTC (5:30 AM your local time). Place your backorders before the new cutoff. Full details coming soon.”