Brand name is a backbone of any business , a good brand name is worth a gold. Meanwhile Website flipping is nothing new and everyone knows individuals create web site and promote them to earn cash and you may be shocked to know that people additionally generate income by domain flipping. Like Web site flipping, domain flipping is totally different. On this case, you purchase unique domains like (insurance.com, internet.com, 360.com) and promote them at extremely worth utilizing providers like Sedo.com
Domain selling business isn’t as old as origin of internet sites.
Most of the business persons, who’re into this business, buy domains in anticipation that in future they are going to get good worth for his or her funding. They keep a web site with these domains and await the chance which they will seize with both hands. Although there is no such thing as a surety of anticipated revenue, however, then we put money into shares and different commodities where return is just not positive too. A minimum of right here for those who didn’t get your good deal, you should use domain name for your personal web site. I’m making a listing of 10 most costly domains ever sold
1. Lasvegas.com — sold for: $90,000,000
Date sold: 2005
Yes ! Las Vegas tops the list of the expensive Domain names ever sold. Domain investor extraordinaire, George Kirikos, has dug up the monetary reviews of the Vegas.com owners.
According to Kirikos, Vegas.com paid $12 million dollars in cash in 2005, to amass the domain LasVegas.com.
However that’s simply the tip of the iceberg.
George Kirikos Discovers 2005 Deal to Purchase LasVegas.com Could Net Seller $90 Million Over Time.The evaluation of the monetary statements reveals that LasVegas.com was bought for an astounding $90 million dollars in total payments.
2. CarInsurance.com — sold for: $49,700,000
Date sold: 2010
The domain that is second on the list is Carinsurance.com . QuinStreet buys CarInsurance.com in 2010 for $49.7 million !
CarInsurance.com was previously owned by an insurance coverage agency. The agency will be stripped out, Quinstreet solely cares about utilizing the site for lead generation.
QuinStreet Inc. is without doubt one of the largest Internet marketing services firms in the world.
3. Insurance.com — sold for: $35,600,000
Date sold : 2010
QuinStreet purchased Insurance.com in july 2010 for $35.6 million !
Though the value included content, there are reasons to consider that the domain name was the primary asset.
The whole amount paid by Quinstreet are more than $100 Million for insurance domains
4. VacationRentals.com — sold for: $35,000,000
Date sold: 2007
HomeAway buys VacationRentals.com in 2007 for $35 million ! This deal took place in 2007 and the transaction was for $35 million. This is the 4th highest ever deal made to buy any domain. Mind Sharples, the founding father of HomeAway, is new proprietor of this domain and admitted that he bought it, as he didn’t need his competitor Expedia to acquire it.
5. PrivateJet.com — sold for: $31,180,000
Date sold: Feb 2012
Nations Luxury Transportation, LLC (Nations) bought PrivateJet.com in February 2012 for $31.18 million !
PrivatJet.com was bought for $30,18 million to Nations Luxury Transportation, LLC (Nations) from Don’t Look Media Group, an leading intellectual property holding company, for $30.18 million in cash and stocks.