AD.NET sold for 150k on afternic

**NameTower** · 12-15-2003, 06:59 AM

http://www.afternic.com/name.php?id=557624

**Mr Webname** · 12-15-2003, 07:13 AM

Bit of a jump from $7000 to $150,000

**stuff** · 12-15-2003, 07:19 AM

Originally posted by Mr Webname
Bit of a jump from $7000 to $150,000

I think he`s asking price was $150,000

**Zoobar** · 12-15-2003, 09:36 AM

I remember when he caught that with a snapnames. Namewinner bid was over 100k.

**NameTower** · 12-15-2003, 02:42 PM

lucky guy!

**Mr Webname** · 12-15-2003, 02:44 PM

Originally posted by Zoobar
I remember when he caught that with a snapnames. Namewinner bid was over 100k.

Sigh!

**peter** · 12-15-2003, 02:49 PM

way overpriced!

**bidawinner** · 12-15-2003, 03:13 PM

Dukes going to have fun with this one this week in his weekly top sales Journal

**David G** · 12-15-2003, 03:25 PM

Originally posted by Zoobar I remember when he caught that with a snapnames. Namewinner bid was over 100k.

Really?

Was that a few yrs ago when snaps actually worked?

**stuff** · 12-15-2003, 04:09 PM

Originally posted by RealNames

Really?

Was that a few yrs ago when snaps actually worked?

It was a year ago

**ctc** · 12-15-2003, 05:07 PM

if its real congrats to both parties!

**Duke** · 12-15-2003, 05:15 PM

It hasn't actually been sold. Someone apparently entered a 150K bid at Afternic, but sometimes clowns do that with no intention of paying. In fact I notice the sale is not listed on their site anymore (and they leave all recent sales up) so they may have already discovered something fishy about it. In any case, we wouldn't report it (or any other offer) as a sale until Afternic confirms it has cleared escrow. That's why we didn't report the "$61,000" edeals.com bid as a sale at Pool. Still looks like they never got their money as they are still holding the domain.

....and don't even get me started on how many "offers' I get for domains that the so-called buyer never follows up on. I would guess only about 1 in 5 of those results in an actual sale. The bottom line being no sale has been made until the domain has actually been paid for.

**David G** · 12-15-2003, 06:30 PM

Originally posted by stuff It was a year ago

Can you imagine how bad both NW and Snaps feel due to ad.net? NW lost a gigantic profit and Snapnames made a measly $60. Not sure who made out worse, probably both about equally upset over it.

Perhaps that grab is the reason Snap seems to have degraded so much and seems like they hardly make an effort anymore to get names, normally being beat. How would you feel doing that valuable work for peanuts?

Plus, all NW needed to do was target more resouces and they may have got the name after all. Snapnames may have got it based more on luck than much else.

**Steen** · 12-16-2003, 07:12 PM

Originally posted by icehole
way overpriced!

You think 2 letter .coms are worth under $10k.

I dont think its overprices at all.
What if the largest ad agency in the US purchased it?
It most likely would be a bargain.

Resellers don't usually spend that kind of money, so there is no way you can call it overpriced..

Can you imagine how bad both NW and Sanps feels after that! NW lost a gigantic profit and NW made a measly $60. Not sure who made out worse, probably both.

Snap was the one who made the $60.

And I dont see why they faired bad.

#1. They did what they are hired to do.
#2. They have 1 very happy client.
#3. They probably gained some clients/orders from thier larger catches.

Snap has worked on some marvelous names, many times over..

**GiantDomains** · 12-16-2003, 08:06 PM

Originally posted by Steen

I dont think its overprices at all.
\

I agree. It's not just an acronym, it's a word. Ad. HOT name.

**TravelFastpitch** · 12-16-2003, 09:52 PM

AD.net is worth every penny of 150,000 and is not overpriced!

**draqon** · 12-16-2003, 11:44 PM

at 150k this domain is highly highly highly overpriced.

**mole** · 12-17-2003, 09:05 AM

Originally posted by draqon
at 150k this domain is highly highly highly overpriced.

I agree. Short names don't mean profit nor success by any correlative measure on the Internet.

Some people still believe in the tooth fairy. Short, is good.

**David G** · 12-17-2003, 10:05 AM

Originally posted by mole I agree. Short names don't mean profit nor success by any correlative measure on the Internet. Some people still believe in the tooth fairy. Short, is good.

Yes, the name is clearly way overpriced. It's a NET not a com plus has ZERO returns at Suggestion Tool, meaning little if any type-in traffic. I would peg the value at no more than 10% of the sale price.

Remember a great name like Tits.net only sold for $16,000, purchased by DomainKing, low priced mostly because it was a NET. P.S. I am not in to porn at all but only mention this since it is so incredibly valuable to a porn guy like DK

Far too much value is placed on short names, merely because they are short.

**mole** · 12-17-2003, 10:16 AM

Originally posted by Duke
The bottom line being no sale has been made until the domain has actually been paid for.

Sad but true. Someone tried to outbid me in a pool perpetual auction but it does appear he/she doesn't have the money to pay looking at the whois as of date