Guest Post: No Summer Slowdown in .TV! Legacy Fund closes NF.tv for $20,000!
This is a guest post by Ammar Rangwala who has been invested in .TV since December 2005. Ammar owns 250+ top .TV generic properties between both of his companies. He believes the .TV space provides the best rate of return from an investment standpoint. Started on the Internet in the late 90′s using PC Board (PCB), Wildcat and other forms of bulletin board systems. Worked in banking, real estate, distressed debt and finance for 10+ years. ”
(note: Ammar is a client of MostWantedDomains.com and is a broker or co-broker for all of this .Tv domains)
The following is the guest post:
After close to two months of negotiating with the buyer who is from Russia, Legacy Fund closes NF.tv for $20,000.”
Although we did not ultimately use Sedo Escrow, we want to thank Negar and Alex at Sedo for their tireless effort and commitment to try to make the deal work and MostWantedDomains.com that made the referral that started the transaction off.
Russian buyers have complicated laws in their country and apparently a tax they have to worry about when they do domain transactions.
It took careful explanation of the process to make sure the buyer was comfortable.
Legacy Fund believes the release of the new extensions will only cause further confusion and ultimately strengthen the .TV extension.
The offers for their properties have come in a lot more frequently and buyers are associating .TV with television, not the island of Tuvalu. “End users do not ask about traffic, Google rankings or parking revenue. It does not matter to them.”
In addition, .TV has become the most preferred choice after .COM, which may be too expensive for them to start their own venture from an initial capital outlay.
From an ROI perspective, Legacy Fund invested $102 owing the domain NF.tv for 3 years and sold the domain for $20,000.
A phenomenal ROI.
Other Legacy Fund Sales Include:
Jeu.tv – $50,000.
SS.tv – $30,000
OO.tv – $18,000
Femme.tv – $7,000