According to a blog post on the catholic spirit blog Catholic Online, agreed to settle a lawsuit for $200,000 and pledged the domain catholic.org which according to the story “””is estimated to be worth considerably more than $200,000, as collateral to ensure restitution is made.”””
It appears that the District Attorney for Kern County (Bakersfield, Calif) must have agreed that the domain’s value covered the $200K owed in restitution and fees for the deal to have been accepted.
At $200K, it would set the world record for a .org sale (yes I know its not a sale but serving as collateral).
As my grandmother would say from your mouth to gods ears, we hope everyone in the non-domain world believes this .org is worth “considerably more than $200K”
Dudh!!!Lawyers always always always exaggerate numbers and words.
Thta sounds like the guy I emailed a few days ago. He owns tea.org. I offered him $300 dollars. He wrote back he wants 2000 times that amount. So, if someone believes tea.org is worth 600,000, I can believe someone out there thinks catholic.org is worth 200,000.
What is the highest .org sale?
looks like engineering.org
We sold Sexe.org for $151K last year, which was the record at that time.
although namebio says engineering.org sold for 198,000 back in 2003. It was a private sale.
Tea.org is worth way more than $300, maybe not 2000 times but still WAY more.
Tea.org is worth a lot more than $300
Coffee.org sold for 100k last year if I’m not mistaken.
I know tea.org is worth a lot more than $300. I was putting Rick Latona’s rules of negotiation into a effect.
Chris
I think Rick advised that you offer $50 at first, so your problem is you started off too high.
Chris
You might be right but according to Ron Jackson’s DN Journal:
“”””The biggest .org domain sale ever reported to us has just been completed by Michael Berkens of MostWantedDomains.com.
The buyer paid $151,400 to get Sexe.org (“sex” in
French) from Berkens. The previous .org high water mark was the $150,349 paid for Date.org in December 2006. Only three other reported .org sales have reached the six-figure mark; Loan.org at $105,500, University.org at $100,000 and Coffee.org, also at $100,000. Berkens, an attorney who is one of the pioneer domainers, has a blog at TheDomains.com where readers are currently discussing this landmark sale.
http://dnjournal.com/archive/lowdown/2008/dailyposts/06-17-08.htm
That’s fair enough. I never felt good about using private sales as public markers.
Mike, I forgot about that one.
Even though, they are not the same, it brought a smile to my face since I own Sexs . org .
200k is a bit steep, but perhaps if we look at the website that comes along with catholic.org and the traffic and value that the website has added to the domain maybe it could start to get up there.
If someone would offer me $300 for domain like tea.org I would blacklist his email at the same minute
There is no doubt Rick Latona is a very good businessman but I sometimes am baffled by his blog posts.
For a guy who is heavily involved in buying and selling domains, does he not expect his “knock ’em off their high horse” advice will come back to haunt him? I guess he doesn’t expect any of his readers will attempt to knock HIM off HIS high horse.
What comes around usually goes around…
I have a couple of .ORG domains:
SLCUtah.org
AfricanSingles.org
I own around 1,700 domains and have decided to trim down my list a little.
Where can I go to get a value on the 2 .ORG domains I own.
Also, where would a good place to go to sell them?
Thanks
J.R.
I’ve got WorldHistory.org, AmericahHistory.org, MilitaryHistory.org, and ReligiousHistory.org. I’ve even got blogs w/ lots of traffic running on the first 3 (They actually get lots of type-in too). I’d be happy to sell the whole lot of them for $200k. Any takers?
oops, typo, its AmericanHistory.org
A quick lesson in domain values:
A .org domain name is second in extension value under .com domains.
No other extension will compete with a .org domain name in the next 2 years other than .com.
Catholic.org worth $200k? It’s worth more. There’s very simple reasons for this, and a lot of domainer’s overlook these reasons, except for my clients 😉 . I shouldn’t be posting this, because I will gladly pick up one word .org domains from anyone for on the cheap.
If you have a one word .org domains, and will accept $200 for each, send me your list and I’ll consider them.