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TheDomains.com

Industry Veteran Ron Sheridan Buys RSS.com From Sedo For $137,500

October 1, 2009 by Michael Berkens

Ron Sheridan, formerly with Oversee.net, announced today that he has completed the purchase of the domain name RSS.com for $137,500, including commission, from Sedo.com.

The asking price of the domain, RSS.com which I believe was as high as $750K, was dropped to $250K on July 10, 2009 and then to $125K on September 14, 2009.

Ron Sheridan says that he, along with Phil McKegney, plan on developing the domain, and while they areΒ  “not prepared to reveal the precise nature of what we will soon be launching, it will but safe to say it will have a heck of a lot to do with RSS feeds.”

“In the end RSS.com will be what I refer to as a logical build out for a high value premium generic domain.Β  Our hope is that the property/brand will dominate it’s respective category.”” said Mr. Sheridan.

I think this was a great acquisition for Ron and wish him the best of luck with it.Β  It certainly is a category killer domain priced well at just inside the six figures.

This is another very good domain that has sold recently in the $100k-$500K range and we are now running a poll on the right hand side of the blog, asking you what the best purchase has been, so please cast your vote.

As a side note,Β  as someone who gets e-mails from Sedo.com about domains it is brokering on a pretty regular basis, I always assumed the “asking price” was the gross price, out of which the seller would pay the commission, however appearently that is not always the case, so be forewarned.

Filed Under: Domain Sales

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Arbel says

    October 1, 2009 at 10:04 pm

    Very Very Mice Domain Name…i think it is a great price for a category killer like that.

    Congrats to Ron !

  2. Aron says

    October 1, 2009 at 10:28 pm

    Another steal.

    It was on our radar as well…

    beat me to it!

    Congrats Ron.
    Great purchase.

    Very excited for you!

    Eager to see what you roll out πŸ™‚

  3. David J Castello says

    October 1, 2009 at 10:30 pm

    Ron scored.

  4. Everything.tv says

    October 1, 2009 at 11:34 pm

    Best of Luck, great price IMO

  5. Tony says

    October 2, 2009 at 12:01 am

    AreaRugs.com and Jets.com could be to their respective end users what Flowers.com was to 1-1-800Flowers. That’s priceless.

  6. Domain Investor says

    October 2, 2009 at 12:20 am

    I really like Ron Sheridan so I wish him a huge success with RSS.

  7. mmm says

    October 2, 2009 at 12:23 am

    Ditto Domain Investor

  8. David Rosenbaum says

    October 2, 2009 at 5:26 am

    Gee, Ron Sheridan making another great business decision? Not at all surprised. Good luck Ron and let me know if I can help.

  9. djidji says

    October 2, 2009 at 5:30 am

    Logical buyer of this name imo was feedburnier (google) , I don’t know did they see the name was for sale.

    As I remember when it was on sedo, rss.com have nice (type-in) traffic, they could use it for example as redirection to http://feedburner.google.com/ or something like that.

    Congrats Ron. πŸ™‚

  10. Stephen Douglas says

    October 2, 2009 at 9:00 am

    Go Ron! Another example of a brilliant domainer from the Pac Norwest. Not every domainer is from Florida! πŸ˜‰

  11. Chip Meade says

    October 2, 2009 at 9:53 am

    That is a great domain. Not sure it is a “Steal” at $137K. I would say the seller got a very good price. Whether it is worth the investment is up to the development behind it. Knowing Ron, I am sure he will make it worthwhile. Wishing him good luck and looking forward to the business roll out.

  12. larry fischer says

    October 2, 2009 at 10:55 am

    ron,
    congrats on your purchase

    larry

  13. MHB says

    October 2, 2009 at 3:26 pm

    Tony

    Just for you I added arearugs.com

    So you can go ahead and vote.

  14. BullS says

    October 2, 2009 at 4:18 pm

    Nice catch…now RSS to me

  15. chris Sivertsen says

    October 2, 2009 at 4:47 pm

    Congrats on closing your deal Mr. Sheridan, can’t wait to see what you and Phil do with it.

  16. deceneus says

    October 2, 2009 at 5:24 pm

    And I have LoginRSS.com.
    Some offerts? Aron?

  17. Steve M says

    October 2, 2009 at 5:31 pm

    Nice catch; go get ’em, Ron. πŸ˜‰

  18. Brian says

    October 2, 2009 at 8:31 pm

    Congratz Ron and Phil and best wishes on the build out.

  19. ron sheridan says

    October 2, 2009 at 8:34 pm

    Thx everyone for the kind words and Positive thoughts!! I love this business / community.

    RSS.com will be launching soon…weeks not months.

  20. caroline says

    October 2, 2009 at 9:23 pm

    I think it was a great price because rss.com is a potential early-retire for several people.

    I wonder if NiceRss.com is taken? TightRss? CuteRSS?

    They are now.

    CC

  21. ron sheridan says

    October 3, 2009 at 1:34 am

    Caroline,

    re: “I wonder if NiceRss.com is taken? TightRss? CuteRSS?”

    A: girlfriend, tell me you reg’d those names ..

    Personally I’m looking forward to the day when a woman tells me I have a “nice rss”.

    πŸ™‚

  22. Domain Investor says

    October 3, 2009 at 10:24 am

    Ron,

    I have seen your rss many times.
    (with your pants on)

    Sorry to tell you butt the day of women complimenting “our” rss is behind us.

  23. ron sheridan says

    June 4, 2010 at 12:25 pm

    well we missed the launch date by just a few months πŸ™‚

    with any luck we will start sending our Private Beta invites by mid June

    this stuff is hard


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