BedLinens.com Sells On Namejet For 10% Of What It Sold For 3 1/2 Years Ago

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One of the domain names in the DomainFest/Namejet.com auction that sold yesterday was BedLinens.com

The domain sold yesterday on Namejet.com for $2,411

The same domain BedLinens.com sold back in September 2010 on Namejet.com  for $22,322

So we are looking at a loss of $20,000 on a purchase of $22K.

A loss of 90%

Brutal.

Congrats to the winner of yesterday’s auction.

 

 

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.

Comments

  1. AppToday says

    Looking at the waybackmachine, Looks like a product website in the 2000’s and the buyer might be looking to profit from old search traffic. Parking revenue died and never recovered. Or a company that bought the domain went out of business. There are many deals like this even when the market is great.

  2. Meyer says

    The mistake the original owner made was that he didn’t have a reserve price. Obviously, the transaction went thru since the ownership changed today to someone in India (from Santa Monica).
    The owner before 2010 was the major mill – Dan River.