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Too early to try to flip?

Posted on April 16, 2018
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Vape.net was sold in 2016 for $9,000 on Sedo, the seller was from Austria. The domain immediately went under privacy.

The domain name was developed as a review site. The domain expired apparently and went for $30,000 at GoDaddy auctions on 2-25-18.

The buyer put the name back up for auction which closes today and it’s sitting at only $4,000.

Of course there is a reserve but I think it rather ambitious to put the name back up for sale a little over a month later.

What do you think?

7 thoughts on “Too early to try to flip?”

  1. Martin says:
    April 16, 2018 at 11:49 am

    Not everybody who finds the auction would know the history so why not? We put names up as soon as DNS propagates.

  2. SK says:
    April 16, 2018 at 11:51 am

    huge loss.

  3. Anon says:
    April 16, 2018 at 1:23 pm

    Way overpaid at $30,000 for the .net

    1. Data Glasses says:
      April 16, 2018 at 7:39 pm

      Agreed

  4. Ralph says:
    April 16, 2018 at 1:48 pm

    They are going to eat a $22,000 slice of crow pie.

  5. Spot says:
    April 17, 2018 at 10:32 pm

    Was it the buyer that paid $9,000 that had it go through auction at 30k before renewing it and re-auctioning? Or did a new buyer acquire it for 30k to then resell it? I smell shill tactics.

  6. ben pedri says:
    April 22, 2018 at 5:19 pm

    If shrill/bids were involved there had to be a lot of people in on it. So if the auction is real and many bids ,I would guess an end user buy was the reason for the high price. THEN maybe the buyer remorse set in ,I see bike.net sold for 60k with unireg. Id say that’s a better domain,so Icant see a domainer paying 30k to maybe make a few bucks on it ,but not a double. Or this can be the case of not legalizing weed,or maybe we can send a joint to everyone whos wants to bid on our auctions and make it mandatory to light up b4 bidding.
    Anybodywant to take a guess on what TunaFish.net is worth, I own it

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