Last week I had wrote about 28 "geo-insurance" related domain names selling for $2,125 each for a grand total of $59,000 via Afternic. This week, another 18 "geo-insurance" related domains sold but this package was for $6,000 Each and a grand total of $108,000.
This latest round of "geo-insurance" related .com is a nice package sale at $6K each since the last 28 are very similar and sold for $2,125 each. Here is the list of latest domains sold.
- RhodeIslandAutoInsurance.com
- OklahomaCityAutoInsurance.com
- MinneapolisHealthInsurance.com
- LouisianaCarInsurance.com
- FortworthAutoInsurance.com
- OklahomaCityCarInsurance.com
- FortworthCarInsurance.com
- CaliforniaCarInsurance.com
- OhioAutoInsurance.com
- KansasCityHealthInsurance.com
- PennsylvaniaCarInsurance.com
- DelawareCarInsurance.com
- WashingtonHomeInsurance.com
- SanantonioHomeInsurance.com
- PennsylvaniaAutoInsurance.com
- Fortworthhomeinsurance.com
- SanantonioCarInsurance.com
- KansasCityHomeInsurance.com
The last round of domains were purchased by the company 360 Quote LLC and it appears they were the buyers again according to whois records.
You can see the list of the other 28 domains in the first post that I linked at the start of the article.
The seller this time for all 18 domains was MostWantedDomains.com . The owner of MWD is also the writer of the popular domain blog TheDomains.com Michael Berkens. Afternic.com was used to close the deal or simply to handle escrow.
All 18 domain names were registered in either 2002 or 2004. Congrats to the buyer and MWD.
Now the other question is… Did the first seller with the 28 domains at $2,125 each under sell or did Michael just do a better job at getting $6K each for his 18 domains?
Dan Sanchez
I wonder why the owner would risk getting his gmail account hacked when he just spent all that cash…
The previous seller won’t be happy to see the buyer paid more than double his asking price. Owie.
Dan
Jamie Zoch
@Dan,
Just because the “contact” email in whois is a gmail account, does not always mean the email used for the registrar account is a “free email”. Just something to keep in mind, but yes there is a good chance the same email address is used at the registrar. I think most domain owners are simply not educated on the risk with free email services.
Troy
I think the seller got very good prices for these domains. Congrats on being wise enough to sell when the opportunity comes. I think in another 6 months people would have sold domains like these for around $1000 at most.
Gordon
Ok, I’ll bite – what are the risks of a free email service vs another type of email?
Mike
Apparently it is easier to find exploits/brute force to hack a free webmail account than it is to hack directly into a mail server.
The point though, is that you should not use the same email address in the whois that you use at your registrar. That way nobody knows what email to hack to take control of your domains.
RKB
I believe all of these geo-domains (including insurance geos or other geos) will be worth much more, perhaps many times more in future. These domains offer highly targeted traffic looking for a geo-specific service. But if you need money right now, it is good to sell some. Don’t sell all, as I believe these kind of domains have great potential and intrinsic value.
Jamie Zoch
@RKB,
I agree somewhat but I would highly bet the amount of direct navigation on these type of domains is low. I like the GEO aspects of the domains but I think the terms Auto, Home, Car for search ranking benefits are not all that great. With an active site, I wouldn’t have that hard of a time ranking for that long tail of a search phrase. Secondly, it’s not like an insurance company is going to brand with these kind of domains. (they shouldn’t at least)