As reported on DnJournal.com last night in the weekly sales report, "At SnapNames OLU.com yielded $5,002"

OUCH! Great Buy for the Buyer, very bad deal for the Seller!

This appears to have been an "In Auction" also known as a User Submitted domain name for sale. The one problem with the in auction domain names, many people Uncheck the search feature "in auction" and never search them because most are priced really high. I have talked to SnapNames about this several times since I see this as a problem. The best case for a seller, would be if one domain auction looked no different then another.

I think this was the case for this one. WebsiteNames.com, Inc. appeared to be (via whois.sc history) the seller on SnapNames.com and Marco Ferro is shown as the owner today via whois.

OLU.com is a Great Domain and easily a $10K domain! So the domain sold for $5,002 usd. Minus 20% Sellers fee… Leaves the seller with $4,001.60