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Domain sold for $30,000 on Flippa!

by zigizag
71 replies
Was just checking the latest just sold sites and domains on flippa and saw that Rented(dot)biz sold for $30,000!

Here i thought domain sales were not that profitable anymore... Guess I was wrong!

flippa(dot)com/2793858-rented-biz-no-reserve-823-000-monthly-g-searches
#30k #domain #flippa #renteddotbiz #sold #wow
  • Profile picture of the author DreamWarrior
    Interesting. I think it got sold for that amount due to the search results rather than it being a .biz domain name. I would use it as to redirect people to another site rather than an actual site. It helps to know what you are looking for when you are purchasing sites/domains to resell.
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  • Profile picture of the author Tony Humble
    Banned
    Woha woha woha. I'm pretty sure the $30,000 is for the pagerank / search positions, not for the actual domain.. it's a biz, not a .com
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    • Profile picture of the author Socialbakers
      Originally Posted by Tony Humble View Post

      Woha woha woha. I'm pretty sure the $30,000 is for the pagerank / search positions, not for the actual domain.. it's a biz, not a .com
      I have to agree with you, it has to have a really good PageRank and brilliant SEO and search positions to be sold for $30,000...
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      • Profile picture of the author SandraLarkin
        Banned
        Originally Posted by Socialbakers View Post

        I have to agree with you, it has to have a really good PageRank and brilliant SEO and search positions to be sold for $30,000...
        No, that is not true.

        This was just a domain, and nothing more. There was zero seo done to it, and it still gets over 800k hits a month.


        People auto search for domains like this, and even visit them on accident a ton. The domain can very easily be branded.
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  • Profile picture of the author Kiranbloger
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    • Profile picture of the author WillR
      Originally Posted by Kiranbloger View Post

      It has 823,000 monthly G searches.
      That's all good and well but what happens when Google makes their next change and you end up down on page 100?

      I wouldn't spend premium money like that on any type of product or service that relied heavily on Google or any other search engine. It's just not worth it nowadays... and I guess the guy selling it knows that. Pity the guy buying it didn't!
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  • Profile picture of the author Greedy
    Crazy, but definatly could be worth it.
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  • Profile picture of the author Robert M Gouge
    Watching premium domain name sales excites me, for some reason. I guess that's how you know you're a nerd.
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    • Profile picture of the author Cee
      Originally Posted by Robert M Gouge View Post

      Watching premium domain name sales excites me, for some reason. I guess that's how you know you're a nerd.
      You bring da funny
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    • Profile picture of the author Morten V
      Originally Posted by Robert M Gouge View Post

      Watching premium domain name sales excites me, for some reason. I guess that's how you know you're a nerd.
      Or a business man..
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    • Profile picture of the author imchillin
      Originally Posted by Robert M Gouge View Post

      Watching premium domain name sales excites me, for some reason. I guess that's how you know you're a nerd.
      LOL! Then I guess I'm a nerd too then....

      But this sale seems to have had no comments..... and the bid went from $140 to $30,000??? hmmmmmmmm

      I don't know about that.... just sayin.....
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  • Profile picture of the author MatthewAus
    EMD does not mean mean very much at all these days. I honestly cannot see this domain making a decent return for the buyer.

    Has anybody else bought a broad EMD and got it to rank? How competitive was it?
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  • Profile picture of the author vigossqi
    It is unbelievable, and what's "flippa" for? I have googled but nothing special...
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  • Profile picture of the author zigizag
    at the end of the day for the buyer to spend that much money he must have a plan in mind. NO ONE would spend $30,000 on a domain for no reason. or would they?...
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    • Profile picture of the author WillR
      Originally Posted by zigizag View Post

      at the end of the day for the buyer to spend that much money he must have a plan in mind. NO ONE would spend $30,000 on a domain for no reason. or would they?...
      I don't know. Sometimes I think it's even in Flippa's best interest to do something like this from time to time because it creates a lot of talk about their site. $30,000 isn't much to pay for a whole bunch of viral traffic to their site. This thread wouldn't have been posted if the domain were not sold.

      So, is it a conspiracy theory? Maybe there are more to these weird sales than meets the eyes.
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      • Profile picture of the author mosthost
        Originally Posted by WillR View Post

        I don't know. Sometimes I think it's even in Flippa's best interest to do something like this from time to time because it creates a lot of talk about their site. $30,000 isn't much to pay for a whole bunch of viral traffic to their site. This thread wouldn't have been posted if the domain were not sold.

        So, is it a conspiracy theory? Maybe there are more to these weird sales than meets the eyes.
        Conspiracy theory, or simple explanation? Like you said, it's in their interest for something like this to go. There isn't a single real reason this parked domain would fetch $30,000 under normal circumstances.
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        • Profile picture of the author rendell
          Originally Posted by mosthost View Post

          Conspiracy theory, or simple explanation? Like you said, it's in their interest for something like this to go. There isn't a single real reason this parked domain would fetch $30,000 under normal circumstances.
          That's interesting. Like how the mafia buy art work for laundering.
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        • Profile picture of the author sbucciarel
          Banned
          Originally Posted by mosthost View Post

          Conspiracy theory, or simple explanation? Like you said, it's in their interest for something like this to go. There isn't a single real reason this parked domain would fetch $30,000 under normal circumstances.
          Honestly, I don't buy this conspiracy theory at all. It's BS. Any fraud that goes on with Flippa listings is done by sellers and buyers. Flippa already has a near monopoly on the site flipping business. They don't need to do that for exposure at all.
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  • Profile picture of the author Adie
    That is a premium domain regardless of the extension so no wonder why it sold for that amount. Many types of rental businesses can be done with that domain..
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    • Profile picture of the author zigizag
      Originally Posted by Adie View Post

      That is a premium domain regardless of the extension so no wonder why it sold for that amount. Many types of rental businesses can be done with that domain..
      That's true. The buyer must be some rental company that decided the domain would be a good addition to their business. For all we know they might already own the other extensions and wanted to complete the list. Good investment on the sellers part though!
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  • Profile picture of the author Brennen Noble
    Originally Posted by zigizag View Post

    Was just checking the latest just sold sites and domains on flippa and saw that Rented(dot)biz sold for $30,000!

    Here i though domain sales were not that profitable anymore... Guess I was wrong!

    flippa(dot)com/2793858-rented-biz-no-reserve-823-000-monthly-g-searches
    Actually I've got a friend who sells domains for 20-30k about once a month, and quite regularly makes $3-$5k domain sales. Definitely money to be made if you know what to look for.
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  • Profile picture of the author 4sitenow
    According to the sellers description... "this is a great investment for anyone in the domain flipping business. It will be in high demand by businesses in realty and anything having to do with rentals.

    Most likely "the Donald" bought it. $30K is like us spending $10 on a domain name for the Trumpster!
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    • Profile picture of the author zigizag
      Originally Posted by 4sitenow View Post

      According to the sellers description... "this is a great investment for anyone in the domain flipping business. It will be in high demand by businesses in realty and anything having to do with rentals.

      Most likely "the Donald" bought it. $30K is like us spending $10 on a domain name for the Trumpster!
      Wait, Donald Trump has a flippa account??
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  • Profile picture of the author sbucciarel
    Banned
    There's still money in the domain business. I think the bidding pattern on this one is a bit suspect:

    Bidder 1 Buy It Now Bid $30,000 11 days ago
    Bidder 2has bid on 62 listings from 61 sellers $140 11 days ago

    It jumped from a bid of $140 to $30,000
    Maybe the buyer just wanted to make sure he got that domain. Possibility.

    As you can see here, domains are still doing quite well, if the right domains are chosen

    Year's 2nd Biggest .Org Sale Tops Chart After .Com's Six-Figure Sales Streak Finally Ends
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    • Profile picture of the author Robert M Gouge
      Originally Posted by sbucciarel View Post

      There's still money in the domain business. I think the bidding pattern on this one is a bit suspect:

      Bidder 1 Buy It Now Bid $30,000 11 days ago
      Bidder 2has bid on 62 listings from 61 sellers $140 11 days ago

      It jumped from a bid of $140 to $30,000
      Maybe the buyer just wanted to make sure he got that domain. Possibility.

      As you can see here, domains are still doing quite well, if the right domains are chosen

      Year's 2nd Biggest .Org Sale Tops Chart After .Com's Six-Figure Sales Streak Finally Ends
      Maybe it's because you always do my research for me, but I always like when you contribute to a thread.
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      • Profile picture of the author himanuzo
        I think that the domain is priced $30,000 because of a word of the domain name -> "Rented"
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    • Profile picture of the author WillR
      Originally Posted by sbucciarel View Post

      It jumped from a bid of $140 to $30,000
      Maybe the buyer just wanted to make sure he got that domain. Possibility.
      Hmm, I didn't notice that. Looks even more suss.

      I wonder how many of these deals actually eventuate into the person getting the money. I've seen plenty of ridiculous listings on flippa before that were obviously just attempts to draw traffic to ones website.
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      • Profile picture of the author sbucciarel
        Banned
        Originally Posted by WillR View Post

        Hmm, I didn't notice that. Looks even more suss.

        I wonder how many of these deals actually eventuate into the person getting the money. I've seen plenty of ridiculous listings on flippa before that were obviously just attempts to draw traffic to ones website.
        Pretty hard to believe someone would go from $140 to $30K just like that, but who knows?
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        • Profile picture of the author zigizag
          the thing is though, the $140 was for the total bids at that stage but the $30,000 was the buy it now price. so it seems like someone just decided to buy it now before anyone else did.
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  • Profile picture of the author goindeep
    They are totally profitable. Kind of like art in fact, the older they are the more profitable they are.
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    • Profile picture of the author See
      Originally Posted by Andrei Rotariu View Post

      They are totally profitable. Kind of like art in fact, the older they are the more profitable they are.
      If domains are art then .biz is the equivelent of a tacky scarface poster taped to the wall... I think I'd prefer the .info even.
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  • Profile picture of the author OLechat
    The $30,000 was a BIN bid, so bidding didn't really jump from $140 to $30k with no reason.

    I don't know. Sometimes I think it's even in Flippa's best interest to do something like this from time to time because it creates a lot of talk about their site. $30,000 isn't much to pay for a whole bunch of viral traffic to their site. This thread wouldn't have been posted if the domain were not sold.
    WillR, that's not how we operate, or how we've ever operated.
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    • Profile picture of the author sbucciarel
      Banned
      Originally Posted by OLechat View Post

      The $30,000 was a BIN bid, so bidding didn't really jump from $140 to $30k with no reason.
      Yep ... they must have wanted that domain really bad. Surprising to me because it's a .biz domain and I wouldn't pay that kind of money for a .biz.
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  • Profile picture of the author fisherman09
    wow i have costless(dot)biz with 22,000 monthly searches for how much will it go
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  • Profile picture of the author centurion81
    Don't think I would have paid that for a .biz

    Interesting none the less though.
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  • Profile picture of the author Nexstair
    Not too convinced on these decisions.
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  • Profile picture of the author rendell
    Could be a corporate buyer buying up all the "rented" domain.
    After years of resting (since the financial crisis), the domain investors may be back for some actions.
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  • Profile picture of the author Jan W
    wow that much money for a biz domain? that´s impressive but I´m sure it´s because of the pr and the monthly searches. maybe I should sell some of my domains on flippa
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  • Profile picture of the author MrMonetize
    I was about to post up DNJournal. Suzanne has beat me to it. Of course domain sales are profitable, it depends on the name thats for sale. I wish I was part of the DotCom boom, I would be retired by now. Those guys were buying up everything and are now sitting pretty.
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  • Profile picture of the author Ismael Zarruqui
    It's just doesn't worth 30k ..it seem that some domain investors don't know where to put their money !! ..the rented dot com is parked somewhere or redirected to CPA offer ..is this domain a deal ?
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  • Profile picture of the author Abhik
    Wow!!! 30 grands for a domain is certainly a big deal.
    Since the domain is a .biz and doesn't have impressive alexa rank, I guess the price is based off the backlinks and the keyword.
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  • Profile picture of the author K Mec
    With this amount any one can buy hundred thousand visitors through PPV or PPC...
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  • Profile picture of the author Doubleup
    I think it's a bit much for a biz, but a domain is worth what someone is willing to pay for it.
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    • Profile picture of the author tylerjaysen
      yeah folks ..$30K is not alot to spend if you're getting 800K visits a month traffic or whatever. If you could even convert 3% off that a month....would be like 24k leads. So in essence...usually $1 a lead is pretty average cost for quality lead...so in this example...would cost $24k to get those 24k visitors from a conversion of 3% off that monthly traffic that is already there.

      Now month 2, you do it again and build more leads...and over and over...

      Bottom line is you're buying a web property that has build in traffic already. So yeah just redirect that to another offer that converts and you're off and making money immediately.
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  • Profile picture of the author Martinsee
    It's so crazy @@
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  • Profile picture of the author Haroon Ballim
    Was the sale successfully concluded . Sometimes people get trigger happy in auctions but than are reluctant to cough up when the time comes to pay. Buyers remorse is very likely here .

    Well if it did go through its more like suckered.com
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  • Profile picture of the author fenomeno
    Great sale! I am sure that buyer could get it for less. I own domain with 1.5 million exact search, and .biz domain with 246000 exact search IMO $30k for this domain is too much especially as owner was ready to sell it. Anyway, great sale!
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  • Profile picture of the author DubDubDubDot
    Highly unlikely to have sold for $30,000.

    It's either a fake sale, money laundering (suspected to be common in domain sales) or there was more secretly included in the sale than just the domain.
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    • Profile picture of the author Mikey1205
      Originally Posted by DubDubDubDot View Post

      Highly unlikely to have sold for $30,000.

      It's either a fake sale, money laundering (suspected to be common in domain sales) or there was more secretly included in the sale than just the domain.
      Can you explain what you mean by this? (Just curious)
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      • Profile picture of the author DubDubDubDot
        Originally Posted by Mikey1205 View Post

        Can you explain what you mean by this? (Just curious)
        - Report a fake sale for your own amusement.

        - If you are the buyer, have the seller report an amount higher than the actual selling price so that your industry nemesis thinks you swing a big one.

        - Set up a fake sale for RedWidgets.com so that you can use the "comparable sale" in your marketing of BlueWidgets.com.

        - Got something illegal to sell, but nowhere to process payment for it? Use the domain sale as the front for what you are actually selling.

        Then of course money laundering and tax fraud. I won't outline that. I don't know of anyone that has done it, but I think common sense says that it's happening given how low the bar is set to pull this off.


        If the sale looks too ridiculous to be true, it probably is. There are very few instances of a domain selling for an outrageous price. Groupon.com is one of them at $250,000, but they had VC backing and apparently felt as though they couldn't move forward without that one domain. I fail to see how rented.biz falls into that category. It's a domain with countless alternatives at a much lower price.
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  • Profile picture of the author RussellMax
    Didn't know that people cared about .biz domains. Will have to look into this.
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  • Profile picture of the author Dariuszden
    That's impressive and I bet the person that bought it knows what he's doing. After all you don't spend 30,000 just like that.
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  • Profile picture of the author Cicak
    Owner must be laughing now, $30,000 is insane, probably made HUGE profit.
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  • Profile picture of the author Michael Ten
    That is a lot of money!
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  • Profile picture of the author CanadianYoungGun
    To be honest, 30k is probably pocket change for the person who bought the domain.
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  • Profile picture of the author deohaivan
    well that is no ordinary domain name
    i heard hosting.com was sold for almost a million
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  • Profile picture of the author fisherman09
    I tried myself too https://flippa.com/2814102-costless-...huge-potential
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  • Profile picture of the author Travis Wade
    I invest in domains quite a lot but I still have never bought a .biz name and probably never will if they are going for that price! lol. There would have to have been a site behind it with a lot of visitors and proven sales before I would have even considered that price tag. Some people have more money than brains I guess.
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  • Profile picture of the author fenomeno
    Whois still not updated.
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  • Profile picture of the author iTechSolutions
    Sorry, seems bidder never paid as selller's total completed transaction is still 6.9K (check seller feedback)
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    • Profile picture of the author sbucciarel
      Banned
      Originally Posted by fenomeno View Post

      Whois still not updated.
      Originally Posted by iTechSolutions View Post

      Sorry, seems bidder never paid as selller's total completed transaction is still 6.9K (check seller feedback)
      Now isn't that interesting. Seems like a fake deal after all, or a fake buyer. :rolleyes:
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  • Profile picture of the author moneymakerway
    This domain reached this price probably because it's a few years old, has good search volume and decent number of backlinks.
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  • Profile picture of the author IMSince2003
    $30K is NOTHING if you are branding an already successful rental business. Companies routinely spend MILLIONS in advertising.
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    • Profile picture of the author sbucciarel
      Banned
      Originally Posted by moneymakerway View Post

      This domain reached this price probably because it's a few years old, has good search volume and decent number of backlinks.
      Originally Posted by IMSince2003 View Post

      $30K is NOTHING if you are branding an already successful rental business. Companies routinely spend MILLIONS in advertising.

      This domain DID NOT SELL FOR $30,000k OR even $1. The same person who listed the domain still owns it according to whois and his total Flippa income does NOT REFLECT a $30K sale.
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      • Profile picture of the author IMSince2003
        Originally Posted by sbucciarel View Post


        This domain DID NOT SELL FOR $30,000k OR even $1. The same person who listed the domain still owns it according to whois and his total Flippa income does NOT REFLECT a $30K sale.
        Well, there ya go! But, my point is still valid. Companies will spend big bucks if the right person thinks that something is valuable. If your advertising budget is in the millions and you have the chance to get a domain that's easy to remember and relevant for $30K, then why not?
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        • Profile picture of the author sbucciarel
          Banned
          Originally Posted by IMSince2003 View Post

          Well, there ya go! But, my point is still valid. Companies will spend big bucks if the right person thinks that something is valuable. If your advertising budget is in the millions and you have the chance to get a domain that's easy to remember and relevant for $30K, then why not?
          I agree. I would spend big bucks for the right domain and many people do. Domaining is alive and well. A biz would never be the right domain. If you do a domain search for domains in really hot niches, you often find the exact domain that you want available in biz but taken in all other extensions. I've seen that a lot. That's because very few people want a biz domain.

          This particular auction jumped from a $140 bid to a BIN at $30K. That seemed just a bit unbelievable to me. It has been 14 days since someone hit the BIN and there's no change of ownership and no jump in the owner's Flippa income to indicate that he just sold a $30K domain.
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  • Profile picture of the author fenomeno
    I am starting to believe it is a fake deal. Why? $30k for this domain is too much. Buyer decided to buy it at BIN, although highest offer was at low $xxx. Ok, I can understand that if buyer really want it, but buyer also decided to pay through Escrow.com. When you want something so badly you, once you won it, would not avoiding payment for it what buyer is doing since he/she still havent paid. We will see during the beginning of the next week. If buyer paid via wire transfer than it could take up to 5 business days to complete payment and that would be only logical explanation why this deal is still not finished.
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  • Profile picture of the author dcmarketer
    Gotta ask the question...

    Why would you fork out $30k for a .biz when you can get the .com for just a little bit more...

    rented.com is available for purchase - Sedo.com

    ...or potentially the same price (or less) by making an offer.

    Duncan
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    • Profile picture of the author zigizag
      Originally Posted by dcmarketer View Post

      Gotta ask the question...

      Why would you fork out $30k for a .biz when you can get the .com for just a little bit more...

      rented.com is available for purchase - Sedo.com

      ...or potentially the same price (or less) by making an offer.

      Duncan
      Very interesting... Seems like this auction was a fake after all. Everyone can sleep easy now knowing that .biz domains are not worth more than .com domains these days. lol
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  • Profile picture of the author dcmarketer
    Also keep in mind this domain as an exact match domain DOES NOT get 832k searches per month as mentioned several times.

    Rented as an exact match search term gets "1,900" GLOBAL searches per month in Google - "260" for the US.

    No one would be buying this as an EMD for potential SEO traffic, as an exact match search phrase, unless they're totally mad.

    It would be purchased purely for branding purposes (tho it wouldn't hurt with SEO for longer tailed related keyword terms assumimg content was there).

    Duncan
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  • Profile picture of the author collegedropoutkid
    Domains sales are still very much profitable..it's really a matter of building an audience. Website owners that know how to do this are the one's that sell them for nice paydays like $30,000

    That problem is not many people thinks that they can put up a site in a few hours and sell it for large amounts like this in a few days.

    This is a skill that must be learned, and it does still work..in fact there are marketers that have built 6 figure businesses using this one method.
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