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Domain name Iran.com at auction for $735,000; one suitor so far.
The domain Iran.com is up for grabs at Sedo after receiving a $735,000 offer. The auction runs through January 4 and the reserve has been met. If the sale closes this will be a heck of a way to kick off the 2008 year in the domain industry. According to DNJournal, Iran.com sold for $400,000 in June of 2007.
Iran is an important country, but its not the only geography domain to sell for big money lately. Earlier this month, Zimbabwe.com sold for $130,000 at Sedo. Sedo also sold Chinese.com not a country but a geo-related domain for 810,001 in July.
Other top geo domain sales of 2007 include:
and also browsing for some names on Sedo and other auction sites. Prices are still damn high!
are these prices just based on supply and demand; or will and can they really return the initial investment.
Showing up first on SERPS is far more important than Great Keywords+.com especially that more and more people are aware of different extensions nowadays and I think and believe that more people tend to use search engines to land on what they are looking for rather than typing in Keyword+ dot com.
How come these prices are going higher and higher?
Anyway, I'm always sceptical with Sedo - 2 out of the last 3 attempts I've made to buy a good domain name there it's turned out the seller didn't actually own the domain. You normally find this out after you've sent the money to Escrow :-/
Also, I would guess that a lot of the big domains on Sedo sell to other domainers so it's a bit of a false market really - more a "perceived" value than an actual value.
I can't remember who publishes the list but someone does the Top domain sales each month - that's probably a good place to start looking to see prices, although again we'll never be sure how many sold to other domainers I guess.
One thing I have noticed in the last year or so is that counter-offers from sellers have often become a lot more realistic - normally in the $n,nnn price range as compared to the mid-$nn,nnn in previous years for the type of domain I go for.