20 Feb '15, 2pm

Bad economy? FtLauderdale .net was sold for just a grand! #domains #sedo #economy #icann53 #sales

Bad economy? FtLauderdale.net was sold for just a grand! Posted by DomainGang on February 20, 2015, at 9:50 am Domain flipping produces chump change. Domainers are still navigating the dire straits of a ‘bad economy ‘ and the proof is in the extreme differences between domain sales. All while China’s omnivorous economy dictates ample spending on digital assets, such as domain names, the median selling price on many domain venues – such as Sedo – has dropped tremendously in recent months. Average prices vary, but the median price of weekly sales reports at Sedo seems to be hovering between $2,000 and $3,000 USD, which is not exactly fantastic. Sedo makes up for this drop by engaging a large volume of sales, however. The reason for this sizable drop is the use of Sedo by a large group of domain ‘flippers’ willing to take in the bare minimum for their investment. An example, ...

Full article: http://domaingang.com/domain-news/bad-economy-ftlauderdal...

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