webber286 wrote:
Hmmm, GoDaddy sells domains for 8.95 a year, same for renewals. That is one hell of a profit margin.
Just curious, have you ever sold a domain for over $1M.
1. The subject domain name wasn’t acquired for the cost of a domain registration fee. For a domain name of this caliber, those days ended back in 1998. To be specific, I acquired it from a private individual.
2. $1 million is a rare animal in this business. Few domains trade at that price or better. Although, I have no doubt that one day I will have done multiple trades in that range.