iSearch.com was offered for sale several times before on ebay, but failed to reach near the reserve, the last ebay auction ended at $61000:
Now it finally sold for a nice $300K to Intelius [Nasdaq:INTL]
Arlo Gilbert, the previous owner, has the news on his blog read more »
NyTimes has an interesting story on a guy who flipped a site for an awesome $173K, after buying it for $1800 and doing some changes. According to compete.com traffic estimates the site bird-cage.com only has 5-6k monthly visitors from US, so it’s strange that just 200 visits per day can provide such nice income. Besides the site only has 257 links in yahoo and doesn’t seem to have any decent google rankings for the top keywords.
So it really looks strange why would someone pay a healthy amount of money for a small site, without much traffic.
On the other hand it shows that development could bring nice profits and e-commerce sites are the money makers!
here is the article: read more »
Domain news reports:
As promised, we are keeping you up to date on this developing story… As we reported yesterday, Microsoft Chief Executive Steve Ballmer had held firm with the original offer, insisting it was fair in light of Yahoo’s eroding profits during the past two years. He threatened an attempt to oust Yahoo’s board if the 10 directors, including Chief Executive Jerry Yang, didn’t accept the offer by April 26th.
Since Yahoo has forced the issue by letting the deadline pass, Ballmer appears ready to put more money on the table. Microsoft’s board reportedly met earlier this week to consider raising the bid as high as $33 per share. It wasn’t clear whether Microsoft presented that figure, which would translate to about $47.5 billion for the deal, to Yahoo Friday. read more »
Pizza.com is scheduled to be auctioned in GreatDomains monthly auction in 5 days.
Reserve is set to above 1 million and if it sells we might see another high value sale to top the annually charts.
Pizza.com is also a small developed site, which in this case probably doesn’t add much value. The new owner will definitely build something much larger to bring profits that can justify a 7 figures price for the domain.
