$260,000 for TripleCreditReport.com? – Domain Magnate

$260,000 for TripleCreditReport.com?

Top sale in dnjournal’s report today:

$260,000 for TripleCreditReport.com

Looks quite overprices and suspicious indeed, and btw QuadrupleCreditReport.com is still available, should be worth at least 25% more ๐Ÿ˜€

There are a few threads over at dnforum discussing this here and here

Some have suggested that similar sales might be fake. There can be many reasons to do this: someone trying to get attention to his domain and sell it for a good amount later, or for tax purposes, to get funding etc. There are many ways to fake a sale like that, so this is quite possible.

Howeverย  I’ve seen many crazy things in my domaining years, like average $xxx worth domains selling for 6 figures and vise versa. It’s all about having one interested buyer and anything is possible.

One case I’m aware of, someone I know paid low 6 figures for a year old domain, because he had an idea how to develop it and make that money back in ~ a year. Not sure if he did, but that was a lot to gamble on and the seller got over 100k for a domain he spent $14 on ..

Of course there are probably some fake sales too, so it’s hard to know. What do you think?

4 Replies to “$260,000 for TripleCreditReport.com?”

  1. In case you are all asleep, “triple credit report” is the newest HOT keyword in the credit monitoring industry. You have likely seen the ‘free credit report” advertisements on TV, well this is the same PRODUCT that FreeCreditReport.com sells (yes, freecreditreport.com is NOT free, unless you cancel within 7 days of signing up).

    Anyway, there is definitely a high value to this commercially viable & keyword relevant domain name. There are a lot of big companies who could use it (Experian, Equifax, Transunion, Debix, TrusedID, Lifelock, etc….) and a lot of little up and coming companies who would love to have it.

    A quarter million for a generic domain that describes the hottest product in the credit monitoring industry seems like a decent price to me.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to get the latest deals and tips for buyers
Subscribe to updates to learn about our latest opportunities for investors, buyers and sellers Subscribe