Link To Full Story: domainshane.com
I made the mistake of going to valuate for personal justification (I know, I know don’t do that) and saw the $5300 value and started thinking too much. I started thinking that my gut feeling that this was a 25K domain was wrong. What did I know. I’m just a guy that buys and sells thousand dollar domains. Maybe I don’t know the difference between a $5000 and a $25000 domain. I bid it up a few more hundred and dropped. Two minutes after the auction I was already kicking myself. I felt I should have taken it to 10K. Who knows, the winner had a proxy bid that always seemed to kick in so maybe he had a 25K proxy and I never would have gotten it. I was only mad because I didn’t try. A few weeks later was started out as shoulda turned into a mental “I told you so”
Three weeks later I saw the domain up for sale at the DomainFest auction and with a 25-50K reserve. My initial thought what great timing. A huge auction right after a pickup is a fantastic way to flip a strong name. That being said, many of the good names were being passed lately in the live auctions. TRAFFIC had a ton but DomainFest seemed to be a little more active. Low and behold, FederalAid sold for 40K. A nice $31,200 profit in 23 days. Well played sir, well played.
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