PinkDiamond.com Flips For A $10,000 Profit In About A Month

October 27, 2009 · 1 Comment  

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Product domain PinkDiamond.com originally sold for $7,999 at Sedo in September 2009. Now today, about 6 weeks later it resold again at the Rick Latona live auction in New York City for $18,000. That’s a $10,000 profit excluding broker fees. There are not many industries outside of the domain industry that someone can make that kind of profit in such a short period time, congrats to the buyers and sellers.

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Rick Latona Live Auction At T.R.A.F.F.I.C Conference In New York City Starts Today

October 27, 2009 · Leave a Comment  

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As blogged about earlier this month Rick Latona’s live auction starts today at 4:30pm EST – 7:00pm EST. Online bidding takes place via Proxybid the entire auction inventory can be viewed there as well. This should be an exciting auction as there are some very good product domains up for auction.

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$1.99 Domains At GoDaddy With Coupon Code GEO199

October 26, 2009 · 3 Comments  

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For a limited time GoDaddy is offering new domain names for $1.99 with coupon code GEO199. The code appears to work with .com, .net, .org extensions and possibly others. Payment via credit card or by check and to be used only once per GoDaddy account.

This coupon works out well for GeoCities users as Yahoo announced GeoCities is closing and shutting down today.

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GeoCities Closes Its Doors Today

October 26, 2009 · Leave a Comment  

Yahoo closes the doors on GeoCities today. Remember way back in the day when web hosting and domains were super expensive? People that wanted to get a website/online store/web blog online could go to ad supported services like GeoCities to launch a website basically for free to get their feet wet in online business. Well today it all ends with Yahoo closing down GeoCities forever. Yahoo is pushing existing GeoCities users to purchase a domain and to use their small business web hosting as an alternative.

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Sedo Gets Mention In New York Times Article About Online Auctions

October 24, 2009 · Leave a Comment  

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In a article published by The New York Times domain auction site Sedo.com gets a quick mention as a specialized auction site for domain names. The article is mainly about buyers not getting what they puchased but they offer help on how to avoid being taken advantage of by providing links to Escrow.com and LooksTooGoodToBeTrue.com, a site financed by the Federal Bureau of Investigation and the United States Postal Inspection Service. It’s good to see mainstream media mentioning sites like Sedo to end users.

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