Invention.com up to $650K on eBay
The domain name Invention.com is for sale on eBay, with a listed price of $650,100 with 13 hours remaining in the auction. It's hard to know whether this price will materialize, as all the bidding past $330,000 has been between a new bidder and one with two feedbacks. Nonetheless, there's been plenty of action, with 40 bids. If there's any serious last-minute sniping, the price could approach this year's top domain name sale of $750K (for website.com and property.com).
The seller, Tihan Seale, says in the listing that he has owned the domain for 79 days and it is averaging more than $5,000 a month in revenue from Overture ads. The previous owner was intellectual property attorney Michael Kroll, who continues to do business at invention.net (always register the additional TLDs for your brand!). The previous sale isn't listed among Domain Name Journal's top sales of 2005, so there's no way to know how much Seale figure to clear if the sale price holds up (i.e. the buyers have the money to back these huge bids).
Posted by RichM
August 23, 2005 | Permalink | Newsletter
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Invention.com up to $650K on eBay -
Aug 23, 2005
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