SSM.com sells for $120,000 less the second time around, but there is a reason for that

07/18/2012

SSM.com sells for $120,000 less the second time around, but there is a reason for that

By: RH

SSM.com led the sales charts at Sedo this past week. The domain sold for $25,000. Nice price for a nice name.

But, the name sold in 2004 for $145,000. The sale was private and posted on Dn Journal.

SSM.com was purchased by Silver State Mortgage, the company closed in 2007, you can read the story here

I want to say that this post idea came from a comment on thedomains.com and credit should be given to Adam.

Brad Mugford of DataCube.com made a very good point, he basically looked at the first sale as a private sale devoid of competition. He pointed out which we all know is true, that when you have a private sale its just the opinion of one buyer.

Posted at 07:49 AM in Domain Sales | Permalink

Comments

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Thank you for this post, now it makes sense why it sold so low the company closed.

Posted by: Richard | 07/18/2012 at 07:53 AM

Guess they forgot about the domain. They could have got more selling in 2007. Great buy for the new buyer.

Posted by: Dman | 07/18/2012 at 07:58 AM

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