LifeInsuranceComparison.com.au

[Chris.C]

LifeInsuranceComparison.com.au is dropping tomorrow.

Quite a good domain. Will it get four figures?

 

[DavidL]

I'm sure it will - here are some similar sales:

$4,500.00 - lifeinsurancequotes.com.au (Tue, 23 Jun 2009)
$800.00 - onlinelifeinsurance.com.au (Fri, 25 Mar 2011)
$770.00 - onlinelifeinsurancequote.com.au (Tue, 29 Mar 2011)

 

[neddy]

Well on its way to 4 figures.

Serious punters should increase their credit card limit just in case.

Popcorn time.
.

 

[joe]

Checked this about an hour ago and it was $1001, now it's up to $6001.

Should be interesting to watch.

 

[Chris.C]

It's nearly $9000 on Drop - surely it won't go to five figures!

 

[neddy]

What I can't get over is how could a web design company based in Sydney just let this expire?

Let's hope they look after their clients domains / websites a little better.

http://www.yieldmedia.com.au/
.

 

[joe]

neddy: I was thinking the same thing yesterday. Interestingly enough, a lot of their names are actually registered through drop.com.au

 

[Chris.C]

What I can't get over is how could a web design company based in Sydney just let this expire?



Let's hope they look after their clients domains / websites a little better.

Let's hope they drop more of their claimed 1500 premium domains...



lifeinsurancecomparison.com.au - $12001
lifeinsurancereviews.com.au - $4313
lifeinsurancecomparisons.com.au - $3001

*jaw hits floor!*

 

[Snooks]

Ended at $12,0001.00

Somebody was very keen.

 

[~james~]

According to Auda and linkedin the buyer for lifeinsurancecomparison.com.au was:
Jonathan Leane
Owner at Car Insurance Comparison
Sydney Area

I was thinking about this one given it's right up my alley but the price was too high for me.

 

[neddy]

Congratulations!

Congratulations Jonathan! If anyone knows what to do with this, it is certainly you.

Congrats also to Netfleet - well done and nice payday.

Drop got a consolation prize with LifeInsuranceReviews.com.au - and I bet their customer was happy picking it up for $1300 less than Netfleet.

 

[Shane]

They're all up my alley too, but the prices are over the top in my opinion.

I would have gone to $5k on lifeinsurancecomparison, but for lifeinsurancereviews I wouldn't pay more than $1k.

Good luck to the new owners though.

 

[Jonathan]

Thanks guys, definitely didn't get a bargain on this one!

Funny thing is, I contacted the ex-buyer several times over the last 12 months to try to buy the domain, but they told me they had 'other plans for it'.

Very odd.

 

[Shane]

Oh, well done Jonathan! I know you have some pretty awesome sites in this niche, so I'm sure you'll get a good return on these names regardless of the price paid.

 

[AnthonyP]

Funny thing is, I contacted the ex-buyer several times over the last 12 months to try to buy the domain, but they told me they had 'other plans for it'.

Very odd.

As you say very odd, I'd love to see a post one day from an ex-owner explaining how this type of thing happens. In my mind it plays out in one of these ways.
1) The one who first signed up for the domain with his own work email address gets retrenched/fired or resigns and all the renewal emails get sent into the inter-ether and disappear.
2) The company or division gets sold to a new owner and in the transferal of assets the domain licenses are forgotten about. Often a precursor to this is the SSL certificates expiring.
3) The IT division decides to update DNS settings and forgets to add the MX record for another domain which happens to control the renewal emails for all the other domain licenses owned by the company.
4) An ex-owner thinks (rightly or wrongly) that a domain has been renewed BUT the registrar has not actually renewed it and it gets purged.
5) The ex-owner deliberately let it lapse and we stumbled upon their trash and realised it was gold
6) The owner is so busy negotiating a sale that they forget to renew the license.

 

[DavidL]

7) The owner thinks they have sold the domain but haven't completed the COR correctly. They then ignore the renewal emails thinking it's not theirs to worry about anymore

*This happened to me!

 

[Oz.]

Thanks guys, definitely didn't get a bargain on this one!

Funny thing is, I contacted the ex-buyer several times over the last 12 months to try to buy the domain, but they told me they had 'other plans for it'.

Very odd.

Congrats Jonathan. Great pickup. It went for around about what I was guessing it would. Had something similar happen to me with a domain I picked up recently on the drop for a few hundred bucks, the owner wanted $5k (which I wouldn't pay) for it, a few months before it dropped.

 

[joe]

Congrats Jonathan. Great pickup. It went for around about what I was guessing it would. Had something similar happen to me with a domain I picked up recently on the drop for a few hundred bucks, the owner wanted $5k (which I wouldn't pay) for it, a few months before it dropped.

Likewise, I attempted to negotiate a .com and .com.au purchase earlier this year but the owner was not at all motivated to sell and wanted $100k for the pair. He recently renewed the .com but not the .com.au.

 

[snoopy]

I think most of the time people just don't get emails from whatever reason.

Likewise, I attempted to negotiate a .com and .com.au purchase earlier this year but the owner was not at all motivated to sell and wanted $100k for the pair. He recently renewed the .com but not the .com.au.

Maybe he thought the .com was worth 100k and the .com.au 5 cents!

 

[James]

As you say very odd, I'd love to see a post one day from an ex-owner explaining how this type of thing happens. In my mind it plays out in one of these ways.
1) The one who first signed up for the domain with his own work email address gets retrenched/fired or resigns and all the renewal emails get sent into the inter-ether and disappear.
2) The company or division gets sold to a new owner and in the transferal of assets the domain licenses are forgotten about. Often a precursor to this is the SSL certificates expiring.
3) The IT division decides to update DNS settings and forgets to add the MX record for another domain which happens to control the renewal emails for all the other domain licenses owned by the company.
4) An ex-owner thinks (rightly or wrongly) that a domain has been renewed BUT the registrar has not actually renewed it and it gets purged.
5) The ex-owner deliberately let it lapse and we stumbled upon their trash and realised it was gold
6) The owner is so busy negotiating a sale that they forget to renew the license.

The ex owners seem to be a design/dev agency who own around 1,500+ domains..

Life insurance is a big money market.

Regards,