Rick Latona's Auction nets $681,850

Discussion in 'Non-Indian Domains' started by Nomad, Sep 25, 2008.

  1. Nomad

    Nomad New Member

    Joined:
    Jul 26, 2008
    Messages:
    130
    Likes Received:
    0
    Trophy Points:
    0
    This is called the perfect monetization of a Domain name. RickLatona.com , someone mentioned Rick as the Domain King, earned $681,850 for an auction they held.

    Just check out the Prices of the Domain names auctioned at Rick's
    Read the Article
     
  2. Ceres

    Ceres New Member

    Joined:
    Mar 27, 2008
    Messages:
    2,206
    Likes Received:
    11
    Trophy Points:
    0
    Location:
    Canada
    Considering the current downturn in the economy, Rick Latona's auction seems to have done not too badly.
     
    Last edited by a moderator: Sep 25, 2008
  3. easydoms

    easydoms New Member

    Joined:
    Jan 14, 2007
    Messages:
    109
    Likes Received:
    0
    Trophy Points:
    0
    Home Page:
    Rick is one of the main men in this game,he has access to information and tools that we domainers dont have, but will say this, he sure knows how get the best out of his names and he seems to have a lot of respect in this game :)
     
  4. petrelli

    petrelli New Member

    Joined:
    Oct 13, 2008
    Messages:
    17
    Likes Received:
    0
    Trophy Points:
    0
    He didnt do that well considering:

    Estimate for one was $2.0mil-$2.5min and it only sold for an eight of that at $250,000, although the monetization thing is something I really wish that I could get into and could become successful in.
     
  5. Jeff
    • Staff / Moderator

    Jeff Canada Administrator Staff Member

    Joined:
    Mar 26, 2008
    Messages:
    4,654
    Likes Received:
    655
    Trophy Points:
    113
    He did well considering the economic situation.
     
  6. RaghavK

    RaghavK New Member

    Joined:
    Sep 18, 2008
    Messages:
    414
    Likes Received:
    2
    Trophy Points:
    0
    estimates of the domain value are, quite often, higher than the actual amount at which the domain is sold at..overall is seems that he did quite well..
     
  7. Jeff
    • Staff / Moderator

    Jeff Canada Administrator Staff Member

    Joined:
    Mar 26, 2008
    Messages:
    4,654
    Likes Received:
    655
    Trophy Points:
    113
    I've noticed that too... I try to be very conservative and realistic in my appraisals rather than post a best case scenario.