A Sale Does Not Count Until it is Paid For
Posted by Caycee Boyce , Monday, 14 April 2008
Via Rick Latona’s blog:

    "A lot of people are emailing me about Sedo’s auction of Dollars.com that is going on right now. They ask because they know that I sold the name for 650,000 dollars just this past July.

    Right now the auction is at 750,000 Euros with four days left in the auction.

    I want it to sell for millions. I have no regrets as I did well when I sold it. Stephane and the folks at Virtual Network SA are also good people and they deserve to profit on the deal.

More importantly, Sedo’s auction of Pizza.com and this auction of Dollars.com are proof that the domain market can survive and thrive during a recession.

    I still have tens of thousands of domains left. I’ll make far more money by the market continuing to rise than I ever could have made had I held on to Dollars.com for a bit longer."

Rick Schwartz has this saying: Nothing Counts Until A Sale Is Made.

I’m going to add to it here a little: A Sale Does Not Count Until It Is Paid For.

Pizza.com as far as I know is still pending, same goes for pizza.net, and who knows if the bidding for dollars.com is real or not. If we are looking for proof of market conditions we should look at paid deals, not what may very well turn out to be a market illusion.

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Source: Posted on TheConceptualist by Sahar Sahid -- Reprinted with permission -- April 14, 2008 

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