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.
Richard says
July 18, 2012 at 7:53 amThank you for this post, now it makes sense why it sold so low the company closed.
Dman says
July 18, 2012 at 7:58 amGuess they forgot about the domain. They could have got more selling in 2007. Great buy for the new buyer.