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.
Thank you for this post, now it makes sense why it sold so low the company closed.
Guess they forgot about the domain. They could have got more selling in 2007. Great buy for the new buyer.