Shane Cultra tweeted out he and Travis sold Niq.com for somewhere close to their $250,000 asking price on BrandBucket.
As I have written about before BrandBucket does delve into higher quality names not just the invented brandable niche. Michael Bilde has sold some quality 4L.coms there for big prices.
These would all be 15% commission unless they got a better deal.
- 30% for names below $10,000 USD
- 25% for names between $10,000 USD and $50,000 USD
- 20% for names between $50,000 USD and $100,000 USD
- 15% for names above $100,000 USD
Niq.com has been owned by a few well known players in the domain industry.
It originally sold on Namepros for $8,750 when Michael Sumner of Namebio sold it.
Shane and Travis smartly acquired the name on Sedo for $19,000, a little less than 18 months ago. Any name ending in IQ under $20,000 is an excellent buy in my opinion.
Congrats to Shane and Travis, well done.
Now the transaction is final I can give some details.
Sold: NIQ. com
Amount: Against TOS but can say listed for $250K and were close enough to close deal
Details: Owned by Travis and I at DSAD. Brandbucket did all negotiation & was amazing . Only 15% .
— Shane Cultra 🦋 (@DomainShane) August 4, 2020