A failed promise to deliver a $9 computer leads to a domain name expiration and an $8,850 close.
One of the complaints I read a lot on forums from those who have dropped out of the expired auction game, is that the pricing is just too high for a lot of names.
Sometimes end users sell on the low side, something that BuyDomains does in the opinion of many. They are not looking for the home run, they want to keep sales moving at a price that appeals to small and mid sized businesses.’
Other times it’s an SEO/Backlink play
In 2015 BuyDomains sold GetChip.com for $4,388. The domain was left to expire and closed at $8,850 on GoDaddy auctions. GetChip.com was owned by The Next Thing Co and was going to offer a $9 computer.
They raised millions on Kickstarter.
GetChip is registered in 13 extensions.
GetChip.com has a trust flow of 17 and a citation flow of 25 according to Majestic.com.
Domain Authority of 53
Domain Rating 61
10,417 79% dofollow
1,567 73% dofollow
So in this case the value is in the SEO opportunities of the domain name GetChip.com.