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Cambridge, Mass.–(BUSINESS WIRE)–July 21, 2005–Sedo, the leading online marketplace for the buying and selling of domain names, has announced that the domain name website.com was sold for $750,000–marking the highest valued domain sale of 2005. Prior and throughout the transaction process, website.com was supported by Sedo’s Premium Domain Brokerage Program, which enabled the domain seller to generate substantial interest in the domain. In addition, Sedo facilitated each phase of the negotiation and domain transfer process.

”The $750,000 price tag of website.com represents the highest-valued sale in the domain name market this year, and Sedo is honored to serve as the marketplace that matched its seller with an eager buyer,” said Matt Bentley, CEO of Sedo.com. ”By utilizing Sedo’s premium domain brokerage program, website.com was able to maximize interest among domain buyers, enabling the seller to get the optimal price for a premium domain name.”

Sedo’s Premium Domain Brokerage Program is dedicated to exclusively selling premium domains, those .com domains that inherently generate high-traffic and high revenues even before they’ve been marketed or developed into a website. While thousands of valuable domain names are for sale at a given time, Sedo brokers generated interest in website.com by distributing news that the domain was for sale through major forums and media outlets, as well as directly contacting many industry leaders to alert them of the opportunity. With the support of Sedo’s Premium Domain Brokerage program, website.com received more than fifty serious bids — from companies in the domain name, Web hosting, and Web design industries.

Sedo’s Premium Domain Brokerage services have supported many of the highest domain sales in 2005, including Chat.de for $470,000, the third highest valued sale of the year, and Uruguay.com for $175,000, the fourth highest valued sale of 2005.

About Sedo.com LLC
Sedo, an acronym for ”Search Engine for Domain Offers,” is the leading online marketplace for buying and selling domain names and websites. Headquartered in Cambridge, Mass., Sedo has assembled the world’s largest database of domain names for sale, with more than two million listings. Buyers and sellers are brought together through a searchable online marketplace, and conduct negotiations anonymously using an offer-counteroffer system. To facilitate successful transactions, Sedo has introduced a range of related services, including domain name escrow/transfer services, domain name appraisals, a domain brokerage service and paid domain name parking. The success of Sedo’s model has attracted a global membership base of more than 200,000 domain professionals, and helped more than 5,000 businesses start their Web presence off on the right foot with a great new domain name. Sedo offers regional versions of its site for the UK (Sedo.co.uk), France (Sedo.fr), Germany (Sedo.de), and Spain (eSedo.com). For additional information, please visit www.sedo.com.

 

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