Social.org Sells for $228,600 on NameJet
The auction for Social.org closed at a price of $228,600 on NameJet this afternoon. Bidding during the final minutes of the auction extended it more than three hours past its scheduled ending time. The winning bidder was “qgpfexzorg,” and there were five active bidders above the $50,000 mark (three above $200,000).
Late last year, Social.com was sold for $2,600,000 in a deal co-brokered by Moniker and Marksmen. Fusible reported that SalesForce.com acquired Social.com, although I don’t believe the company has publicly confirmed the acquisition.
Last week, I ran a contest on my blog to see who could guess the sale price of the domain name, and the person who guessed the closest would receive a $200 NameJet bidding credit from me. There were guesses that ranged from a low of $8,500 to a high of $1.2 million.
The person who guessed the closest number to the actual sale was Bruce Tedeschi, who guessed a sale price of $230,000, off by $1,400. Congratulations on making the best guess. I will be in touch with you soon to ensure that the bidding credit is delivered to the proper account.
Congratulations to the seller and to NameJet on this successful domain sale. It will be interesting to see who bought the domain name. I am a frequent NameJet bidder, and I did not recognize the winning bidder’s user name, so perhaps it was created specifically for this auction.
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Rich
I was pretty close.
I said $200k
March 23rd, 2012 at 7:48 pm
Kardin
That’s way over bid. It will be re-auctioned soon. Don’t send $200 to the winner yet.
March 23rd, 2012 at 7:58 pm
Josh
Hhhmmm, end user, dead beat or big gambler, either way let’s see
March 23rd, 2012 at 9:10 pm
Seth
Where does this rank among the highest org domain sales?
March 23rd, 2012 at 10:27 pm
Carlton F.
What happens if the buyer don’t pay? Does it get auctioned again or go to second high bidder?
March 23rd, 2012 at 10:29 pm
Derek
Seth, not even close
March 23rd, 2012 at 10:46 pm
Adi
@Kardin – I like your site/tools on the site.
March 23rd, 2012 at 10:55 pm
Elliot Silver
@Derek
Was Poker.org the highest .org sale at $1m? http://techcrunch.com/2010/02/17/poker-org-sold-for-1-million-most-ever-for-org-domain/
March 23rd, 2012 at 11:25 pm
BullS
SUcker buyer…opps…ignorant buyer–will regret for the rest of his/her life …impulse emotional buying…stupidity
dot com is king!!!
March 23rd, 2012 at 11:44 pm
Mike
Intresting!
March 24th, 2012 at 2:10 am
Kardin
I remembered COPY.COM was sold at Namejet for around 100K – Didn’t expect Social.org sold for 228K.
@Carlton F : I believe if buyer don’t make payment in the next 3 days (not sure 3 days because 228K is a lot of money and need to do wire transfer), then the domain will available in the public auction.
@Adi – Thanks for liking my site BulkSeoTools.com
March 24th, 2012 at 2:14 am
Rod
To those who think the guy who bought this is a sucker:
Have you thought if “Facebook” was built on a name such as this what that would have been like?
It would have been Treeeeeeeeeeeemendouuuuuuuuuuuuuuuuuuuuus!!
March 24th, 2012 at 8:43 am
Donfelix
Social.com and social.org sales are real proof of the growing peak and interest in social web commerce. The trend is likely to continue through the next decade. This gives me hope for sociobutton.com : sell it for 5% of social.org price or start a social web magazine inside.
March 24th, 2012 at 12:07 pm
Bruce Tedeschi
Thanks for the $200 credit Elliot
March 24th, 2012 at 12:12 pm
Gnanes
Buyer gets a month to pay for the domain.
March 24th, 2012 at 2:18 pm
40z
I’d wager a bet that the buyer was the same company that bought social dot com.
Defensive strategy.
March 25th, 2012 at 11:07 am
cloud-based.org
Wow seemed only a couple of days ago I saw it sitting at 7k man that thing took off!
Congrats to the new owner…which is, well congrats.
March 26th, 2012 at 12:27 pm