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September 30, 2019

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Name Ninja Bill Sweetman Closes $565,000 Sale of Carrot.com as Buyer Pays Off Balance Early

Back in April  I told you about Name Ninja Bill Sweetman putting together a $600,000 dealt to sell Carrot.com to an SaaS firm named Carrot that wanted to upgrade from the domain they had been using, OnCarrot.com. Since then, the buyer has been making full use of the Carrot.com while making payments on a schedule that was to continue for several more years. 

The new domain apparently had an even more positive impact on their business than the buyer anticipated because they decided to pay off the entire balance due immediately in exchange for a reduction in price to $565,000. The final payment was made last week which will allow us to add Carrot.com to our official charts when our next weekly domain sales report comes out Wednesday evening (October 2, 2019). Carrot.com will rank among the ten biggest sales reported so far this year, coming in at #8 on our Year to Date Top 100 Chart (assuming no larger sales are reported over the next 48 hours).

The sale also gives Bill another feather in a cap that is already well decorated from his past high end sales. In fact, Sweetman just closed an even bigger sale - $1 million for a short one-word .com but that one is subject to a non-disclosure agreement as most high end sales are.

Name Ninja Bill Sweetman

(Posted September 30, 2019)  

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