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Back
in 1999
Shane Kinsch, who has been
the Chief Technologist at NetraCorp
LLC for the past 15
years, was able to hand register
FTA.com for a grand total of $70
- a price that will have all of us
thinking "where is a good
time machine when you need
one!" In the more than
two decades since then, three-letter
.coms have become one of the
most consistently valuable assets
in domain names (the real estate
of the digital world). Kinsch's
foresight paid off in a big way
Thursday when he sold FTA.com for
$400,000 to a confidential
buyer who was represented by
broker Mark
Burgarelli.
That
makes FTA.com the 4th
biggest domain sale reported so
far this year,
trailing only Christmas.com ($3.15
million), GoBet.com ($850,000) and
another three-letter .com, ZAG.com
($450,000). We will officially add
the sale to our charts when we
issue our next bi-weekly domain
sales report on
Wednesday evening, March 17.
FTA.com also gives Shane two
of the two biggest sales reported
year to date. He already had #18
(tie) LiteBit.com on the
chart after selling that domain in
January for $50,000.
Shane's
year has obviously gotten off to a
great start - and that is true of
the industry at large as well.
Last week, RightOfTheDot.com
(ROTD) had three
blockbuster sales in their live
online domain auction
- Bird.com ($2.5 million),
Fish.com ($1.6 million) and
Tattoo.com ($750,000). Those will
be added to our charts when the
transaction close with final
payments made and the domains
transferred to the new
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Shane
Kinsch
Chief Technologist, NetraCorp LLC
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owners.
ROTD may be adding others to the leader board because they have many other
high profile domains that are in a companion online auction that is still
underway. That one was originally scheduled to end March 4, but with
so many strong new submissions coming in, it has been extended to Thursday,
March 11.
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