Domain sales are going up. Way up.
Just ask the company that handles a good portion of the private transactions.
Just ask the company that handles a good portion of the private transactions.
Orange County, CA March 22, 2012
Afternic and Sedo release weekly sales reports that are reported by a number of domain blogs. DNJournal aggregates reports from these sources and others.
But at the end of the day, public sales figures probably account for about 10% of the domain sales market.
A lot of private sales take place with the help of Escrow.com . The majority of domain transactions the company handles are with end users, and that means most of the transactions it handles are never made public. Its results are a good barometer for what’s going on in the market.
So I reached out to Escrow.com President Brandon Abbey to find out what he’s seeing so far in 2012. He told me the year is off to an incredible start. Escrow.com’s year-to-date domain transactions are up 29% compared to the same period in 2011. Dollar volume is up a staggering 45% with the average transaction size up 13%. I don’t think this is a case of Escrow.com winning more of the market share. It’s already the runaway leader for pureplay domain escrow transactions. Although .com still dominates, Abbey says that ccTLD transactions are up significantly this year compared to last. This is all good news for domain name investors.