While there were many sales of domains in 2012 and the year is close to over but not yet done, here are the top sales. The list below includes just those sales of domains over $500,000. Domain investing can be a risky business but occasionally pays off big. Considering you can get a domain for a yearly fee around $10 and sometimes less, the payoffs below were substantial considering the initial investment.
Domain Sales over $500,000
Topping the list is investing.com’s domain bought by Forexpros.com.
Selling Something You Never Owned
What I find most interesting is the fact that while you never truly own a domain you can still sell it. When you pay a yearly fee for a domain you merely have the right to point it at any server you like. As each domain is unique there can only be one with the right to point the domain. You are really only renting or leasing the domain. There are ways that a domain can be taken from you, the process is not easy but it is possible. Typically if a domain is taken from you it is due to a trademark dispute. However do not let that discourage you as investing in domains can be profitable.
If you are investing in domains you need to consider the fact that you have to pay a fee every year. To keep from losing the domain you need to pay the fee on time. Most registrars will allow you to setup a payment method to assure you do not lose the domains. You can also pay for multiple years at a time, many will allow up to 10 years so there is no excuse for losing a domain.