A rare domain, registered in 1998, is currently available for auction. The domain name, related to vodka, is highly valuable and comparable to a similar-sounding domain that sold for $3 million in 2006. This domain is deemed ideal for various ventures, such as online businesses, nightclubs, or restaurants, due to its market potential.
Regarding the transfer process, it is noted that the timeline can vary depending on the buyer's provider, with completion potentially taking up to 14 days. The seller clarifies that transfer times are beyond their control once initiated with the buyer's registrar. Additionally, buyers have the option to use an escrow service to facilitate the transaction, with both buyer and seller agreeing to split the related escrow fees. Importantly, this auction solely concerns the domain name itself, as no website is associated with it.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.