Jets.com bought for $375,000

Today Jets.com has been reported as being sold by Sedo.com

The sale is listed on the homepage of their site in reported sales section. See screenshot below:

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There is no indication who the buyer is yet as the whois is still showing ’sedo transfer service’. The domain was registered in 1997 and whilst the sale price is higher than i would have expected, it fits nicely into an example i often give non-domainers into why domains can be worth so much.

Particularly, ‘if’ this domain is going to be developed and used for the sale of private jets, then how many sales will it need to recoup the initial outlay? 1? 2?

You get my drift, targetted traffic on a TOP end product like this, however small the traffic , could result in big sales profits. Developed this domain should do extremely well, also there is the subdomain possibilities……………….

Lear.Jets.com  , Private.Jets.com , Business.Jets.com etc.

I’m surprised this name has been left to rot as a lazy sedo parked page for all these years though, especially a sedo one, as they seem to be amongst the ugliest, and they have the worst payouts in my own personal experience.

Sedo seem to be breaking all sorts of records this year though, in the number and size of their sales, especially during a recession.

The domain industry is alive and well, about time regular domainers woke up to this.

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Image courtesy of: http://en.wikipedia.org/wiki/File:Raytheon.hawker.800.arp.750pix.jpg