WEST PALM BEACH – If you ever wanted to get yourself a nice flashy city, state or regional exact match GEO domain, right now seems like a good time to take notice of your surroundings. GEO, or geographic domain names are web addresses which are exact match spellings of specific places.
“Premium” GEO domains would be considered either entire countries, states or major cities (ending in a .com), and there are a growing number of premium geographic domain names which are currently on the market, have already changed hands, or are included in large portfolio offerings.
This, obviously, reflects either A) a great time to exit for those who believe the market for these domain names has already peaked, or B) a great time to acquire for those who feel the market yields further potential; getting it just right creates winners and losers.
Looking at what’s out there right now, to measure the market, it appears GEO domain names are in a position of weakness and are experiencing an upward trend of ‘sell’ with more premium GEO domain names for sale, than those being acquired.
If you are looking to get your hands on one or even all of these digital city assets in a Goliath sized land grab, here are some names which are ready to go and are looking to be scooped up:
- VIP Brokerage is offering for sale, on behalf of the owners, Arizona.com, Alabama.com, Tennessee.com and Kissimmee.com (This is the broker who recently sold NorthDakota.com and California.com.
- GeoCentric Media is offering for sale, on behalf of the owners, Scottsdale.com, Houston.com, Denver.com, Detroit.com, StLouis.com, Philadelphia.com, Indianapolis.com, Minneapolis.com, Boulder.com, SanDiego.com, Raleigh.com, Oakland.com, Sausalito.com, Burbank.com, SantaClara.com, Mesa.com, Albany.com, LaJolla.com, Shreveport.com
- Tracy Fogarty’s eNaming is offering for sale, on behalf of the owner, Texas.com, which represents the second largest state in the country.
- According to a press release dated May, 2018, Atlantic Ventures and Floridacom Inc were, and likely still are, seeking buyers for both AtlanticCity.com and Florida.com.
- The site Connecticut.com was included in the 2019 NamesCon and NameJet.com auction and received few, if even a single bid (when I checked it was zero); the name likely remains for sale at this time.
- Last year the owners of Malibu.com engaged M&A brokers Millitzer Capital to run an online auction for the domain which received a high bid of $518k but went unsold.
In contrast, a few recent (2018 or 2019) premium GEO domain name purchases were: California.com, LongIsland.com, Austin.com, NorthDakota.com, SanBruno.com, Southampton.com, Crete.com and Cumberland.com.
There are plenty of businesses out there that could afford to clear the table and grab all of these domain names for sale in a single hoarding if they “recognized the value” or were willing to “take the gamble” at grabbing them all, which, realistically, could probably be done for under $30 million; tack on a couple more and I’ll personally develop them.
About The Author: John Colascione is Chief Executive of Internet Marketing Services Inc. He specializes in Website Monetization, authored a ‘how to’ book called ‘‘Mastering Your Website’, and is a key player in several Internet related businesses through his search engine strategy brand Searchen Networks®