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Domain names are Internet Real Estate – location, location, location

Chess - Illustrative Purposes

Kipp talks to Keith Shanahan about the 'diamond in the rough' that is the domain market on the Internet...

October 8, 2012 9:57 by



When owning names like TheMiddleEast.com, Dubai.com, Russia.com or any other geographical name for that matter, is there ever governmental intervention and legal restraints?

No, not at all. Governments usually use  dot gov or their own personal domain name for their area anyway. There are no legal restraints to owning geographical names on the Internet. It is as free as the Wild West. There was once an incident where the Mexican government wanted to take the name Mexico.com from the owner, but they weren’t legally allowed to.

Wouldn’t they worry about maintaining a certain standard of quality though?

As I said, most governments have their own portals and dot coms are the most valuable of suffixes. They are much more valuable than .net or .org. If you are looking for a website, would you instinctively search for .net or .com?

Secondly, if the owner of a name builds a website with ‘distasteful’ content then that’s a different story and the website could be blocked. But we are talking about wealthy people here and they generally either keep it as an investment or build a strong travel or hospitality website on it.

Is there a huge difference in value between the dot coms and the dot nets?

Well, dot nets tend to be almost 100 times less valuable then a dot com. It’s a first come first serve scenario and the owners of .net and .org may not build a website on those suffixes because the dot coms are the real money bringers.

How does one buy or sell a domain name from a current owner?

Usually, the owners of domain names are all publicly listed and there is a good deal of transparency on Network Solutions and buydomains.com. The buyer and seller make an agreement on the price and there is a U.S. company called Escrow.com that sets up the transaction and ensures financial security on both sides. They monitor the record of ownership. Once the funds are transferred to the seller, the domain name is released and kept under probation to ensure that it has been permanently transferred. It is an extremely secure process.

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Shanahan says that above all, valuable domain names are a long term investment. TheMiddleEast.com might be best suited for a Middle East Royal Family who sees that the Internet Domain name is not just something to be used today, but rather an investment in the future of the communications world. Consider it vacant land to be held until the right time to develop.

“Only one Royal Family from The Middle East will control this unique area of the world in the DOT COM cyberspace,” he says. “The potential return is huge and the price of $2.5 million for TheMiddleEast.com is cheap! In ten years it could be worth $20 million! And in 50 years $100 million!”

Shanahan also stressed on the potential benefit that Middle Eastern airlines including Emirates and Etihad could reap from having the association or ownership of a popularly searched name. “It’s just a matter of who sees the vision of the future first, and who wants to be ranked in Google in the number one position when the 2.7 million people per month search the words “The Middle East”. Either you are a visionary or are left behind. There is only one TheMiddleEast.com.”

Anyone interested in purchasing www.TheMiddleEast.com can contact Mr. Shanahan at [email protected] or at 561.543.6625 in the USA.



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8 Comments

  1. Yuli on October 8, 2012 10:50 pm

    I think that name Keith Shanahan sale for 3.billion he is smart men yes I think is good to buy Royal name that always put people in better potition.

     
  2. Reality on October 9, 2012 5:36 am

    This name isn’t worth 250,000…let alone 2,500,000.

    In fact, it’s safe to say this name isn’t worth 25,000 USD.

    Research recent SALES not recent PR to discover the potential of Generic domains.

     
  3. M. Aldalou on October 9, 2012 8:32 am

    Kippreport appreciates all your comments and feedback.

     
  4. Mark Thomas on October 9, 2012 7:43 pm

    It would be a wise business decision for an individual business or corporation to utilize
    the traffic from such a highly visited site and world recognized region. It’s potential is limitless!

     
  5. Really on October 9, 2012 9:03 pm

    @ Reality

    So what makes you think it is only worth 25,000 USD when there are thousands of domains that sell for well in to 6 Figures ?

    All Domains are unique, like Number Plates

    Back you statement up with facts, Prove it!

     
  6. Keith Shanahan on October 10, 2012 12:22 am

    Sheikh-Mansour-bin-Zayed-al-Nahyan shells out $5.8 million for entertainment expenses for his nieces Birthday party!!!

    http://www.elephantlifestyle.com/live-large-h-h-sheikh-mansour-bin-zayed-al-nahyan_25.html

    TheMiddleEast.com not worth $25,000???

     
  7. Keith Shanahan on October 10, 2012 12:34 am

    Do you still think $2.5 million is too much for TheMiddleEast.com? In 2008, someone in Abu Dhabi (United Arab Emirates) paid over $14.0 million for a license plate for a car…$2.5 million now sounds a little cheap for a premier dot com address that connects over 7 billion people on the planet…a license plate for an automobile…$14 million? Come on…

    Abu Dhabi License Plate Fetches $14 Million, Sets World Record!!!

    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJ8EZTdrItjs

    This is TheMiddleEast.com, the most well known Geographical Region in the World! The center of World News Today! The richest people in the World with billions in oil revenues…it’s not just a one country dot com address, it’s the whole Geographic Region…The Royal Families spend $10-$20 million on a one night birthday party for their children or nieces…$2.5 million is cheap for the one Royal Family that understands that there is only one domain known as TheMiddleEast.com…and it’s not a ONE night party…they own and control The Middle East in cybespace F O R E V E R!!!!! AND EVER!!!!! AND EVER…

     
  8. Rick Glaser on October 11, 2012 1:18 am

    It’s worth whatever you sell it for. I wish you the best of luck and hope you will let us know what it goes for.

    What would you value MiddleEast.com at if this domain is listed for 2.5?

     

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