From $75k purchase to $400k sale – another great flip from Braden Pollock
So you know the punchline but you don’t know the name, so let’s get to the good stuff, and there’s double good stuff in this announcement. First the name, Braden purchased WorldClass(.)com for $75,000 and like the title of the post says, he flipped it for $400,000. That alone is pretty darn impressive. But what makes this sale even more interesting is the timeline – Braden’s total hold time for the domain was (drumroll please ) – four and a half months. Yes, in less than five months Braden was able to book a $325,000 profit on a two-word .COM, and as many will say, a world class two-word .COM.
Executing a flip like this takes guts and takes real capital since $75,000 is no small sum to put into a domain investment. I think a lot of domain investors would have been thrilled to sell the domain for $150,000 and double their money in 4.5 months. Pricing at $400k might seem crazy to some people, but investors like Braden know how much names like these are worth and they aren’t afraid to ask for it. While it can be easy to want to just take the money when you get an offer, this is a great example of knowing the quality of the asset that you have and selling it for what it’s really worth.
There’s no doubt in my mind this domain will make a huge impact for whoever bought it, there’s only one WorldClass(.)com and they now own it – I can’t wait to see what they do with it. So congrats to Braden and congrats to the buyer, this really is a win-win
Source: https://morganlinton.com/from-75k-purchase-to-400k-sale-another-great-flip-from-braden-pollock/?utm_source=rss&utm_medium=rss&utm_campaign=from-75k-purchase-to-400k-sale-another-great-flip-from-braden-pollock
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