Parked and Wasted Domains ?

[woopwoop]

That's really great - and the first time I've seen a family business with a top generic!

 

[Ging]

This is a great discussion.

This is why he can sit back and wait for a crazy high offer which may or may not come. Like someone said it's only £3/year for him to keep it. Even if he keeps it for 20 years he just needs to add £60 to his asking price (and maybe inflation depending on how he values it in future).

Plus you don't know the pices he's been offered in the past or how many offers he's received. I think you mentioned that it isn't such a common word but he thought about registering it....

I cannot ever see it realising the price he was looking for. This was last year and my recollection was about £45K for the domain. The potential buyers have been market leaders for over 20 years in the business assoiciated with the domain word and have no real competition, hence it was seen as a vanity domain purchase by them.

The owner was extremly difficult to track down. Solicitors/accountants/other non domaining companies as contact details etc.Like you say it is probably a hold until someone pays what the current owners wants for it.