Hmm... I need to find out myself. I don't know what is the answer to your question. I'll do some research in Google and get back to you if I find an decent answer. You should email the people at Godaddy as they probably could give you an answer..
I think you my be right..
$750K is a huge sum of money, but an awesome and rememberable HostGator like website.com should have been sold for more than $1 million..
Who is the previous owner? Wish I was the seller..
So DotEasy is the new owner or was the owner?..
WOW ! thats a lott of money ... I wish I was on the selling end..
Lol@"I would hold out for a million".
Yeah right! When someone is waving 750,000 bucks in your face and saying take it or leave it. You suddenly realize how many domains you could buy with that...
If you owned a 2005 Tahoe, that's a great vehicle..
If someone waves $10,000 in your face, are you going to take it?.
Even if you didn't buy the car, but it was a gift somehow..
So you have nothing to really <lose>, the $10,000 is all profit..
If you'd take it, you have a few screws loose.
Now I don't know if the previous owner bought the name for some huge amount, hoping to resell it for more, but....
Even still, knowing when to hold 'em and when to fold 'em is part of the game..
True, the previous owner of cool.com held out a $10m offer for the name back during the dotcom boom and finally let it go to elequa for $30k..
It is becoming very apparent that a lot of HostGator owners are trying to sell out as the so-called demand curve moves up. Sure you get the occasional expensive sale through fluke, for hundreds of thousands of .COMs that don't. Just like how lightning strikes, the probability and odds are the same...
I think this is an excellent consideration. This is another example of how for one to be rich another must be poor. And no I don't mean that in a literal sense..