1 (edited by: Esdiel Apr 08, 2021 07:16 pm)

Topic: LGP.ca - Sold for 2K USD @ Sedo.

The sale of LGP.ca was included in Sedo's bi-weekly sales' report, which was released about an hour ago. We should know the "exact" date once Namebio adds the sale to the charts.

Looks like the previous owner had it since 2001-10-16.

The top sale was 509.com, which sold for 106K USD.


https://domaingang.com/domain-news/sedo … at-106000/

Liked by: dancarls, moosk, Nafti

2

Re: LGP.ca - Sold for 2K USD @ Sedo.

Wow, that's a long time to hold for $2K.

3

Re: LGP.ca - Sold for 2K USD @ Sedo.

DomainRecap wrote:

Wow, that's a long time to hold for $2K.

If you go by the "sell 1-2% a year" mantra, not really. About on the mark.

Candy is childhood, the best and bright moments you wish could have lasted forever. - Dylan Lauren

4

Re: LGP.ca - Sold for 2K USD @ Sedo.

aactive wrote:

If you go by the "sell 1-2% a year" mantra, not really. About on the mark.

I only meant that if I've held a 3-letter for over 2 decades, I'm going to be looking for more than $2K as my payoff.

5

Re: LGP.ca - Sold for 2K USD @ Sedo.

DomainRecap wrote:

I only meant that if I've held a 3-letter for over 2 decades, I'm going to be looking for more than $2K as my payoff.

If I waited 2 decades to sell 3-letter .ca for 2K ... I'd'sell it for 2K.

Candy is childhood, the best and bright moments you wish could have lasted forever. - Dylan Lauren

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Re: LGP.ca - Sold for 2K USD @ Sedo.

aactive wrote:

If I waited 2 decades to sell 3-letter .ca for 2K ... I'd'sell it for 2K.

Not me, and I'd look for $5K just on principle alone.

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Re: LGP.ca - Sold for 2K USD @ Sedo.

I would agree with DR. It comprises a great combination. I would imagine that there was money left on the table but wouldn’t know what went through the sellers mind at that time.

8

Re: LGP.ca - Sold for 2K USD @ Sedo.

It all depends on many factors. There are some names you may never get an offer on and eventually when you do and it’s 20 years later you may take it.

It’s easy to do if your acquisition cost was $10. It makes 2K a great ROI. Even if it’s 20 years later.

Would I sell for 2K? No. Nonetheless, better than sitting on a bunch of names that you can’t sell and eventually may drop.

9

Re: LGP.ca - Sold for 2K USD @ Sedo.

The longer I hold a domain with no offers, the more likely I am to sell it at a reasonable price. The guy got a 10x return, or he could have held out for more and risked holding it for another 20 years.

10

Re: LGP.ca - Sold for 2K USD @ Sedo.

What will LGP be used for I wonder?

(formerly hugegrowth in my past domainer life)

11 (edited by: Esdiel Mar 11, 2021 10:28 am)

Re: LGP.ca - Sold for 2K USD @ Sedo.

DomainRecap wrote:

Not me, and I'd look for $5K just on principle alone.

^^ I have to agree with this, personally/generally speaking. ^^

clarkemarketing wrote:

The longer I hold a domain with no offers, the more likely I am to sell it at a reasonable price. The guy got a 10x return, or he could have held out for more and risked holding it for another 20 years.

I also totally understand this, especially if you have a huge portfolio (otherwise, not so much for this domain).

theinvestor wrote:

It all depends on many factors

And this is very true too. Maybe the person has thousands of domains and needs some movement. Maybe they are sick and/or need money. Maybe they sold it to someone they have a connection with. They might even be 70+ years old and don't feel like they can risk waiting much longer. Maybe another domainer acquired the domain as part of a portfolio purchase recently, and is simply happy to do a quick flip to get some of his/her money back. Who knows.

domains wrote:

What will LGP be used for I wonder?

I suspect a company called "PRESCOTT LGP FACILITY INC." bought it. I'm not sure who they are or what they do, since they are a new company.

12

Re: LGP.ca - Sold for 2K USD @ Sedo.

LGP.ca has a website up. The buyer was "Stratégies Immobilières LGP" (aka LGP Real Estate Strategies).

I believe they only went live today, and they just posted their first 3 blog posts within the last 5 minutes.

Their older website is still up and running too: StrategiesLGP.com

Below is how they describe themselves on LinkedIn, where they also have their new domain showing.

Note that it may not be 100% accurate, as I translated it to English using Google Translate since there's not much French talk here:


About us

LGP Real Estate Strategies (LGP) is the only real estate development integrator that offers pre-development services (development planning) in Quebec. It is the conductor who can ensure that all stakeholders hired by the client are working on the fastest and least expensive completion of the project.

LGP optimizes development concepts while respecting urban trends and then coordinates the work of engineers, architects, lawyers, financiers, accountants, land surveyors and other specialists who generally work on the project.

Whether it is to exploit a totally virgin land (greenfield) or to reconvert a lot already partially or totally occupied (brownfield), the realization of real estate, industrial, commercial or recreational tourism projects is based on the perfect control of a network countless interrelated tasks.

It is known: too many groups can negatively influence the smooth running of a real estate project. Environmentalists, immediate neighbors, pressure groups, municipal and government authorities can delay and even abort even the most well-crafted projects.
You are a real estate developer, professional in the field of construction and related services or an individual wishing to carry out a project, here is a summary of our main services offered: