When we broke the news of the sale of the ultra-generic domain name, Select.com, the focus was on the amazing story behind its acquisition by domain investor and developer, Mike Bahlitzanakis.
Today, we can safely announce that the premium domain Select.com has been delivered to its new owners, in a transaction that completed at the beginning of May. Per Mike’s statement, the sale was facilitated in two payment installments.
Select.com was acquired by Select Staffing, a “top 10 industry leader in staff placement”, with a national network of over 400 offices, including specialized operational groups such as transportation, medical, finance and information technology.
The domain name Select.com was sold for $120,000 – a substantial return on investment to its initial acquisition cost!
The sale of Select.com affirms that the value of ultra-generic .com domain names remains strong, particularly for those industries that display a healthy growth, regardless of the overall state of the economy.
Once again, congratulations to Mike Bahlitzanakis for his remarkable sale, and to Select Staffing for seizing the opportunity to acquire such a top-tier domain name directly linked to their company and brand.
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Great sale.
Bravo Mike!