I was shocked.

Almost a year ago, I entered negotiations with a dot tv (.tv) owner related to the purchase of his/her domain name.  The seller wanted a $xx,xxx price.  It wasn’t worth that and after asking the seller to justify the price and discussing the merits of his arguments, he finally lowered his price to $x,xxx…

I predict that the business of domain leasing will grow significantly in the next few years as more domain owners choose to delay capturing a domain name’s appreciation.  It is an area of specific interest to me because I do not foresee capturing the value of some keyword generic .tv names in my portfolio for a few years. 

In its basic form, domain leasing involves a periodic or fixed payment ("Lease Payment") made by the person leasing the name (the “Lessee") to the domain owner (the “Lessor") for a specific time period (the “Lease Term"). 

During and for the length of the Lease Term…

I noticed that James informed the .tv community on NamePros that he (and one of his business partners) initially received a $25,xxx offer for IT.tv.  James commented that the offer was later increased to $30k.  The domain, according to James, carries a $5k/year renewal fee...ouch!

It seems that James believes this is one of this top domain names and many think he could fetch a six figure amount in a year or two.  No news on whether he intends on accepting anything close to the offered amount, but congratulations to James, who managed to have the capital and knowledge of the .tv extension to snag IT.tv when it was available.

De.tv was sold on the 12th of May for $21,500 in a directly negotiated sale between me and John van den Berg.

I was a 50% owner in DE.TV along with one of my business partners, Timothy Suggs.

John van den Berg is a well known and very much respected domain investor, with a particular love for the .tv extension.

In my negotiations with John, we both felt that if we were to reach an agreement on the price, then we would be making it available for public consumption and reporting the sale to DN Journal.