Garry Chernoff sells adnet.com for $60,000, a name he bought for only $1,000

RevNet

Garry Chernoff has sold another one of his domain names from his portfolio of thousands. 

Garry notified me by email that he sold the domain adnet.com for $60,000 USD, a name he acquired in 2005 that was originally registered way back in 1994.

I asked Garry if he could tell me something special about the transaction and he said that he purchased the name for only $1,000 from the previous owner.

The domain was sold to Doug Petrie of RevNet LLC, a data monetization company that owns and operates a number of websites including revnet.com, callnet.com, revoffers.com, listmanagement.com and monetization.com. 

Garry has been racking up some nice numbers in 2011.  In March he sold the domain name bluejeans.com for $150,000 and doorhardware.com for $85,000.  One of his most notable 2011 sales belongs to gamesforgirls.com for $500,000 which sold to gaming company Gamegos.

1 comments
rob
rob

he is on fire this year, and sales like this show that good domains still hold value. internet traffic expected to quadruple by 2015 I just saw, that's a lot of domains that will be needed!