Have you heard yet about the domain name YouPay.com? YouPay.com went for a whopping $200,000. It's more like overrated and overpriced YouPay.com oversold for $200,000.
Why should YouPay.com sell for 6 figures? The owner of MostWantedDomains.com and WWMI, Mike Berkens, probably knew this buyer had deep pockets and made sure they overpaid for this domain name. We see far better generic domain names sell at much lower prices. These domain sales are good deals, which we can't say for YouPay.com.
In our honest opinion, any domain name that sells on the MostWantedDomains.com domain platform is overpriced. Don't waste your time offering any price less than $2,500 because you will get rejected, even for poor domains with no market value.
If you are an end-user, good luck acquiring your domain name for a fair price. MostWantedDomains.com is all about maximizing domain sales. We can either praise Mike Berkens for his domain selling skills or dislike this guy for reaping the benefits of end-users that missed the boat - i.e. BoatingIndustry.com domain sale to Boating-Industry.com.
This week's overpriced sale is YouPay.com, another over-the-top 6-figure domain name. Maybe YouPay.com will follow the PayPal.com trail, or end up being the worst investment ever. Good luck to the end-user on developing this domain name into a profitable online company.