Domain name record smashed after schoolboy error

The record for the most expensive .com.au domain name was broken today after the owner of investmentproperty.com.au let the name expire and it was snapped up at auction for $125,000.

Mark Lye, CEO of Netfleet, the domain name aftermarket where the name was sold, said the final price was quite exceptional but the previous owners who let it expire would be kicking themselves.

It’s a schoolboy error really for a domain of that value to not renew it in time, he said — via redwolf.newsvine.com

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