Local.com Domain Resold for $700,000

New domain names can't get much cheaper, but the secondary market continues to see big-ticket sales. Local.com was bought for $700,000 Monday by search engine services firm Interchange Corp., which operates the ePilot pay-per-click advertising network.

Pricing was stable in the market for first-time domain registrations, with no major price movements among the largest hosting companies and registrars. Netfirms has the current lowest price for a one-year .com at $4.95. Yahoo once again extended its $4.98 a year "limited time offer" as it launched a new Small Business Resource Center.

Retail Domain Name Prices, March 2005
Company One-year
.com price
 Primary Business  Primary Region
Netfirms $4.95 Shared Hosting America
Yahoo $4.98 Shared Hosting America
1&1 Internet AG $5.99 Mixed Hosting Europe
EV1Servers $6.49 Dedicated Hosting America
Hostway $6.95 Shared Hosting America
Stargate $6.95 Shared Hosting America
Interland $7.95 Mixed Hosting America
Web.com $7.95 Mixed Hosting America
AIT Domains $7.99 Mixed Hosting America
Go Daddy Inc $8.95 Domain Registrar America
RegisterFly $9.99 Domain Registrar America
Netcetera $13.41 Mixed Hosting Europe
Dotster $14.95 Domain Registrar America
FastHosts/UKReg $16.65 Mixed Hosting Europe
Pipex/123Reg $17.22 Mixed Hosting Europe
Network Solutions $34.99 Domain Registrar America
Register.com $35.00 Domain Registrar America

In other domain news, The U.S Commerce Department has banned the sale of proxy registrations for the .us top-level domain. Proxy registrations allow domain owners to keep their identity and contact information out of the WHOIS database. The domain is purchased by a registrar on behalf of a client, who pays a fee for having their details remain unpublished.

The decision has been vigorously contested by Go Daddy, which has registered more than 23,000 private .us domains through its Domains By Proxy business unit. Go Daddy and other registrars fear the .us restriction could set a precedent that could later be expanded to other top-level domains.