Sedo has entered an exclusive agreement with Sex.com owner Escom to privately broker the sale of the domain name.
Sex.com was sold to Escom in January 2006 for a reported $14 million price, widely cited as the highest priced domain sale in history. As of February 18th, 2010, the domain name has been ordered to be sold at a foreclosure auction.
As of March 18th, 2010, in a last minute twist to the story, the foreclosure auction looked likely to be cancelled as creditors of Escom filed an involuntary Chapter 11 bankruptcy petition against the company in the United States Bankruptcy Court for the Central District of California. This action was taken by creditors to prevent a possible loss of value by selling the name as a foreclosure auction.
The Central California Bankruptcy Court earlier this month issued an order approving a settlement between the managers of Escom, which basically meant that the company could move forward with trying to sell the domain name via Sedo.
If you’re interested in getting your hands on it, you can email Sedo at firstname.lastname@example.org.
Sedo offers our users all the tools needed to buy and sell domains among a community of users stretching around the world, including domain appraisals, brokerage services, promotion and last, but not least, Sedo’s popular domain parking program.