Geo domains differ from other premium domains in one very important aspect: development. Unlike generic premium domains like flowers.com, baby.com or books.com, which can be easily monetized using the Pay-per-Click model, Geo domains typically have little to no type-in traffic. As such, domain development is standard operating procedure for Geo domains if they are to earn their keep.
Regardless of this drawback, Geo domains–notably country, city, or state Geo domains–are some of the most valuable domain properties on the internet. One of the most notable sales included a package of England.com, Britain.com and London.com, which sold for $2 Million in 1999. That may have been a decade ago, but that spectacular figure is followed by the $700K paid for Melbourne.com in 2007, $550K for Macau.com in 2006 and $500K for NewZealand.com in 2003. Even LasVegas.com, which was only leased to the Greenspun family for 100 years, sold at a whooping price of $12M in 2005.
Geo domains have a high market and resale value, mainly due to the fact that premium pure Geo domains (“pure” label explained below,) seldom change hands and are very limited in number. There’s also the so-called trend of “going local”, and these regional target markets further enhance the value of Geo domains. In a nutshell, people are now using the internet more to search for local services, locally available products and local information.
As internet searches become more useful in the local scope, we can expect the prices of lesser-known Geo domains to become higher still. They will become even higher as more and more Geo domainers develop their properties; the rise of online local advertising almost assures it.( Source: http://www.chefpatrick.com/developing-a-geo-domain-part-1/)
Ensuring the safety and security of every transaction is very important to us. Therefore, all payments, domain name transfers, and escrow arrangements are done through godaddy because they are the registrar for all of our domain names and they accept all major credit cards and paypal.