VoteSmart

Domain Flipping in the Political Arena: HarrisWalz.com Sells for $15,000

Synopsis: Following Vice President Kamala Harris's announcement of Minnesota Governor Tim Walz as her running mate, the domain "HarrisWalz.com" was sold for $15,000. The previous owner, Jeremy Greene Eche, purchased it for around $9 in 2020, capitalizing on his strategy of domain squatting. This transaction highlights the lucrative potential of domain flipping in the political sphere.
Sunday, August 11, 2024
HW
Source : ContentFactory

In a noteworthy transaction, the domain "HarrisWalz.com" was sold for $15,000 shortly after Vice President Kamala Harris revealed Minnesota Governor Tim Walz as her 2024 election running mate. The domain's previous owner, Jeremy Greene Eche, acquired it for approximately $9 in 2020, reflecting a substantial profit from his speculative venture into domain squatting. This sale underscores the burgeoning market for politically themed domain names.

Jeremy Greene Eche, a New York City trademark lawyer, is known for his domain squatting activities, where he purchases potentially valuable web addresses with the intention of reselling them at a premium. Eche's strategy involves targeting candidates likely to gain prominence in future elections. He acquired "HarrisWalz.com" in anticipation of Harris’s potential running mate and later sold it for a significant profit.

Eche's domain acquisition strategy was not limited to just this address. He also secured other politically significant domains, including "HarrisPritzker.com" and "HarrisFetterman.com," reflecting his broad approach to capitalizing on emerging political trends. Eche noted that while he did attempt to acquire "HarrisShapiro.com," it had already been registered, illustrating the competitive nature of this niche market.

This is not Eche's first foray into high-profile domain sales. In the run-up to the 2016 election, he sold the domain "ClintonKaine.com" for $15,000, following Hillary Clinton's announcement of Tim Kaine as her running mate. The buyer of this domain was Brad Parscale, a senior adviser for Donald Trump's 2020 campaign, who utilized the domain for political messaging against the Democratic ticket. Eche admitted he was unaware of the buyer’s identity at the time of the sale.

The practice of domain squatting, where individuals acquire domains with the intent of reselling them for profit, has been a fixture in the political arena. For instance, the domain "TedCruz.com" was used during the 2016 Republican primaries to promote rival political content rather than supporting Cruz's campaign. Such incidents highlight the strategic value of domain names in political campaigns.

Eche remains active in the domain market, holding several addresses related to future political candidates. He speculates that Governor Tim Walz, like Kamala Harris before him, could be a significant figure in future presidential races, thus increasing the potential value of related domains. Despite the rise of search engines reducing the frequency of direct domain entry, Eche believes in the enduring value of strategically acquired web addresses.

This transaction exemplifies the interplay between political strategy and digital assets, showcasing how domain names can become valuable commodities in the political landscape. The sale of "HarrisWalz.com" is a testament to the lucrative opportunities that exist within the domain flipping industry, particularly in the context of high-stakes political events.