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It’s not quite a Christie’s art sale, but Yahoo is putting up for auction a slew of domain names that it owns but hasn’t been using. The auction, which will last a week starting No...

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But paying nearly $3,000 for a domain is just the tip of the iceberg. The highest domain sale to date was for Cars.com, which was sold for $872 million. Not every domain reseller in the world will get so lucky, but that’s how big this business can get. Domain resellers work a bit like stock brokers.

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