Domain Magnate

I started two $60 no reserve auctions today on sedo for these two great 4 letter domains:

FOLE.com

AKEB.com

It’s been a while since I auctioned anything on Sedo, especially without a reserve, so it’s a bit of a gamble and I’m curious to see how they do.

Also I’m running  a Large top 4 letter domains sale going on on DNF, with domains like Pame.com Hace.com Bonu.com DDRR.com CEFO.com KWAP.com and more..

If you take a look at sedo auctions at any given time most of the auction listings only have one bid and the vast majority of them also end up with one single bid – the end user who made a bid and the seller decided to push it to auction.

When you push a domain with a high starting bid (high in relation to its reseller value) to auction one of the following is bound to happen, in this order of likelihood:

1. The domain will get no more bids and the initial bidder will win. However during the 7 days he had plenty of time to (a) find another domain; (b) reconsider his proposal and (c) also saw that no one else was interested in outbidding him – which only tells him that he is overpaying, and no one likes to pay more. The chances of the buyer not following through with the purchase are increasing significantly and we all know how high is the percentage of non paying buyers on Sedo.
2. The domain will receive one more bid from another interested buyer. Strangely enough many sedo auctions end with just two bids (not 3 or 4, but exactly 2) – with the first bidder not getting into a “bidding war”. However in that case the seller only gets an additional $50 for his domain – which usually is not worth the trouble of a 7 day auction.
3. The domain receives many additional bids and ends with a significantly higher price – this is very unlikely if the initial offer was higher than the market price already and is much more likely when the initial auction starting price (which also serves as the reserve in such auctions) is much lower than the market price.

Clearly the third case is the only one that justifies pushing a domain with a high initial offer to a sedo auction. However it’s only likely if there can be many potential end users for the domain, or if the initial price was low.

If the initial bid is higher than the market value don’t auction the domain, instead negotiate the max you can out the buyer and try to close the deal as quick as possible!

T.R.A.F.F.I.C. New York – Moniker to Produce Special Opening Night Live Auction! See Featured Inventory in Live Auctions

» New York Marriott at the Brooklyn Bridge, New York City, NY

Moniker to Produce Additional Opening Night Auction at T.R.A.F.F.I.C. NY! read more »

Another Moniker Auction just eneded:  Search Engine Strategies

Most SEO guys can easily pay thousands of $$ for links, but they aren’t willing to spend the money on domains. It’s a shame they still don’t get it: better domain will help the SEO campaign as well, in many ways.

Even though the domains weren’t high quality here, some clear bargains emerged, like  SeoProduct.com for  $300.00

The results aren’t very reassuring this time as well: read more »

Namejet had some good time lately auctioning off top generic names for high amounts.

One of these was GoPlay.com, which ended today at $17,300 – decent price for any “obscure” 2 word domain, however it was in fact auctioned a month ago on July, 21 – then the auctioned fetched $26,300.

Probably the winner didn’t pay so it was rerun. As usually second auctions end up lower than previously, however an over 1/3 decrease is quite significant. According to other reports

Auction over at $17,300. Winner this time round only bid $69 in first auction while underbidder in 1st auction ($26,200) only bid to $17,200 today.

GoPlay.com is an excellent domain for any gambling, or gaming site. It’s also a popular brand and many other sites in different extensions use it, hopefully we’ll see this one developed into a top gambling portal.

CogNews.com just Sold for $2755 on TDNam.

The domain is not something, but it used to be a popular site and it has a pr6 and over 20K links in yahoo.

Also alexa below a million, which indicates it has some decent traffic. I was in the auction, but decided to give it up eventually.

bj.com – $200,000; anal.net – $90,000, shemales.net- $60,000, sluts.net – $58,000 and more names sell at the moniker adult expo auction. Which brings close to $600K of sales. A total of 53 domains were sold out of 8700.

Also one cvcv.com sale: debi.com – $5,000

Not too many sales, but still a decent performance for moniker auction.

in Other news some .me auctions reached crazy prices for a new extension..

toyota.me     101     20H 43M     $70,005
oglasi.me     80     13H 51M     $40,014
insure.me     190     14H 21M     $40,006
only.me     63     21H 8M     $33,405

Some LLL.ca were auctioned in myid, pool and sibername in July 2008, here are some of the results as posted on dnforum:

tus.ca – $297
xcc.ca – $121
smb.ca – $655
otk.ca – $259
tbb.ca – $615
tlx.ca – $101
bjp.ca – $250
ewq.ca – $101
ghj.ca – $101
glq.qc.ca – $2250
hjk.ca – $101
lkj.ca – $100
zgs.ca $240
jph.ca $300
vvm.ca $152

Prices have been raising quickly during the last months. The better ones seem to get good prices in $200-300 and all premium letters fetch $600+. The recent sale of gmx.ca for over $30K must have helped too.

I still have a few LLL.ca’s at bargain prices here – these are going quick, so hurry up!

Moniker.com released the list of new domains for Internext Show to be held on Friday at 2pm EST, Aug 8, 2008

BJ.com, Cock.com, Penis.com  and Porn.ca are sure winners here.  Other top names would be: GayGuys.com, GangBang.com, TopModel.com, BigDick.com, AnalSex.com, Pornography.com.

However the reserves seem quite high on many names, so I expect most high priced ones not to sell.

There is also a nice pack of tld names:

Amateur.ca, Legs.ca, Fetish.ca;

SexPictures.co.uk, ExoticWomen.co.uk, PornStars.co.uk; Pussy.sc

The full list: read more »

First time I’m seeing 3character.com guide lowering prices and not just lowering, but by over 20% in a month!

3-Letter .com – $6000 (- $1650 since July 1, 2008 report)

3 letter .net lost 3.6% according to the guide.

What’s gonna happen next with the LLL.com? Well no one knows for sure. From a discussion in DomainState:

• snoopy: Agree, personally I think we will see prices come back into the $3000-$4000 range on the low end.
• DomainDiscount: Recently sold a 3 letter .com in the mid Euro xx,xxx range. Was an enduser sale though.
• Globalise: Sold a pair of LLL.coms last week for $130k.
  Two weeks ago I bought an LLL.com with mediocre letters for $15k and sold it, two days later, to another domainer for $40k.
• doughmein: I think it signifies a market correction because these qualify as “token” domains that are being tossed around, and there’s no indication that the lesser quality ones will be in demand by end-users.

read more »