Domain Magnate

I’m glad to see Bido is back up and running and would like to wish them good luck! I had some good sales there and think it’s great to see another marketplace trying to take on sedo for real.

However, they really need to do something to increase the quality of domains there and attract some premium domains. Strangely enough there are some decent  buyers there, but no real sellers with quality domains at fair prices. An unusual gap for the industry that should get filled naturally.

A few good LLLL.com names are coming up for auctions there flob.com and  ebog.com, but the reserves seem rather high so I don’t expect them to sell.

I think bido could benefit from introducing hidden reserves and reserve auctions that start from the min price like on sedo, not the reserve price.

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 »

Despite the recession in US economy and a certain amount of uncertainty in the domaining market July 08 have been pretty good for me. I had around $50k in sales, with over 2/3 of it being profit. While most sales were private and the buyers preferred to keep them confidential, couple of the top sales are through public auctions so I can mention them here:

Dickinson.com $12K on Bido
Krom.com $5,5k through AfterNic
Harlot.com $5145 on Bido (I owned 50% of this one)

I rarely disclose my earnings and report sales, however I feel this is needed to encourage others to see the hidden opportunities in domaining. What I like most about the industry are the large gaps. Appraisals always range widely and so do auctions and sales, it’s not unusual to see domains being resold for 2x and more shortly after. read more »

VQU.COM Sold for $6551 on Bido, just $51 above my estimation as posted in the sale comments

The letter quality isn’t good and only 123K results in google, but it has a decent acronym for “very quick update”, a phrase that could be branded into a hosting, or web services.

This is the forth bido sale of LLL.com domain, after:

2008-07-11 14:00:00 utq.com 20 6,001.00
2008-07-02 14:07:42 qvk.com 19 6,730.00
2008-06-20 14:03:46 ryy.com 10 7,124.00 read more »

Nice to see the industry leaders working together, TRAFFIC in NY will have domains from all the major players:

1. Moniker
2. Aftermarket.com / DomainTools
3. Rick Latona
4. Bido.com
5. Sedo

DebtNews.com sells for $10,628.00 on Bido.com

This domain would make a perfect content website all about current events in the debt world. The national debt is a major concern to many nations.
The news of things happening in regards to debt and finance are of importance to all businesses. Consumer debt is something many people pay dearly for and many businesses profit from as well. A website about debt has a very large target market and plenty of advertisers supporting the industry.

It was clearly an awesome domain and it’s a goldmine for the buyer, can be developed into something really big with the appropriate planning and financing.

This marks the first 5 figure sale for bido and we’ll sure see more!

I think this was a clear marketing success for bido. They managed to sell a two word .org domain for almost $2k.

Honestly it’s a good domain, but I’m not sure how it can be used, besides by some kind of organization that is keen on keeping secrets, or on the contrary revealing them. Might also fit for an entertainment site.

But still, that’s the price I’d expect from the .com!