Stay on Top of Your NameJet Wins

When you win a domain auction, the domain name should be pushed to your registrar account within a reasonable amount of time after paying. Based on some recent experience at NameJet, domain buyers should keep track of their NameJet auction wins to ensure the domain names are properly provisioned.

On April 23rd, I won a private auction at NameJet. I try my hardest to stay away from private auctions at NameJet and think I do a good job of avoiding them. I particularly liked this one and the price was right. On May 4th, I realized I had not yet received the domain name and submitted a support ticket to NameJet. NameJet support responded to me quickly, and by May 5th, the domain name was transferred to my Network Solutions account.

Backorder & Monitor Your Friends’ Coveted Domains

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I rarely do domain name consulting. When a friend or friend of friend needs some domain registration or acquisition advice, I am happy to chat with them if I am able to offer advice or insight. Beyond that, I am a hard no when people ask about domain consulting.

In the past, I would chat or exchange emails with these acquaintances a few times, and maybe I would follow up down the road if I recalled our discussion to see if they were able to get their coveted domain name. Since I did not have any sort of vested interest in their acquisition, their needs would generally fall off my radar shortly after chatting.

If You’re Going to Give an F-Off Price, It Better Be High

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There was an article (paywall protected) on Business Insider that covered a lawsuit involving the Wormhole.com domain name. Attorney Evan Brown also wrote an article about the case. This morning, Decrypt published an article that revealed a settlement had reportedly been reached.

Here’s how Decrypt described the negotiation for the sale of Wormhole.com.

“In June of 2021, someone at Jump used a third-party domain broker to approach Merryman and offer $2,500 for the name. The latter rebuffed the request, saying—perhaps in jest—that the price was a “firm US$50000.”

I Wouldn’t Even Consider Buying These Domain Names

Over the weekend, Tony Names shared a list of domain names he sold that are now developed.

I do not know Tony personally and we’ve only interacted on Twitter, but from what I gather, he is a relatively new entrant into the business of domain investing. This means these domain names were fairly recent sales, and having this many sold domain names developed into websites is quite impressive to me.

I Don’t Like Sharing Sales Without Permission

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I don’t like to share my domain name sales. Strategically, I think it’s unwise to report what I am selling and for how much. I’d rather use this confidential information to buy domain names at prices that make sense. Beyond the strategic reasons, I don’t think it’s right to share sales without permission from the buyer.

I regularly see sales reported on NamePros, Twitter, and other venues. People have different motivations for sharing sales. It can help raise awareness of domain name values. It can help drive up the profile of domain investors looking for positive feedback from peers. It can act as a motivational tool. There are many reasons for why people share their sales.

Helping a Non Profit with an Expired Domain Name

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Earlier this week, I noticed a non profit organization’s domain name had expired and was set to be auctioned if it was not renewed promptly. Over the years, I have tried to help a number of organizations save domain names that had expired without their awareness. I have found that it can be a bit difficult to approach an organization about their domain name as a good samaritan, and I thought I would share how I generally approach an organization when a domain name of theirs expired.

The first thing I try to do is identify a contact at the organization that would understand domain names and would have an idea about what happened to their domain name. Depending on the size of the organization, I would look for a CTO, CMO, President, or another executive. I prefer not to reach out to the most senior executives of larger non profits because they’re likely very busy and are more apt to ignore my email. If the expired domain name is a critical domain name to the organization or the domain name associated with their email, I will call someone at the organization.