Your Used, Expired Domain Name Will be Bought

Elliot Silver
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7

I would encourage every business owner, non-profit organization, individual, or any other domain name owner to renew the domain names they use indefinitely. Whether a domain name was used for a commercial website, private information sharing website, or even if it was simply used as a placeholder, it will almost certainly be bought by someone after it expires.

Every day, I scan the list of domain names coming up for auction as pre-release and pending delete. There are a ton of domain names that get auctioned that seem to have no generic meaning. NameJet, GoDaddy Auctions, DropCatch.com, and other expired domain name auction venues seem to sell hundreds (or maybe even thousands) of domain names each day that had been used in the past. Some domain names are bought because the buyer wants to build a business, others are bought for investments, and others are bought to either monetize with advertising or monetize by using for SEO value. I would imagine that nearly every domain name that has been used will be bought by someone else after it expires.

The cost of a domain name renewal is very small. Most domain registrars sell their domain names for less than $15/year. This is a small amount of money when compared to the potential issues a dropped domain name could cause.

Once a domain name expires and is bought by a third party, there

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Apartment.in is Largest Sale at Sedo’s .IN Auction

Elliot Silver
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3

Sedo hosted an auction for .IN ccTLD domain names in conjunction with the WHD.India and NamesCon India conferences. The auction concluded today, and 23 .IN domain names were sold.

The largest sale in the auction was Apartment.in for $9,950. This was followed by Big.in for $4,999 and Get.in for $3,800. In total, just over $36,000 USD worth of domain names were sold. Based on some of the names that were sold (all of which are listed below), I would imagine some of these domain names could be used as “domain hacks” rather than for users targeting India-based companies.

Because the auctions just concluded today, these sales have not yet closed. Once payments for the domain names have been received, Sedo will report the sales publicly.

In other Sedo news today, Sedo broker Dave Evanson reported the sale of NOM.com for $86,500.

Here are the domain names that were sold in the .IN auction at Sedo:

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Poll: Do You Use GoDaddy Valuations on Auctions?

Elliot Silver
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7

I recently wrote about the GoDaddy valuation tool  that was updated a month ago. The algorithm  that powers the tool uses the growing database of Afternic sales to give a valuation of what the algorithm think the domain name is worth. I thought the prior iteration of the tool was pretty worthless because it was only based on traffic and PPC earnings.

Now that the revamped valuation tool has been showing for a month, I am curious about whether others are using it.

When I have the time, I use the valuation tool as a way of sorting auctions. I don’t think I have placed more bids as a result of the tool though. Sometimes it helps me find names I may have missed. One thing the tool has done is made me second guess some names. There have been times I have been thinking about bidding on a name, and I wonder why GoDaddy thinks it has no value. There are other times that I see names with bids and high valuations, and I do a Google search to try and understand why the domain name may have value to bidders.

Do you use GoDaddy’s valuation tool to help you place bids at GoDaddy Auctions? You are welcome to share your feedback if you would like.


OHSAS-18001-OCCUPATIONAL-HEALTH-AND-SAFETY.COM Sells on DropCatch.com

Elliot Silver
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2

I bid in auctions on most of the major auction platforms, including on DropCatch.com. This afternoon while checking out some of the auctions there, I noticed an interesting auction for a domain name with 42 characters and 5 hyphens: OHSAS-18001-OCCUPATIONAL-HEALTH-AND-SAFETY.COM. Wow – that is a pretty hefty domain name.

I followed the auction as it was closing, and it looks like the domain name sold for $420. There were 8 bidders who placed 18 bids during the course of the auction. Not surprisingly, it looks like the .com is the only extension registered for this particular phrase.

I would imagine this has to be one of the highest selling domain names of this length and with this many hyphens, aside from brandable names that have hyphens between each letter. I presume the team at NameBio could probably say where this domain name ranks in terms of length and hyphenation amongst other sales like it.

An Archive.org entry likely reveals why this domain name was of interest

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eName Hosting “Lucky Number” .Club Auction

Elliot Silver
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0

eName will be hosting an auction for .Club domain names. The “Lucky Number” auction is live now, and auctions begin closing from June 10th through June 15th. The .Club registry published a blog post listing the domain names that are coming up for auction along with their closing dates.

All of the domain names, with the exception of 8.Club, are listed without a reserve price. In addition, the auctions have standard .Club renewal rates. You can read the .Club registry blog post for details, and you can also view the video below to learn more about the auction:

Share Your Thoughts About GoDaddy Auctions Valuations

Elliot Silver
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23

GoDaddy LogoYesterday morning, I wrote an article discussing  that an updated valuation tool was being released by GoDaddy in conjunction with expiring domain name inventory coming up for auction at GoDaddy Auctions. The refined  domain appraisal tool takes the Afternic sales database into account and predicts the retail value based on its proprietary algorithm.

I think it will be helpful for domain owners to find “hidden” inventory by performing searches based on valuation, and I also believe this will become  a revenue driver for GoDaddy.

One thing you will notice is that when you hover over a valuation, GoDaddy displays the following disclaimer to ensure that people understand what the valuation is and what its limitations are:

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