Sedo’s monthly Great Domains auction for May is concluding in a few hours, and there are 233 domain names up for auction this month. At the time of this post, just over 100 of the auctions have bids on them, although many have not yet hit their reserve prices. There are quite a few ccTLD domain names in this auction.
I want to share 5 of my favorite domain names from this auction, with the reserve price range taken into consideration. I may bid on one or more auction.
I am sure you’ve heard about the devastation caused by tornados and extreme weather in Oklahoma this week. Many lives have been lost, hundreds of people have been injured, and countless homes and businesses have been destroyed. I can’t even imagine the pain these people are going through.
In an effort to raise funds for the victims, Domain Boardroom and its members are sponsoring an auction on my blog, and ALL proceeds will go to the American Red Cross’ Oklahoma City chapter, which is helping victims. Domain Boardroom members have donated domain names, gift certificates, and services towards this effort. (Big thanks to Donna Mahony for organizing this).
Escrow.com will be handling all of the escrow for these transactions at NO cost to either party. Once the funds are collected, Escrow.com will disburse funds directly to the American Red Cross, which is helping victims.
Here’s how the auction will work.
I received word this afternoon that the auction for the Tweeter.com domain name and related assets has been pushed back. The new auction date has not been set by Hilco Streambank, the company running the auction on behalf of the domain owner, a lender to Tweeter.
According to Hilco Streambank’s David Peress, “There has been significant interest in the assets with several potential buyers expressing the need for more time. We are going to accommodate them. We’ll set a new auction date soon.”
If you aren’t aware, the Tweeter.com domain name became available as a result of the bankruptcy of a music store called Tweeter, which was founded in 1972. The company employed hundreds of people, and it operated somewhere between 50-100 stores throughout the country. Tweeter was once a very popular music chain, especially in New England (where it was founded), although its bankruptcy and closing left many customers and employees angry.
Once the company has announced the date of the auction, I will share the details.
Tweeter photo courtesy of Paull Young via Flickr.
In the event that you were planning to be a bidder on the Hilco Streambank auction for the domain names and intellectual property package related to 1800mywebsite.com, I want to let you know that the auction has been canceled. Included in this auction were the 1800mywebsite.com and 1â€800â€mywebsite.com domain names as well as matching vanity toll free phone numbers.
According to David Peress, Executive Vice President of Hilco Streambank, “we were approached by a buyer who was willing to make a bid materially in excess of the minimum reserve if we pulled these assets from the auction. Our seller agreed to move forward with the buyer on that basis.”
Entities that had inquired about or signed up for the auction were notified this morning via email about the cancelation. Anyone who made a pre-auction deposit to bid on the package will be refunded. The company had been marketing this package for over a year, so I am sure the offer that was accepted was substantially greater than the $8,000 reserve price.
As far as I am aware, the other auctions are still moving forward as planned.
Rick Schwartz emailed out the list of domain names that will be up for auction during the TRAFFIC conference in Las Vegas later this month. The live auction is scheduled for May 30th from 2PM-4PM. Although the reserve prices weren’t shared, half of the domain names will have no reserve prices.
Details about the actual auction weren’t included in the email. If it’s like recent TRAFFIC auctions, there won’t be an online bidding component. As someone who sells domain names (not in this auction though), it is bothersome that people won’t be able to bid online. However, I assume there will be a bidding phone line for people who wish to bid remotely.
The list of domain names up for auction is below:
