Update: MD.org Hits $500k on NameJet

Elliot Silver
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13

The NameJet auction for the MD.org domain name has surpassed half a million dollars, and it is continuing as I write this (each bid adds an additional four minutes to the auction). The auction has met its reserve price, and it will sell to the highest bidder. The auction is a private auction, so only bidders who placed a backorder can participate.

As of the time of this posting, the current high bid is $506,600, with the bidder handle “freedotcom” leading the auction. The underbidder in this auction goes by userid “winters.” Assuming the leading bidder is someone associated with the Free.com domain name, it’s almost certain they are legit. I also recognize the second place bidder’s nickname, and that person is also a legitimate buyer.

Assuming the MD.org sale is completed, it will be

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Forms.com Domain Name Broker: “Ebay Won’t Raise Seller Limits”

Elliot Silver
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16

I read a Letter to the Editor in Ecommerce Bytes concerning eBay’s apparent refusal to raise a seller’s limits on an auction for a domain name. The letter was written by Scott Newman, who is the broker of record for the Forms.com domain name, according to a press release in February.

Here’s what Scott had to say about eBay in the letter:

“I sell fairly expensive items on eBay, both for myself and as a consignment dealer. eBay declined my request to raise my limit from 2 million to 7 million. I need the 7 million limit to sell the premium domain name, ‘Forms.com’.”

It’s interesting that Mr. Newman wasn’t able to have the limit lifted by eBay. If you have a look at domain name auctions on eBay right now, there are more than 50

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Contest Results for My NameJet Auctions

Elliot Silver
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10

I held a contest to see who could guess the value order for my seven domain names I had up for auction this week on NameJet. Unfortunately, not one person guessed that PortStLucieRealEstate.com would be the highest valued sale, so nobody won the $200 contest.

The auctions didn’t do as well as I hoped, but as with all no reserve auctions, it can be a bit of a gamble. In retrospect, I should have practiced what I preach and reached out to end users about the auctions. Stupidly, I turned down a higher offer for one of the names in January, and I didn’t contact that person to let him know about the auction. Pure laziness and I lost out on a couple grand in profit. Live and learn.

Ultimately, I came out about even, with some profitable deals and a couple of losses. I think the buyers grabbed decent names at good prices, and hopefully, they will make money on their investments.

Here are the results of the auctions:

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Afternic Domain Auction Results

Elliot Silver
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2

Afternic held a domain auction on Snapnames that ended a couple of weeks ago in March. The results of the auction are listed below. The highest value domain name that sold was GFA.com, which closed at $15,100.

In addition to the listed results, I was told the company closed an additional $24,000 worth of sales after the auction closed. This is something to keep in mind for the next time you have a name in auction that doesn’t meet reserve. You might want to ask the auction house or brokerage to reach out to the high bidder to try and close a deal.

The results of the Afternic Snapnames auction are listed below:

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March Great Domains Auction Ending Soon

Elliot Silver
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0

Sedo’s Great Domains auction for March is ending in about an hour and a half. There are 121 domain names up for auction this month, including a number of short domain names like OAL.com, MHJ.com, and VOF.com. At the moment, well over half of the domain names have bids, although many don’t seem to have met reserve yet.

Here are the 5 domain names I like best in the auction, with the reserve price range taken into consideration:

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My Picks for Afternic Auction on Snapnames

Elliot Silver
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2

Afternic auctionAfternic  is currently holding its annual Spring auction on the Snapnames platform. At the time of this article, 20 of the auctions have bids, and there are just over three days remaining in the auction (ends Friday, March 22). There are 137 domain names up for auction, and many have reasonable reserve prices.

My top five domain name picks for the Afternic auction include:

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