You Win Some, You Lose Some

Elliot Silver
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17

About a  month ago, I listed a group of domain names for auction on NameJet. The majority  of the domain names I listed for sale were acquired within the last 18 months or so. The domain names came up for auction last week. Some of the names sold for more than I paid, and others sold for less. Overall, I  lost a bit of money on the auctions.

My business model was built on buying and quickly selling domain names. This model has been altered over the last few years, and I have been buying more domain names for longer term holds. Domain names like Lilac.com, Embrace.com, Franks.com, and RightAway.com are either long term holds until the right buyer comes around or not for sale. This is partly by choice and partly a result of the market. Sales to other domain investors are more difficult these days, and great names are harder to find at reasonable prices. I would rather keep my better domain names until the right buyer makes the right offer.

Even though my model has shifted, I still like to

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Mike Mann Reports Aux.com Sale

Elliot Silver
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9

Mike Mann just announced that his company sold the three letter Aux.com domain name for $100,000. The news was announced in a Twitter tweet and public Facebook post:

In an update on the Facebook post, Mike mentioned that he acquired acquired the domain name for $30,000 in 2008. Based on a screenshot from earlier this year it appears the original asking price was $300,000.

Whois records show that Aux.com is

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Quirky.com Being Marketed by Hilco Streambank

Elliot Silver
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3

When I read about the bankruptcy of Quirky, my first thought was about the Quirky.com domain name owned by the company. My second thought was about what company would be tasked with selling the domain name, and I learned that Hilco Streambank will be responsible for the sale of the domain name and business assets.

In my opinion, Quirky is a neat (and flexible) brand name, and obviously having the matching Quirky.com domain name is important. According to Hilco Streambank CEO Gabe Fried, “the brand stands for new, out-of-the-box, creativity.”

Here’s what is being marketed for sale by Hilco Streambank:

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Don’t Try to Sell a Domain Without Permission

Elliot Silver
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17

It’s pretty easy for someone to claim to be a domain broker. There aren’t any special licenses or other requirements for someone to sell domain names on behalf of others. An email address or phone number and some domain name listings are basically all it takes to get started.

It seems that some people may take advantage of the ease of getting started and try to sell domain names they aren’t permitted to sell. Perhaps they see a domain name listed for sale somewhere or believe the domain name may be for sale, and they attempt to broker the domain name without permission. I presume the belief is that if they come to the domain owner with a buyer, they will be rewarded a commission. This is bad business.

Even if a domain name is listed for sale,

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GoDaddy Brokering LA.com and SV.com

Elliot Silver
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8

According to the tweet below from GoDaddy’s corporate Twitter account, the company is brokering the sale of LA.com and SV.com. GoDaddy aftermarket is managing the brokering of these two memorable domain names.

Whois records show that LA.com and SV.com are both owned by a media company called MediaNews Group, Inc., which is based in Denver, Colorado. SV.com currently forwards to SiliconValley.com, and LA.com appears to be a fully developed website that is described as “L.A.’s ultimate insider’s guide.”

There is

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DomainView Tool Can Help Find a Domain Name Buyer

Elliot Silver
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2

I frequently use DomainTools’ domain search tool to seek out prospective buyers for my domain names. It’s easy to search for keywords within registered domain names, and I can use this information to identify prospective buyers for certain domain names my company owns.

I wrote about Verisign’s DomainView tool yesterday. Specifically, I shared insight about how the tool can help identify the person or entity that is behind an inquiry for a domain name. I also think the DomainView tool can be used to help find a prospective buyer in a similar manner to DomainTools’s domain search tool.

DomainView allows people to see what .com and .net domain names have been

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