I just saw a tweet from the GoDaddy Auctions account promoting the upcoming auction for the three letter WOA.com domain name:
Whoa, another 3 Letter .COM just hit the Expired Domain Auction today. Check out WOA․com. https://t.co/ooKQzg4Mmv
— GoDaddy Auctions (@godaddyauctions) February 29, 2016
I retweeted the link and visited the auction page to get some more details. The thing that stands out to me the most is the “valuation” field. Three letter .com domain names have been selling for thousands of dollars for many years. I highly doubt you could buy any LLL.com domain name for less than 5 figures today, and if you can, there are probably issues with it. In fact, back in November, Mike Berkens wrote “I’m calling the wholesale value of Chinese LLL.com to be around $50K.” WOA.com is not a “Chinese LLL.com” but it is worth 5 figures in today’s market.
So what is so jarring about GoDaddy’s valuation? According to the auction page, the valuation of WOA.com is