NameJet Should Broker Names That Didn’t Meet Reserve

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NameJet LogoI am a regular bidder on NameJet, and I find myself bidding on auctions that have reserve prices. Oftentimes, these auctions do not meet their reserve prices, and the domain names don’t sell. I think NameJet should try to work with sellers and bidders to close deals on domain names that did not meet reserve prices.

In my opinion, if NameJet were to privately broker deals on unsold domain names, it would be a win for all three parties. Sellers might be able to sell more inventory, buyers would get to buy less expensively (and privately), and NameJet would earn a commission on any sales it helped to close.

Sellers  won’t have to deal with collecting a payment, and they also don’t need to worry about handling the transfer. Buyers can easily submit their payment in the same manner as it would have been submitted had it been an auction, and the domain name would be  transferred immediately upon payment. There is far less friction with this type of transaction than a private transaction between two parties that haven’t done business before.

The reason

Neustar Comments on .NYC Auction Results

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nyc registryNeustar sold a small portfolio of real estate related .NYC domain names on NameJet, and the auction grossed $70,650 in sales. As one might expect, the top three domain names that were sold in this auction were RealEstate.NYC ($21,300), Apartments.NYC ($16,155), and Rentals.NYC ($5,700).

I do not have any more ties to New York City, so even if I wanted to bid on the auctions, I was not permitted due to nexus restrictions for .NYC domain names. I watched the conclusion of some of the auctions, and it seems that there were at least a few well known New York-based domain investors participating. I am unsure of who won these auctions, but I am interested to see how the domain names will be used.

Lori Anne Wardi, VP of Registry Services at Neustar shared some comments with me about the auction and its results:

Flu.com is for Sale on NameJet

I was looking through the upcoming auction list on NameJet, and I saw an interesting domain name for sale: Flu.com. I saw that this auction has a reserve price, so I knew that it was a private listing rather than an expiring domain name auction.

Interestingly, Whois records show that Flu.com is owned by a company called Medimmune, which is described as the “global biologics research and development arm” of pharmaceutical giant AstraZeneca. It looks like AZ has a flu vaccine, but it doesn’t appear that this is going so well, according to an article in the Wall Street Journal this Summer.

If you visit Flu.com right now, you can see that it is a parked page with PPC advertising. There is also a “Buy this domain” link at the top of the page taking visitors to a Parking Crew inquiry form:

flu-com-landing-page

Archive.org shows that Flu.com was once used as a

NameJet System Interruption

I get quite a bit of email from NameJet on a daily basis, and admittedly, I don’t read everything I receive. Yesterday afternoon, I received an abnormal email announcing a “system interruption” that impacted quite a few auctions that closed while the website was not functioning properly. As a result, these auctions that closed were reopened.

Because I tend to ignore many of these auction start and other emails I receive, I thought I would share it with people who may have overlooked this email today. I believe only bidders whose accounts were impacted received this email. If you have an auction that was impacted, be sure your bid is updated.

Here’s the email I received:

HaydenPanettiere.com Expires and Set for Auction

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It looks like HaydenPanettiere.com has expired and is going to be auctioned at NameJet should it not be renewed today. For those unfamiliar with her, Hayden Panettiere is an American actress (tv and film) who is engaged to world champion boxer Wladimir Klitschko.

HaydenPanettiere.com was originally created back in 2000. Because she is 26 years old now, that means the domain name was originally bought (likely for her) when she was around 10 years old. It looks like the domain name was originally registered on her behalf, and although the domain name has had privacy enabled at various points in time, it appears that

NameJet Increasing Price of Pending Deletes

Earlier today, SnapNames announced that the price of backorders would be increasing from $69 to $79. Because of the company’s partnership with NameJet (and the fact that both have relationships with Web.com), I wondered if NameJet would also be increasing pricing in line with SnapNames’ price increase.

Unfortunately for those of us who bid on NameJet, the answer is yes on pending delete auctions. In a comment posted in the SnapNames article, here’s what NameJet Marketing Director Scott Pruitt said: