SnapNames & NameJet Team Up for LTD.com Auction

Elliot Silver
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LTD.com NameJet Auction

SnapNames and NameJet are essentially sister companies as well as competing domain name auction platforms. SnapNames is wholly owned by publicly traded Web.com, and NameJet is co-owned by Web.com and publicly traded Rightside. Both companies provide an auction venue for domain names.

I received a press release this afternoon announcing that the two companies are working together to sell LTD.com. The domain name is going to be auctioned on NameJet, and the reserve price is between $25,001 and $50,000. The domain name went on the platform today, and the final day for bidding on LTD.com will be Wednesday, December 2. At the time of publication, there are 34 bidders.

If you visit SnapNames and NameJet, you can see there is an advertising banner on both websites announcing the auction.

Because the domain name is currently registered under Whois privacy, I am not sure who owns this domain name.

The full press release is below:

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NameJet Lowers Pending Delete Price to $39

Elliot Silver
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4

In an email sent to customers this evening, NameJet announced that the price of pending delete auctions would now begin at $39. Prior to this announcement, the minimum bid for pending delete domain auctions was $59. The price drop is offered for “a limited time,” although the time limit was not published.

Pending delete auctions are a competitive market with quite a few companies competing to catch and auction the best pending deletes. Some of NameJet’s competitors include DropCatch.com, Dynadot, GoDaddy, Hexonet, Name.com, Pheenix, Pool, SnapNames, and possibly some others I can’t think of off the top of my head right now.

Here is the email that was sent to customers by NameJet:

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You Win Some, You Lose Some

Elliot Silver
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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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Watch Out for Typos!

Elliot Silver
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The other day, I was doing some domain auction research, and I placed a backorder for a domain name I saw had many bids at NameJet. The name looked great, although I was a bit surprised there weren’t more backorders. I figured it may have been a passe term, but I didn’t give it much thought.

When it went into auction, I was on my iPhone. I almost immediately placed a higher bid and was the leading bidder for this domain name. I still didn’t know it was a typo.

A few hours later,

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NameJet Changes Auction Pages: Adds Estibot Value

Elliot Silver
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I was following several of my closing auctions yesterday afternoon, and I noticed that NameJet made some additions to the auction page and the backorder details page. For an example of the changes, here is a screenshot of the OV.com auction that is coming up (I have nothing to do with this auction):

OV.com Auction

You can see there are fields for Reserve Range and Estibot Valuation. If the auction  does not have a reserve price, the reserve range field does not show up.  The backorder details page also reveals whether or not a  Pre-Release Auction will be public or private.

I am glad to see the reserve range field on NameJet auctions. I think it is good to know whether or not I  am close to hitting the reserve price when I am bidding. Most other live auctions have the  reserve range, and this addition makes sense to me.

The Estibot valuation is

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143.com Up for Auction at NameJet

Elliot Silver
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143.com is pending auction at NameJet, and it will enter the auction phase in a couple of hours. The current high bid is $60,000, but the reserve price has not yet been met. There are 239 bids placed as of the time of publication.

The 143.com domain name is owned by Finlead, a domain investment firm based in Switzerland. The company also owns other liquid domain name assets such as EG.com, EO.com, Soft.com, Season.com, and Leading.com.

I checked NameBio, and I do not see any public sales records for 143.com. Based on historical Whois records from DomainTools, it looks like Finlead acquired the domain name in May of this year for an undisclosed price.

As you likely know, numeric domain names have been hot for the last couple of years. Michael Berkens’ company sold 345.com for $800,000 earlier this year, and Rick Schwartz reportedly just sold a NNN.com domain name “for an amount which will land him as the 2nd highest reported sale of 2015.” Many other NNN.com domain name have changed hands privately for large sums of money.

Finlead  CEO

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