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Trumpet.com Hits $50k at NameJet

Trumpet.com is currently up for auction at NameJet, and the domain name just surpassed the $50,000 mark. The reserve price for this domain name has not been met yet.

As reported by DN Journal, in mid-2010, Trumpet.com sold for $31,250 at an auction run by Latonas.com. I did a bit of research on the domain name history, and it appears to have had at least two different registrants since the auction, although I don’t know if it was due to a sale or another circumstance.

Because this is a public auction at NameJet, interested buyers can jump in and bid at any time before the auction closes, unlike private NameJet auctions. The auction closes on Wednesday afternoon and will be sold if bidding hits the reserve.

NameJet and Afternic to Partner on gTLD Marketing & Sales

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NameJet and Afternic just announced a newly formed partnership in anticipation of the release of gTLD domain names. The two companies are teaming up to offer Sunrise and Landrush Auctions, Premium Domain Valuation, Premium Domain Marketing and Distribution, and Registry Reserved Auctions.

When gTLD domain names become available to sell, it will be critical for the registry operators to make wise decisions to generate revenue, and perhaps more importantly, get their domain names in the hands of companies that will use them and build awareness of the TLD. NameJet’s auction platform coupled with Afternic’s domain name marketing and sales expertise are sure to benefit the operators of new gTLDs.

The press release just came out, and you can read all about the news below:

GayPride.com on Auction at NameJet: Guess The Sale Price

GayPride.com is now on auction at NameJet, and the current high bid is $20,099 with several hours remaining. There are 221 bidders in the auction and 236 bids have been placed. The reserve price has not been met, indicating that this is a privately owned domain name rather than an expiring domain auction.

Because this is a private auction on NameJet, additional bidders can not join the auction, nor can it be followed unless you placed a bid on the domain name already.

Interestingly, GayPride.com sold for $60,000 at Moniker’s Internext domain auction in the beginning of 2007, as reported by DNJournal. I am not sure if the domain name has changed hands since the auction. Valuate.com says the domain name is worth $62,000.

What do you think the final price will be?


NameJet Retiring Classic Design

Late last year, NameJet launched a complete website redesign, although the domain name auction house chose to allow visitors to use the previous iteration in “Classic” mode.

According to a message on the website that was posted over the weekend, NameJet will retire the Classic view, and all users will be required to use the primary design. NameJet Classic will be discontinued on Wednesday, September 12, 2012.

In January, I posted a poll asking how many blog readers continued to use NameJet Classic, and I was surprised that almost 40% of those who responded opted to use the Classic design. The 75 votes probably didn’t produce a statistically significant result, and I would venture a guess that a poll like that had a greater response rate from people who felt strongly about the Classic look.

If you have a major issue with the active website design, I would think now is the time to let NameJet and Enom management know about it because in a few weeks, it will be discontinued.

Five Ways to Find Good Domain Names on NameJet

I am an active bidder on NameJet, and I purchase a considerable amount of names for my company’s inventory. I’ve bid a total of $389,000+ on NameJet auctions since I registered in 2008. Recent NameJet purchases include ChineseProverbs.com, PennsylvaniaRealEstate.com (with a partner), ConsultantBlog.com, Buddhists.com, RhinoplastyDoctors.com, SpeedingViolation.com, and many more.

I have had very good luck re-selling NameJet acquisitions, primarily because there isn’t much end user competition when bidding, and I can then re-sell these domain names at a premium price.

If you don’t use a tool like FreshDrop to scan lists of names coming up for sale at NameJet, and if you don’t have hours to spend each day looking through unorganized lists of dropping domain names, I want to share five ways to find great domain names that can be backordered.

These five tips to find good domain names may be fairly obvious, but they are helpful and I use these methods daily.

Social.org Sells for Nearly $150k

Nearly four months after Social.org sold for $228,600 in a NameJet auction where the winning bidder didn’t pay, the second public auction for Social.org concluded today, and the winning bid was $149,999.

Unlike the last time, it appears that this auction should actually close. Along with the mandatory bidder verification, I believe the winning bidder has won previous NameJet auctions. Of course, there’s always a chance that the auction won’t be completed, but I imagine it will go through.

Since it’s past 5pm and most banks are already closed for the weekend, we will most likely need to wait until next week or two in order to confirm that the winning bidder paid. For the sake of the domain owner and NameJet, I sure hope that’s the case.

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