njhighbid Bidder Alias at NameJet

Last night, I was looking through a few of the NamesCon extended auction domain names on NameJet and I saw a bidder alias I didn’t recognize. “njhighbid” is in the lead on several high profile auctions. For example, the njhighbid bidder alias has the high bid of $550,000 on the Super.com auction.

When I see a bidder nickname I don’t recognize, it makes me a bit suspicious. This is especially so when I see the same bidder leading several auctions. In this particular case, none of the auctions I saw njhighbid as the high bidder had met the reserve price.

With the “nj” in the bidder handle, I thought this might be a house account related to the auctioneer, so I reached out to NameJet General Manager Jonathan Tenenbaum to ask about the bidder alias. Jonathan confirmed that this bidder handle “represents the high bid in room from the live auction.” I believe this was necessary because the live auction used different software from the NameJet platform, and live auction bidders were not necessarily connected to NameJet bidder accounts.

Even though it might look suspicious that there is a bidder handle in the lead on multiple high value auctions, it is not something concerning.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

4 COMMENTS

    • It is not really right. Is that bidder still interested at the price
      listed? If so, then it seems ok.
      If not, they could open the lots at the reserves.
      I have domains in the after sale. If I drop the reserve to the bid that is listed will it sell? Is that allowed?

      My opinion is that overall the auction did not go well. Sure lower priced
      domains sell. A few higher priced domains did but certainly not many.
      Many if not most domains are not too good, not the top for their category and overpriced.

    • IMO, the issue would be that they may not know who the bidder was during the live auction.

      For instance, a random NamesCon attendee may have placed a $500,000 bid during the live auction on a name that had a $1m+ reserve. I doubt that the auctioneers record bidder paddles for underbids, so it would not be easy (or possible) to hold the bidder to their bid.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Rookie Mistake: Reading Expiry Lists at Breakfast

0
Every morning, as early as I am awake, I look through domain name expiry lists to see what is coming up for auction. I'll...

GoDaddy Auctions Running NameFind Auctions

0
GoDaddy is running a featured auction via its GoDaddy Auctions platform with domain names from its NameFind portfolio. While I would argue the domain...

Spaceship Hits 1 Million DUM – Only 13% of New Registrations are .com

3
Earlier this morning, Richard Kirkendall shared that Spaceship hit the 1 million Domains Under Management (DUM) mark. Richard is the Founder of Namecheap and...

Converse.CO UDRP Decision Turns on Price Inference

6
In general, I thought UDRP panels have gotten past the issue of pricing as it relates to generic / descriptive one word domain names....

Ebbs and Flows of Domain Investing

3
My domain investment portfolio has grown from around 500 domain names to around 2,000 domain names in the last several years. Even at that...