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Afternic Records Nearly $460k in Sales

Elliot Silver
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4

Afternic just released its public sales report from the past week, which includes .com sales over $2,000 and other domain extensions that sold for $1,000 and higher.

Leading the way this week was the 4 letter domain name, FUNO.com, which sold for $20,000. It looks like Funo.com will become a game website, as the landing page says, “Funo A World of Fun Games! Website Under Construction.” Interestingly, Fabo.com, which sold for $15,000 has the exact same landing page. I suppose if you own similar domain names, you can see that a benchmark price has been established.

FUNO.com $20,000
passings.com $15,000
floridaautoinsurance.com $15,000
nextstar.com $15,000
Fabo.com $15,000
prescreen.com $13,000
OnlinePcSupport.com $10,500
privaterx.com $10,000
brandschutz.com $7,000
nationalins.com $6,600
myplatform.com $6,160
i-mall.com $6,000
u50.com $5,300
arabianoil.com $5,000
brindilles.com $5,000
episource.com $5,000
LIA.org $5,000
ismusa.com $4,588
chairliftforstairs.com $4,500
ahcn.com $4,500
eirene.com $4,388
proburo.com $4,325
iconshop.com $4,288
turismoscolastico.com $4,188
myclick.com $4,000
curiousminds.com $4,000
hvmg.com $3,950
interimage.com $3,800
inspectionteam.com $3,788
cellplanet.com $3,700
empat.com $3,688
desertboots.com $3,662
forcetraining.com $3,588
bikebook.com $3,588
nahma.com $3,588
equestrianworld.com $3,500
smartmanufacturing.com $3,500
fitnessmagic.com $3,500
fanland.com $3,500
comtel.net $3,500
novasoftware.com $3,490
regionalmanagement.com $3,388
profitportal.com $3,388
billingexpress.com $3,300
icircular.com $3,288
miam.net $3,212
zeromail.com $3,188
greencan.com $3,188
wikifolio.com $3,188
nativedesign.com $3,000
kleinod.com $3,000
ctig.com $3,000
samora.com $2,988
freevaluation.com $2,800
helmetbags.com $2,788
bombastik.com $2,780
beapal.com $2,688
garagehub.com $2,688
graphicstyle.com $2,652
lodige.com $2,612
abcstone.com $2,600
geotechnique.com $2,588
divideby.com $2,588
fibertronics.com $2,588
trafficbuilding.com $2,580
withintegrity.com $2,550
agrimarket.com $2,500
shopmix.com $2,500
openconnections.com $2,500
lieferwagen.com $2,500
stylemania.com $2,500
thewhitewall.com $2,500
inncity.com $2,500
steelservice.com $2,500
technologicsystems.com $2,488
purpleguide.com $2,488
scottsdaleresort.com $2,477
epicatlanta.com $2,475
simulatedreality.com $2,388
atasteofparadise.com $2,388
dailyspin.com $2,388
quantit.com $2,388
witbuy.com $2,372
hoch3.com $2,329
beautyandbrains.com $2,300
landgold.com $2,270
citycruise.com $2,250
mycarebook.com $2,200
tuffmusic.com $2,188
usedboatsdirect.com $2,188
mobilerecorder.com $2,188
vnproject.com $2,188
allinsurance.net $2,188
indiansinamerica.com $2,160
worldpalace.com $2,154
personalpapers.com $2,150
childcarepartners.com $2,149
countynetwork.com $2,100
flymeet.com $2,088
retailelectric.com $2,088
lacremeria.com $2,088
tltrading.com $2,088
cashincentive.com $2,000
goldencorn.com $2,000
roombook.com $2,000
pmiservices.com $2,000
animalhats.com $2,000
immigrationresources.com $2,000
aviationphotos.com $2,000
cwhp.com $2,000
nextblue.com $2,000
MobileClassroom.com $2,000
4Manager.com $2,000
Recruitment24.com $2,000
4Coach.com $2,000
feininger.net $1,800
oceanadvocates.org $1,788
downloadfree.org $1,600
gcfa.net $1,388
iraqioil.net $1,388
ritm.org $1,288
spaceadventure.net $1,288
barkus.net $1,288
certifiedusedcars.net $1,288
tavsiye.net $1,100
deeproots.net $1,088
noisecancellation.net $1,088
energysavings.net $1,000
pharmacyservices.net $1,000

Set Achievable Goals for Yourself

Elliot Silver
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28

If you are a part-time domain investor, earning $50,000 a year from domain names may seem like a very lofty goal. $50,000 is a lot of money, and it can help with many expenses. $50,000 is a brand new car. $50,000 is a downpayment on a home in many places. $50,000 is a year at a private college. You get the point.

In my opinion, if you want to earn a significant amount of money from domain names in a year, you should set smaller landmark goals along the way to help you stay on track with your primary goal.

I’m not sure if this is a Rick Schwartz paraphrased quote or if he borrowed it from elsewhere, but I am going to use it here. You shouldn’t worry about making $1,000,000. You should focus on making $1.00 a million times.

$50,000 may seem like a lot of money to earn in a year, but when you break it down, that’s about $1,000 a week. If you work 5 days a week, that’s about $200 a day. This $200 a day in profitable revenue is still a big number for many, but it’s much more manageable to look at it that way. IMO, there are tens of thousands of unregistered domain names that can be purchased and flipped for well over $250/each.

If you set achievable landmark goals along the way, you can earn a considerable amount of money a year from your domain investments, even if you do it part-time.

Snapnames Backorder Price Now in Line With NameJet

Elliot Silver
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1

Last night, I received word from Snapnames that the minimum backorder price on deleting domain names will increase from $59 to $69/each beginning today. This price point is in line with the minimum backorder price for domain names at competing drop catcher, NameJet.

As much as I don’t like to pay more, it’s probably a very smart move. When it comes to deleting domain names, I believe domain investors are accustomed to paying the $69 fee, so it’s not going to be a big deal. With a fairly small profit margin, an extra $10 per name is a pretty big increase.

The price will not impact expiring domain names or names that have been put up for sale by domain investors.

Here’s the full release:

On February 15, SnapNames will raise the starting bid for backorders for all deleting domain names from $59 to $69.   This starting bid increase applies only to orders for names that are deleted from their respective registries (not the expiring or privately held names listed from registrar partners or sellers).

This change applies exclusively to new orders—any previously placed deleting domain name backorders will be grandfathered in and remain at a starting bid amount of $59; thus, $59 will be the opening bid if the name enters our system.   (Note, if you are the only bidder in this scenario, like today you will be the buyer at $59. If another party backorders the same name after February 15, that party’s opening bid will be at $69 and the system will alert you to raise your bid if you so elect.)

As is the case today, all non-deleting domain names will enter our system at the starting bid price specified by the listing party.   Opening bids for those names will stay at the amounts originally set.

There is no change to auction procedures.   If there is only one bidder for a name at the time of its availability, the name will be awarded to that bidder.   For names with more than one interested party, the names will go to auction and the highest bid at or above the starting bid amount will prevail.

Questions can be directed to the SnapNames support team:

E-mail: support@snapnames.com
Web: http://support.oversee.net/login.php

Roses are Red, Violets are Blue, Here’s a Valentine’s Day Contest from Name.com and Me, With a $250 Prize for You

Elliot Silver
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32

Let’s have a little fun this Valentine’s Day!  Name.com and I are hosting a Valentine’s Day domain name poetry contest on my blog, and the winner will receive a virtual $250 Name.com gift card! Yes – that is a lot of domain registrations or renewals, especially with Name.com offering .TV domain names for just $10.99 a year.

Here’s how the contest works.  You know the famous poem that starts, “Roses are Red, Violets are Blue…” Well, I want you to write the best domain-related poem and record yourself reciting it.

For instance, something like this might be interesting:

Roses are Red
Violets are Blue
.IE is the ccTLD for Ireland
And .TV is for Tuvalu

You need to post the text of your poem in the comment section of this article and then record yourself reciting your poem (see instructions below).    All submissions must be received by Noon EST on Friday, February 18, 2011, and the winner will be selected by Paul and Ashley from Name.com.  Only submissions in video form will be eligible.

We are looking for the most original and humorous poem, and they don’t have to start with “Roses are Red…” You’re all winners at heart, but there will be just one winner for this contest, and only one submission will be allowed per person.

Get to it!

To post your video:

1)  Visit Name.com’s youtube channel to post your video response:  www.youtube.com/user/thebestregistrar

2) Under the video click, ‘View comments, related videos, and more’

3) Click on the comment box, see link to the right of comment box that says, ‘Create a video response’

4) Upload your video

Mark Haseltine Hired as NameMedia CTO

Elliot Silver
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2

NameMedia, the company that operates Buy Domains, Afternic, and SmartName, just announced that Mark Haseltine has been hired as Chief Technical Officer for the company. Haseltine has experience working at large tech companies like Oracle and Alta Vista.

The company’s press release from this morning is below:

NameMedia, the world leader in the acquisition, development and trading of digital real estate through a targeted website network and domain name marketplace, today announced the appointment of Mark Haseltine as Chief Technology Officer.

Haseltine is recognized as an engineering innovator, with more than twenty years experience working on search, content, CRM and e-commerce solutions for Internet pioneers like Alta Vista to tech giants like Oracle.

Most recently Haseltine served as Vice President of Engineering at Gerson Lehrman Group (GLG), a professional services firm that he helped to grow from a start-up firm to an organization with operations in more than 20 countries. Prior to serving on the executive team at GLG, Haseltine headed product development for Context Media, a leading provider of enterprise content integration software and services whose technology was eventually acquired by Oracle.

As an executive team founding member and Vice President of Engineering at AltaVista Software, Haseltine built and managed the organization that developed the pioneering search web site. Before joining AltaVista, he spearheaded CRM and e-commerce development efforts as a development director for Oracle Corporation.

“Mark’s background—developing innovative e-commerce, content and search solutions that drive revenue—is ideally suited to NameMedia’s mission of building the world’s best trading platform for domains, allowing domain owners the opportunity to realize the full value of their ‘digital real estate’ by listing their name on the equivalent of the ‘MLS’ for domain names—NameMedia’s Domain Listing Service,” said NameMedia CEO Kelly Conlin. “Today, NameMedia has more partners on its network than any other domain marketplace, and Mark’s experience will assure our continued innovation and leadership.”

“With more than two hundred million registered domain names to date—and the prospect of many more domain name extensions—this is an ideal time to be building the industry’s pre-eminent trading platform,” said Haseltine. “Just as the market for real estate or financial instruments have depended on trusted exchanges for their growth, the market for this essential asset of the Internet—domain names—will benefit from a global, networked platform.”

Haseltine’s portfolio will include technology leadership of NameMedia’s domain marketplace, Afternic.com, its SMB-focused sales site, BuyDomains.com, its domain name development platform, SmartName.com, and its network of niche websites. These sites service customers in more than 100 countries around the globe, supported by a partner network that includes the world’s top domain name resellers.

Mark holds a BS in Computer Science and Engineering from Massachusetts Institute of Technology and a MS in Computer Science from Stanford University.

Sunday Afternoon Update

Elliot Silver
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6

I am headed back home after a mini vacation, and I want to thank everyone who wrote and called for the good wishes. I’ve been feeling significantly better over the  past few days, and I have only a cough and some congestion remaining.

It’s good to know the LA Department of Health is looking into what may have made some people sick.  I am going back to my doctor’s office tomorrow for a couple of tests to see if they are able to determine what I had. My doctor initially diagnosed me with an upper respiratory illness, and I was given a Z-pack.

I’ve fielded a number of phone calls from news outlets (because of the mentions in DN Journal), and although I understand why they are  picking up on the story, I think everyone really needs to reserve judgment about how it may have happened until the Health Department issues its findings. It seems like a “juicy” story, but people should not jump to any conclusions.

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