For a number of years, Register.com partnered with SnapNames to auction and sell its expired domain names. Register.com was acquired by publicly-traded Web.com in 2010, and the company’s expired domain names will now be available via NameJet beginning this Thursday.
According to Christie Chute, Manager of Monetization and Aftermarket Sales at Web.com, the company has been testing NameJet with its private portfolio of domain names. “We’re really excited to have the opportunity to work closer with Matt and the NameJet platform,” said Chute. “We’ve seen great success using NameJet for our everyday/non-expiry auctions and I’m looking forward to the upcoming transition of our expiry names as well.
For SnapNames and its new owners, the writing has likely been on the wall for quite some time. Network Solutions has been a NameJet partner for several years, and like Register.com, Network Solutions was also recently acquired by Web.com in a deal that closed at the end of 2011.
Congrats Matt!
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After the halvarez scandal, snapnames lost all credibility.
Unfortunately, Namejet has its own issues, which, I suspect, will eventually kill it as well.
Lack of transparency, sales not being honored, use of hinky registrars for capturing domains, and suspected shill bidding by private sellers will eventually drive bidders away.
I never bid on private seller listings and VERY RARELY on pre-release expiring auctions (I always look up the Whois before placing a bid, always a lowball, even on expiring domains).
I just don’t trust Namejet.
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I hope that Tucows & Dotster will move to NameJet as well….
@Mrs Domainer, any success on those namejet pre-drop Whois lowballs?