$135,000 In Bids Go To Waste As 5 Domain Names Fail To Hit Reserve On NameJet
2011 August 1
5 Domains at auction totaling almost $135,000 went unsold today at NameJet.com as they all failed to meet the reserve price set by the sellers.
Trumpet.com last sold for $70K (publicly anyway) on NameJet.com in May 2009.
Guess the owner didn’t want to take a loss on the domain to just free up some cash.
Despite one site that only valued the domain name PriceMatch.com at $288 the reserve price was higher than $40K as a bid of $40,300 failed to get the domain.
Here are the domains:
| trumpet.com | $65,100 |
| pricematch.com | $40,300 |
| fl.org | $13,700 |
| firstavenue.com | $9,000 |
| departmentofhealth.com | $4,200 |
| $132,300 |
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I hope it humbles namejet and gets them to lower the reserves. The last thing we need is another failed model of auctions with over-priced reserves.
Trumpet.com sold in 2010 for $31,250
9. Trumpet.com $31,250 Latonas.com
http://www.dnjournal.com/archive/domainsales/2010/20100609.htm
I think they should have set the reserve lower personally, that is a pretty good bidding level for it.
It is called Greed (typical for Domainer Pigs)
or
patience
or
Will you sell it at that price?
If they want end user prices then they should not be on Namejet.
Pricematch.com didn’t hit reserve at $40k… ummm, ok.
With only 3,600 Google Exact Searches as well as looking at the “term” price match, I would have set the price between $20K and $30K. Hopefully the owner will do that next go around.
I have some exact search domains of betwwen 5,400 and 22,000 searches that because of the current economy are no higher than $20K and they have high google search traffic.
“5 Domains at auction totaling almost $135,000 went unsold today at NameJet.com as they all failed to meet the reserve price set by the sellers.”
———-
Seller(singular) – by the looks of it these are from the same stock of names that have been listed by for sale by findyourdomain.com
ie:
Aerospace.com $160,200
HouseRentals.com $135,800
GoCarts.com $60,100
etc
findyourdomain.com/rex-com-gocarts-com-and-more-listed-with-no-reserve/
I wonder if findyourdomains is actually just a shop set up to sell off domains for a single register – like Tucows has yummynames < just guessing
Do you know who owns them all MHB ?
@Gazzip
I go out of my way to NOT use Domain Tools – as IMO it can distort what I really need in my model – but my guess is some of these have the look coming from the iReit fallout – possibly some Demand Media salvage as well.
Personally I liked FirstAvenue.com – but will not bid 9K again should it go back into auction