The silent auction held by Moniker as part of the Geo show finished today with a total of $25K in sales:
Here is a list of the domains that sold:
eastorange.com $5,890.00
northolmstead.com $2,950.00
norridge.com $2,950.00
southeuclid.com $2,950.00
aaan.com $920.00
carinsurancewashington.co $890.00
StateOfNewMexico.org $850.00
lakehavasu.tv $590.00
eastleon.com $590.00
japanonline.net $590.00
northeasternillinois.com $590.00
nevadasightseeing.com $437.00
aply.com $400.00
united-kingdom.org $360.00
ownn.com $330.00
yemenrepublic.com $300.00
uppernorthwest.com $300.00
southisrael.com $300.00
gbaya.com $300.00
newyorkcityaccountingfirm $200.00
nycautorepair.com $200.00
vegasbestdeal.com $200.00
wisconsingallery.com $200.00
detroitindustry.com $200.00
honoluluentertainers.com $200.00
newyorkcityofficecleaning $200.00
dallaswelding.com $200.00
northlincoln.com $200.00
searchreno.com $200.00
newjerseybonds.com $200.00
Think of the value nycautorepair.com would have for an end user! a steal at 200 IMHO..
I actually kind of like these results. It’s showing more of a liquid market than I’ve seen in a long time. Yes, if I was selling to an end-user I would want more on many of these, but that’s not what these auctions are targeting.
Norridge.com seems like a good price considering that it’s a working class suburb right on the edge of Chicago – the development of that name will always live in the shadow of Chicago.com. At that price someone might be able to recoup their investment. At much more it becomes a challenge.
Kellie
I am disappointed with the volume of sales considering there was like 3K domains in the auction.
MHB – That’s fair. I think there’s also a matter of appropriate pricing on that side of things too. I remember looking at the list and seeing some decent names that I would consider paying a few hundred for, but the reserves were higher. It’s encouraging to me that some people are willing to let the market set prices. Others want to hold out for more and that’s fine. They’ll just be waiting a little longer.
Nathan,
I agree. nycautorepair.com for $200 is a steal!
To many domain names where listed for sale – the one that sold – sold for next to nothing.
Well, I just signed up for Own Frager’s http://grandnames.com/vip/ because he has offered an alternative to the current auction houses, some of which employ business ethics that resemble the culture of the European magpie
Good luck to GrandNames I feel sue Owen has caught the wave
Empedocles
Sounds interesting keep up updated with your thoughts and opinion of the service
Nathan/Kellie,
I just stumbled across this site and am so happy you agree with my purchase of http://www.NYCAutoRepair.com. I was completely surprised there was no competition for it! I also picked up http://www.newyorkcityofficecleaning.com and http://www.newyorkcityaccountingfirm.com – both which rank on the first page for their key phrase – and lots of organic results and PPC competition, even with quotes! I also picked up http://www.DallasWelding.com, but that was for my little brother who obviously lives in Dallas and likes to weld. 🙂 I’ve been complaining about this for a year, but I think the auction houses need to do a better job of promoting these auctions to the end users vs just the domain investors. I’ve had a hundred solid geo and keyword domains up for auction this year, at low reserves, and no sales. I just think we as investors (buyers) are not willing to pay what we, as investors (sellers), know they are worth to relevant end-user. I think I got very lucky with these purchases, but would rather see a larger market of business owners involved in auctions so that prices will begin to go up.
Best of luck to all in this fun and exciting industry!
Jay Lohmann
Geo and Keyword Investor
http://www.InvestInURLs.com