Is Third Time The Charm? Toxic Sells For $27,600 On NameJet.com

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Toxic.com sold for the third time on Namejet.com today for $27,600, less than half the original sale price.

As you may remember Toxic.com originally sold for $56,566 on May 4th and again on May 2oth for $40,500 after the first bidder defaulted.

However in June,  NameJet.com announced a new deadbeat bidder policy which will hopefully mean that the third time will be  the charm, and the domain name will finally get paid for, and find a new home.

I’m sure you have figured out that the winning bid is about 1/2 of the original auction price.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. Jamie Zoch says

    I am sure all these NPB’s have effected this auction in a negative way, that has hurt it’s value.

    I see YSE.com and Alike.com had non paying bidders as well and were resent to auction yesterday.

    Bidders dropping like flies over at NJ. 🙂

  2. Jamie Zoch says

    I just did a little research… and taking a quote from one of your last posts:

    “The domain Toxic.net, which also was available for backorder on the same day, sold to a different bidder, “nimbus” for $2,900”

    Well, bidder “nimbus” was the high bidder on Toxic.com Today.

    According to whois records for Toxic.net, Timothy Reid is the new owner of Toxic.net after that auction ended .

    So it appears Tim paid for the .net, and it would be likely Toxic.com will be paid for this time as well.

  3. MHB says

    Jamie

    So based on the .net being worth 5% of the .com value based on sales of sex and porn, .com and .net in the same year and the price of the original auction you could draw the conclusion that Tony got the Toxic.com for 1/2 price.

    Good for him.

    As to NJ it took a long time and lots of deadbeat bidders to devalue the auction and it will take time to rebuild the brand and the values

  4. D says

    I have bid both times around 35K now this third time I did not bother, glad it sold for less at least these namejet cnuts got a lesson

  5. Ed - Michigan says

    Mike,

    Do the T.O.S. at these auction houses
    mandate the SELLER do their part and
    transfer the domain name ???

    How can the buyers make sure that little
    part of the equation occurs ??

    Ed – Michigan

  6. MHB says

    Ed

    At Namejet.com the domains are either controlled by the registrar in case of a drop and if an owned domain, NJ makes you transfer it to Enom in an account under their control.

    Snapnames.com, if its a privately owned domain, I believe makes you have the domain in an account with moniker.com so that the domain can be transferred from your account automatically upon sale and payment