I’m not sure there have ever been more major domain auctions in a 4 week period.
No less than 11 Major auctions will be held starting next week, through the end of May.
We will be writing about each of these in detail, but today I just wanted to layout the schedule of major auctions:
The DomainNameWire.com auction at Snapnames.com is currently ongoing and closes this Tuesday on April 27th at 3:15pm EST.
At time of publication there are 9 domains that have already met reserve.
Also On April 27th Rick Latona is holding an Live Domain auction of .EU domains as part of the Milan TRAFFIC show.
All bids start at €500.00 for the auction.
Bidding is currently opened for this Live auction which starts at 9:30 am EST on the 27th. Bidding for this auction will be held on Proxibid.com
RickLatona.com will also be holding an online extended auction as part of the TRAFFIC show starting April 30th at 7pm EST and ending on May 6th at 7pm.
SnapNames.com Geo Auction, is currently opened for bidding and closes at 3:15pm EST on May 4th
As of publication 3 domains have hit reserve.
The SnapNames.com catch phrases .ME auction is already in progress. The .Me auction ends on May 11th at 3:15pm EST.
As of time of publication, 21 domains already have bids with 5 domains meeting reserve.
The DomainFest Live Domain auction is on May 13, at 4pm from Ft. Lauderdale Florida, and pre-bidding a already opened.
At time of publication 3 domains have met reserve for a total of $20K.
There will also be an extended auction for DomainFest at SnapNames.com, which will start on May 13th and end on May 20th.
SnapNames.com will also be holding its May showcase auction from May 11-18th. Submission for the auction are still opened.
GreatDomains.com will be holding a premium auction starting on May 20th and ending on May 27th.
SnapNames.com will be holding a gambling and gaming domain auction from May 24th-June 1. Submissions for the auction are still opened.
Of course all of these are in addition to Daily NameJet.com, SnapNames.com and Godaddy.com drop auctions, daily Bido.com auctions (Runs Monday-Friday) and Latonas.com “daily auction.
That’s a LOT of auctions.
couple this with all the daily stuff like snap, namejet,tdnam,etc and there are way too many auctions
Rick said there was going to be a dump on the market just like it’s happening with vast amounts of extraneous names that were part of bigger portfolios. Plus there’s a lot of stuff being hand registered as part of the new wave of “domainers” who are ready to dive into market at the “$28” and up level.
If they’re smart they’ll watch these higher-end auctions like some of the bevy of new places to GO for Drops that are coming in from where Rick was suggesting but they’ll need deeper pockets than most.
Its a lot of auctions and a real test to see how much money is in the domain channel.
It’s overwhelming.
I simply don’t buy from domainers and never have the last 15 years. The odds of buying bad domains are higher buying from domainers than they are buying from end users or natural drops.
The exception is when traffic stats are provided. Then that makes sense.
$100,001 – $250,000 reserve for webcamroulette.com @DomainFest ??
Correct
Webcam.com sold for $1M I believe and if camroulette.com just sold for $151K I guess you try to strike while the iron is hot
These are wonderful news, because the liquidity of the domain name assets has been getting higher then ever. The domain name market has seen substantial growth in recent years, and this trend will remain as the internet continues to gather strength worldwide. The vital presence of the domain industry aftermarkets, where premium domain names are sold for the prices ranging from thousands to millions of dollars, has established the demand for the domain name assets, and therefore, the potential for the domain portfolio holders to venture into building companies with business models aimed to develop product service platforms, using domain names as their prime assets.
These are wonderful news, because the liquidity of the domain name assets has been getting higher then ever. The domain name market has seen substantial growth in recent years, and this trend will remain as the internet continues to gather strength worldwide. The vital presence of the domain industry aftermarkets, where premium domain names are sold for the prices ranging from thousands to millions of dollars, has established the demand for the domain name assets, and therefore, the potential for the domain portfolio holders to venture into building companies with business models aimed to develop product service platforms, using domain names as their prime assets.
I predicted that 2009 would be the #1 year for domain sales. I may have been a few months off. Looks like 2010 will take the prize and I doubt it will take until December to achieve it. The last few years have had low quality names at prices well beyond any value. Today you still have a lot of domainers overpaying for domains, but there are more gems out there now than any point since about 2005.
For domainers that pick ALL their names based on tools, my suggestion, throw out the toolbox. There are ALL inaccurate and misleading and using any of them as a baseline will guarantee you are bidding against others with the same handicap. That means you will always overpay for domains with questionable value from the jump. But carry on, I am picking up gems by the dozen because of the crowds with toolboxes and no understanding of what makes one domain worth $50 and another one right next to it that can be $500k. Develop your gut not your toolbox of flawed data.
The market is red hot because half the industry is doing very well while the other half is not. Weakness is making this market and the result will be strength from such a liquid period. As long as each auction has really good domains with reserves below their true value, things will roll on.
Is it too much auction going on? or just a good advertising of our domains?
I can’t keep up. 🙂
Regards,
Emil
“I simply don’t buy from domainers and never have the last 15 years. The odds of buying bad domains are higher buying from domainers than
they are buying from end users or natural drops.”
Mike,
That says more about your personality than being factual.
Domainers offer a lot of great domains at low prices.
Then, someone buys it and flips it for a great profit.
(ie, Adam Strong, BuyDomains, etc)
You would rather give the profit to the drop houses rather than
to a fellow domainer.
That’s nuts !!!
@Rick,
“Develop your gut not your toolbox of flawed data.”
Excellent Statement.
Not like it means much coming from little old me, but I believe that 100%, but just never worded it as eloquently as you.
Best of Luck with your Auctions.
and to everyone else,
This really seems to be an exciting time in Domaining and ya have to admit,
It sure has been a fun ride lately!
Take Care,
Vito.