The three letter domain name QWE.com is at auction at Sedo.com and has a $100,000 opening bid.
Since the auction still has over 6 days to run it looks to me like this could have been one of those offers pushed to auction situation, however I see nothing exceptional about the domain QWE, except there is a product called the Q-Barcode which is using QWE.net as it site.
So this could be another case of a domain upgrade which I discussed the other night in a post.
Remember OMG.com sold just about a year ago only for $80K and RSS.com sold for $137,500.
So $100K for QWE.com would be a nice haul.
The beauty of this business is Anything can happen…..
Though, I am always leary of “one” bid(s) on any auction, (remember what happened at LaTona ‘s Miami auction. Shock.com, bid of $200k, bidder never came forward) I have seen the prices for LLL.com’s skyrocket in the last few months.
Sedo is more secure. When a bidder doesn’t pay then they send a notice to the bidder to pay the commission or face legal action.
Why would the seller push it to auction?
Buyer could be Quebecor World Europe
I have heard a lot of rumors about Sedo from good sources about individuals gaming the Sedo bidding system and Sedo does nothing about it or really can’t enforce it.
Don’t get me wrong, I like Sedo, but even their legal threats can only go so far. In fact, one my friends suggested when bidding on a high level domain you have to as far as creating two accounts if necessary to game the system.
Ultimately, I think the buyer would be better off spending a couple thousand on a two word/two syllable domain name than forking 100k for QWE.com.
But BullS said it best, anything is possible … 🙂
Sending an offer like that to auction is risky business…
Could the buyer be a smartphone company (thinking about qwerty)? Or the website qwe.ru?
First 3 letters on keyboard.
This domain sold before for low xx.xxx
if this real bid, why sending it to auction?
I don’t see sale here.
The truth is any domain can sell for any price, on any given day, to any buyer. The final price is often an indication of how much the end buyer wants/needs the name, their spending power, and how valuable the domain or acronym is (or could potentially be) to their business. The question of the name changing hands/selling is another question altogether. Remember: any domain, any price, any day. Yes, that is one of the many beauties of this ever-evolving industry – still in it’s infancy.
@federer Perfectly said. Congratulations inn have a great year and DR.org sale along with many roi sales.
So much for “bad” letters (Q) 😀
The Chinese love Q,X,J,Y
Germans love W, Z
Domainers don’t 😀
I have no idea if this bid is legit or not.
But, most of us think like domainers not end user.
If we are accustomed to lowballing or bargain hunting, we
forget there are buyers that might want a particular domain
and are willing to pay a premium price to acquire it.
Furthermore, the people that often question why something
sold for a high price are the same people that sell domains
at high/enduser prices.
I hope the sale goes through since the present owner would enjoy
a nice ROI.
QWE com $9,800. 3/08 Moniker
I agree with Federers post, if a hyphen domain can sell for for over $100,000 why can’t QWE.com, after all, each domain is unique 🙂
my gut is a shill bid
noone in their right mind would send to auction on 100k as there isn’t a second bidder for this domain, in the aution timeframe , or perhaps ever
it would be too much of a stretch to think 1 bidder
yes, there have been higher sales for on the surface not great domains, but they didnt get pushed to auction on 100k
sale will not go through imho
surprised it even got a post here tbh
Bids over a certain amount – definitely in that range – require verification by Sedo. I am almost certain the bid is valid. Why did the seller take it to auction? That’s his/her prerogative 😀
Acro
Is correct
To bid $10K on Sedo you have to be qualified and to go over $100K or over you have to be super qualified.
It is a great price, might as well push to auction though extremely unlikely to get a higher bidder in my view. Regarding verification that is only required for auctions, not offers pushed to auction like this one.
@acro
@mhb
as snoopy said, verification is in auctions. not a straight bid
ok, people have genuine reasons for privacy whois too, but my gut tells me this is a pure shill
there is no way on God’s earth anyone would push this to auction for a very average LLL
i see one ‘enduser’ .ro
but i doubt they’d pay over xxx looking at site if interested at all
no investor or domainer would pay over low to mid x,xxx
aware of all the arguments for and against sub par LLL.com’s and some can have their day but most are pushed back and forth to domainers
there is one little bit of hope though. seems to get a fair bit of traffic from sedo listing, and seller states do not bid unless 6 figures
i guess good for everyone if sells. don’t hold breath though
Why not push it to auction? If not auction, what would the seller counter with…. he knows it’s a great price. Buyer’s happy and thinks he got a deal.
“Why not push it to auction? If not auction, what would the seller counter with…. he knows it’s a great price. Buyer’s happy and thinks he got a deal.”
/////////////
The risk is in the buyer not paying when they realise they are paying too much (if nobody else bids).
I would still do it though (push to auction), especially with an offer like that. It is almost certainly a big company who is very motivated, not a small domainer who is likely to back out.
I am surprised the seller pushes the domain into the auction because there is a risk of publicity like this blog and the buyer might change his or her mind if comes across with this blog.
I would only pay low to mid x,xxx for QWE.com as a reseller.
Quit Worrying about Everything…
and 5 more definitions for QWE on Abbreviations.com:
http://www.abbreviations.com/QWE