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TheDomains.com

$135,000 In Bids Go To Waste As 5 Domain Names Fail To Hit Reserve On NameJet

August 1, 2011 by Michael Berkens

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

 

Filed Under: Domain Auctions

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.

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Comments

  1. dcmike77 says

    August 1, 2011 at 7:39 pm

    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.

  2. Snoopy says

    August 1, 2011 at 8:39 pm

    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.

  3. BullS says

    August 1, 2011 at 8:46 pm

    It is called Greed (typical for Domainer Pigs)

    or

    patience

    or

    Will you sell it at that price?

  4. TLD says

    August 2, 2011 at 12:59 am

    If they want end user prices then they should not be on Namejet.

    Pricematch.com didn’t hit reserve at $40k… ummm, ok.

  5. Karl Jackson says

    August 2, 2011 at 1:17 am

    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.

  6. Gazzip says

    August 2, 2011 at 6:52 am

    “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 ?

  7. BrianWick says

    August 2, 2011 at 9:52 am

    @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


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