NameMedia Auctions Expiring Melbourne IT Domains
Wednesday, December 19th, 2007
New expiring domain auction launches at Afternic.
NameMedia, Inc. has started auctioning expiring domains via its Afternic platform. The auction service went live today.
Based on a preliminary check of 6 domains on the list, the company appears to have struck a deal with domain registrar Melbourne IT. According to RegistrarStats, Melbourne IT is the 5th largest domain registrar with 4.9 million domains under management.
Auction prices start at $60 and domains go to auction if at least one preorder is submitted.
The expired domain auction scene has gone through major changes lately, including eNom and Network Solutions setting up a service to compete with SnapNames. SnapNames had an exclusive relationship with the registrars. They used a change of ownership clause in their contract to back out after SnapNames was purchased by Oversee.net.
It was only a matter of time before one of the world’s largest domain name companies tossed its hat in the expired domain ring. Although the new expired domain auctions will be a great revenue source for Afternic, it will have another favorable byproduct: It will draw more attention to Afternic’s “closing soon” domains, which will help sellers get more money for their domains.
Further Reading:
when ….
i saw the title
““` Afternic Auctions Launches Today “”””
@ their own blog
+
the keysword “live” at ‘the text ,
then ….
i [mis]thought
Afternic finally to do
Afternic’s live Auctions offline+online ………
please ask Afternic
““`
why not do Afternic’s own
live Auctions offline+online ??
??
“”””
Sedo’s done it
even SnapName ‘s done it ,
even DoMainTools the rather-late-comer ‘s done it ,
ynot Afternic ??
Afternic , 1 of the oldest dnauctions houses
Afternic , 1 of the best pre-qualified
arguably
‘the increased publiccity +
‘the higher profile +
‘the higher transparency all
contributes to
their own i.p.o. +
their stock’s price ,
hey man ,
in stocksmarkets2days , its all about higher transparency ….
in stocksmarkets2days , its all about higher transparency ….
peace cheers ThANKye 2w
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“It was only a matter of time before one of the world’s largest domain name companies tossed its hat in the expired domain ring.”
Andrew, much of the Buydomains inventory came from the expiring market pre-NameMedia They were a huge buyer in the expiring aftermarket before so they’ve been in the ring as a fighter. Now they seem to be bowing out of the fight for the domains. A big change in strategy from buying to getting in on the action. Something to take note of in the marketplace when a major stakeholder shifts their focus in a market.
Good point Adam. But wasn’t much of BuyDomains expired domain buying done before the company was sold to what is now NameMedia?
[...] at SnapNames and NameJet may want to check out Afternic’s expired domain auctions. I first wrote about the new service in December, but domains finally started going to auction in late [...]
[...] It’s been several months since Afternic announced it would begin auctioning expiring domains. I’ve played around with Afternic’s expired [...]
I have never had much luck with AfterNic. Guess my domains are not the type that they are able to sell.