Comments on: Moniker Auction Nets $4.4 Million, SkiResorts.com sells for $850,000

By: Cee

Cee — Mon, 03 Mar 2008 00:21:11 +0000

Scott, thanks for the words of advice and good wishes, and congratulations on selling your name. I’m definitely learning some lessons in hindsight, and I certainly wish I had found this site before the auction rather than after. I’d only found out about my domain name being accepted in the premium auction just before the auction, but if it goes up again, I’ll definitely try the PR tip.

By: Cee

Cee — Sun, 02 Mar 2008 12:49:02 +0000

Andrew – thanks for the reply. I may do that if I find out that it wasn’t sold in the online extended auction.

By: Scott Neuman

Scott Neuman — Sun, 02 Mar 2008 05:17:53 +0000

Cee, with any product, getting what you want is what you want. Sometimes what we want isn’t what anyone wants to pay and personally, they were paying for names at Vegas. I’ll suggest letting Monte try again in Miami and at the show inbetween. Certainly he wants the name to sell and he does a decent and hardworking marketing of the names before hand. You yourself might want to put out PR’s if it’s a high value name. I did sell my name at my reserve this time around but didn’t the last two times. The third time, I lowered my reserve passed the amount of bidding from the last two auctions and came to a level I felt fair. Monte did ask people at the end of the live auction if they wanted him to bring up a name again. While you do have an agreement with Moniker, you might want to allow wiggle room if Moniker and you agree to it. As for “Top Price vs “Attract Interest”, if you wanted $110,000 for a domain but put a reserve of $10000(a starting price) and it sells for $20000, you are stuck with a $20000 selling price. It really is a catch 22. It really depends on how badly you want to sell the name. Moniker wants to make as much as they can on a name and it’s not to their benefit to sell a name for $10,000 when they think they can get $100,000. They don’t seem to to just give things again but if it only reaches $20,000 rather then $100,000, then that was the fair market value for that day. Tomorrow maybe more or less. Best wishes. Scott Neuman – Recordweb.com

By: Andrew

Andrew — Fri, 29 Feb 2008 16:39:19 +0000

People are made aware of the reserve “range”, but not the specific price. Since you barely missed the reserve, why don’t you post the domain here and see if anyone wants it?

By: Cee

Cee — Fri, 29 Feb 2008 04:16:11 +0000

I’m one of the owners of a site that didn’t sell in the live auction because it didn’t meet its reserve. I’m not a domainer or professional at this, just an owner of a name for a long time that now has some value. Sadly, I got the advice that Monte mentions above *after* the auction (“One needs to price their names not at the top price they would like the name to sell for but at a price that will attract interest and bidding”) and it fell just short of the reserve. A question: Are those at the live auction made aware of the reserve prices, or can they just assume based on the starting bid price?

By: Resultados de la Subasta de T.R.A.F.F.I.C Las Vegas 2008 | Domaining

Resultados de la Subasta de T.R.A.F.F.I.C Las Vegas 2008 | Domaining — Sat, 23 Feb 2008 23:21:17 +0000

[...] DomainNameWire como DomainNameNews ofrecen los resultados provisionales de la segunda subasta Live de [...]

By: Francois

Francois — Sat, 23 Feb 2008 21:48:08 +0000

I will no longer comment on this.
Some people may think I am allways pesting when I am simply looking to wake up companies in order they improve their services…