Displaying posts under "Domain Sales"
Several domain name auctions end tomorrow, including two online-only auctions.
The big fireworks may come from the Heritage Auctions domain name auction tomorrow, but there are two other auctions ending as well.
Sedo’s monthly GreatDomains auction concludes tomorrow at 12:00 pm EDT. So far three domain names have hit their reserves, including the head-scratcher LosAngeles.de at 3,000 EUR.
The two letter domain name BL.com has been bid up to $172,500, which is below its reserve of between $250,000 and $500,000. Him.com is up to $50,000 and has a reserve somewhere between the current bid and $100,000.
SnapNames, which is now part of Web.com, is running a summer auction that ends around 3PM EDT on Thursday.
Nine domain names in the SnapNames auction have met their reserves. Josu.com is the highest to meet its reserve so far at $1,300. The highest bid in the auction overall is WY.net at $10,500. The reserve on that domain name is between the current bid at $25,000.
Geo domain has a pretty good first day with nearly 10,000 domain name registrations.
.Tokyo launched earlier today and now has 9,598 domain names in the zone file. That means day one adds were near 9,000.
This is by far the largest city to launch a new top level domain name so far, and the numbers seem fairly good.
One Domain Name Wire reader pointed out that Japanese companies often advertise for people to search for them, not type in their domain name. We’ll have to see if habits change in the long run.
The majority of names were registered at GMO’s domain name registrars. That’s the same company that launched .Tokyo. This isn’t a surprise given its market position in Japan.
.Tokyo domain names are open to everyone. Another big geo, .London, will also have open registration after locals get first dibs. .NYC will be a closed geo domain open only to residents and businesses in New York City’s borders.
Appraising homes is easy compared to valuing domain names.
Texas doesn’t have an income tax. But the state needs revenue from somewhere, and in Texas that “somewhere” is mostly property taxes. Every year I have to pay about 2.4% of my home’s value in property taxes.
This steep rate creates a bit of a dance each year. The counties appraise homes by an automated system, kind of like Estibot. Then you have to argue with the county that the computer-generated appraisal is wrong.
That’s how I spent my morning. Arguing that something I own is worth less than an appraisal.
It strikes me as a sharp contrast to what we’re wired to do. We spend our days arguing with people that our domain names are worth more than other people think the are.
The truth is, the county’s version of Estibot isn’t that bad. Unlike with domain names, comps are reasonably easy to pull. Even though many of the homes on my street are 20 or 30 years older than mine, there’s a model for taking this into consideration.
I’m looking at my appraisal right now along with a sale of home across the street. The county knows how much that home sold for last year. Then it adjusts.
First it adjusts for the quality of the build. Then the condition, age, home features and size. That comes up with a number.
Try comparing just two houses like this and you might get a wacky number. So they compare it to about five homes in the neighborhood.
A perfect number? No. But it’s directionally correct.
I can’t say the same thing about domain name valuation. (I’m not just talking about Estibot here. Estibot does a fine job of highlighting the factors to consider in domain valuation).
The issue with domain valuation is two-fold: an almost complete lack of comps and the unique nature of every single domain name. There are no square feet to compare. No depreciation to adjust for. Each domain name is completely unique.
Indeed, we work in an extremely inefficient market. That creates great challenges and opportunities.
These ten domain names strike me as fairly priced for the right buyer.
Heritage Auctions holds its next domain name auction on Thursday, July 24.
It’s getting quit a bit of press around this auction, thanks in part to the Bitcoins.com domain name. There’s a $750,000 reserve on that one. It will be interesting to see if someone steps up to the plate.
Whether or not it sells, the press will shine some light on other good domain names in the auction. Here are ones I like at the reserve prices:
SEM.com $290,000 – the price tag is steep, but Search Engine Marketing is a big business. This three letter domain name is worth the price to an SEM company.
Moped.com $60,000 – I struggle with this one a bit. Do people still call them mopeds or do they say scooter? Is the plural better?
Bristol.com $35,000 – part of a large pharma company name (Bristol-Myers Squibb), the name of a big town in England and a famous raceway. Lots of potential buyers for this one.
DWI.org $15,000 – .Org works with this domain name.
Bitcoin.club $10,000 – it’s hard to set a value on .club domain names. But this is just 16 bitcoins.
Downline.com $8,500 – this one has been for sale for many years and has been offered in a previous HA auction. I believe the MLM industry still uses this term, and the price is right. The reserve is lower than in the first HA auction.
GemMint.com $5,000 – a popular sportscard term that should play well with Heritage Auctions’ crowd.
AntiqueGallery.com $3,000 – many antique galleries use the term in their company and/or domain name. This a deal for any of the larger ones.
MintCondition.com $2,000 – wow, a great one for the collectables market.From the “too good to be true” department, this domain was added to the auction in error.
CoinStores.com $500 – a small price to create a directory of coin dealers.
Good .co.uk domain names sell to end users who will be able to claim the matching .uk domains.
Sedo sold lots of good .co.uk domain names last week. I suspect this is because of the launch of second level .uk domain names. Owners of .co.uk domain names have first rights on the matching .uk domain name, and there’s been a lot of interest in the UK.
WorksForMe.co.uk 2,200 GBP – Creative/marketing firm Thinkology Limited bought the domain, but it appears to be for a client or project. The site promotes some sort of internship program.
JapanMade.com $7,000 – AOS Technologies, which offers data recovery and eDiscovery services.
Cosmic.co.uk 1,375 GBP – Cosmic Recruitment Limited in the UK.
Cavom.de 1,300 EUR – Novagraaf, and intellectual property company. The domain was registered for one of its clients.
Paint.co.uk 7,500 GBP – C. Brewer Sons Ltd, a UK paint company.
MedCenter.ch 850 EUR – MedCenter AG in Switzerland.
Vials.co.uk 795 GBP – Discount Lab Supplies in London. They obviously sell vials.
SSLStore.co.uk 777 GBP- Net Security Ltd in the UK.
IRG.co.uk 2,750 GBP – Insight Retail Group Ltd bought its acronym.
BestBonuses.com $2,000 – Jackpot Gaming Ltd. in London.
Rosbif.com 2,500 EUR – the owner of Rosbif.co.uk.
Gavi.org $3,999 – GAVI Alliance, an immunization advocacy group. They use GaviAlliance.org for their web address.
BoppyHood.com $1,695 – The Boppy Company, LLC, which sells popular baby products. They already own Boppy.com.
Mango.co $2,500 – Mango Software Inc. in Montreal.
TapeDispensers.com $1,999 – Glory Formosa Co., Ltd., which already owns TapeDispenser.com. Guess what they sell?
ShadowKings.net $9,000 – Good Game Studios, maker of the Shadow Kings game.
Analytical.net $1,500 – Analytical Technologies. They uses Analytical-Tech.com for their website.