There’s only one way to go: Up.
When Domain Name Wire first reported that one and two character .biz domain names would be released, we had an unscientific poll to estimate how much the domains would sell for.
Generally speaking, most people believe two character .biz domains will sell for under $5,000 and one characters will sell for under $10,000.
Now that the initial RFP process for .biz domains has completed, .biz registry NeuStar has teamed up with Sedo to auction off any unclaimed names.
Michael Berkens asked for predictions of sales prices on his blog. The first commentor wrote:
“If these domains sell for really low I think this could bring down another useless tld to its knees.”
to which Berkens responded:
“Isn’t the opposite true as well? If these domains go for more money than the domainer community expects it could bring new life and interest to the extension. I think lawyers.biz sold a few TRAFFIC shows ago for like $3K, so the extension for domainers has pretty much been dead for a while, so think there is more upside than downside for the sedo.com auction.”
I tend to agree. The auction can only be a boon to the extension. If the domains sell for less than people expect, no one will pay attention. If they sell for more, people will pay lots of attention to the extension and aftermarket sales could see a little lift. Either way, some of these domains will get developed, which will ultimately create some buzz for .biz.