Add.com sale didn’t add up.
The $800,000 winning bid for Add.com at last month’s NamesCon live domain name auction won’t be completed, Domain Name Wire has learned. It seems that the winning bidder, who bid online, made an error.
That brings the total haul from the live auction portion of the event down to $1 million. This does not include the extended online auction portion of the auction. Also, I’ve received several emails on names I bid on in the extended auction (that didn’t meet their reserves) that show that Monte Cahn at Right of the Dot is still working to close additional sales.
During the live auction, Add.com was the top sale, followed by Offices.com at $260,000 and Please.com at $141,000. You can see the full results here.
Disastrous results for the biggest auction event of the year under the GoDaddy brand.
“It seems that the winning bidder, who bid online, made an error.”
ah the famous fat-finger 🙂
what a disaster for a a domain industry “flagship” auction…
What other auctions did not go through?
I don’t think Directions.com went through either.
I was the 2nd highest bidder on that. How do you know it didn’t? The bidder that won that also won two other auctions. Suspicious.
I have been keeping an eye on the domains whois and did not notice any ownership changes.
You would think Monte would contact the next highest bidder for interest but no such luck. Suspicious. I don’t think I will be bidding again with Namescon.
It DID go through – we bought it.
what about the last bidder just under the winner?
Fake bids.
They need to clean up all the fake bids.
For sure
This auction is toast past 2020 if you ask me, I have 0% trust in it, why would anyone even submit their names to this clown show?
It looks like the left overs of the fake bids, that didn’t get the mice to take the bait, How can you not vet an $800K offer/sale? This is half the auction take alone.
Godaddy needs to take back this even, as it has become an annual disgrace, all those names are open on the market anyday of the week, why would I pay 25% more for them. Take back the auction, get them on your platform, and get back to business, 3rd party operators out.
The Namescon auction should be run by GoDaddy only.
Why? Their own auctions are riddled with fake bidding.
Are Godaddy auctions riddled with fake bods?
Do you have any proof? Or is that just hearsay?
https://www.namepros.com/threads/godaddy-scammed-me-heres-proof.1133996/
I listed names and never again. 25%, fake bids, no visibility. No thanks.
I ended years ago with Godaddy and Flippa with their auctions domains bids prepared at the last moment, I save my domains and discover by presenting evidence that the bids were from registered members with false identity, prove me right the two auction companies.
I don’t participate in Right of the Dot auctions after Monte Cahn couldn’t even notify customers of their win/lose status for 5 days after auctions closed and later refused to provide bidding history on the auctions for transparency, both as a winning bidder and seller. He even got my good relationship with NameJet cancelled and as of today they won’t reopen my account. Stay clear of Cahn auctions because if you need customer service, you are out of luck.
Namescon auction just pays his bills for the years, since Godaddy owns Namescon, I think good chance they will give him the boot in 2021, if the world doesn’t come to an end first.
This clown offers me names for 6 figures, to which I can buy off the owners direct for $5K, His name should be Monte Clown.
Sends stupid desperate emails, like we are stupid puppets, and the world is going to run out of domains, if it hasn’t sold in the past decade, I will wait another week, cut him out of the equation, deal directly with owners, save yourself 95%.
I emailed Monte 3 weeks ago if the auction for Directions.com was paid because I just had a sneaking suspicion something wasn’t all right. He replied with “Not sure yet – GoDaddy is processing all the closings. I can find out. Would you be willing to pay more for it?”. And I’m like “WTF?” to myself.
Classic
There is no need for Monte anymore. His time has come and gone. Hopefully Godaddy wise up to his shady dealings and axe him. They don’t need him and quite honestly, it’s time for an injection of life.
Hi all,
Just to clarify, I am seller of Directions.com and it did go thru (at least on my part). The push/transfer was made yesterday.
I was awaiting clarification from GD/Monte for a few weeks as the #s in the dashboard weren’t making sense and communication was a bit delayed.
All is clarified and the domain has been pushed.
Sign me up 1 month payment venues, who in their right mind pays this kind of commission to get paid 2 months later.
If MO bought it, you could have offered it to them for 15% less, kept the 10% difference in commission, and everyone is happy.
Not a good look for auction platforms
Ah..Mr S Hill strikes again.
I was the high bidder on employeedevelopment.com and when the auction closed…no word…until several days later I get an email from Mr. Cahn informing me that the first offer of $2000 secures the name. Nothing about this felt right.
Just offer what your high bad was, there is nobody else willing to pay more. Old auctioneers trick to pretend there is others.