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Domain Auction

Auctioning Off Domains: In preparation of...

         

pageoneresults

8:54 pm on Aug 17, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



I want to dabble in the domain auctioning industry as a Seller and possibly a Buyer. Are there Traders too?

I sit here and look at my portfolio of 500+ domains and I have to now prepare them for the auction block. One of the requests is minimum selling price. Wow, that's a tough one for me. Personally, some of my domains are worth quite a bit from my perspective. But, that's me. How do I realistically set a minimum selling price without leaving too much money on the table?

Once I have my domains submitted for auction, what now? Its a Live Auction and there will be one at the upcoming PubCon in Las Vegas. What exactly should I expect? Is this a "fast talking" price driving frenzy? Or is it a bit more reserved? Tell me...

Webwork

9:24 pm on Aug 17, 2007 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



Domain auctions tend to be heavily populated with domain traffic aggregators, folks who build portfolios that are associated with domain park feeds from Google, Yahoo, etc.

So, the first question this crowd has is typically related to traffic and proving the claimed traffic.

I don't agree that traffic sets a price but it does help set up a baseline.

So, do you have traffic stats for all your domains? If not, get 'em parked.

If they are parked then you have to run each domain through the formulas discussed in the domain pricing threads in the Domain Forum Library.

(Do me a favor: Scan the Library and post up links to the threads that you found most helpful. The titles to the threads are largely self-explanatory.)

pageoneresults

9:32 pm on Aug 17, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Domain auctions tend to be heavily populated with domain traffic aggregators.

Those are probably not the type of buyers I'm looking for. ;)

I'll check the library.

Yes, they are parked, or most are. I don't pay much attention to them other than the email that comes in once a month with a PayPal deposit. :)

netmeg

9:15 pm on Aug 20, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



I just got my first offer for one of my domains today, sent through company where I've parked it (so I'm assuming - correctly? that it's a legitimate offer) The offer actually seems kind of high to me, but I never really spent much time thinking about what I'd actually get for it. So now I have this offer, that I can accept, or make a counter offer, or else throw it up for auction with the offer as my reserve price. I'm kinda thinking this last is the best strategy... but is it?