In part they've been dogs because seller expectations have exceeded the market demand AND auction company's have been willing to tolerate such seller behavior. In this regard I'm hoping that Rick "Craaaazy Eddie" Latona will bring a healthy dose of "Children, behave and we'll all have a nice party" to his auctions, only auctioning domains will a reserve likely to elicit bids.
In part auctions have been dead zones because many aftermarket buyers are hording cash because they either have future overhead to cover or they are "waiting for bottom".
So, it will be interesting to see if the upcoming auctions presage either 1) a judgment that we have hit bottom, 2) more realistic expectations after 2 years of being beaten down; and/or 3) signs of an economic rebound.
I'm still no fan of domain conference auctions as a venue for selling domains . . except for liquidity purposes, i.e., pricing that even when successful tends to be a small percentage of a domains likely enduser market value. Still . . if those endusers aren't consumers . . ya sometimes gotta sell to the wholesale market. ;P
So, anyone attending a domainer conference?
Anyone planning to participate in an upcomming auction? (I may do some window shopping.)
What are you expectations or predictions?
Info about Latona/Traffic Auction [ricklatona.com]
Info About DomainFest Auction [domainauctions.moniker.com]
There has been increased interest in development and i wonder if that has also eaten into the auction participation. People spending money developing what they have will be less likely to buy new domains.
