GoDaddy Auctions -- Discussion, Acquisitions, and Sales

I know which .co you are on about and it is because the .com is a popular site. I would say one of the bidder's is the .com owner but god only knows who the other 2 bidders are. :S

This should be a great thread. Well overdue. Yep I agree that even after you have won the domain, the original owner can still renew, but I prefer to transfer away, since that way you don't pay GoDaddy's $80 Redemption Fee. You can do this right up to the time the domain is taken out of your "Recover Expired Domains" folder in your account on day 42 after expiry. So to be sure, make sure you do this on day 41 after expiry at the latest.

The thing I hate is when an $8 domain that I like quite a bit has an hour to go before going to down to $5 and someone buys it. I know I am being a cheapskate, and just need to spend the extra $3, but I am always like... "I will save some money here and wait..."

You should buy it when it drops to $11, else you will have 4 days more days of nail-biting tension. Personally I think the extra $6 is worth it not to have that tension. Although I do the same as you for domains that I'm indifferent about, but are worth a punt at $5

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WritingAssignment.com just migrated to my GD account.

No BIN for this one.

I plan to keep this one for a while as a redirect to my academic site.

I'm retired from teaching, but I'm going to maintain this site anyway, at least for the near future.



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My most recent auction win from GD was AirQualityMonitoring.com, it was bid up higher than I expected, but I bought it for developing. No site up yet, but I just ordered my first article today and should have a site started soon.

Great thread Ms.Domainer, I write a lot about Go Daddy Auctions on my blog and think its the most important venue for domainers, especially small to mid sized domainers.

The traffic numbers and valuations Go Daddy places is one area that is a little goofy. FacebookAM.com they had $59,000 plus valuation. I think some new people think wow Go Daddy says its worth X and its selling at 1/20 of X.

I recently picked up a Spanish .tv that has had 20 uniques a day since getting the name about a week ago, the Google Keyword tool shows the keyword getting 245,000 monthly exact searches. Got it for $5.

I know what you mean Stogie,I do that too, wait for $8 to $5 and then say why did I wait for $3.

stub said:

You should buy it when it drops to $11, else you will have 4 days more days of nail-biting tension.

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Or even better yet, bid $12 for it when it's at auction and step ahead in line of all the monkeys who only buy closeouts.

Fonzie said:

Or even better yet, bid $12 for it when it's at auction and step ahead in line of all the monkeys who only buy closeouts.

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HEY! I'm not a monkey......I'm more like a chimpanzee.But seriously when you bid at $12 you open up the floor for all those vultures that filter lists based on bids, I can't count the number of times that I bid on a zero bid domain towards the end of an auction just to see another bidder(sometimes 5)come from nowhere and bid it up.

I have since had better luck waiting till it goes to $11 on closeout.

stub said:

You should buy it when it drops to $11, else you will have 4 days more days of nail-biting tension. Personally I think the extra $6 is worth it not to have that tension. Although I do the same as you for domains that I'm indifferent about, but are worth a punt at $5

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Yeah, I pick up ones for $11 that I am a fan of, but then have my list that I only want to pay $5 for

Fonzie said:

Or even better yet, bid $12 for it when it's at auction and step ahead in line of all the monkeys who only buy closeouts.

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I haven't been beaten out for an $11 domain that I have liked, so I think I will continue to roll the dice!

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Occasionally, a nice domain will slip through the cracks and end up in closeouts and I'll snap it up, but I've been known to bid xxx on domains I really like.

A lot of times, my BINs tend to be in areas that I personally like, and I buy with that in mind.

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my only real beef with godaddy auctions is that, compared to other auction venues where you can start to connect identities to bidder aliases (that tend to gravitate to the same domain auctions as me), I never know who I am bidding against and so am less certain whether they are just "watching" the auction or are competition that tend to BID TIL THEY WIN, sometimes at alarming prices.

Not that any auction platform has it down perfect, but I really do like having a little less anonymity across the table from me when bidding on names...

But, bottom line is only bidding what I would be happy to get the domain for, regardless of whether some random person might be just bidding it up because of the last-minute action on the name, or whether I am up against a familiar alias and can more safely assume their interest and bids are genuine, so guess at the end of the day it isn't that big of a deal... just a small peeve I have with GD auctions.

I DO like watching the numerous 4-letter coms that roll through on auction. Have picked up and quickly resold a few double and triple premiums recently.... the "wait" after winning is kind of nice.... I can finalize my research, knowing that I won the domain and most likely will receive it a week and half later, put together my list of possible buyers and then am ready to fire off the emails once it lands in my account.

And, when you consider that the starting bid on auctions is considerably lower than joining expiring auctions at NJ, snap and pool, it makes picking up lower "quality" domains that I would perhaps pass on for $70 a more viable risk... if I can win it for only $20 (after renewal fee) then that is $50 more potential profit or at least wiggle room to recoup my investment worst case scenario....

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SlimPickins says,

Not that any auction platform has it down perfect, but I really do like having a little less anonymity across the table from me when bidding on names...

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I totally agree with this.

As I recall, a few years back, a Godaddy employee (now former) was bidding on GD names, which is against GD's employee policy.

Totally uncool.

I wouldn't want to be bidding against a company insider who may be plucking the best names for him/herself.

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I just learned a lesson for next year which may help out other procrastinators as well...

I was standing by ready to place my $12 bid with one minute to go, but after pressing submit, a message came up letting me know that I'd have to renew my auction membership before I could continue! Woops, I renewed as fast as I could, but, not before the minute was up. As luck would have it with this domain nobody else was waiting to place a bid before closeouts, so I ended up grabbing it as soon as it switched to $11.

Lesson: If you are watching a name, make sure your auction membership has been renewed.

Tip: Auction12 still works for 50% off auction membership

Ms Domainer said:

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SlimPickins says,

I totally agree with this.

As I recall, a few years back, a Godaddy employee (now former) was bidding on GD names, which is against GD's employee policy.

Totally uncool.

I wouldn't want to be bidding against a company insider who may be plucking the best names for him/herself.

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You mean ADAM DICKER from DNF. Why hide the names of the guilty?

Ms Domainer said:

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I searched the forum and could not find a thread dedicated solely to Godaddy auctions, which seem to be heating up lately.

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In Germany in our Forum we have 2 interesting threads

"Newly Snapped Domain Names"
Where you can only post names you snapped with Snapname, Namjet, Godaddy, etc. Not registered Domains

https://consultdomain.de/forum/doma...d-gesnappt-durch-einen-backorderanbieter.html

then we have
"Newly bought Domain Names"
Where you can post only Domain Names you bought from other people. Again, not registered Domain Names.

https://consultdomain.de/forum/doma...692-sammelthread-frisch-gekaufte-domains.html

Maybe an idea for Namepros too?
Such a big Forum needs such threads.

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DU,

I suppose that I still believe in some kind of redemption, which is why I didn't mention the former employee's name.

I have said and done some things that I later regretted and would not like to pay the price in perpetuity.

But I do see your point, that we ought to remember history so that we don't repeat it.

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Fonzie said:

all the monkeys who only buy closeouts.

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So i guess i am an Orangutan then, because i buy a lot of german Closeouts.

Thanks

defaultuser said:

You mean ADAM DICKER from DNF. Why hide the names of the guilty?

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I know that guy is an arrogant dick (every pun intended) but I had no idea that he did that as well.What a f*#$ng prick.

stogie21 said:

I haven't been beaten out for an $11 domain that I have liked, so I think I will continue to roll the dice!

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That's because you're only getting the picked over garbage at $11. A huge uptick in quality sells in the auctions, even for a single bid. What goes to closeout is significantly lower quality.

Not to say there aren't solid names that hit the closeouts- there definitely are- but if you don't keep up on the auctions, you're getting sloppy thirds, fourths rather than much better stuff.

I don't disagree with what you say, and I don't pretend to be an experienced domainer (I have only been doing it part-time for about the last 5 months with a $1250 starting budget), but I have made $1500 off of a handful of closeout domains over the last couple months.

I look through GD auctions everyday during the week, and I can't say that I see a huge difference between a domain that sells for $25 and an $11 closeout. Maybe its just the types of domains I tend to watch.

I purchased a fair share of auctioned domains as well...

Ms Domainer said:

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DU,

I suppose that I still believe in some kind of redemption, which is why I didn't mention the former employee's name.
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You're a good person. I'm not actually convinced he was doing anything "wrong" but a lot that gave that perception. I'm not sure if it was against policy at the time. The whole domaining world is full of much worse, imho

---------- Post added at 04:46 PM ---------- Previous post was at 04:44 PM ----------

GiftedDomains said:

Maybe an idea for Namepros too?
Such a big Forum needs such threads.

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Rather than requesting or stating the need for such threads.. why not just create them? You are empowered.

Start with Cuba Libre!

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I started this thread because I have a lot of experience with Godaddy auctions, which seems to be the 800-ton Gorilla in the auction biz.

I do believe that specialized auction threads (Snapnames, Namejet, Sedo, and, maybe, Pool) would do a lot to beef up this forum, so I hope that others will start them (I don't want to be a thread hog).



Now I'm veering off topic...

Two days left on that weird .co auction, still three bidders.

I suspect that one of those bidders owns the .com; the other two? Who knows.

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stogie21 said:

I look through GD auctions everyday during the week, and I can't say that I see a huge difference between a domain that sells for $25 and an $11 closeout.

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It's hard to apply any rhyme or reason to the sale prices. GD Auctions tend to be a bargain, relative to what the same name might sell for on Namejet.

Still, I can't count how many times I've seen a bunch of domainers fighting over xfdq.com, but very decent keyword or brandable stuff passes without much interest, but for a single bid in the last 3 minutes, or even clears the auctions and makes closeout.

I keep up with the auctions, which precludes any need to keep up with the closeouts since whatever arrives at that point is something I've already passed on.