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question Is the name Auction the best or last option to sell a name??

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KhaledA

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Hi all members !
When selling a name, is using Auction with reserve the last option to sell?
Is it the best or worst option??

Thanks !
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
No reserve auctions will attract the most bidders, but also have the highest risk of taking a loss if your domain sells for less than what you have invested in it. You can offset this by setting the starting bid at a certain price, which in way is setting a reserve price. This can equally make bidders pass and move on to the next auction.

A lot of it also depends on the liquidity of your domains as well. A good 4 letter .com is going to favor well at most auctions so the risk is lower if you don't set a reserve, whereas a random two word domain may see little activity and thus have a high risk of selling low. You need to evaluate the domain, current marketplace, and platform to determine what auction strategy to go with. It may change if you switch platforms from say Namejet to Godaddy to eBay. A lot of it is just luck as well.
 
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Auctions are for resellers and closely follow market liquidity on a given name. I would never sell a good name at auction.

But it depends on your strategy. If you are a flipper then its one of the best ways to sell to other resellers. Not THE best though.
 
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