- Impact
- 47,110
Nice, which is your domain?Already got a bid on one of mine
I actually thought it was com lolEverest // cam
Yup cam not com
If you're selling something rare, auctions may bring you more money for the item than any other means of sale. For example, sale of a rare not just typical Rolex Paul Newman Cosmograph, or a Van Gogh painting. Bidders can't get the item anywhere else and might go crazy outbidding each other, paying more than they would if doing a one on one deal with the owner.
But for average to good merchandise, auctions will almost never bring in top value or full value. And for low quality merchandise, auctions will bring in almost nothing (but, for really crappy merchandise, auctions might bring in a few bucks versus the item never selling at all).
However, auctions do bring in revenue quickly, rather than sitting waiting for the right buyer. So it's often a trade off, time versus money, money versus time.
In general, when you hear about something "going up for auction" - it means the owner couldn't sell it any other way, or needed the cash and had to move it quickly. With the noted above exceptions.
This year's Commission is down to %2530% is a rip off
Agree completely. Too many.5 more days.
Looks like these 3 of the bigger names hit reserve:
runner.com
tees.com
publicize.com
About half don't have bids/yet.
Do you guys think 500 names is too much? I do. I think there are some great names, premium names but then some that shouldn't be in there.
If you're selling something rare, auctions may bring you more money for the item than any other means of sale...Bidders can't get the item anywhere else and might go crazy outbidding each other, paying more than they would if doing a one on one deal with the owner.
...End users pay 10x or more for your name than the resellers, but almost never attend the places where domains are auctioned. So I would add that by auctioning your domain name you have pretty much settled for a reseller price in comparison to waiting for (or finding) an end user offer...