A Domainers World Just Ended

[DOMiNIC]

For anybody who hasn't read this weeks DNjournal this is just Unbelievable. http://www.dnjournal.com/domainsales.htm

The same person allowed all of these names to drop and this is what they sold for at Snap Names.

VacationWorld.com $45,400

ShoppingWorld.com $25,500

AdvertisingWorld.com $21,000

ReligionWorld.com $18,250

EntertainmentWorld.com $17,750

CandyWorld.com $15,250

ArtistWorld.com $15,250

RetirementWorld.com $13,750

MedicalWorld.com $12,250

DoctorWorld.com $12,250

ConventionWorld.com $12,250

ExerciseWorld.com $ 8,487

MagazineWorld.com $ 7,000

AirlineWorld.com $ 6,487.

By my calculation that amounts to $230,874.00 and who knows how many more lesser valued world.com domains he let drop.

I guess this guy is thinking about dropping off the nearest tall building.

Anybody who says that Domains are like real estate and the stock market are wrong. This could only happen in the 'WORLD' of domains

 

[DJ-Sound]

Thats gotta suck, I went through my old .infos that I let drop and most of them were developed

 

[Rom]

Looks like someone tied him in basement so his names would expire :lol:! Ouch! :o

 

[TUFKATH]

Looks like someone tied him in basement so his names would expire :lol:! Ouch! :o

Lol I wonder if that is a crime? Purposely delaying someone from renewing their domains.

 

[capiche]

Looks like someone tied him in basement so his names would expire :lol:! Ouch! :o

It puts the lotion on it's skin..... LOL

(That's out of Silence of The Lambs.. just in case you don't get it)

 

[DOMiNIC]

For anyone who is interested just looked up the buyers - No Suprises Here!!!

VacationWorld.com $45,400 Vertical Axis
ShoppingWorld.com $25,500 Ecommerce advertising (Grand Cayman)
AdvertisingWorld.com $21,000 Name Administration(Grand Cayman)
ReligionWorld.com $18,250 No info
EntertainmentWorld.com $17,750 Ecommerce advertising (Grand Cayman)
CandyWorld.com $15,250 Ecommerce advertising (Grand Cayman)
ArtistWorld.com $15,250 Domain Admin
RetirementWorld.com $13,750 Name Administration(Grand Cayman)
MedicalWorld.com $12,250 Name Administration(Grand Cayman)
DoctorWorld.com $12,250 Name Administration(Grand Cayman)
ConventionWorld.com $12,250 Name Administration(Grand Cayman)
ExerciseWorld.com $ 8,487 Ecommerce advertising (Grand Cayman)
MagazineWorld.com $ 7,000 Ecommerce advertising (Grand Cayman)
AirlineWorld.com $ 6,487 Ecommerce advertising (Grand Cayman)

 

[armstrong]

I'm having a hard time wrapping my mind around these prices. AirlineWorld.com $6,487, give me a break. Something just doesn't smell right about some of these auctions.

Smoke and mirrors :imho:

Pretend for a minute that you're Netsol CEO, and wanted to encourage more new regs, and to discourage non-renewals. HINT: Snapnames owes you bigtime since you could always stop giving them priority over drops. What would you do?

Moral to the story... If you've been doing this for a while and you feel confident in your name choices...... NEVER let them drop.

Hey, the strategy is working! :bah:

 

[Grrilla]

there are big contenders there and they all have deep pockets, so they get into bidding wars or w.e and the after market is plague with fake bids. im not sure why it happens it just happens, alot

The 10 Seasons of a Domain Names Early Life

1)ABC.com is regged. Owner is very happy that he was the 1st to find it. Yep, that was a nice grab!
2)ABC.com doesn't get much traffic
3)ABC.com gets appraised for reg fee-low $xx's
4)ABC.com goes up for auction at AfternicBazaar for $10. Does not sell.
5)ABC.com offer comes in from Sedo for $500. A week later an email arrives cancelling the transfer.
6)ABC.com is renewed for a year. A year passes.
7)ABC.com is released by owner due to low appraisals and general lack of interest. Owner thinks to himself, hmm... I thought there was something there, but I guess I just didn't see that one right.
8)ABC.com drops and is immediately picked up by a registrar who is partnered w/Snapnames
9)ABC.com sells for $4,780 in a Snapmames auction
10)ABC.com's original owner, the domainer with the original vision, scratches his head and says to himself, "WTF is going on!"

 

[capiche]

Moral to the story... If you've been doing this for a while and you feel confident in your name choices...... NEVER let them drop.

Hey, I think their strategy is working! :bah:

I'm having trouble following you. You think it's best to let good names drop?

 

[DOMiNIC]

I'm suprised some of you think these were mediocre domains.

VacationWorld.com
ShoppingWorld.com
AdvertisingWorld.com
EntertainmentWorld.com
RetirementWorld.com
MedicalWorld.com
ConventionWorld.com
MagazineWorld.com
AirlineWorld.com

I personally think all of these make excellent jounal/forum sites if not retail sites.

 

[America First]

This brings me to this point...
I have a 3 year old son, I am leaving him everything i have when i pass, i was concerned about dying in lets say a car crash, or plane crash and it happens next month. I have set up a trust account in my sons name for my domains to be reg`d at a 10 year clip, so they will never drop.(if i were to die) This could happen to any of us, my thoughts are everyone should protect them self from this happening. I don`t know why these dropped but if you don`t have it set up to pass on then you lose them, how many have a spouce ready to take over? I have written all the instructions down and personally talked to my attny about my names and my business so he understands. I would hate to have a heart attack and my names drop, and lose 7 years of investing like this person did. And as in this post,

"New at DNJournal: 20 Domain Experts On What Happened in 2005 & What's Coming in 2006 " in the NEWS section,
I quote" Rick Schwartz "As domainers we are in the right place at the right time and you had to see it years ago to get your proper place. There is only one way to get in the game now and that requires lots of money. Luckily there is a lot of money out there and it is coming our way. The longer they delay, the more they will pay. So that is why I continually refer back to being patient. Doing nothing is making folks fortunes whether they know it or not!"

PATIENTS is the key.... and having a back up plan would not hurt. IMHO
Joker!

 

[TLDnetworks]

OK, so here's the plan. Contact SN and work a deal to auction your names as "drops".

 

[capiche]

The 10 Seasons of a Domain Names Early Life

1)ABC.com is regged. Owner is very happy that he was the 1st to find it. Yep, that was a nice grab!
2)ABC.com doesn't get much traffic
3)ABC.com gets appraised for reg fee-low $xx's
4)ABC.com goes up for auction at AfternicBazaar for $10. Does not sell.
5)ABC.com offer comes in from Sedo for $500. A week later an email arrives cancelling the transfer.
6)ABC.com is renewed for a year. A year passes.
7)ABC.com is released by owner due to low appraisals and general lack of interest. Owner thinks to himself, hmm... I thought there was something there, but I guess I just didn't see that one right.
8)ABC.com drops and is immediately picked up by a registrar who is partnered w/Snapnames
9)ABC.com sells for $4,780 in a Snapmames auction
10)ABC.com's original owner, the domainer with the original vision, scratches his head and says to himself, "WTF is going on!"

I've never heard it explained step by step like that.. but it makes all the sense in the world. You know we were talking about deadbeat bidders at Sedo the other day. You think it's possibly people like Name Admin, etc.. just trying to break a persons spirit by doing this?
There's obviously a lot more going on behind the scenes than most people are aware of.

 

[DOMiNIC]

This brings me to this point...
I have a 3 year old son, I am leaving him everything i have when i pass, i was concerned about dying in lets say a car crash, or plane crash and it happens next month.

You bring up a great subject Joker, I don't know if its been discussed here before?

Imagine you die, (hmm I think we all will die), and your domains are not specifically set out in your will. Imagine the fun and games the Probate Lawyers, (or should that be Reprobate lawyers), could have.

The Re-probate Lawyer would be able to drag things out and prevent your spouse or children from updating registrations.

In fact has anybody come accross domain insurance?

 

[capiche]

Pretend for a minute that you're Netsol CEO, and wanted to encourage more new regs, and to discourage non-renewals. HINT: Snapnames owes you bigtime since you could always stop giving them priority over drops. What would you do?

I think I get you now. Just had to re-read it. Yes, it works out for the registrar that way, by scaring people into renewal, but at least when the big boys come buying they're paying domainers who worked hard to find the good names.

 

[betterdayz4]

yes there is something very wrong with the logic of it. domain owner should be allowed to let their names go to expiry auction and reap the rewards for ownership. there needs to be the option to actively list for auction upon drop for yourself, if you don't tick this option then the usual drop process applies and the normal parties make their profits. fair enough someone who is silly enough not to have them on auto renew etc lets them go, but there needs ot be the chance to drop auction ourselves, especially as this is the most effective way to get to a real value amount for the name. the first people to start offering this option will get a flood of users immediately.... unless i've missed somewhere that does offer this ???

 

[armstrong]

Ok then, to the point. I do not entirely trust the drop auction game, given the web of interlocking financial interest. If Netsol/Snapnames were to setup a couple of fake bidders to jack up the auctions, then they would benefit in several ways:
- increased regs
- decreased non-renewals (capiche: that's the part where "their strategy is working" on you)
- high profits on endusers who actually really really need/want particular dropping names

In Grrilla's post above, there should be an 11th season:

11) ABC.com's original owner maxxes out his credit card to renew his 999 other domains, which he promised to himself to let drop.

I'm not saying that this is what's going on under the hood of the Netsol/Snapnames drop auction machine. This is pure conjecture, and I have no proof.

However, I wouldn't register AirlineWorld.com for $6.95 no matter how many times it gets sold for $6,487. If you would, then consider regging the following available domains:

AirlineAdventure.com
AirlineBoard.com
AirlineBuilder.com
AirlineDealers.com
AirlineDeluxe.com
AirlineCraft.com
AirlineConnect.com
AirlineFans.com
AirlineLover.com
AirlineStore.com

 

[nemnoew]

Smoke and mirrors :imho:

Pretend for a minute that you're Netsol CEO, and wanted to encourage more new regs, and to discourage non-renewals. HINT: Snapnames owes you bigtime since you could always stop giving them priority over drops. What would you do?


Hey, the strategy is working! :bah:

Thats what I was thinking.

 

[capiche]

..unless i've missed somewhere that does offer this ???

I 've never heard of them if they exist. But I agree, if they did exist, they would be an instant success. Like you said, give the domainer a choice. He can let his domain go through an ordinary drop process, or he can choose to create his own drop auction through a service, for a small fee, of course, (So everyboy's happy) and that would be his best chance to get fair market value for his name.

 

[betterdayz4]

above post by me made no comment on the actual names and i agree with armstrong. something is very very fishy.

the process is certainly not transparent enough for my liking... ramping looks increasingly likely.

 

[nemnoew]

However, I wouldn't register AirlineWorld.com for $6.95 no matter how many times it gets sold for $6,487.

Well put.