Are Auctions too competitive these days?

[domainsoup]

I remember playing them a few years ago and it was reasonable. Now it seems like there are too many bidders and too high prices. It seems like the prices are now unrealistic for resellers.

Recent "brandable" auction

What do you think?

 

[jamesau]

I think something is up with that particular auction. I was monitoring it also.

 

[usernamex]

That seems way to high for that domain
d u m b i c a dot com available

Sometimes, it makes me happy to see a name go for higher than I was willing to pay because it helps me let it go.

 

[tomcarl]

It's the daily blogs that list expiring/aftermarket auctions that are driving up the prices more than anything.

 

[campout]

Google Smartica -- it looks like it's somewhat of a multi-national lender currently utilizing ccTLDs. I, too, thought something was up with that auction until Googling.

 

[bytedo]

Always advisable to research names well to see who the potential bidders/buyers are. Sometimes its possible to know who is or could be after a name sometimes not. But it is always good to know. Helps a lot in pricing

 

[domainsoup]

Google Smartica -- it looks like it's somewhat of a multi-national lender currently utilizing ccTLDs. I, too, thought something was up with that auction until Googling.

And...?
That automatically means they will pay more than XX,XXX to get the domain? A lot of large companies will not pay more than XX for a domain. If they really wanted it they can UDRP for a fraction of that auction sale.

 

[domainsoup]

And there we have it.

Fastpark.net

12,346 spent on a typosquat just to park it. Company has no interest. .net wasn't taken until the auction happened by another speculator.

OR a scam auction where it is bid up and then renewed. Hoping that the scam price is indexed to so it will boost the resale.