DomainFest Sells Over $2,230,000 In Auction Finale!

[texmexi]

DomainFest Sells Over $2.3 million In Auction Finale!

My blog crashed several of times due to the large surge of visitors! Sorry guys! Working on getting it fixed so it never happens again.

DomainFest has just concluded the finale auction of the conference. They sold over $2,329,000 in domain sales on auction today. A grand total of over $3,148,000 for both days of the auction. (Final auction results will be released by DomainFest, this is a rough estimate, but fairly accurate )

The top names sold were; porn.net $400,000, bookmarks.com $300,000 photograph.com $195,000, females.com $90,000, intimate.com $80,000

You can check out the full details on http://simplygeo.com/2008/01/23/domainfest-auction-resultsupdates-part-2-live-on-simplygeocom/

The extended auction is still left and we will see how that goes.

Please leave comments here and on the blog for others to read and interact.

Thank you in advance for you interaction. This was exciting! Please feel free to subscribe to my RSS, thanks! :sold:

 

[E-Thunder]

Great job updating your blog. Thanks for sharing!

 

[owntype]

IMO, the auction is not that successful, but as the 1st live auction by snapnames deserves the respect! congrats to all buyers and sellers.

I sold tube.mobi (though don't know if the online bidder would pay) but the price is very near the 2 highest offers I have received so far. But anyway, I can invest on other decent names.

 

[duceman]

Reserves were way to high on most names.

 

[Diabro]

Thanks for the articles. Great job

I think no.org going for $37,500 was a steal. It is a great name for lots of organizations.

 

[Jeff]

^ Agree.

Awesome, Steve ... some of these sales figures today in general and at first blush seem a bit lower than they should be, IMHO. :blink:

I think Politics.net at $35,000 is juicy! Some folks that I know here in NH - fresh off the Primary - would eat that up for much more than that, I'd be willing to bet. :music:
Thanks much.
-Jeff

 

[equity78]

Females.com seems somewhat cheap but I guess nowhere near as good as women.com or girls.com

 

[owntype]

I am curious, what's you guys' opinions on the $400k of porn.net and $100k of yemen.com?

 

[-REECE-]

Holland.com was a steal :imho:

 

[owntype]

Holland.com was a steal :imho:

it's .net

 

[Jeff]

Holland.com?

I am curious, what's you guys' opinions on the $400k of porn.net and $100k of yemen.com?

See above (lower than I would have thought), IMHO.

Holland.com was a steal :imho:

At $27,500, I totally agree with you Mr. Reece ... http://us.holland.com

Am I missing something? :red:
-Jeff

 

[texmexi]

Thank you guys.

It was fun, but very frustrating when my blog crashed 3 times.

The auction was a success if you think about the recession currently going on.

Just because tube.mobi did not do better that you expected, does not mean it was not a healthy auction. There were alot of great .com names that did not sell because of the credit crunch going on right now in the economy.

approve.com
authorize.com
dude.com
track.com
natural.com


Either way, this was great for the domain industry and will continue to gain steam into the year with the traffic expo next month.

Good luck to all of you and thanks for visiting the SimplyGeo.com blog.

Godspeed!

 

[Jeff]

I sold tube.mobi (though don't know if the online bidder would pay) but the price is very near the 2 highest offers I have received so far. But anyway, I can invest on other decent names.

Congrats, Owntype ... I remember seeing that one around (and in your Signature)! :gl: :music:
Please keep us posted with the escrow / transfer, etc.
-Jeff

 

[owntype]

Just because tube.mobi did not do better that you expected, does not mean it was not a healthy auction.

No, no, no, mate, you misunderstood my words It has nothing relates to tube.mobi sold price. It is a bit lower than I thought, but that's the reflection of existing .mobi market.

It is a healthy auction, I mean it should be more successful because many decent .com domains didn't sell. I believe there were many other high quality names with good reserve price but snapnames let them go. In auction, the reserves are too high, and the increasement is too high to bidders.

Anyway, I am glad to be part of the auction.

Congrats, Owntype ... I remember seeing that one around (and in your Signature)! :gl: :music:
Please keep us posted with the escrow / transfer, etc.
-Jeff

Thanks, Jeff, that depends on how bidder does and how snapnames handle the payment from online bidders

 

[wot]

Awesome, Steve ... some of these sales figures today in general and at first blush seem a bit lower than they should be, IMHO. :blink:

I think Politics.net at $35,000 is juicy! Some folks that I know here in NH - fresh off the Primary - would eat that up for much more than that, I'd be willing to bet. :music:
Thanks much.
-Jeff

HollsWaaaay tooooo cheeeeap for many.

A success for the sellers and snap/moniker but has devalued names a lot. :imho:

And Holland.com - daylight robbery. :td:

 

[texmexi]

Oh, sorry, thought you were a little upset over the sale. Either way, that is a nice sale, will allow you to reinvest.

Congrats! I totally agree with you. Alot of great names did not sell. Which makes you wonder if the top bidders were even in the room.

They were probally hung over from last night! =) Slept in...

 

[Jeff]

Thanks, Jeff, that depends on how bidder does and how snapnames handle the payment from online bidders

Yes ... that's an important aspect of the finalized sale, IMHO. :gl: :yell:

You're a good dude, so I wish you the best (and please keep us posted, if you'd be so kind)! :talk:
Thanks muches.
-Jeff

 

[texmexi]

Doing some research, on why my blog crashed.

Looks like someon deliberately crashed my site using the following domain puzzlespot.com as search term to crash my site and keep it from working properly.

I am going to see if I can't discover the ip address.

Doing further research. This is crazy, why would someone be a jerk and crash my site?

 

[wot]

Apparently it was Holland.net for $27500 - better!

 

[Jeff]

Apparently it was Holland.net for $27500 - better!

Ahhhh ... I was having vertigo there for a moment! :p

Good to go, yet still - and many of these - on the lower side IMHO.
-Jeff