iReit Liquidating more than 100k Domains

[Spade]

Since Friday, iReit.com (Internet Reit) has been uploading over 100,000 domain names to the Afternic and BuyDomains platforms. There were some early deals to be had for anyone who realized it.

Story here:

http://namebio.com/NameBioBlog/2008/03/31/ireit-unloading-portfolio/

 

[Spade]

thanks Justin

i just saw some names and i agree with people said there are not good names there

I promise that there are plenty of Gems among that junk. You just need to know how to look.

=)

 

[E-Thunder]

I promise that there are plenty of Gems among that junk. You just need to know how to look.

=)

Any tips on how to sort through them? Overwhelm is a great pick up.

 

[Spade]

Any tips on how to sort through them? Overwhelm is a great pick up.

Well, quite a few of the names that are for sale, are not listed yet on Afternic. Just be patient and keep watching.

Also - keep an eye on Blog.Namebio.com - I will have a list of premium names for sale from Afternic once I get finalized pricing.

Justin

 

[dochlaggie]

well I have looked 5000 names so far a lot of junk

Well I have looked 5000 names so far a lot of junk. There was one of two that if it was a drop i might consider registering but $500- NO WAY.

I am laughing as i read through the listings. "piggylyrics.com" is still available.

At least they are getting lots of publicity for there sale.

 

[VURG]

Sorry about the april 1st joke. Was playing around.

Hoping some other big holders start selling some names. NAMedia has the domain I'd want.

 

[BorderPatrol]

I just regged a domain I let drop back in 2003, and the owner that took it let it drop this year. When I checked the whois data it turned out to be iReit

Oh, and the name was BMXSucks.com BTW

 

[james2002]

Update, I have access to my new domain - Overwhelm.com

You certainly dig a gem. Very good domain name.

 

[smashfactory]

even if they were clearing out the "junk"- why would they be letting go of these better names then? is it that they are not performing? why would they not hold the LLL.coms?
i can see ditching non-performing junk, but why the better ones?

i cant tell with all the dang april fools jokes- did english.com really go for 500.00? i can see overwhelm at that price point but english?

 

[gazzip]

i cant tell with all the dang april fools jokes- did english.com really go for 500.00? i can see overwhelm at that price point but english?

nooo but you can make an offer for it here if you want to

http://inquiry.english.com/


Goog luck getting it for $501


.

 

[deleted984054565403]

nooo but you can make an offer for it here if you want to

http://inquiry.english.com/


Goog luck getting it for $501


.

Too late -- I made a $600 offer yesterday. :lol: Surely, they'll accept that...

 

[smashfactory]

i didnt think so- but had to check- weirder things have happened

 

[gazzip]

Too late -- I made a $600 offer yesterday. :lol: Surely, they'll accept that...

> GOOG < luck again :hehe: ooops !

Stick another two zeros on the end and you'll still need alot of Goog Luck IMO


.

 

[marcoppp]

firesale

Update, I have access to my new domain - Overwhelm.com

How long did you have to wait for a confirm from ireit?

 

[deleted984054565403]

How long did you have to wait for a confirm from ireit?

Hi marcoppp -- welcome to NamePros!

The seller (iReit) confirmed the "offer" (I used buy it now, as did Spade, I believe) within a few hours for me. I bought around 10:00 AM, and by 2:00 it was confirmed. :tu:

I'm not sure how long the actual transfer takes.

 

[Spade]

How long did you have to wait for a confirm from ireit?

Purchased on Friday - Got the domain Tuesday Afternoon. (Confirmation on Mon).

Additional Update: I was informed by Afternic/BuyDomains today that many domains that were initially going to be put for sale are being held and will be released slowly.

There are a few cc.net's that are listed, but with asking prices of 100k each.

Justin

 

[marcoppp]

Would they let you know that your bid was too low or would ireit just not reply at all even when the bid was higher than the minimum?
Agree, lot of crap on the list

 

[Spade]

I believe they would be willing to Negotiate - however starting a CC.net at 100k is a bit over the top.

 

[Name Trader]

Yup, most of the names are Junk. But I am aware of several CC.net and CC.org's that will be posted soon as well as many LLL.net and LLL.com.

Theres some good stuff, I promise.

Justin

OK. how do we list iReit's LL's & LLL's at Afternic?

 

[Spade]

OK. how do we list iReit's LL's & LLL's at Afternic?

As of this moment, they are not "listed" they wont tell me when either. I think we just need to keep our ears to the ground on this one.

Justin

 

[accent]

What is interesting to me is the "look behind the curtain" at what these Big Investors have been buying - and it appears that their highly promoted collection is a few good short domains and a big load of cr@p.

You can still sell hot air on Wall Street, it seems.

Yet another vote of confidence in short domains, in my opinion. It appears that IREIT's buyers did not know what they were doing. If they stuck to short domains they would have done much better.