It Gets worse - iReit Continued

[Spade]

For those of you who thought the iReit list on Afternic was a joke, you simply may have gotten to the party too late.

The following domain names were just reported as being sold:

Say.org - $500
WJA.com - $735
ZLI.com - $500
PQT.com - $571
RLU.com - $900
Gut.org - $500
LLJ.com - $603

Story here: http://namebio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/

 

[gazzip]

. I'd never heard of ireit before, and now i know. All because of this....

They are well known to many, good article here if you're interested.


http://www.dnjournal.com/cover/2006/august.htm


I'm still very surprised they owned so much rubbish, I guess it's probably from some of their big portfolio buyouts.


.

 

[Charley]

I'd never heard of ireit before, and now i know. All because of this....

These guys got cash funding from Perot, Maveron. They have many million dollar names generics like Jeans.com, so on.

 

[italiandragon]

ahhhh..... I can`t believe it.

 

[Master Chief]

sale is over.. some of the domains suggested in the ireit threads now have a min asking price of $1200 and no bin

 

[squid]

I bet they're really irate about this.

Lame pun

 

[End User King]

Could it be a publicity stunt, or something similar?

Instead of paying $50,000 to advertise at the side of forums and get a few clicks, they're getting every domainer interested and aware of their presence.

There's a chance they're taking the loss of the money from the LLL.com's as "advertising money" because that's essentially what they're doing. I'd never heard of ireit before, and now i know. All because of this....

There's a chance, isn't there? :D

My initial thoughts exactly. I actually saw this on Afternic and thought
the prices was some lame joke.

Guess the jokes on me.
I'll never slip up again.

 

[Spade]

I believe this was in fact an error, not a publicity or marketing gimmick. I will speak with iReit on Monday to confirm.

 

[raredn.com]

I believe this was in fact an error, not a publicity or marketing gimmick. I will speak with iReit on Monday to confirm.

Well if it was an error, good for them, hopefully it has marketed them well. Wish ireit the best

_____________

 

[domainman101]

Great word of mouth, their cost factor is probably less than $500 on each sold domain, but you have thousands of people now scouring your ads, and that kind of exposure is priceless. I even spent 10 minutes looking, you see potential, but squint a little closer, and the domains are sometimes missing a end letter, or whatever. Domains that sell for $50 on this site, they are trying to sell for $1200.....

 

[deleted984054565403]

Great word of mouth, their cost factor is probably less than $500 on each sold domain, but you have thousands of people now scouring your ads, and that kind of exposure is priceless. I even spent 10 minutes looking, you see potential, but squint a little closer, and the domains are sometimes missing a end letter, or whatever. Domains that sell for $50 on this site, they are trying to sell for $1200.....

I was this close to picking up illusons.com, which I thought said "illusions" -- ironic, eh? :lol:

 

[Spade]

I was this close to picking up illusons.com, which I thought said "illusions" -- ironic, eh? :lol:

I saw that one as well.... quite the illusion indeed!

 

[notlikeyou]

I was this close to picking up illusons.com, which I thought said "illusions" -- ironic, eh? :lol:

I saw that one as well.... quite the illusion indeed!

I did a double take on that one & then had to spell it out loud.

 

[Charley]

I believe this was in fact an error, not a publicity or marketing gimmick. I will speak with iReit on Monday to confirm.

Will they revert back all those sales ?

 

[Kate]

Anyone interested in a full list of what they own ?

 

[Chappy]

iReit said it was an error.
They could not back out - they were in a legally binding contract.
Enough said...

 

[Charley]

Anyone interested in a full list of what they own ?

yes, do you have a list of the 100k domains ?

 

[domianinvestor]

I considered WaterTablets.com at $500 went back a few hours later after work and it is now $1200 no BIN

Anyone who camps knows you need water tablets Or a lot of toilet paper

 

[nicedomains]

I considered WaterTablets.com at $500 went back a few hours later after work and it is now $1200 no BIN

Anyone who camps knows you need water tablets Or a lot of toilet paper

LOL

WaterTablets may have been a good pick up.. They are essential when backpacking.

 

[Kate]

For those who are interested I have parsed the zone file (.com only) and compiled a list of all domain names using Ireithost as name servers.
Result: 160K domains.

PS: do your research. I see that some names have names other than Ireit in whois so maybe they are owned by other parties.

Enjoy

http://zonescripts.com/projects/ireit.zip

 

[kev]

Thanks Kath :tu:

Rep added and a few $NP donated as promised :great: