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Namebio datas aren't right !

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I have just noticed this sale on namebio for promoteroo.com
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but in fact the domain ended unsold
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I always thought that the sales on namebio are right and never check on them.
I guess we need to check every sale from now on , or namebio need to fix this issue in their datas.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
.US domains.US domains
Thank uoi for this info.
 
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Oops. I hope it's only a temporary issue.
 
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I always thought that the sales on namebio are right and never check on them.
I guess we need to check every sale from now on , or namebio need to fix this issue in their datas.

Thanks for the info OP. I always assumed the sales went through some type of verification process. Errors happen.

Perhaps they should add a recanted sales section? I enjoy when news outlets fact check themselves and report their inaccuracies.

Namebio cannot check every Go Daddy sale, Michael put a disclaimer on the site about it. Heated discussion here about sales data

+1 for the comments
 
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Flippa feeds us their recently closed sales through an API, so if we have it that is what Flippa gave us. Kevin circles back with us from time to time to remove sales that didn't complete, but it is a very small percentage. He used to do it every few weeks, but lately it has been every few months.

This may be one of those cases, or it could be a case of one of the parties buying privacy from Flippa after the fact to remove the auction page. I think that costs $20 or something like that. I'm guessing that's what happened because it says "Domain Classified ended unsold" and isn't referring to the auction. Here's an example of what it generally looks like when an auction gets reversed:

https://flippa.com/6078474-loan-sc

My comment hasn't been approved on Ray's blog yet, but this is what I posted there regarding the GoDaddy expired auctions that ended up getting renewed or transferred out:

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Verifying sales is often tricky and always time consuming. And even if you "verify" a WHOIS change, you still can't be 100% sure of the price because many venues sell to the runner up when the winner doesn't pay instead of doing a re-auction. In this case you know a sale happened but the price could be thousands less than the auction ended at. And when I say you "know" I use that word very loosely, because someone could renew and change the WHOIS, put it under privacy, etc. Heck, the sale could be valid but the winner puts it back in the old owner's name for a bit to make it look like it didn't complete.

Smarketing.com is a good example of a tricky one. This was renewed, but both the WHOIS and the DNS are totally different than before it expired. I assume Ray looked up the company name that used to be in the WHOIS and did a WHOIS on that, and then you can tell that it never actually changed hands. But at a quick glance it looks like a sale went through.

To create software that can deal with all of these crazy situations would be both difficult and very expensive. WHOIS history is 18 cents per query the last I checked. To verify a sale you'd have to check several dates around the date of the closed auction, at minimum one date a few months before expiration and one date around a month after expiration. So to even make a rough pass at cleaning up the existing data would cost around $150,000 and almost $400/day moving forward. NameBio doesn't even make $400 per day so that, or hiring two full-time staffers to verify every sale, simply isn't practical.

We do our best to give people a clue what is going on in a market almost entirely devoid of transparency. But to expect perfect accuracy with the volume of data we're providing isn't reasonable. Like Joseph said, use it as a guide and do your own homework from there.

I would love to see more venues stepping up and sharing data, and not just the $2k+ sales either. That's the only realistic way to have completely accurate data. But given the value of this data, many venues don't want to share and see it as a proprietary advantage. So the only alternative is to let us know when you notice a sale didn't go through and crowd source it. I'm more than happy to remove sales that didn't complete and I do it on a regular basis.

I removed the sales Ray pointed out after confirming them myself.
 
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Flippa feeds us their recently closed sales through an API, so if we have it that is what Flippa gave us. Kevin circles back with us from time to time to remove sales that didn't complete, but it is a very small percentage. He used to do it every few weeks, but lately it has been every few months.

This may be one of those cases, or it could be a case of one of the parties buying privacy from Flippa after the fact to remove the auction page. I think that costs $20 or something like that. I'm guessing that's what happened because it says "Domain Classified ended unsold" and isn't referring to the auction. Here's an example of what it generally looks like when an auction gets reversed:

https://flippa.com/6078474-loan-sc

My comment hasn't been approved on Ray's blog yet, but this is what I posted there regarding the GoDaddy expired auctions that ended up getting renewed or transferred out:

---

Verifying sales is often tricky and always time consuming. And even if you "verify" a WHOIS change, you still can't be 100% sure of the price because many venues sell to the runner up when the winner doesn't pay instead of doing a re-auction. In this case you know a sale happened but the price could be thousands less than the auction ended at. And when I say you "know" I use that word very loosely, because someone could renew and change the WHOIS, put it under privacy, etc. Heck, the sale could be valid but the winner puts it back in the old owner's name for a bit to make it look like it didn't complete.

Smarketing.com is a good example of a tricky one. This was renewed, but both the WHOIS and the DNS are totally different than before it expired. I assume Ray looked up the company name that used to be in the WHOIS and did a WHOIS on that, and then you can tell that it never actually changed hands. But at a quick glance it looks like a sale went through.

To create software that can deal with all of these crazy situations would be both difficult and very expensive. WHOIS history is 18 cents per query the last I checked. To verify a sale you'd have to check several dates around the date of the closed auction, at minimum one date a few months before expiration and one date around a month after expiration. So to even make a rough pass at cleaning up the existing data would cost around $150,000 and almost $400/day moving forward. NameBio doesn't even make $400 per day so that, or hiring two full-time staffers to verify every sale, simply isn't practical.

We do our best to give people a clue what is going on in a market almost entirely devoid of transparency. But to expect perfect accuracy with the volume of data we're providing isn't reasonable. Like Joseph said, use it as a guide and do your own homework from there.

I would love to see more venues stepping up and sharing data, and not just the $2k+ sales either. That's the only realistic way to have completely accurate data. But given the value of this data, many venues don't want to share and see it as a proprietary advantage. So the only alternative is to let us know when you notice a sale didn't go through and crowd source it. I'm more than happy to remove sales that didn't complete and I do it on a regular basis.

I removed the sales Ray pointed out after confirming them myself.

Approved Michael, sorry for the delay it went to spam.
 
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Approved Michael, sorry for the delay it went to spam.
No worries, figured Akismet caught it because it didn't even say awaiting moderation or anything like that. I'm impressed you caught Smarketing.com, I only looked that deep because you said it didn't complete and I've never seen you be wrong. I would have seen totally different WHOIS and moved on. Kudos.
 
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WHOIS history is 18 cents per query the last I checked.

Thanks @Michael - I wasn't aware of a service that charges 18 cents per WHOIS history. Can you elaborate on this? Or point me to the right direction...

We do our best to give people a clue what is going on in a market almost entirely devoid of transparency. But to expect perfect accuracy with the volume of data we're providing isn't reasonable. Like Joseph said, use it as a guide and do your own homework from there.

Thank you for your efforts! Do your users ever report false sales to you directly? Since it's a tedious task, I'd imagine you'd be welcome to other fact checkers verifying the data and reporting possible errors to you.

I would love to see more venues stepping up and sharing data, and not just the $2k+ sales either. That's the only realistic way to have completely accurate data. But given the value of this data, many venues don't want to share and see it as a proprietary advantage. So the only alternative is to let us know when you notice a sale didn't go through and crowd source it. I'm more than happy to remove sales that didn't complete and I do it on a regular basis.

Have you guys considered adding a recanted sales section? Simply removing the sale from the system doesn't erase the data from the minds of the people who monitor NameBio sales on a regular bases. Often times I don't recheck the sales price on NameBio. I tend to take mental notes of what's selling as it comes.
 
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Thanks @Michael - I wasn't aware of a service that charges 18 cents per WHOIS history. Can you elaborate on this? Or point me to the right direction...
DomainTools API, but it's been a few years since I asked them for a price quote so it may have changed.

Thank you for your efforts! Do your users ever report false sales to you directly? Since it's a tedious task, I'd imagine you'd be welcome to other fact checkers verifying the data and reporting possible errors to you.
Users sometimes report sales that didn't complete to us, but not as often as I'd like. Many times they were the winner of a GoDaddy auction that got renewed, or they were the seller in a Flippa auction where the winner didn't pay. We're happy to double check and delete the sales.

Yea, I'd love it if more people who notice a sale didn't complete told us about it. I really appreciate it when Ray does these posts, I hate bad data and I'm happy to remove it, but it just isn't practical for us to verify a thousand sales a day.

Bottom line is you just don't know, many times you can't draw a conclusion from WHOIS history, and even then you don't know if the winner didn't pay and it sold to the runner up at a lower price. It's an imperfect system, but about as good as it can get without a major investment that would never pay off.

Really what the industry needs is more venues sharing more data, as anything else is just varying degrees of guesswork. It would take a lot of time and money just to go from 95% correct to 98% correct. But if they shared it would take no money or effort to be 100% correct.

Have you guys considered adding a recanted sales section? Simply removing the sale from the system doesn't erase the data from the minds of the people who monitor NameBio sales on a regular bases. Often times I don't recheck the sales price on NameBio. I tend to take mental notes of what's selling as it comes.
I'll give this some thought, although until now we haven't been keeping track of what was deleted. Many of the ones I remove are from DropCatch, those are easy to spot because they do a re-auction, so if you see two sales over the span of a few weeks you know for sure the first one fell through.

If enough people are interested in this page I could probably set it up. Just create a trigger so that when a sale is deleted, it moves it to another database table of recanted sales, and make a new page just to load those. At this point I don't think we delete enough sales to justify creating this page, and it might give people the false impression that if it wasn't recanted it must be true. We'll see, I'm open to it.
 
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I personally think namebio etc. do a good job, nothing is going to be perfect and the occasional bogus sale will happen, names renewed etc.

The one thing which drives me mad is seeing names advertised on namebio for example with great pre sale pitches for the domains in question and you click the link and it takes you to a godaddy expiring auction.
Happens over and over again for high value and liquid domains. In fact i'm almost certain specifics.com which just got renewed was recently featured on namebio, maybe iski.com as well as well as other names which were renewed.

My suggestion would be for namebio and others where relevant to check to make sure no such names are allowed to be advertised in future, it's easy enough to check if a name is expiring and would stop wasting buyers time and opportunity cost waiting for the refund to arrive.

Just my 2 cents but every time a high value name is expiring on godaddy make sure to check to see the domain isn't advertised somewhere first IMO.
 
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I agree that there will always be times when something slips through the cracks. It happens.

I love using namebio its a great tool and its free :)

I can confirm the data of QWVR.com $636 I won didn't happen as it unfortunately got renewed & yes it happens often on GoDaddy expiring auctions but sometimes I get a winner!!! IMO

QWVR.JPG
 
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Thanks all for the kind words of support.

I personally think namebio etc. do a good job, nothing is going to be perfect and the occasional bogus sale will happen, names renewed etc.

The one thing which drives me mad is seeing names advertised on namebio for example with great pre sale pitches for the domains in question and you click the link and it takes you to a godaddy expiring auction.
Happens over and over again for high value and liquid domains. In fact i'm almost certain specifics.com which just got renewed was recently featured on namebio, maybe iski.com as well as well as other names which were renewed.

My suggestion would be for namebio and others where relevant to check to make sure no such names are allowed to be advertised in future, it's easy enough to check if a name is expiring and would stop wasting buyers time and opportunity cost waiting for the refund to arrive.

Just my 2 cents but every time a high value name is expiring on godaddy make sure to check to see the domain isn't advertised somewhere first IMO.

We block out a few featured listing spots each day to promote GoDaddy expired auctions, it's one of the few ways NameBio makes money. Many of them don't get renewed and you end up winning a good domain you might not have been aware was even on auction. We send GoDaddy hundreds of thousands of dollars in successful sales per year this way, meaning they actually closed successfully.

I agree that there will always be times when something slips through the cracks. It happens.

I love using namebio its a great tool and its free :)

I can confirm the data of QWVR.com $636 I won didn't happen as it unfortunately got renewed & yes it happens often on GoDaddy expiring auctions but sometimes I get a winner!!! IMO

Show attachment 28507

Thanks for the report, I verified it and removed the sale.
 
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Thanks all for the kind words of support.



We block out a few featured listing spots each day to promote GoDaddy expired auctions, it's one of the few ways NameBio makes money. Many of them don't get renewed and you end up winning a good domain you might not have been aware was even on auction. We send GoDaddy hundreds of thousands of dollars in successful sales per year this way, meaning they actually closed successfully.



Thanks for the report, I verified it and removed the sale.

Ah I see okay I assumed it was the seller's trying to inflate the price and move it away.
As it happens some of the time, the seller is just gauging demand before renewing/transferring out but at least I know it's not them paying for promotion :)

Thanks for confirming that.
 
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DomainTools API, but it's been a few years since I asked them for a price quote so it may have changed.

I'm pretty sure you can do it for free by querying the WHOIS servers directly. I had a custom app made that did this to help provide information on interesting domains.
 
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Ah I see okay I assumed it was the seller's trying to inflate the price and move it away.
As it happens some of the time, the seller is just gauging demand before renewing/transferring out but at least I know it's not them paying for promotion :)

Thanks for confirming that.

No problem. Yea most people are doing it for a free appraisal or as a way to decide what to keep. It's really frustrating and we, and many others, have complained to GoDaddy about this several times over the years. It's just the nature of the expired domain game though, even NJ wins can get renewed so it isn't unique to GoDaddy.

I'm pretty sure you can do it for free by querying the WHOIS servers directly. I had a custom app made that did this to help provide information on interesting domains.

Once the domains are on auction or in pre-release the WHOIS has already been changed to "Redemption Services" or similar. So at that point it's already too late to do a live WHOIS lookup and see the previous owner, you have to do it with history to get the "before" data.

To get the "after" data we could do a live lookup, but only for auctions moving forward. To clean up the existing database would require at least two historic lookups per sale.
 
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No problem. Yea most people are doing it for a free appraisal or as a way to decide what to keep. It's really frustrating and we, and many others, have complained to GoDaddy about this several times over the years. It's just the nature of the expired domain game though, even NJ wins can get renewed so it isn't unique to GoDaddy.



Once the domains are on auction or in pre-release the WHOIS has already been changed to "Redemption Services" or similar. So at that point it's already too late to do a live WHOIS lookup and see the previous owner, you have to do it with history to get the "before" data.

To get the "after" data we could do a live lookup, but only for auctions moving forward. To clean up the existing database would require at least two historic lookups per sale.

Totally overlooked that. Good cal. :)
 
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