Harold Frankin
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I just lost a domain name auction on NameJet to Unregistry, a company I never heard of until now. I checked and see that they are one of the largest domain name buyer/sellers on the internet. I assume they will just park the domain I bid on so now I'll have to buy it from them if I still want that domain name. I was wondering if those of you with experience dealing with Unregistry could offer advice on how to best proceed, specifically:
1.) When you express interest in one of their domains, using the form that appears on the pages they park, do they come back with an asking price or do they ask you to make an offer?
2.) If they provide an asking price is it negotiable? Are there real people you work with to try and make a deal or is it all automated?
3.) Do you find that their asking price is based on the NameJet appraisal or the price they actually paid in the auction? For example, in our auction the domain was appraised at about $2,000 but they got it for $400.*
4.) Do they ever consider domain name trades? I have a few domains that I think might be more valuable than the one I bid on. I'd just as soon trade them a name I'm not using for the one I really want. Or should I just list the domains I have with them and then when one or more sell, use those funds to buy the domain I bid on?
Thanks in advance to any of you domain name veterans who can help me decide what to do next!
* In case you're wondering why I didn't bid higher than $400, it appeared that they put in a proxy bid because we both started low and every time I bid $10 higher their bid went up automatically. I had no idea how high they were planning to go and really didn't think the name was worth more than $400, regardless of the NameJet appraisal price, so I stopped at $400 and let them win. We were the only two people participating in the private auction... another reason I thought the domain name was not really worth that much.
1.) When you express interest in one of their domains, using the form that appears on the pages they park, do they come back with an asking price or do they ask you to make an offer?
2.) If they provide an asking price is it negotiable? Are there real people you work with to try and make a deal or is it all automated?
3.) Do you find that their asking price is based on the NameJet appraisal or the price they actually paid in the auction? For example, in our auction the domain was appraised at about $2,000 but they got it for $400.*
4.) Do they ever consider domain name trades? I have a few domains that I think might be more valuable than the one I bid on. I'd just as soon trade them a name I'm not using for the one I really want. Or should I just list the domains I have with them and then when one or more sell, use those funds to buy the domain I bid on?
Thanks in advance to any of you domain name veterans who can help me decide what to do next!
* In case you're wondering why I didn't bid higher than $400, it appeared that they put in a proxy bid because we both started low and every time I bid $10 higher their bid went up automatically. I had no idea how high they were planning to go and really didn't think the name was worth more than $400, regardless of the NameJet appraisal price, so I stopped at $400 and let them win. We were the only two people participating in the private auction... another reason I thought the domain name was not really worth that much.
