Selling a Domain Name on eBay

[Dave44]

Recently a domain name, Inventions.com, "sold" on e-bay for $650,300.00. There were many high number bidders. Six bidders above $100,000.

My question is: How did so many serious bidders, bidding serious money, know about the auction on such short notice (the 10 days of the auction)? Was the auction advertised somewhere? I would assume people would have to put together a business plan to buy such a domain name for that kind of money. Am I missing something?

Dave44

 

[deet]

Recently a domain name, Inventions.com, "sold" on e-bay for $650,300.00. There were many high number bidders. Six bidders above $100,000.

My question is: How did so many serious bidders, bidding serious money, know about the auction on such short notice (the 10 days of the auction)? Was the auction advertised somewhere? I would assume people would have to put together a business plan to buy such a domain name for that kind of money. Am I missing something?

Dave44

That auction was posted here at NP$ while on ebay. and I am sure other
domain forums picked up on it as well. I would say there are many high rollers out there who dont mind spending this kinda money on such a good domain.

 

[duskdawn]

That auction was posted here at NP$ while on ebay. and I am sure other
domain forums picked up on it as well. I would say there are many high rollers out there who dont mind spending this kinda money on such a good domain.

yes I guess so :blink: , I bet the seller must advertise a lot, not only in the forums.

 

[vphost]

For that much money, I would say meeting with them in person and do a contract or something will be a much safer bet. There could be other users that inflate such an amount.

 

[mikfo]

The big boys always have people looking for available domains.

With the escrow services it works just as well as an in person negotiation.

Wish I had a few domains that would catch their interest :D

 

[MissFlora]

Most such big transactions will be handled face to face or at least in the interference of a legal lawyer with papers etc. For the big players, it won't be hard to know good domains like inventions.com are being sold at where and where, with what price, at what time etc. Most have relations with each other.

Flora.

 

[xpoint9]

i'm planing on selling my domain on e-bay.

www.iamfull.com

dont know how much $$$$$$$$$$$ to put for it. i asked people her and other forums, they all said something close to mid $$ or reg fee. but i'll put something like

$100,000 lol

I have a few questions on this (like how to put it on the auction e-bay, guess i'll start a new thread when i have time)

 

[BurninDragon08]

They must have advertised alot. Because I dont think that a lot of high rollers come to forums much often? But who knows?

 

[AdoptableDomains]

IMHO, ebay is only good if you have a domain you KNOW is premium and mainstream. For the run-of-the-mill domain, the listing fees will eat you alive. I sold some names on ebay pre-2000, and found that listing fees ended up costing more than registration fees for the very short 7 to 10 day auctions. I'll occassionally throw something up on the couple says a year free listing days, but now find other ways to sell.

However, if you DO have a six figure name, then spending a few hundred in repeated listing and featured item fees should be well worth the investment based on the number of eyes ebay gets in front of.

 

[FedPrimeRate.com]

My question is: How did so many serious bidders, bidding serious money, know about the auction on such short notice (the 10 days of the auction)?

Serious players are always scanning eBay for high profile domain names.

Writing a press release is a great way of getting the word out about a domain sale. I think the best free press release service is PR Leap.

AmCy