NameSilo

Wrong sales are being reported to NameBio

Labeled as analysis in Domain Buying and Selling Discussion, started by MysticHero, Mar 25, 2021

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  1. MysticHero

    MysticHero Established Member

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    Some days ago, I noticed and I had doubt about the legitimacy of some transactions. I didn't do a thorough check at that time... but today I just checked a listing on the top page randomly. It was - "hund.us" which got sold for $11,822 (according to NameBio) through Sedo, but on loading up the URL, it was available for purchase at just $388 on Sedo.

    I heard about fabricated domain venues at NameBio, but this is new.

    [​IMG]

    [​IMG]


    Is this a bug/mistake or this is intentional? What do you think, old players!
     
    Last edited: Mar 25, 2021
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  2. Dot.us

    Dot.us Restricted (15-30%) Gold Account

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    I mention on .US official thread because for me as you for you is very strange to report a sale for a name that is sale at 388
     
  3. Pierre Barnard

    Pierre Barnard Top Contributor VIP

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    Smoke and mirrors again?
     
    Last edited: Mar 27, 2021
  4. noneisnone

    noneisnone 444 VIP Gold Account

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    care to elaborate on the 'again' ? :o
     
  5. Pierre Barnard

    Pierre Barnard Top Contributor VIP

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    Not really. I have seen my share of "strange happenings" in the domain world over the years. Still love it though.
     
  6. PhongSGC

    PhongSGC Top Contributor VIP

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    perhaps it's just a cache? Or why to give fake report like that?
     
  7. Alop

    Alop Restricted (15-30%) Gold Account

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    It could be intentional for bigger advertisements
     
    Last edited: Mar 27, 2021
  8. phaethon

    phaethon Established Member

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    I checked many reported sales on Name Bio and most of the domains are on sale again. Even some xxxx sales. Very few domains have been developed.
    I'm really wondering how accurate these reported sales are..
    What's the deal, guys?
     
    Last edited: Sep 14, 2021
  9. Lox

    Lox _____ VIP

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    The NB is on autopilot, just catching any/allowed data reports from venues s.a. Sedo.
    In most cases, this occurs after your domain have been sold and buyer didn't paid.
    Some venues let you hold a domain name for x-xx days until you pay. - showing status: sold, rarely reserved or on-hold)
     
    Last edited: Sep 14, 2021
  10. Hypersot

    Hypersot Top Contributor VIP

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    I think there is a lot of manual work as well.

    It's important to note however that people seem to ignore how hard is to get solid data from any part of domaining. The work that NB does is exceptional imo and errors are expected to happen.
     
  11. karmaco

    karmaco Top Contributor VIP

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    Development has nothing to do with if it sold or not. Most sold names aren’t developed.
     
  12. phaethon

    phaethon Established Member

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    What about the reported sales on NP?
    What percentage are on average completed sales?
    I think Twiki could chime in, as he reports the most sales, I think.
     
    Last edited: Sep 15, 2021
  13. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    Agree one hundred percent I have felt for years @Michael was the most valuable person in domaining.
     
  14. Jurgen Wolf

    Jurgen Wolf Top Contributor VIP ★★★★★★★★★★

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    Too many fakes nowadays... and also non-payers.

    Try to live without NameBio and be happy.
     
  15. Michael

    Michael NameBio.com NameBio Staff PRO VIP ICA Member ★★★★★★★★★★

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    These two summed it up pretty well. There's obviously a lot of automation, but there's also quite a bit of manual work too, both in terms of adding and cleaning data. At the end of the day whether or not the domain ended up being developed has nothing to do with the legitimacy of a sale report.

    That said, this is one of the most opaque industries I have ever seen. Very few marketplaces actually give us any data, it's very difficult to verify a sale especially post GDPR, and not many people take the time to share their private sales with the community. We do our best with the limited information that is available, but it definitely isn't perfect. Though I hope it's much better than nothing :)

    Raymond has always been extremely helpful with telling us about duplicate entries, sales that didn't go through, etc. And I always act on those reports, and find some myself occasionally.

    With Sedo, we track them through three methods. One is their feed of brokered sales, which Sedo manually curates and is highly accurate. The second is the monthly spreadsheet of $2k+ sales that their PR department sends around. This is also manual and very accurate.

    The third is their auctions, which is where this particular report came from. We did notice that there were quite a few unusual/suspicious auctions at Sedo, the MO was usually a crazy price with a single bid. To deal with this, a while back we changed our tracking so that if it is a Sedo auction and the price is over $2k, we only track it if there were multiple bids. Otherwise we just wait to hear about it from their monthly report if it wasn't fake (and assuming neither party asks Sedo for privacy if it was legit). That definitely helped a lot, but this particular one had three bids and thus made it through.

    I went ahead and removed it manually, after checking to see that it was not in the appropriate monthly spreadsheet from Sedo PR. It being absent from the report doesn't mean it didn't happen, as again one of the parties could have requested privacy, but that combined with the re-listing is suspect.
     
  16. phaethon

    phaethon Established Member

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    From NameBio. Can these be genuine sales :alien3:

    I know people buy all sort of dumb names, but still..

    Absolutely memorable haha

    abagichirk06.xyz/ 101 USD/ 2021-08-02 Dynadot
    zhedandrer04.xyz/ 101 USD/ 2021-08-02 Dynadot
    avanalodir17.xyz/ 342 USD/ 2021-08-02 Dynadot
    hildeesure01.xyz/ 342 USD/ 2021-08-02 Dynadot
    idligorons13.xyz/ 334 USD/ 2021-08-02 Dynadot
    gerughthip10.xyz/ 241 USD/ 2021-08-02 Dynadot
    potodyting14.xyz/ 225 USD/ 2021-08-02 Dynadot
    wunneolone12.xyz/ 225 USD/ 2021-08-02 Dynadot
    ovonchandt11.xyz/ 961 USD/ 2021-08-02 Dynadot
     
    Last edited: Sep 17, 2021
  17. Hypersot

    Hypersot Top Contributor VIP

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    Never judge a sale from one perspective only. Those names might have some other value that you don't see.
    Most probably they are traffic domains since one that I chose at random is parked at Bodis.
     
  18. phaethon

    phaethon Established Member

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    Haha, I bet they have something, but still..
    ovonchandt.xyz available to register, anyone's interested? haha
     
  19. twiki

    twiki Top Contributor VIP Gold Account

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    Last edited: Sep 17, 2021
  20. Hypersot

    Hypersot Top Contributor VIP

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    ovonchandt.xyz is free to register but the one on your list is ovonchandt11.xyz which is also parked at Bodis.
     
  21. phaethon

    phaethon Established Member

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    The shorter the better? No numbers? haha
     
  22. lock

    lock DomainUsed.com VIP

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    I have seen it other way domain sells xxxx reported xx.
     
  23. Tomasso90

    Tomasso90 Established Member

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    Might be my brain creating false memories, but i think namebio generates a few fake sales for those who are overusing/spamming the database, according to one of the developers. Now, again i might be well of on this, if so, I'm sorry.
    Tomasso
     
  24. Michael

    Michael NameBio.com NameBio Staff PRO VIP ICA Member ★★★★★★★★★★

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    I think they used to do that before I joined and relaunched the site 2015, but definitely not since then.
     

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