By: RH
The WebFest Auction list is out and the names are impressive, but if none of them sell does it really matter ? Rick and T.R.A.F.F.I.C. caught a lot of flack for the quality of names at their last show.
Rick made it a point that 60 % of the inventory will be no reserve auctions and that the names would be priced to sell.
Rick said the following :
Yes, I can have the best domains in the world. We can have the most
expensive domains in the world. But for those domains you need end users
and it always gets back to timing and this just is not the time.
Domainers are not going to buy multi-million dollar domains at this
stage. The upside for US is just not there. A domain investor has to
feel confident that is purchase is worth 10x-100x what they paid. THAT
is how you play the domain game and most of these domains meet that
threshold along with other criteria. These are the most "Saleable"
domains available on the market that have been submitted. I saw some
great names and crappy names. I rejected dozens of domains with no
reserves.
As I have stated before, a domain investor starting off with this
list would be in the top 10%-20% of the industry. Those that don't see
it that way don't have portfolios that are better.
My motives are clear and stated. I want as many domainers walking in
the room targeting specific domain names to bid on before the auction
starts. This list is filled with goodies. With businesses. With
desirable assets and when you have a contest you have an auction and
when you have an auction the market sets the true value at that moment
in time. Circumstance forces some sales. Yet others just understand what
I am trying to accomplish for everyone and are stepping up and offering
domains with value at either no or very low reserves.
Of course many were disappointed by the results of the auction although Andrew from Domain Name Wire said it was the most exciting in years.
So Webfest is going with a small group of mostly premium domains.
customparts.com No Reserve
briskets.com No Reserve
homemademovie.com No Reserve
kidvault.com No Reserve
redtshirt.com No Reserve
seednetworks.com No Reserve
speedpc.com No Reserve
zolb.com No Reserve
beverlyhillsplasticsurgeons.com $501 – $1,000
hotfly.com $501 – $1,000
uxz.com $2,501 – $5,000
wxs.com $2,501 – $5,000
gunpermits.com $2,501 – $5,000
successor.com $2,501 – $5,000
kye.com $5,001 – $10,000
virusremoval.com $5,001 – $10,000
websitebrokers.com $5,001 – $10,000
bez.com $10,001 – $25,000
bulletproofvest.com $10,001 – $25,000
flyaway.com $10,001 – $25,000
free.me $10,001 – $25,000
golfclothing.com $10,001 – $25,000
how.net $10,001 – $25,000
icehockey.com $10,001 – $25,000
jambalaya.com $10,001 – $25,000
oub.com $10,001 – $25,000
prescriptions.ca $10,001 – $25,000
spaghettisauce.com $10,001 – $25,000
tattooshop.com $10,001 – $25,000
treehuggers.com $10,001 – $25,000
uxp.com $10,001 – $25,000
webadvertising.com $10,001 – $25,000
beijing.net $25,001 – $50,000
others.com $25,001 – $50,000
twin.com $25,001 – $50,000
wrestlers.com $25,001 – $50,000
bows.com $50,001 – $100,000
coma.com $50,001 – $100,000
hum.com $50,001 – $100,000
costume.net $100,001 – $250,000
costumes.net $100,001 – $250,000
draw.com $100,001 – $250,000
remote.com $100,001 – $250,000
xu.com $100,001 – $250,000
animation.com $250,001 – $500,000
dominatrix.com $250,001 – $500,000
freewebsites.com $250,001 – $500,000
halloweencostumes.net $250,001 – $500,000
item.com $250,001 – $500,000
jf.com $250,001 – $500,000
judgment.com $250,001 – $500,000
message.com $250,001 – $500,000
thin.com $250,001 – $500,000
toxic.com $250,001 – $500,000
bali.com $750,001 – $1MM
With only 8 no reserve domains and several priced at $100,000 or more the auction gets the pre show buzz of "great list", "so much better than traffic" etc…
Now Webfest has to get some sales, because without that it just looks nice but nobody makes any money.
Webfest looks much more attractive to me,traffic was just ugly.