I had a Go Daddy Auction win get renewed over the weekend, I was reading the email and got a call from a friend in the business. I mentioned that the name just got renewed and that I have had good luck with auction wins, but lately the last three got renewed. He told me he does it all the time now, let’s his names run through the whole auction process and then transfers them out.
Many on the Namepros Go Daddy coupon code thread have expressed their displeasure with not finding many Go Daddy coupon codes that work for renewing their domains. The transfer out is the new renewal. Of course portfolio size plays a big part in that, its easy for me to do as I don’t carry a lot of domains, someone with 1000 domains may find the task daunting.
Now back to Go Daddy auctions, when I asked my friend if he let every name go through, he said absolutely, “if they are going to give me a free look then I am going to take it.”
It does not always work that way as an accurate gauge where you can turn around and sell for anywhere close. Last year Adam Dicker had some 4L.com close at $2,500, I suggested to Adam after he renewed that we put them up with a 7 day auction, reserve price. None of the three names that went for $2,500 expired got over $400, and of course did not sell.
Over the last two weeks Adam had a few go the same way, Layr.com went over $3,000, Gelv.com $3,000, Vamy.com $1,001, oopo.com $2500, and uago.com at over $500. Any of those names Adam is prepared to move for a discount to their closing price right now, so if interested leave a comment or contact him at Adam@dcg.com.
I know I had forgotten about a Go Daddy auction win Wingo.org, a year later it was expired and closed at $120, I transferred to Name.com for $8.25. The name has never even had a lowball offer not that $120 is a lot but I was surprised it got one bid, let alone closed at $120.
I pointed out to my friend don’t get trapped by these real world appraisals on meaningless names, sometimes they get bid up but you don’t know if someone is playing games. If I go back to oopo.com which I think is a very good name, it has gone to expired auction twice in two years, both times over $2,500 but Adam has not received any offers on the domain in that two year span. Expired it has a lot of interest, owned by the registrant, not so much.