This week saw a lot of .co domains close on auction at Go Daddy, several names that are now being quoted on forums and being used for comps. Only one problem the owner renewed the names.
The names below which all closed at $900 or above have all been renewed, when you have big portfolios like this get renewed it really distorts things. Theo from Acro.net wrote a couple weeks ago that some Go Daddy sales are bogus and this week proved that emphatically.
The below domains were all owned by one registrant.
*sales data courtesy of Namebio
| june.co | 3,050 USD | 2015-08-24 | GoDaddy |
| value.co | 2,550 USD | 2015-08-24 | GoDaddy |
| multimedia.co | 1,556 USD | 2015-08-24 | GoDaddy |
| lll.co | 1,555 USD | 2015-08-24 | GoDaddy |
| better.co | 1,525 USD | 2015-08-24 | GoDaddy |
| right.co | 1,425 USD | 2015-08-24 | GoDaddy |
| read.co | 1,330 USD | 2015-08-24 | GoDaddy |
| vvv.co | 1,325 USD | 2015-08-24 | GoDaddy |
| north.co | 1,190 USD | 2015-08-24 | GoDaddy |
| junk.co | 1,136 USD | 2015-08-24 | GoDaddy |
| champion.co | 1,111 USD | 2015-08-24 | GoDaddy |
| quit.co | 1,110 USD | 2015-08-24 | GoDaddy |
| aftermarket.co | 1,035 USD | 2015-08-24 | GoDaddy |
| bookit.co | 1,000 USD | 2015-08-24 | GoDaddy |
| bail.co | 965 USD | 2015-08-24 | GoDaddy |
| optical.co | 953 USD | 2015-08-24 | GoDaddy |
| seven.co | 900 USD | 2015-08-24 | GoDaddy |
I stopped visiting name bio because I kind of felt the results were skewed. the only person where you can trust in this industry is domain name journal everything else is not worth the time of day.
Verify, verify, verify. Past performance does not guarantee future results, etc.
The practice of sending domains to auction to gauge interest and value is flawed.
Meant to say, “sending expired domains to auction” and forgot the link: http://acro.net/blog/business/expired-domains-auction-trickery-wont-get-you-an-accurate-valuation/
All i’m going to say is this. I was bidding on a few of em’, actually none that made this list, but the same owner. It’s certainly not rare for people to shoot in bids at the last second, add another 5 to the clock, and make it a bit of a battle of attrition; all the ones I was involved with, same deal.
However, when it’s a bidding war between a handful of buyers, and your (me) is the top bidder, and convenient enough the auctions end when I stop bidding, as in no bidders shooting in those in the last few seconds, almost too much of a coincidence…to call it that.
Again, that’s all I’m saying 😉 Frankly, and I realize portfolios of a specific niche, extension, etc., do drop periodically (w/o renewal/godaddy), but I was surprised that these names had never received some sort of blog mention in the past, especially since they were .co. Internet cut out on the one I really wanted, so I spent the rest of the day digging up info and being pissed off haha to determine if the owner would likely renew.
This is exactly what I thought when I had won a .co domain a few days ago and then get an email stating the owner had renewed the domain. Coincidentally, there were many one word .co’s expiring at auction which connected the dots. Another bothersome issue I have are ‘reserve’ domains at places like NameJet where domains should be expiring, entering pre-release, or pending delete. I wonder why there is special treatment for selling on NJ. Maybe I’m missing something or is NJ management “hot air selling” themselves?
I see no problem with reserves on name jet why would there be a problem with the reserve? name jet offers everyone the opportunity to sell there, you’re telling me I can’t set a reserve ? that’s completely ridiculous
Point 1. Godaddy charges lots of money, keeps them overnight, then refunds some. Not a bad business model as everything is automated (less the brand damage).
2. Some of those .co auctioned via GoDaddy did change hands. So it was worth bidding on them. There were quite few bargains to pick from.
3. The prices “paid” represent domainers willingness to buy at those level. So good indication for landrush time of sales.