November 12th, 2008
Its not a a well known sector of domaining, but several domain investors had taken advantage of the struggelling dollar over this past year. Buying domains in Euros and Pounds, and enjoy a steap discount with the currency exchanges.
For instance, earlier this year 1 Pound was the equivalent of $2 U.S. dollars (USD). Since the sliding world economy is finaly catching up to that of the US - the Pound fell against the dollar to a 6-year low. Meaning that at todays exchange rates, 1 Pound was only worth about $1.49 USD.
Even the Euro is struggeling now against the dollar and at todays rate, 1 Euro is worth $1.25 USD. Much lower then it had been earlier this year. As the dollar continues to gain each day, the question looms, will the dollar in coming months be more valuable then the Euro or the Pound? Will US Domainers be able to take advantage and start buying domain names from International owners?….
Time will tell…
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November 12th, 2008
Within two hours one of our LLL.com’s is closing on Sedo. QBZ.com has been in our possession for the past couple years, and we determined it was time to put it on the auction block. Currently it is at $4,625 with 2 hours left at auction:
http://sedo.com/auction/auction_detail.php?language=us&auction_id=44573&tracked=&partnerid=
This domain name first appealed to us because of its potential acronyms, despite the fact that it starts with a Q and ends with a Z.
- Quarterback Zone
- Qoute By Zip
- Quality Business Zone
If you had any interested in acquiring an LLL.com - now is a great oppertunity at Sedo for such a good price. Good luck to all you bidders!
Justin
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November 10th, 2008
The Auction for BikeHelmets.com closed today at NameJet for $50,200. This was another domain name that came from DomainHighway.com - a private seller. We’ve seen a string of huge sales followed up with re-auctions as the original bidder ends up backing out of the sale.
We’ll see in the next few weeks if this domain ends up changing hands if it does, it will be fantastic sale for the owner.
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November 10th, 2008
SnapNames requests customers from time to time fill out a survey. Today they sent out a survey which asked its customers to rank "how well you feel each of the following websites does to help you find and buy domain names". Among the sites listed were SnapNames, Afternic, Godaddy/TDNAM, BuyDomains, Sedo, NameJet, and…… you guessed it - NameBio.
Obviously were listed in Good company and couldnt be happier that SnapNames views us as a great resource in the domain industry. If you havnt taken the survey yet, please share with SnapNames if you "Strongly Like" NameBio. You will also qualify to win a $100 Amazon Gift Card.
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November 5th, 2008
DomainNameNews.com is reporting that NameJet has confirmed, it will open its platform up to third party domain sellers in the near future. How soon? That remains to be seen but this was long forseen in a copy cat industry where SnapNames has been doing this very thing for a couple years.
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November 5th, 2008
Last week, YummyNames.com went live. It is a premium market to sell Tucows domain name holdings. (Remember those domain names they were "illegally" housing?) As it turns out, the launch may have been a bit premature.
I had contacted YummyNames.com about some of their domain names, they informed me that my inquiry would be responded to quickly and early next week (this week). I sent a reminder email this morning. I got a response from a different rep, telling me it would be a few more days.
I cant imagine they are so bussy with orders and inquiries that they need well over a week to respond to a simple request for domains and prices. Frankly, this should be automatic (much like BuyDomains is for the domains they own). Although I continue to wait, I also continue to be annoyed.
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November 4th, 2008
The month of October saw a dramatic fall in the reseller prices of LLL.com’s. Yet within the first few days of October, we are seeing some improving prices on LLL.com’s at auction.
RMX.com closed earlier today at just over $13,000 at Snapnames. There are also two weaker LLL.com’s at auction on Sedo which are currently: vlx.com $8,800 and wbj.com $7,700
Will prices begin to stabilize as the global economy seems to be doing? Stay tuned.
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