Enjoy unlimited access to all forum features for FREE! Optional upgrade available for extra perks.
Daily Diamond

Snapnames changes auction format

Status
Not open for further replies.

domaingenius

Level 8
Legacy Platinum Member
Joined
Mar 6, 2006
Messages
1,256
Reaction score
8
Has anyone else noticed that recently Snapnames have changed many of the starting bid amounts,whereas I believe almost every auction started at $60 minimum they are now upping the reserves to $1,500 upwards as starting bid/reserve ?. Is this good or bad ?. I personally think that it now means that there are much less likely to be a good buys to be had because Snapnames will have blocked out many bidders by making reserve too high for "man on the street" . Pity really as means finding a bargain is now pretty much impossible.

DG
 

Credit

Buying CC.com
Legacy Exclusive Member
Joined
Oct 9, 2007
Messages
2,585
Reaction score
19
They have been doing this for a while, trying to manually set the reserve, and in some cases like you said, up to x,xxx.

I personally think it's good for domainers, because there will be less risky or "caught in the bidding" buys. Few people join a $1,500 for the hell of it, but for $60, just as I do, a lot of people "wait and see". Less bidders, more quality bidders, more direct prices, less crappy or shill bidding.
 

Theo

Account Terminated
Joined
Feb 28, 2004
Messages
30,317
Reaction score
2,217
halvarez protests in anger!
 

BELLC1

Level 8
Legacy Platinum Member
Joined
Jan 8, 2007
Messages
1,169
Reaction score
0
Actually, those could be the domains in Silent Auction that were merged after last night's Internext auction. They'll be there until the 25th.
 

doobee

Level 5
Legacy Platinum Member
Joined
Nov 16, 2007
Messages
438
Reaction score
2
If you are refering to the featured domain list, there was a large amount of expensive adult domains that went through on Jan 14. Most all other domains are still in the $79 to $99 range. Perhaps you mistook this as a permanent change in policy?
 

Yofie

Level 7
Legacy Exclusive Member
Joined
May 17, 2007
Messages
824
Reaction score
7
Domains that are on SnapNames, the prices are decided by the "partner" registrar. If it's going to be a true drop (lose age, any dropcatcher can get etc) it will be priced at $59. Mydomain.com's/Dotster are at $79, Register.com domains are at $99 etc. There are also User Submitted domains that they can set the reserve at what they want. $99, $499 etc. These will be with the registrar udomainname.com . Many Internext domains were added this week as well. Some are in the millions, 6 figures, 5 figures etc.

Hope this helps.
 
Status
Not open for further replies.

The Rule #1

Do not insult any other member. Be polite and do business. Thank you!

Sedo - it.com Premiums

IT.com

Premium Members

Premium Members

MariaBuy

New Threads

Our Mods' Businesses

UrlPick.com

*the exceptional businesses of our esteemed moderators

Top Bottom