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Snapnames changes auction format

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domaingenius

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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
 
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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

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halvarez protests in anger!
 

BELLC1

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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.
 

domaingenius

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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.

No they're not,

DG
 

doobee

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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

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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.
 
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