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bocajohnh said:So just like "in the beginning", there was the original marketplace for those that thought of an idea, paid netsol the $35 to register the name. Then the auction sites sprouted up to serve the secondary market.
So there was NIC, and Afternic. So soon there will be WLS and ? AfterWLS ?
Haven't read this entire thread yet, so this might be mentioned elsewhere also.
But, Pool already has the afterWLS market covered and ready to launch. http://www.wlsauction.com
"The grass is always greener."
I, personally, think that we will be no more and no less successful at grabbing names after WLS as we are now.
However, I note that 95% of the names I grab are mediocre at best. I grabbed several great domains over the new year holidays this year and domain bids were "reasonable" at Pool too. However, now the bids are ridiculous and Pool grabs 99 out of 100 good names.
My portfolio of really good names was purchased over 3 years ago or over the three day period at new years when everyone else was drunk.
As far as names worth over $750 --that depends on whether or not the ridiculous pricing frenzy continues. How do you value a domain at $750? Currently at pool, anything on their hotlist is worth $750. Even with ZERO traffic, no links, no directory listing, and no brandability. Names like 44rtuuw.com will trade for $750 soon at that rate.
But naturally, YOU and I cannot make that money. People will only bid that much to Pool and NW and wouldn't consider buying from the little guys. I do think these are mostly ghost bids to inflate pricing.
As far as "good names" --defined as truly worthwhile names with true resale value, decent and valuable traffic, and/or good brandability....
I think the loud SNAP of snapname conversions within minutes of WLS launch will seal the deal instantly on obtaining a "good name."
There will be some leftovers for us bottom-feeders, but it will be tough to find even those names and the competition will be fierce for even crummy names.
I feel depressed that I have a budget in the 10's of thousands for worthy domains, and yet... I am a bottom-feeder. In the new WLS era; it will be no different.