Here are today’s snippets about the domain name industry (and other stuff) that I hope you find interesting.
What’s Happening On The Drops
The massive cull of domains by a large portfolio holder continues. Not that many of these are being picked up on Netfleet – though I imagine there are plenty being sold for minimum prices on Drop and Domain Shield (far cheaper than Netfleet when it comes to these).
Yesterday there were 26 contested domains on Netfleet – they had a good day winning 25 and losing only 1.
Highlight of the day was a hyphenated domain – car-insurance.com.au for $970 +/+ (bid on Drop was $707). Once upon a time, a domain like this would have easily sold for mid 4 figures – if not higher.
My bargain of the day was wyi.com.au for $1 on Drop (plus reg fees).
Domain Disputes In NZ
NZ has its own unique Dispute Resolution Service (based in part on UK system). This is totally different to our auDRP.
Whereas a complainant in Australia (and the dot com world as well) has to succeed on three levels in order to get a domain transferred to them, in NZ the following applies:
The DRS requires complainants to show that ‘on the balance of probabilities’ they:
- have rights to a name which is identical or similar to the domain name in dispute; and
- that the current registration is unfair.
There are three stages to the DRS. Disputes can move up a level if a solution hasn’t been reached earlier.
The DRS process begins when a Complaint is lodged:
Level One – is informal mediation, which is a free service.
Level Two – is Expert Determination. Here, the person making the complaint can choose to continue the process by paying a fee of $2,000 + GST.
Level Three – only occurs if an appeal is lodged. At this point, a panel of three Experts are appointed to make a final decision. This costs $7,200 + GST for the person making an appeal.
Tomorrow I am going to highlight a particular case that went to appeal. This domain belongs to an online friend of mine, and so I have some good background info on how he lost a Level 2; but won a Level 3. Even though he “won”, the whole process seemed extremely unfair – plus it was immensely costly for him.
Website Of The Day
How to sell a multi-million dollar home in Bel Air, Los Angeles.
Check out this website. In particular though, have a look at the video. This apparently cost $40k to produce! There again, when the price tag for the house is over $40 million, that is a drop in the ocean. 🙂
This particular “realtor” is at the forefront of using technology to sell real estate.
Good on him!
Motivational Quote Of The Day
Another favourite from my old mate Zig Ziglar.
“Success is the maximum utilization of the ability that you have.” – Zig Ziglar
If you have any comments on any of the above, as always I’d love to hear them.
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