Expired Domain Auctions
It’s almost the end of the month, and I’ve managed to steer clear of the expired auction “drops”. My addiction is cured! 😀
Have obviously been watching them though. My observations are that (compared to prior months) the overall quality of expiring domains is way down; number of domains sold is down; and prices are down.
As for the drop catchers, Netfleet continue their dominance with their “Blind Bidding Platform” picking up most of the domains. Domain Shield hasn’t been as competitive as usual; and Drop seem to have absolutely no interest in really competing.
I set out to sell 30 domains this month, so potential buyers that sent me half reasonable offers this month via my Fabulous landers have had a pleasant surprise. I’ve been doing deals at much lower prices than normal.
The other thing I did was push “terms deals” – let people acquire the rights to a domain name but let them pay them it off over some months (whilst giving them use of the domain from the start). For those that haven’t tried this sales method, you are missing out!
My best sellers have been “3 letter domains”; travel / geo accommodation domains; and real estate domains.
Currently I’m sitting on 23 confirmed sales for the month, and I have a number of negotiations still in play. I’m confident I will achieve my goal.
My youngest son turns 18 on Tuesday; and he’s a fine young man with great prospects ahead of him.
My footy teams are both in the grand finals: West Coast Eagles in the AFL; and the Broncos in the NRL (though living in Townsville I do have a very soft spot for the Cowboys!) 🙂
Hope your month has been good as well!