Live Domain Name Auction Report
There was a live auction yesterday (Thursday, May 8th) over in the chatroom at NamePros. It was a lively event, peaking with about 80-90 people present (counting moderators). Some domains achieved moderately high prices and there were some bargains gotten too. There were also a number of lots that didn’t meet their reserves.
The final numbers look pretty good:
-Over 50 lots were sold
-The most expensive lot sold was a lot of 25 LLL.mobi names that went for $2100.
-Many many LLLL.com names were for sale in this auction, our favorite was SLAQ.com which went for $405.
One disclaimer, an option the seller may choose to enact on live auctions at NamePros is the buy-out clause option. If the seller wishes not sell at the final price, he is required to pay a buy-out fee to the top bidder equal to 20% of their bid (capped at $8). So, some of the lots that say sold, may in fact not have been sold.
In the end, it was a great auction.
Thanks Namepros!