NamePimps

A live domain name auction was held yesterday afternoon over at the popular domain name community Namepros. The last few live auctions there have been dominated with LLLL.com domains and at times there have been complaints from buyers that unless you were a LLLL.com buyer there wasn’t much for you. There were just over 70 different lots sold and here are some of the interesting sales from the event.

BTM.co.in sold for $155
BodyPart.org sold for $15
Bribes.info sold for $15
A lot of five LLL.mobi domains sold for $140
U-M.us sold for $50
TreatmentOptions.com sold for $15
ZCV.org sold for $205
Sportscasts.tv sold for $40
TYL.com sold for $6000
EarnIncome.org sold for $60
Billed.us sold for $30
Salmon.cc sold for $24
BFO.com sold for $9000
OnlinePoker.gd sold for $30

The bidding rules at Namepros do allow for the seller to exercise a buyout clause if they choose to not sell the name at the price it achieves. The buyout clause is 20% of the high bid and must be paid by the seller to the high bidder as a way of compensating the high bidder for not going through with the sale. The buyout clause is capped at $8.

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!