This Friday (or before) I will be cutting off submissions to the T.R.A.F.F.I.C. auction. You will see and continue to see a lot of 'No Reserve' auctions on more than 60% of the contests. Actually closer to 70% when you include the domains that are priced really right, I can say with a fair amount of confidence that we will sell in excess of 75% of the entire list and still aiming for the 100%.
This guarantees excitement and true market values. More than 300 domains in just 70 lots so far. 42 of those lots with no reserves and many others with reserves that are very, very low. We are going to celebrate a great success not only in an auction that will be moving at warp speed. Not only an auction that will bring back the excitement an auction should provide. Not only instilling the confidence that we started rebuilding last year. Not only that the final number will exceed last year. But because folks are going to witness what happens when there is a real auction and the auction is done in a manner that we can all look back on and point to as the model to emulate in the future.
Yes, I can have the best domains in the world. We can have the most expensive domains in the world. But for those domains you need end users and it always gets back to timing and this just is not the time. Domainers are not going to buy multi-million dollar domains at this stage. The upside for US is just not there. A domain investor has to feel confident that is purchase is worth 10x-100x what they paid. THAT is how you play the domain game and most of these domains meet that threshold along with other criteria. These are the most 'Saleable' domains available on the market that have been submitted. I saw some great names and crappy names. I rejected dozens of domains with no reserves.
As I have stated before, a domain investor starting off with this list would be in the top 10%-20% of the industry. Those that don't see it that way don't have portfolios that are better.
My motives are clear and stated. I want as many domainers walking in the room targeting specific domain names to bid on before the auction starts. This list is filled with goodies. With businesses. With desirable assets and when you have a contest you have an auction and when you have an auction the market sets the true value at that moment in time. Circumstance forces some sales. Yet others just understand what I am trying to accomplish for everyone and are stepping up and offering domains with value at either no or very low reserves.
Either way attendees are going to have a good time, have some fun and watch an auction the way I have always envisioned it running. Monday October 8th at 3PM. The first day of T.R.A.F.F.I.C. instead of the last event.
And for those complaining about no online bidding. Give me a break. First of all you have to be pre-registered to bid here or anywhere. Secondly if you don't own a phone, it disqualifies you. Thirdly phone bidding has worked for 100 some odd years and now we have text as well. So anyone that wants a domain knows there are certain steps they must follow anyways. They need to participate and we need to know who they are. Buyers don't complain, they buy!
And lastly, Internet connections at hotels.....SUCK! We have seen problems almost every time and several auctions outright cancelled because of that. Plus it is for the entertainment and BENEFIT of our attendees. Ya snooze, ya lose.
btw......on large portfolios, the buyer is not forced to transfer all domains. So if one domain on a list of 20 is the only one you want, you can cherry pick that domain if you have the highest bid. There are some sleepers on these lists.
So good luck to all the sellers and congratulations to the buyers as many are going to walk away being very happy campers. The market is down and if you see the market like I do, you buy when things are depressed.
This is the most aggressively priced auction the industry has ever seen. If it fails I will take 100% responsibility since I picked each and every name over the past 3 months. 3 months to get 70 entries. There was no motive to tie up thousands of domains as in past auctions. That is not our business. Our business is presenting the single most exciting domain name auction the industry has ever witnessed to our attendees. Period! 3 auctioneers and once the gavel goes down on one sale, the bidding will begin on the next. So this will also be the fastest pace auction EVER in the Domain Industry. A REAL auction with no nonsense and a result that everyone WILL be proud of.
There are still about 5 contracts out so as they come in today, I will update this list. Contracts out that are not received by tomorrow will be eliminated and slots opened to others I am holding.
Lot#100 Tumors.net (No Reserve)
Lot #101 Tumors.com (No Reserve)
Lot #102 Fibre.com ($1 Reserve)
Lot #103 3dMovie.com (Aggressively Priced)
Lot #104 DesPlaines.com ($1000 Reserve)
Lot #105 AmusementPark.com
Lot#106 gtldforum.com (No Reserve)
Lot#107 gTLD.org ($1000 Reserve)
Lot#108 AerobicExercises.com (Guaranteed Placement)
Lot#109 FixedAPR.com (Guaranteed Placement)
Lot#110 SeePrague.com (Guaranteed Placement)
Lot#111 AnsweringMachines.com (No Reserve)
Lot#112 CheapLaptops.com (Aggressively Priced)
Lot#113 gtldAttorney.com (No Reserve)
Lot#114 NavigationGlasses.com (Low Reserve)
Lot#115 SmartLawyer.com (No Reserve)
Lot#116 FinancialGoals.com (No Reserve)
Lot#117 FitnessResort.com (No Reserve)
Lot#118 TechnologyTimes.com (Priced well)
Lot#119 FanClub.com (Opportunity knocking)
Lot#120 Saws.com and MiterSaws.com 7400 August type ins (Greatly Reduced)
Lot#121 3 Business Categories with a VERY reasonable reserve
Lot#122 11 Domain Adult Portfolio (No Reserve)
WaterproofTablets.Com (No Reserve)
CashBusiness.com, (Reserve under $15k)
Lot#125 MondayNightBaseball.Com (No Reserve)
Lot#126 4 Domain Portfolio .TV (No Reserve)
investmentproperty.tv (No Reserve)
Lot#127 simplyletters.com, wholesalefruits.com (No Reserve)
Lot#128 joanna.tv, tammy.tv, kirsty.tv (No Reserve)
Lot#129 LoanOfficers.com (Reserve under $10k)
Lot#130 QuickBuck.com and QuickBucks.com (Reasonable Reserve)
Lot#131 BridalShowerRegistry.com (No Reserve)
Lot#132 JustSamples.com (No Reserve)
Lot#133 LowestTirePrices.com (No Reserve
Lot#134 RXweed.com (No Reserve)
WeddingReceptionPhoto.com (No Reserve)
Lot#136 15 Adult Domains (No Reserve)
Pu**yhub.com (No Reserve)
Lot#137 Absolving.com (No Reserve)
Lot#139 HollywoodTimes.com and HWTimes.com (Low Reserve)
Lot#140 27 Domain Portfolio (No Reserve)
ShortTermRate.com (No Reserve)
Lot#141 VisitBogota.co (No Reserve)
Lot#142 Kannabis.com (Cheap)
Lot#143 LetsFixLunch.com, LetsFixBreakfast.com (No Reserve)
Lot#144 BulletproofVest.com (Corner the Market)
Lot#145 StartInvesting.com (Bargain)
Lot#146 AdultGaming.com (Low Reserve)
Lot#147 CloudFileServers.com (No Reserve)
Lot#148 WelcometoNewOrleans.com and WelcometoChicago.com (No Reserve)
Lot#149 WarrantyCorporation.com (Low Reserve)
Lot#150 ChipCreditCard.com (No Reserve)
Lot#151 CloudFileServers.com (No Reserve)
Lot#152 AdultGaming.com (Low Reserve)
Lot#153 1800foreclosure.com Comes with Matching 800#
Lot#154 100 Geo Domains (No Reserve)
Lot#155 Teeny.tv (No Reserve)
Lot#156 24HourRental.Com (No Reserve)
Lot#157 (5 Cloud Domain lot (No Reserve)
Lot#158 TanningFoam.Com (No Reserve)
Lot#159 (Low Reserve 3 domains)
Lot#160 OrthopaedicSurgeon.com (No Reserve)
Lot#161 MedicalRepresentative.com (No Reserve)
Lot#162 Fluzi.com (No Reserve)
Lot#163 RealityShows.TV (No Reserve)
Lot#164 BuildingCredit.com (No Reserve)
Lot#165 ShortTermLoan.com (Guaranteed Placement)
Lot#166 LastLaughs.com (No Reserve)
Lot#167 GamingApps.com (No Reserve)
Lot#168 SolarBusiness.com (LOW Reserve)
Lot#171 JiffyRental.com and JiffyRentals.com
Lot#173 MobilePaymentApps.com (Low Reserve)
Lot#174 6 Domains (No Reserve)
Lot#175 Insults.TV (No Reserve)
Lot#176 3 Domains (No Reserve)