Comments on: Thoughts on the Auctions – Strength in Tough Times http://www.elliotsblog.com/thoughts-on-the-auctions-strength-in-tough-times Domain blog featuring domain investing strategy, domain valuation, and domain development commentary from Elliot Silver, founder of Top Notch Domains, LLC. Fri, 10 Feb 2012 02:13:21 +0000 hourly 1 By: scott http://www.elliotsblog.com/thoughts-on-the-auctions-strength-in-tough-times#comment-6459 scott Thu, 25 Sep 2008 21:30:14 +0000 http://www.elliotsblog.com/?p=1140#comment-6459 @Tony I'm from the Seattle area and there is a city called "Issaquah" but the Issaquah/Sammamish Plateau is more of an area (mainly residential) http://www.ci.issaquah.wa.us @Tony

I’m from the Seattle area and there is a city called “Issaquah” but the Issaquah/Sammamish Plateau is more of an area (mainly residential)

http://www.ci.issaquah.wa.us

]]> By: dcmike77 http://www.elliotsblog.com/thoughts-on-the-auctions-strength-in-tough-times#comment-6457 dcmike77 Thu, 25 Sep 2008 19:57:53 +0000 http://www.elliotsblog.com/?p=1140#comment-6457 I'm more interested in knowing WHOS buying these names. My feeling is that all domains over $20-30k are being bought by the same handful of people. Same for Moniker's auction today. If so, then that really depresses the overall demand for names. I’m more interested in knowing WHOS buying these names. My feeling is that all domains over $20-30k are being bought by the same handful of people. Same for Moniker’s auction today.

If so, then that really depresses the overall demand for names.

]]> By: Tony http://www.elliotsblog.com/thoughts-on-the-auctions-strength-in-tough-times#comment-6456 Tony Thu, 25 Sep 2008 17:30:38 +0000 http://www.elliotsblog.com/?p=1140#comment-6456 I don't know if strength is the right word. The prices seem to me reminiscent of 2004 maybe even 2003. Still pretty good considering these times are being compared to the great depression. If I may, I'd like to get your opinion on a Geo name I just purchased. I bought IssaquahPlateau.com off ebay over the weekend for $500. It's a city in Washington state with a population of 53,000 with average income and home values both 2x the state average. I've been told it's near Microsoft hqtrs. However, there are not many google ads for the name nor is there a wiki article or many google results for it. It's a strong candidate for Rick Latona's mini-site, I know. Did I get a steal of a deal or hoodwinked or somewhere in between? A Geo name of a city with 50K ppl for $500! I don’t know if strength is the right word. The prices seem to me reminiscent of 2004 maybe even 2003. Still pretty good considering these times are being compared to the great depression.

If I may, I’d like to get your opinion on a Geo name I just purchased. I bought IssaquahPlateau.com off ebay over the weekend for $500. It’s a city in Washington state with a population of 53,000 with average income and home values both 2x the state average. I’ve been told it’s near Microsoft hqtrs. However, there are not many google ads for the name nor is there a wiki article or many google results for it. It’s a strong candidate for Rick Latona’s mini-site, I know. Did I get a steal of a deal or hoodwinked or somewhere in between? A Geo name of a city with 50K ppl for $500!

]]> By: Steve Morales http://www.elliotsblog.com/thoughts-on-the-auctions-strength-in-tough-times#comment-6451 Steve Morales Thu, 25 Sep 2008 16:26:42 +0000 http://www.elliotsblog.com/?p=1140#comment-6451 So far, it looks like the the 3 auctions that have been held have accumilated a little under $1 million in domain sales. The results are not impressive and would be much lower if Rick did not lower his reserve prices during the show. I am glad Rick used his business sense to make a wise decision. It definitely helped that he owned most of the inventory. Unfortunately, this was a poor performance of domain sales for the prestigous Traffic Show. I know the moniker auction is still left for today, and I would agree with your prediction of $2.5 mil and lower for the moniker auction. After all, you were right on the money for the geo domain expo auction! =) The financial market is much to blame. The market will rebound eventually. CADNA is definitely going to have an effect on domain values if they have their way. This is scary when you see the major companies uniting to combat domainers. What is the value of a generic domain to an end user if they are going to have to battle these major companies in court and spend hundreds and thousands of dollars just to keep it? It wont be no where near as much as in the past IMO. CADNA will have to be stopped in their attempt and educated. Crazy times ahead. The future is uncertain for domainers. So far, it looks like the the 3 auctions that have been held have accumilated a little under $1 million in domain sales.

The results are not impressive and would be much lower if Rick did not lower his reserve prices during the show. I am glad Rick used his business sense to make a wise decision. It definitely helped that he owned most of the inventory.

Unfortunately, this was a poor performance of domain sales for the prestigous Traffic Show. I know the moniker auction is still left for today, and I would agree with your prediction of $2.5 mil and lower for the moniker auction. After all, you were right on the money for the geo domain expo auction! =)

The financial market is much to blame. The market will rebound eventually.

CADNA is definitely going to have an effect on domain values if they have their way. This is scary when you see the major companies uniting to combat domainers. What is the value of a generic domain to an end user if they are going to have to battle these major companies in court and spend hundreds and thousands of dollars just to keep it? It wont be no where near as much as in the past IMO.

CADNA will have to be stopped in their attempt and educated.

Crazy times ahead.

The future is uncertain for domainers.

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