I can’t agree with you more! I have been harping on auction houses to earn their commissions and do even the most basic press releases and publicizing to broader markets. I actually just posted a plea to Rick Latona to do PR if he is going to enter the live auction market.

http://snipurl.com/3322v

I didn’t address exclusivity, but I couldn’t agree more. The tighter they squeeze, the fewer people will be left in their hand.

I think, however, that having auction houses go find domains to sell is a bit unrealistic and would greatly limit the buyers and sellers. We want to grow the market, not reduce it. Auction houses simply need to do a better job of quality control and reserve pricing.

Thanks for all the education in your posts!

Jay Lohmann
Geo and Keyword Domain Investor
http://www.InvestInURLs.com

Congratulation on buying the Secaucus.com. Remember I told you before the you head to the conference that you would either by New Rochelle OR Secaucus. …The Home Depot do not have one their major store there for nothing – especially for its proximity to New York.

I can tell you won’t regret that name. But it is going to keep you busy. Good luck on it

***UPDATED BY ELLIOT***

Thanks for the compliment

I would pick none (or maybe Rick Latona’s newsletter). I really prefer to deal in private.

That’s why I also prefer to sell on forums or privately. Long exclusivity period, many non paying bidders on sedo, and well.. low prices sometimes too.

If they were to seek out there own names to auction, as you suggest, they could also spend more time seeking out potential buyers. They could come to you months in advance to ask to sell something like Oeniphiles.com, and spend the remaining time contacting wineries and wine experts around the world that would be interested in bidding.

The more bidders the better. The price goes up, their commission goes up, it benefits everyone.

Relying on a conference to gather the domainers to bid is at the end of its line. It made sense when domains were trading at a discount to fair value, but they are now trading at or near fair, and need to be sold to developers, not domainers. Developers exist outside of the industry (as well as inside) and will not show up on their own.