I’ve been watching daily domain names sales on several major auctions very closely since the 777 point drop of the Dow Jones Average in early October. My personal observation is that domain name sales in the $5,000 to $25,000 range seems to have slowed considerably, but its more of a gut feeling rather than one concluded after a lot of research.
Earlier, I was pondering writing this article about the negative impact of the economy on domain names sales and values. But this is not the case quite yet. Why? Because the results of several big special auctions closing just before or around the same time the stock market started plummeting reflect the fact that big investors are still willing to cough up big bucks for domain names that hold great potential. Take for example the recent sale of our domain names in the six-figure area. Moneywatch.com recently sold on Sedo for $125,000. Camps.com sold on Moniker for $110,000. LT.com sold on Moniker.com for $100,000 and Cleaning.com sold on Moniker.com for $100,000.
Most of the Moniker.com sales I will talk about in this article were made at last month’s Live Auction at the T.R.A.F.F.I.C. conference in New York. Although they were booked this week, one can’t hardly label them as “sales after the economic collapse.” Thus, the court may still be out on what the eventual outcome will be regarding the economy’s toll on domain name sales.
Currently, the highest bid existing on Sedo.com for a domain name is $12,000 for Pet.Asia and 7,000 British Pounds for VLX.com. Two domain names I’m keeping an eye on at the Sedo.com auction is Selfish.com which has 9 bids and currently stands at $3,690 and Gold.mobi which has 27 bids and is up to $3,100. Both will go for much higher values, thus its important to watch those 2 closely to see where they cap out at to get a grasp of the economic toll on domain name sales.
A look at domain names sold this week at Sedo.com finds the highest domain name sales price was only $4,999 for 3-D.com. Other domain name sales worth noting at recent auctions include the sale of Literature.com for $60,000 at Moniker’s Live Auction and Searching.com for the T.R.A.F.F.I.C. event for $85,000. Worthy of mention also is the sale fo SpaResorts.com on Snap Names for $70,590 and HelpMe.com for $75,000 on DN Strategy.
On a personal note I continue to find great deals in the expired domain name market. Examples of today’s purchases include: EzineDollars.com, DropshippingDollars.com, SavingMoneyOnline.com, ParttimeLabor.com, ParttimeTraveler.com and HomeProductsBusiness.com.