Great Start to 2017 as Live Domain Auction Exceeds $1M in Sales

The NamesConROTD live domain name auction set a high bar for live auctions with over $1M in sales with roughly 75% of the lots selling in auction. The highest sale of the day was Single.com which went for $290,000 and many different extensions from .COMs to .HOSTING, to .XYZ saw active bidding from domain investors around the world.

namescon-auction

The auction was run by domain name industry veteran Monte Cahn who has been a part of more auctions than I can possibly remember. Monte is known for having a good eye for solid names and prices that will lead to sales. With a 75% sell-through rate I think it’s safe to say he hit it out of the park once again.

NameBio did a great report looking back at what the names in the auction sold for previously and the % increase/decrease after yesterday’s auction. A lot of names are in the green with over 200% ROI which really shows how strong of an investment domain names continue to be.

namescon-2017-sales

Huge congrats to Monte and the whole ROTD team and of course the team at NamesCon. Not a bad way to kick-off 2017.

What did you think of the auction? Any specific sales catch your eye. Comment and let your voice be heard!

{ 2 comments… add one }

  • Nick January 24, 2017, 2:22 pm

    Nice sales! Any idea if they could do these sort of auctions monthly? or quarterly (via a web interface only) – instead of yearly (in person, mostly)…

    Also, are the buyers end-users or are the buyers other domain investors?

    Reply
  • Michael January 24, 2017, 3:30 pm

    Gory.com for $10000 what a great and cool buy!! If anything this auction shows that you can get an awesome .com for a cheap price! And look at single.com that seems like a super premium name that should be over a million and 290000 what a deal. Dating is what the second biggest business on the internet I think.

    Reply

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