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!

Morgan Linton

Morgan Linton