My 5 favorite buys in the NamesCon live auction (that other people bought, not me)

ibar-dot-com-namescon-2019

There is a lot of buzz going on this week about the live auction that took place on Monday at NamesCon, and for good reason, by all measures it was a big success. I’ve said it before and I’ll say it again, Monte is amazing and when it comes to putting together and running live auctions, he really is the best of the best.

I didn’t participate in the live auction but I did hang out and watch the action which is always fun. I’m always interested in seeing the dynamics of how people bid in live auctions and this was a great one to watch. I’ve had a few people ask me what I thought were the best buys at the auction so I thought I’d share my thoughts.

DomainNames.com – $370,000
This is such a great name, and with Frank Schilling as the buyer, safe to say it’s going to be put to good use. My guess is he’ll never sell this name, but I can’t think of a much better person to put it to good use. I think the price is solid on this one, feels like it’s worth north of $500k IMHO so I think Frank got a good deal.

MedSchools.com – $1,200
This was a really good deal for the buyer, and the seller might feel a bit of a sting as I’m guessing they were probably expecting it for sell for quite a bit more. This could be a great name in the right hands.

Stop.com – $110,000
Screaming deal. This feels like a domain that should have sold in the $250,000 – $500,000 range. I wouldn’t be surprised if we see this resell in the future for much more.

SmartDrugs.com – $9,500
Solid two-word .COM with a lot of development and resale potential given how low the sale price was. Drugs might not make you smarter but buying this name will likely make the new owner richer.

StartupFunding.com – $4,000
I might be a bit biased but I like this name, category-killer in an incredibly hot space. I also would have thought this would have sold for more, great deal at $4,000 and I’ll be interested to see what happens with this one in particular.

From what I could tell the auction went perfectly smooth except for a small bidding error with CPU.com which was handled really well, quickly corrected and the bidding continued. While CPU.com didn’t sell in the live auction, with so much bidding activity I wouldn’t be surprised if it sells in the extended auction. Here’s a video I shot of the CPU.com auction:


What were your five favorite domains sold at the NamesCon auction? I want to hear from you, comment and let your voice be heard!

{ 12 comments… add one }

  • Mark Thorpe February 1, 2019, 7:10 pm

    Stop.com was a screaming deal for sure.
    I would of liked to see DomainNames.com go to a different domain investor or even a domain broker.
    I don’t think a big domain investor like Frank needs or should have this domain.

    Reply
    • Mark Thorpe February 2, 2019, 8:00 am

      I’ve always preferred the term Name over Domain. Name is also being used in domaining and naming more now than Domain is.

      Reply
  • Snoopy February 1, 2019, 8:03 pm

    DomainNames.com – Agree with this a great name with good potential. These kinds of names are somewhat out of favour but it is an excellent name for a registrar. This could be a secondary brand for Uniregistry or even a switch as their main brand. Silly seller to sell this to competitors and the price seemed low.

    Stop.com – This is a bit of a dog in my view, agree it sounds like “a domain that should have sold in the $250,000 – $500,000 range”, but the term is negative. It would get 10% of the inquiries a similar positive term would get.

    Most endusers would never seriously consider a negative term like that and that is probably why the seller was willing to list it with a low reserve and it seemed to get a “bargain” price. It will just sit in a portfolio looking impressive in my view.

    Reply
  • Mark February 1, 2019, 8:04 pm

    Wow, I was shocked at how many good deals were available.
    My thought before the auction was that there were a tremendous amount of good names that will go for a lot of money.
    However, there were a lot of very, very good names that went for reasonable prices.
    I hope next year is a repeat.

    Reply
  • Snoopy February 1, 2019, 8:15 pm

    “While CPU.com didn’t sell in the live auction, with so much bidding activity I wouldn’t be surprised if it sells in the extended auction.”

    Watch as it doesn’t hit reserve. It sold for $140,000 8 months ago and the market for this type of name has declined further. Why would anyone pay over 600k??

    Reply
  • Bar February 2, 2019, 6:08 am

    I won medschools .com and it came as a surprise to me too. Some lots moved really fast, like that one. I placed a bid and before you know it, I’m the winner 😳

    This was my first purchase of a name over the $1k mark and I feel pretty good about it. I’m a developer, so my logic when it comes to paying this much for names (as a newbie) is – worse case scenario I’ll build it out myself (if it sits for a year or two without any leads).

    I thought lotus.net was very tempting too, but it got to the 3k-4k mark and at that point I had to bail out because I have no experience with .nets. But I think it’s a great brand with a million use cases.

    Reply
    • George In Miami February 2, 2019, 9:35 am

      I think “Lotus” is trademark.

      Reply
    • John February 2, 2019, 7:15 pm

      LIke that one, very nice potential for an end user.

      Reply
  • Jose February 2, 2019, 9:11 am

    I think public auctions of domains that are considered premium should end on the same day.

    The bids start days ago to start the auction publishes this I do not put anything found is better so the same day of the auction domain premium that should be considered in Namescon and not leave Pass those domains like Broker.com $ 500,000 and that considered premium that does not reach a cap of $ 2,500 as to make very known Mr. Paul de Godaddy, for the domainer as you give your name in this post, resell these last $ figures is easy.

    Happy Day. Jose.

    Reply
  • John February 2, 2019, 7:14 pm

    Looks folks, especially those who still drink the foolish Kool-Aid about short vs. long as being absolutely one way, this is the reality:

    The normal public, at least in the great US, knows of “domain names” as “domain names.” They do NOT know what “domains” are.

    That’s what makes that deal so great.

    Reply
  • John February 2, 2019, 7:17 pm

    Biggest steal of the show (we’re talking really big steal that makes me wish I had paid closer attention to what was being offered):

    Insurance.us

    Second biggest:

    smartdrugs.com

    Warning: Snoopy may troll me over the .us.

    Reply
  • DomainBoss-RK February 3, 2019, 1:01 pm

    Except DomainNames.com and Stop.com, the other 3 domains have amazing prices. Each can be developed in to a business.

    Reply

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