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I Use GoldNames to Track NameJet Bidders

17

I have most likely spent six figures on NameJet auctions in the last year or so. It's not something I really track, but I am an active buyer on NameJet. I only mention this because it should go without saying that I trust the fairness of the platform, otherwise I would not participate in auctions.

One of the features of NameJet is that I am able to see who else is bidding on an auction. Even though I don't personally know many of the bidders I regularly compete against, it is good to know that if I don't win the other competitors are going to follow through and pay. As a seller on NameJet, it is also helpful to know that someone who is winning an auction is actually going to pay should their bid be the highest.

Because I don't know all NameJet bidders, I regularly turn to the GoldNames.com blog to see if I can find a bidder's history. GoldNames seems to track many (maybe most but I don't know) of the auctions that are run on NameJet. GoldNames also tracks the winning bidder of the auction.

I sometimes find it easier to use → Read More


Reserve Ranges Not Shown on NameJet App

4

When I saw Konstantinos' article today about NameJet bidding, it reminded me of a topic I intended to write about before but never got around to it. It makes me wonder when I see an auction with a high bid of $25,000, $50,000 or even $100,000 when the auction has a reserve price of $100,001 - $250,000. Why would someone bid on an auction when their bid will be below the reserve price minimum? What's the point?

I presume there is a legitimate strategy behind this kind of bidding because I see bidders who I know have spent 6 figures+ on auctions doing it, but I want to point out something that could also be a reason for it. NameJet does not show the auction reserve range on its iPhone bidder app. Bidders who use the app to place bids are doing so somewhat blindly.

On my app that I use regularly when I am away from my desk (more…) → Read More


UDRP for Cousteau.com After Selling for $2,600 on NameJet

5

A UDRP was filed for the Cousteau.com domain name at the World Intellectual Property Organization (WIPO). The UDRP is WIPO Case D2017-0685. I think this case will be an interesting one to follow, especially for people who participate in expired domain name auctions.

Cousteau.com has a creation date of April 12, 1995, making the domain name more than 20 years old. The domain name is currently registered to an individual, and when I visited Cousteau.com today, the domain name did not resolve. Most interestingly to me, this domain name was just won on NameJet at the end of January for $2,600, according to NameBio.

Screen Shot 2017-04-05 at 12.37.20 PM

The complainant in this UDRP is Cousteau Society, Inc., (more…) → Read More


See What The Prior Price Was Before Buying

3

I was backordering some domain names at NameJet when I decided to see what brought them to the auction block. Specifically, I wanted to see if the domain names were expiring or if they were being offered by a private seller. After doing a Whois search on DomainTools, I noticed that they had been owned by a large portfolio owned because of the screenshot shown on DomainTools.

There were two important pieces of information that I could see to help guide me on my backorder and my bidding strategy:


  • I could see the domain names from the prior had been listed for sale for a number of years

  • I could see the asking price and historical asking prices using the Screenshots.com Screenshot History Tool


This was critical information for me. If (more…) → Read More


Bidding on Facebook Typo Seems Unwise

2

One of the top ten domain names listed under "The Drop" category on NameJet's homepage today is Facebbok.com. With a little over two days to go until the expired domain name auction, there are ten bidders with a high bid of $166. This does not count any bids who placed backorders at SnapNames, DropCatch, Pheenix, or other drop catch auction platforms. Bidding on this domain name seems unwise to me.

Facebook has filed quite a few UDRPs for domain names the company believes is infringing on its mark. In fact, it looks like the company is undefeated in UDRP filings. Although I don't recall reading about a cybersquatting lawsuit filed by the company, that doesn't mean there have not been any filings, and it certainly doesn't mean that there won't be future litigation if the company feels it is necessary.

From my vantage point, this kind of domain name is all risk and hardly worth the risk. I understand that when there is money to be made, there will always be people willing to take the risk, but it is a bad look for the business of → Read More


NameJet Introduces Seller Dashboard

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NameJet just announced the introduction of a Seller Dashboard, allowing sellers on the platform to see the status of their auction sales. Previously, sellers could "watch" their auctions when they went to auction within their bidder dashboard, and they could search for them individually or on a special auction page if that was created for their auctions.

This is good news for sellers, as it makes it much easier to see the status of their auction at any time rather than having to wait for a daily payment update email or having to email the NameJet team. The Seller Dashboard is located within a seller's "My Account" page, listed on the left hand side under "My Listing."

Here is a screenshot of the Seller Dashboard with the drop down menu showing the auction status options: (more…) → Read More


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