I am an active bidder on NameJet, and I purchase a considerable amount of names for my company’s inventory. I’ve bid a total of $389,000+ on NameJet auctions since I registered in 2008. Recent NameJet purchases include ChineseProverbs.com, PennsylvaniaRealEstate.com (with a partner), ConsultantBlog.com, Buddhists.com, RhinoplastyDoctors.com, SpeedingViolation.com, and many more.
I have had very good luck re-selling NameJet acquisitions, primarily because there isn’t much end user competition when bidding, and I can then re-sell these domain names at a premium price.
If you don’t use a tool like FreshDrop to scan lists of names coming up for sale at NameJet, and if you don’t have hours to spend each day looking through unorganized lists of dropping domain names, I want to share five ways to find great domain names that can be backordered.
These five tips to find good domain names may be fairly obvious, but they are helpful and I use these methods daily.
1) When the backorder deadline (8pm Pacific) is approaching, I visit the find domains page and sort all .com domain names that are ending within one day. I then sort these by the number of bids and scan the list of names with bids. I figure if someone else has gone through the list and placed a backorder, these domain names are probably the most likely to be worth something.
2) On the NameJet homepage, there is a list of “NameJet Hot Picks,” and I believe this list is hand chosen. These names don’t always have bids, but they are usually pretty good names to consider.
3) Shane was one of the first people to publicly post upcoming NameJet auctions, and you can have a look at some of the better pending auctions for the day.
4) I receive two daily newsletters from NameJet –  100 Most Active Pre-Release Backorders and  50 Most Active Pending Delete Backorders. These emails highlight what are considered the most active auctions.
5) I have set several NameJet searches, and each morning, I receive emails with domain names that match my search criteria. I still wish NameJet could figure out a way to send all of these matching results in one email instead of having to look through several.
Thanks Elliot. I’ll now how to keep the list clean since you’re sending over the classy people from your site. 🙂
Elliot, would you mind answering two questions please:
1) how much did you pay for PennsylvaniaRealEstate.com?
2) do you target a specific dollar amount of profit per name or a percentage, do you mostly develop and hold or sell to end users?
Yeah Shane, I am one of those classy guys that Elliot sent ovwer… 🙂
So now we can inflate your bids when we see you are bidding on a domain name?
Be my guest, but if you outbid me, you’re stuck with a name that you know I thought was worth less than your winning bid.
Thank you Elliot! for great tips 🙂
@Elliot,
Have you had any issues with NameJet on not being awarded the domain that you bid for at any time?
Some people claim when they’ve been the only bidder, NameJet has not awarded them the domain at the price they bid for. How true is this in your experience or anyone else who may have gone through this process?
TIA.
Never had the issue… perhaps the names were pending delete and NameJet didn’t catch them?