Media Options Running Private Auction at NameJet
NameJet is hosting another notable domain auction on behalf of a domain investment company. Andrew Rosner’s Media Options, best known for its domain brokerage services, has listed quite a few valuable domain names up for auction at NameJet. The auctions will begin closing between two weeks and a little over a month from now.
I saw the banner on NameJet’s website, and I asked Andrew if he could share some details about the auction. According to him, about 30% of the inventory is listed at no reserve, and “all are priced VERY aggressively, many at below what we paid” in order to induce competitive bidding.
I looked through the list of names that are currently loaded on NameJet, and it appears that some of the better inventory has not been added yet. I would expect the full auction inventory to be added in the next few days. To give you an idea of the quality of domain names that are being auctioned, here’s a short list of the domain names included:
Andrew Rosener shared some additional insight into this auction and his thoughts on the current state of the domain market:
“Media Options is testing the waters with this portfolio auction. If successful it will be followed by several more rounds. With the exception of several key domain names, we will be looking to gradually sell off much of our portfolio in order to focus our attention and resources on our domain name brokerage business which is growing tremendously. We remain extremely bullish on premium .com domain names and will even still be in the market for certain types of names, however, we will be more focused on bringing the types of deals we normally acquire ourselves to our customers and offering up “curated” portfolio sales like this one from time to time with exception domain names we have hand selected and purchased with a careful eye.”
If you visit the main auction page, you will be able to see what domain names have reserve prices and what do not. The reserve box turns from blue to grey once an auction lot hits its reserve price, so if the box is grey, you will be able to tell that the auction has met reserve and will sell to the high bidder.
Should others wish to become sellers on NameJet, you’ll need to contact Matt Overman or Michael Sugarman to discuss as the NameJet seller platform is still in private beta.
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