Discussion in 'Sold Domains' started by grantw, Sep 11, 2009.
Not sold yet but nice opening bid:
(not mine by the way!)
Can't see it going much higher than myself.
Seems like it was an opening bid that they put to auction. Normally big names/money they will put in premium auctions and tout for buyers before hand.
Any other opinions?
It wouldnt suprise me if it was eBay that was trying to secure it under the radar and didnt realise that the seller could put it to auction at any stage....
Will be interesting to see if it all goes through?
Wow... I do think it's worth that (or more) to an end user, but I'm surprised... particularly when prices of that magnitude are scarce at the best of times.
Wish I had the cash to buy it - is an amazing generic to work on + develop. No sign of Doug? Thought this would be right up his alley.
Although its good, its not really specific, rent what? could be anything.. just looks nice..
Hi See James when big names sales appear and old bazza
I am the bidder.
Rent.co.uk/boys coming soon!
Another great name.
Lawrence did join the forum a while back but hasn't made a lot of posts. He's got a stunning portfolio of domains:
crazy money, i wonder who the buyer is
Does seem a high opening bid. Wonder what the reserve was. A good looking domain name but with questionable value imo. Now rentals.co.uk on the other hand ...
I'm guessing that was the amount set as the "minimum offer" for that domain name. It makes no sense to start so high otherwise.
That is a staggering amount, surely not real ???
Is it 'crazy' and 'staggering' ?
In terms of rental+rates for a decent office somewhere for a rentals biz, or say a run of full page adverts in national press, or even local papers...
Depends what you compare prices to and see domains as
it's not staggering, and much more akin to what domains are really worth to the business community once they start embracing domains properly.
I do agree with this, just seems to be taking a long time to sink in to these business brains, as far as i am concerned having a generic domain name is like having a telephone connection in terms of importance, businesses just aren't realsiing it yet
it will take a long time, no doubt about it. But it is at least starting. You have to bear in mind the huge sums that are spent on advertising. e.g. Daily Mail: Full colour page, guaranteed position, Monday, Tuesday or Wednesday = £53,676. That is ONE page in ONE paper on ONE day.
OK, you could argue that no-one pays rate card prices, but we're still talking a completely different kind of pricing level compared to few hundred or few thousand for a domain.
At least if they buy a domain they get to keep it. What use is the newspaper advert the following day?
I've a feeling that domains will chunk into a number of different price points:
1. Zero value
2. £xx - £x,xxx - names suitable for affiliate sites, brandables etc.
3. £x,xxx - £xx,xxx(low) - Generics with some (but not much) commercial use
4. £xx,xxx+ - Generics with a commercial use
5. £xxx,xxx+ Prime generics & category definers
Geos will fall into 2, 3 or 4 based on details of geo area; personal names into 2 or 3.
5 would be for extremely commercial markets and single word commercially applicable words: rent, debt, house, car. The sky's the limit.
As i said earlier on in the thread it could be eBay as it would go nicely with there RENT.COM - The final price would be a drop in the ocean to them and would make perfect sense to protect there brand.
Just my thoughts... could be way off but I'm expecting to see eBay in the whois soon.
The bidding prob went like this > offer of 10K, then 20K, then Lawrence writing a message to the buyer saying he looking for min of £60K, the buyer (eBay) offers this ammount then Lawrence puts it to auction to see if it gains anymore interest as the £60K is already a given.
Watch this space i guess!
Thank you mystic meg
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