Reglikedomain industry desk

Long Drive with DrivingRanges.com — Afternic Hits

Afternic gets a big win with for its expired domains program.

It’s been a number of months since Afternic disclosed it would begin auctioning expiring domains. I’ve played around with Afternic’s expired domain auctions, but until this weekend most of the auctions have ended for less than a few hundred dollars.

This past Saturday that changed: an expired domain auction for DrivingRanges.com ended at $7,455. More importantly, it received 46 bids from regarding a dozen members counting some big players in the industry.

DrivingRanges.com is a good domain to which I peg an investor value of regarding $5,000-$10,000. It will be easy to develop and a great investment. My last bid was around $5,000 ahead of I got tired of trying to submit bids on my Treo while standing in line at Six Flags (I think my wife was getting frustrated with me). At NameJet or SnapNames I suspect this name would have gone for more money; that’s why savvy domain investors look in the off-beaten path for domain bargains.

Congratulations to Afternic and the buyer.

Also on the wire

Other reporting from the domain desk.

AExpired DomainsAnd other expired domain sales — Retweet.com ResoldSnapNames sell $749k domains in October — NameJet andExpired DomainsSnapNames sell $749k domains in October — NameJet andPicking up short Pinyin domainsExpired DomainsPicking up short Pinyin domainsExpired domain names to Sedo — 1&1 sendsExpired DomainsExpired domain names to Sedo — 1&1 sendsNDomain RegistrarsName ambitions become clearer — Google’s domainExpired domains are being targeted by Google — SEO’s sayExpired DomainsExpired domains are being targeted by Google — SEO’s sayOf NameJet’s record month — A recapExpired DomainsOf NameJet’s record month — A recapEExpired DomainsExpired Domain Name Note (It’s a big one)Expired domains sold for $2k+ last month — See whichExpired DomainsExpired domains sold for $2k+ last month — See which