Reglikedomain industry desk

GeoDomain Auction Gets More Sales

Longhorn.com and Ponce.com snag bids in extended auction.

I learned something notable when I went to Las Vegas for DomainConsultant’s live domain auction: the initial results are just the beginning.

DomainConsultant does a great job closing sales following the auction ends. But they also make sure that no one has an incentive to hold off on buying domains in the live auction domains with the hope that they’ll be available for less: they never lower prices following the live auction, and often times increase them.

By now, DomainConsultant has bids on three more domains since the close of the prior week’s live geo domain auction. The two big ones are Longhorn.com at $35,000 and Ponce.com at $21,000.

Since I have a few domains in the Geo auction, I got to see first hand how DomainConsultant markets domain names. They reach out to end users through LinkedIn, Twitter, etc. The firm also connects with domain investors to pitch domains. They create customized landing pages for each domain that you can forward your domains to prior to the auction. Sellers also get a “sellers kit” counting information on how to get publicity for your domains at auction.

Bidding is available online at Aftermarket.com through May 5.

Also on the wire

Other reporting from the domain desk.