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10 Responses to Who owned what that was sold at Afternic.com

1. 
   spellman
   

   Dec 31, 2008

   A racket.
   They are in bed with reit and bido
   They pay u $3 a name after making u park and shaving clicks
   Then they sell for $2500 or more
2. 
   Leonard Britt
   

   Dec 31, 2008

   Thanks again for these stats as I realize it takes some effort to do the research. I see the weekly DNJournal sales on Afternic and often ask how such a large number of so-so domains are selling for $1500-$3000 when I have “several” of comparable quality. I understand that a business which provides a service normally has to charge for it or have some means of covering its costs. But why pay for listing if the odds are stacked against making a sale? Note that two of the five “member owned” domains are IREIT.
3. 
   RegFeeNames.com
   

   Dec 31, 2008

   Number Dont Lie Jamie!

   Great Post!

   I have used them before and didnt really click with them – I still have an active auidance account but never use it and I probally still have names listed there but havent optimized!

   I obvious that most of the 500,000 names that NameMedia own / BuyDomains are going to try and sell through Afternic they need revenue and this is one way to gain that and also prove that they can sell name even though they are there own names.

   Happy New Year When It Arrives Jamie!

   All The Best For 2009!

   Warm Regards,

   Robbie
4. 
   IT
   

   Dec 31, 2008

   Another great post and we appreciate the research and the statistics. Charging members $19.95 and with little or no intention to sell members’ domains, I couldn’t think of any words other than a scam.
5. 
   Paul
   

   Dec 31, 2008

   Or maybe it is simply that their names are of a better over quality and the quantity of their holdings means that a small percentage volume selling results in a large number of sales in actual terms.

   IT, it sounds like you think that they can turn a sows ear into a silk purse for $19.95 – if they could do that, they wouldn’t need your domains would they?

   **Jamie Says**
   I think the “Quality” is no factor what so ever. Afternic owns over 850,000 domain names and we all know they are all not “Gems”. Look at the domains I posted sold… All of those sold for $2,000 or Greater and you can’t tell me TestQ.com or Isoflavones.com or GrannyAnnie.com or GiftAbility.com or CompareTool.com or SaveGreat.com can not be matched or bettered by member domains.

   Also to note, do not forget about the 10% or 20% Afternic get’s for selling a Member Listed domain. So it’s not “Just” a $19.95 yearly membership fee to offer your domain names for sale.
6. 
   Paul
   

   Dec 31, 2008

   Jamie, do you think that they just have a stream of people coming to the site with no specific domain in mind and afternic funnels them to their own names rather than people either determining what names they like via searches on afternic or coming to afternic after already having determined the domain they have an interest in from the whois?

   When you have 850k names, even a tiny _percentage_ of names sold can equate to what seems an initially impressive number of _actual_ sales. 100 sales a week would only be 0.6% of their inventory a year. Only selling 0.6% fits in with the idea that not all their inventory consists of gems.

   **Jamie Says**
   I know one thing, Afternic pushes their Phone Number very hard. This is what I think happens and often ~ Somebody may call with a specific domain in mind but if that one is not priced right, not listed or agreements do not come, “other” names are passed around, which will very likely be Afternic owned domains. These callers may also call with their “idea” and pass around several keywords and try to match up the idea with the proper domain. Again, Afternic owned. If nothing comes of those, the last ditch effort would be to pass along “member” listed to see if they can still get 10-20% of that sale. Since Afternic advertises to end-users, I would bet the vast majority have no clue what whois is and have never used it.
7. 
   Paul
   

   Dec 31, 2008

   Too much tin foil hat wearing for me, I’m done.

   **Jamie Says**
   Not sure what that means… “tin foil hat wearing”?
8. 
   Kat
   

   Jan 01, 2009

   “Too much tin foil hat wearing”

   I believe he is equating you/your theory/findings to paranoid individuals and/or those believers in conspiracy theories and cover ups — think aliens, UFO’s, faked moonwalk, JFK’s assassination, the Knights Templar, the Masons, the Illuminati, etc…

   Some of these believers are also sure that some people/aliens/black-ops organizations are capable of reading minds, hence the tinfoil that prevents the scanning of one’s brain.

   Good luck with protecting your gray matter, thanks to the TSA & Homeland Security, they now have sidescanning technology that can come from below to read your brain waves thus bypassing a head based tinfoil wrap. Now one must wrap the entire body with tin foil to avoid a scan… Hahahaaaaaaaaaaaaaaaaaaaaa
9. 
   David
   

   Aug 04, 2009

   The nice URL landing page which announces at the top the name is for sale and gives a toll-free number which is answered by professional sales people goes a long way in getting sales. That’s especially so since they are flexible on the pricing and willing to lower the price if asked. An example is a name I just purchased from BD for less than 50% the asking price.

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