Comments on: TRAFFIC Down Under Aftermarket.com Live Auction Results

By: Narkov

Narkov — Fri, 21 Nov 2008 07:15:56 +0000

It was an absolute farse. I had $25k to spend and attempted to bid on a large number of bids. I only managed to successfully bid on one domain totalling $0.8k.

Very bad news for sellers as there is about 6 domains that I would have happily paid 2x,3x or even 4x the final price. I even won an auction according to the fall of the gavel but lost the auction online (see up.com.au)?!! It will be interesting to see how this plays out because I will be pursuing them to adhere to the auctioneers gavel.

If they knew about the technical issues why did they continue? They could leave themselves open for litigation from sellers.

By: Ricardo

Ricardo — Thu, 20 Nov 2008 13:46:03 +0000

Isn’t it a shame that a technology/internet failure would effect the domain auction?

I believe some of the domains were a steal.
Were the final prices low because of the economy, sales platform, lack of bidders or technology error?

I feel bad for the sellers.

Do you think they will make the same mistakes at the Traffic Conference in San Jose in April?
If so, I would be reluctant to give my domains away due to their technology flaws.

By: John

John — Thu, 20 Nov 2008 06:14:45 +0000

Lot #38 was my name and sold for $1,300. It seems that was about the time the tech problems started, so I got to wonder if I lost out on other online bids? Alas, at least my name sold. I feel really bad for the people that didn’t even get their names to the selling block towards the end. It’s really awful how low many of the bids were and the many problems they had.

By: Adam Strong

Adam Strong — Thu, 20 Nov 2008 05:59:32 +0000

Johnny, prior to the auction going to hell because of technology problems, 75% of the names sold. I guess horrible names are HOT.

By: Frank Michlick

Frank Michlick — Thu, 20 Nov 2008 02:04:46 +0000

The auctioneer was doing a good job, it’s the technology that failed the auction – a 20 minute delay to start followed by several outages forced ending the auction before it was complete.

By: Kevin M.

Kevin M. — Thu, 20 Nov 2008 01:47:48 +0000

Wow!! Was there anyone there in the audience to bid?? In fact did anyone know this domain name auction was even taking place??!? What poor, poor selling prices! (and what ‘great deals’ too!) And what-up with an auctioneer that can’t do 100 lots in 3 hours?? Heck, not even 75 lots in 3 hours!?! People made fun of the .mobi auction recently, but they did better overall than these .com’s, and…a countrys’ own tld did on it’s home court!!! Is the economy that bad worldwide, or is this something else in domain name values?

By: Frank Michlick

Frank Michlick — Thu, 20 Nov 2008 00:34:57 +0000

@C: There seem to be some problems.

By: C

Thu, 20 Nov 2008 00:31:02 +0000

Is the online auction system down?

By: UFO.ORG

UFO.ORG — Thu, 20 Nov 2008 00:29:28 +0000

Frank,

With shill bidding so rife in many auctions it probably would be an idea to have a better indicator than “house”. You play the “house” at cards etc.

By: Frank Michlick

Frank Michlick — Thu, 20 Nov 2008 00:18:23 +0000

@UFO.org: House just means is that the bidder is at the auction itself.