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10|08|2007 10:45 am EDT

GreatDomains’ September Auction The Most Successful Yet

by NewsDesk Editor in Categories: Domain Sales

The September auction at GreatDomains (owned by Sedo) was completed without any problems after some technical problems with the previous auction. The event brought over half a million dollars in sales revenue with over 30% of the domains selling. With bidders from 38 different countries around the globe, the participation witnessed a fillip of about 74%. Some of the remarkable sales figures in the auction were that of track.com for $100,000, FederalGrants.com for $76,100, portals.com for $35,000 and hoo.com for $47,000.

As opposed to some other domain auction listings, the domains’ reserve ranges were directly listed on the site before the start of the auction. Offering an estimate about the domain name’s reserve price, enabled the buyers to identify relevant acquisition targets in a short span of time. According to the auction research, a revelation of this sort of information increases the likelihood for a successful sale. GreatDomains continues its reputation of a reigning force in the domain auctions.

The next GreatDomains Premium Auction Event is scheduled to begin from 18th October, 2007. The details of the sales listings are available at GreatDomains.

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2 Comments

freddie g

October 8, 2007 @ 11:57 pm EDT

honestly, i thought the greatdomains auction in september was a flop…with the exception of the names you listed and a few others like actingclasses.com….70% of the names did not sell. that is a huuuuge drop off from the previous month…did anyone notice this but me????

lowerprices.com, although not an incredible name…only got bid to $2,600 if I remember correctly, southie.com, only to $5,100??? and there were others that didn’t meet the reserve much lower than that.

thought/feedback???

thanks

freddie g

Frank Michlick

October 9, 2007 @ 10:55 am EDT

Freddy thank you for your comments.

We are actually experimenting with the support by a team of editors and they contributed this article. I think we need to finetune what is taking from press releases and what the real information is.

/Frank

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