Archive

Archive for the ‘rick schwartz’ Category

Sedo Weekly Transactions Total $1.5million led by Boardroom.com

May 18th, 2016 Comments off

Over the past week, 542 transactions took place on Sedo’s marketplace and via SedoMLS, totaling $1.5m. 62% of total sales were the result of Buy Now listings. Highlights of public sales are:   Top .com: boardroom.com at 75,000 USD Top ccTLD: itjobs.in at 18,000 GBP Top “other” TLD: tea.world at 5,000 USD After no five […]

The post Sedo Weekly Transactions Total $1.5million led by Boardroom.com appeared first on TheDomains.com.

Rick Schwartz Files UDRP on DomainKing.biz

April 27th, 2016 Comments off

Rick Schwartz’s company Virtual Dates, Inc has filed a second UDRP based on his “Domain King” federally registered trademark, this time on the domain name DomainKing.biz. About a month ago Rick Schwartz filed a UDRP on the domain name DomainKing.ng. .Ng is the country code (ccTLD) for Nigeria. At that time Rick told TheDomains.com that […]

The post Rick Schwartz Files UDRP on DomainKing.biz appeared first on TheDomains.com.

UPDATE: Domainking.ng Moved To A New Registrar After Rick Schwartz Announced UDRP

March 31st, 2016 Comments off

The domain name domainking.ng changed registrars yesterday, apparently as a result of our post announcing that Rick Schwartz filed an administrative proceeding similar to a UDRP with the Nigeria Internet Registration Association (NiRA) which manages the Top Level Domain (.ng ccTLD) based on his “domain King” trademark. The domain name domainking.ng is being used as […]

The post UPDATE: Domainking.ng Moved To A New Registrar After Rick Schwartz Announced UDRP appeared first on TheDomains.com.

Rick Schwartz Files UDRP To Protect His “Domain King” Mark & There’s More To Come

March 30th, 2016 Comments off

Rick Schwartz who has been known in the domain community as the “Domain King” has filed an administrative action to gain control of the domain name DomainKing.ng. .Ng is the country code (ccTLD) for Nigeria. Rick not only is commonly known as the Domain King inside the domain community, but has a federally registered trademark […]

The post Rick Schwartz Files UDRP To Protect His “Domain King” Mark & There’s More To Come appeared first on TheDomains.com.

Rick Schwartz Sells 997.com

February 27th, 2016 Comments off

Rick Schwartz has sold the three number .Com domain name 997.com for an undisclosed price. Although the price was not disclosed Rick did tell TheDomains.com that the “sale is several times larger than the largest current sale of the year.” According to DNjournal.com, the top sale of 2016, as of publication is BGI.com which sold […]

The post Rick Schwartz Sells 997.com appeared first on TheDomains.com.

Rick Schwartz Sells 4 Domains For Over $1.325M & Breaks Record (Again) For 4 Number .Com

November 13th, 2015 Comments off

Rick Schwartz added to his most amazing year, selling four more domain names this week for just over $1.325 million dollars. Rick, who is known as the Domain King, keeps showing why he owns that title. Included in this week’s sales is 6565.com which set another record for a 4 number .Com domain name. Rick […]

The post Rick Schwartz Sells 4 Domains For Over $1.325M & Breaks Record (Again) For 4 Number .Com appeared first on TheDomains.com.

Lucky 8’s: Rick Schwartz Tops $10.5M in Sales For 2015: Sells 989.com For $818,181.81

October 20th, 2015 Comments off
Rick Schwartz a/k/a the Domain King just sold the domain name 989.com for $818,181.81, topping $10.5 Million in domain name sales in 2015. For Rick who always talked about having a 20 year plan, 2015 marks the 20th year and its been a record setter. For a guy who made a reputation for saying NO […]

Rick Schwartz Sells 899.com For $801,000: Now Has 1st & 3rd Largest Reported Sales Of 2015

September 16th, 2015 Comments off
Rick Schwartz, the Domain King, has sold the domain name 899.com for $801,000 which becomes the 3rd largest reported domain name sale of 2015.  (DnJournal. com is the official keeper of all reported domain name sales) Earlier this year Rick sold the domain name Porno.com for $8,888,888 which is the highest reported domain sale of […]

Rick Schwartz Sells 9595.com for $180K Setting Record For Highest Reported NNNN.com Sale

July 18th, 2015 Comments off
Rick Schwartz a/k/a the Domain King has done it again setting yet another domain name sales record selling the domain name 9595.com for $180,000. This is the highest reported four number (NNNN.com) domain sale of all time and only the 5th reported NNNN.com domain to sell in the six figures. Rick hand registered the domain […]

Keep Playing the Music . . . Really, The Ship’s Not Sinking, Part 2

October 10th, 2012 Comments off

Over 4 years ago, I wrote a post about the results of the 2008 TRAFFIC auction. That auction did over $4.3 million in sales.  Can you imagine ?  Back then the entire industry was looking for a barometer of the state of the business during a tough time, and the results were considered dismal with a total sale volume of ONLY $4.3 million.  Times sure have changed!

If TRAFFIC auctions were a barometer of the market conditions, what are they today ?  I think they may have sold under $150,000 in names.  Rick just posted on his blog “The market is a snapshot of things and the picture it took was not very good. While many attendees are doing well, the average domainer is not.”

We don’t have the official results from TRAFFIC yet but a lot of domains didn’t sell and a those that sold didn’t fetch big prices. That’s the snapshot.  The results DNN posted live were terrible, but I think they can be expected based on the names. Rick promised this to be a list of domains that would put a buyer in the top of the pack of all domainers.  There were some good ones (I even bought one) but I’m not sure the list could completely deliver on that promise.  Rick just said “I can only choose domains that folks want to sell and look at it through the eyes of a domainer.”   I know that’s a hard task. I’ve done it before and everyone is a “keyboard critic”.  You do have to work with what’s been submitted and sometimes you go with what you have been handed.  I don’t think that price to quality ratio were at a level that domain/investors would bite right now (more on that later).

Andrew Alleman wrote in his piece that this TRAFFIC auction was the most exciting in years.  I wasn’t at the auction so I can’t comment on the buzz or on how exciting the room was, but I think even though Andrew is taking a beating about his post, the buzz and excitement is a good sign.  It shows what I believe to be true too, it’s a buyer’s market and there really are buyers wanting to put money in to domains still.  Rick even mentions the names of buyers who did buy at this auction. They’re domainer/investors.  Guys whose names you know from other blog posts : Mike Berkens, Sean Sullivan, Morgan Linton, Darren Cleveland, Gregg, McNair, Russ Goodwin, Bill Sweetman, Brain Benko (who bid/bought on my behalf).

Raymond over at Hybrid Domainer asked if the time for live auctions had passed.  I commented in length about my experience and thoughts on auctions over there,  but to summarize, I believe live auction events need to be aggressive and open.  They need to do aggressive marketing and be aggressive about getting great names at great prices.  This is nothing new really though, but the domainer/investor buyers are much more savvy and much more choosy today.  They’ve got a lot of inventory that they can choose from just buying a name over at DomainNameSales.com or finding on a drop list.

A live auction should be open and never turn away a bidder and provide a technology that allows bidding online.  The phone bidding at TRAFFIC required prior registration which I didn’t know about so I called a friend.  I know first-hand how tough the technology side is to pull off.  I helped put together an auction on a shoe-string budget from a Vegas hotel room (not a conference room) and we did $150,000 on our first attempt.  It wasn’t easy.  I’ve also been involved in several auctions that melted down because of technology limitations at the hotel.  It can be done though and it has been done.  Let’s not bother if we’re not doing it live and online though.  As DomainShane said “It baffles me that in 2012 we still have this limitation”.

Every day domainer/investors spend thousands of dollars at NameJet and SnapNames auctions bidding live online from the comfort of their homes, so there are buyers still out there.  They don’t even need audio/video on those systems . It’s something we’ve all come to expect at the live events but it’s not necessary.  Being in a room with a bunch of domainer/investors doesn’t do anything but allow you to show-off your bidding really.

As for the “end-user”, it’s my opinion that they generally don’t care about live auctions.  I’ve marketed domains from our auction to this sort of buyer.  Unless the deal is out of this world and they must have the name, they’ll buy your domain when they’re ready.  We’ve seen end-user buyers bidding at live auction events and they’ve bought some big dogs. We have to hand it to the remarkable marketing of these live auction companies that pull in these bidders.  That’s not an easy task. I’d venture to guess they put a lot of effort in to getting those names and those buyers all lined up months ahead of the event.

The “Titanic” of live domain auctions may have sunk (again?), and as Rick said, there’ll be people dancing on the grave.  I don’t think the grave is the domain aftermarket though.   The good news for domain investors is that there are still buyers out there.  I can attest to this, I had one of the best quarters ever this year selling, and I’m still buying as well.  I made more on sales this year than ever and I’m not really a seller.  Buyers are picky though, especially domainer/investor buyers.  They’re looking for good domains, cheap.  They know everyone is selling and the buyer pool has become smarter and savvier.  If you want to continue to sell names at live auctions targeted at domainer/investors, give ‘em  what they want.

Related posts: