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SES 2008 Domain Auction August 21, 2008

Posted by simarprit in : Domain Names, Internet, SES 2008, websites , trackback

Yesterday the domainer Simarprit Singh saw himself in action once again. The auction had less than 100 in attendance, most of them freeloaders who had come for free drinks and food. I thin there were about 5 – 10 committed buyers who were there to pick-up whatever they liked at reasonable prices.

I picked up 6 domains in the auction two on SEO, recognizing my firm acceptance and current stance of the SEO industry, one on vehicles, two generic .org domains, one on baseball and one on Jobs.

The experience was good, most of the domains below $1000.00 got sold, there were hardly any takers for big domains. The auctioner with due respect was not very good as he had no clue about the subject. There was no passion and no involvement in it, the auctioneer in Domain Round Table in SFO was far better. Good for me, had he been good I would have landed spending far more than I did.

Why am I investing in domains, simple, I see a huge upside in it. I am picking up these domain names to complete my portfolio and be in a position to release my list so that anyone serious finds something worthwhile.

Do I have four letter domains? Yes! Do I have generic domains? Yes! Do I have two words logical domains? Yes! My story is getting complete.

Do I recommend domain name investments? Yes! I think it is good to have a domain portfolio as an investment option. Like all other portfolios you should build it up part by part.

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