CarAuctions.com.au
- Thread starter Chris.C
- Start date
snoopy
Top Contributor
You mean like oztion yeah I stopped using them when it turned to quicksales as did many other users however it was fairly popular and a good alternative to ebay,and made plenty of sales. it started long after ebay
I've seen dozens of them advertised over the years on tv, can't remember any of the names.
Chris.C
Top Contributor
You'd probably remember carauctions.com.au
domainlover
Top Contributor
over 11k on Netfleet
snoopy
Top Contributor
Wasn't this proven wrong a lot time ago, every day their is stuff with fairly solid exacts sells for very little, eg 1000 exacts, $50 type names.
snoopy
Top Contributor
It is probably a waste of time. If the odds are low is makes sense to bid lower. Just do a very rough, low calculation. Bidding higher won't piss carsales off, it might piss of the the person bidding higher when they win though!
If you are truly worried about the effect carsales is having then don't let them bid.
snoopy
Top Contributor
Well that was a little underwhelming... $14k.
What .com.au lately hasn't been? Weddinginvitations.com.au is about the only one I can think of that did better than expectations (primo quality name which deserves a strong price)
I'd say the market is clearly down and/or nowhere near the level most think it is at.
Chris.C
Top Contributor
snoopy
Top Contributor
I wonder how much THEY thought it was worth...
Less? More? What they paid? Not sure.
James
Top Contributor
They do this for sure already, many domains have been picked up by them in recent years via private sales.
Yawn... will you be saying this for the next ten years like you have for the last ten?
You do know that .au domain names have increased by 138% in the last two years don't you?
http://www.netfleet.com.au/domain-sales-graphs
snoopy
Top Contributor
All I know is that most of the .com.au I try to sell are lucky to recoup reg fees, the exceptions are names with traffic. Prices paid at drops have gone up from a couple of years ago but that means little for domain holders because they can't sell at drop prices and there is no liquid aftermarket. The prices are still terrible for anything but the best. If you're name just went from $2 value if you dropped it to $4 that ain't saying much, especially when nobody will even pay you $4.
Picked the wrong names? Wrong time (too early, perhaps)? But I also note that the only names you've tried to overtly sell are your weaker ones. So it's not exactly representative of your portfolio let alone the market.
Domains in general aren't as liquid as shares. Not just .au - look at the problems overseas. Massively hyped worldwide auction events are not doing too well either. (in fact I just Googled 'TRAFFIC results' and got a result from the 2010 auction with 9 out of 600 lots selling). But they are probably more liquid than things like fine art, licence plates, 1300 numbers etc.
Remember lack of liquidity doesn't make an investment a dud. Makes it harder sure but you can still make money.
neddy
Top Contributor
Quit your whining Snoopy. (Sound familiar?).
If you think it is such a crap marketplace, then why don't you get out of it?
You're obviously doing something wrong - or it's not suited to your personality.
There is not a week go by where I don't sell at least one domain for a good return on investment. And I know of quite a few others in the same boat.
snoopy
Top Contributor
Too early, too late, the auction ended on Saturday, everybody forgot to bid. There is always some excuse.
The fact is these names haven't done well. Even solid sounding names are worth very little & the top end is stuff like $18k for credit.com.au & $14k for carauctions.com.au. The quite good sounding names are 2/3 figures and 99.5% is $0.
snoopy
Top Contributor
Of the small amount of .com.au I own I've been scaling back what I see as names with low potential and only holding names with parking revenue or names I have immediate plans for.
Data Glasses
Top Contributor
parking revenue from .com.au's ?
