Why oh Why – LOOK before you bid !!!
By Alan on Jul 16, 2009 in Buying Domains
In a follow up to yesterday’s article about learning how to search better and not follow the herd when it comes to domain auctions the SnapNames summers auction is providing a great example of how people simply do not look for names that are available as “Buy it Now” and care more about bidding in auction.
Prime Example.
PersonalBanruptcy.org is curently at $435 with 5 days to go.
PersonalBanruptcy.net is sitting in Buy it Now at Snapnames for $1,188.
While some may say the .org is better at this price you might as well pick up both and one you dont have to bid on plus odds are the .org may sell for higher when the .net will never be found since no one decided to look for it.
Sometimes I feel like it is truly like follow the herd mentality for many buying domains – Learn how to search the aftermarket venues and you will find many deals, many times much better than you will ever find in auction.
Ron W. | Jul 16, 2009 | Reply
Hi Alan,
Although I’ve found quite a few good names through the regular auctions and a few drops here and there…I just started seeing quite a few deals on names listed under Buy It Now (BIN)…mainly because I never took the time to look…so I agree, there are LOTS of names that get overlooked in the BIN section!