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iReit’s Portfolio for Sale – Wow……

100,000 good names.

Not a chance.

When a large portfolio owner announces the sale of 100,000 names it sounds like jumping ship but it’s not like that - in any way, shape or form.

As I said in an earlier post:

“Over 98% of the portfolio just added to Afternic by iReit is JUNK! - Complete and useless domains your blind grandmother would not register nor be able to spell if Bob Barker was promising a gold house behind door number 3. It’s simply a collection of tens of thousands of typos, possible trademark problematic names, unbrandable words, hypens, meaningless phrases and utter junk with a few good names thrown in to help with a press release”

Quite frankly I have no idea why anybody announced this - it certainly does not help iReit in selling the names. All it does is verify big players are selling their junk and trimming portfolios to only include premium names. It’s no longer about quantity but quality - wait … that is exactly the way it should be.

So I ask, iReit dropped a few hundred (not 100,000) good names in the marketplace - what’s the big freaking deal?

You want real names – watch the featured domains on the homepage of SnapNames, search NameJet daily & read the blogs for private sales.  The deals are out there - this market was not just flooded with great names.

Take a look at some of the “killer” iReit portfolio names listed for sale below. My Amex is ready - Where do I sign up :-)

12-1.com
122122.net
12-25.com
1-mood-disorders-light-therapy-circadian-rhythms.com
1-obsessive-compulsive-disorder.com
1-website-promotion-webmaster-resources.com
4-albuquerque-real-estate.com
4always-n-forever.com
desi-india.com
design-wap.com
dgtop1.com
dgs-fxp.com
d-guo.com
dgw3.com
dgxinc.com
duda-messer.com
ebook007.net
ebook-bay.com
e-clas.com
ec-leao.com

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RSS Feed for This Post6 Comment(s)

  1. Jeff | Apr 1, 2008 | Reply

    If there is ever a buyout of LLLLL.com, iReit will be very rich. They also seem to have a huge selection of typos, which may well get them a lot of traffic.

    **NF** iReit is a great company with some amazing names. Most of the names for sale may have come from portfolios purchased over the years - who knows. However, the announcement of selling 100,000 names seems to be doing more harm than good in our opinion. As for typos, yes - they can bring a lot of traffic but sometimes they can also be a lawsuit waiting to happen.

  2. WeBuyThe.com | Apr 1, 2008 | Reply

    I hope Bob Barker doesn’t read your post. He’s still alive; just retired lol

    http://us.imdb.com/name/nm0054837/

    **NF** My mistake, I will refer to our disclaimer. Don’t believe everything you read :-) LOL. Thanks, Bob Barker is now alive and updated.

  3. Damir | Apr 1, 2008 | Reply

    I do not think that this particular domain names listed for sale are “great” but then again that is ONLY my opinions.

  4. graham haynes | Apr 1, 2008 | Reply

    Dear NF
    How do you get to see the 2% - have you managed to sift them through?

  5. Justin Allen | Apr 1, 2008 | Reply

    I must comment, and the reason I feel obligated to is because I was fortunate enough to see nearly the entire list of domains ireit is putting up for auction. I can assure you, there are some stellar Gems in the list.

    Including many CC.net /.orgs and LLL.com’s /nets /orgs….

    As well as premium CVCV.com’s.

    Justin

    **NF** Justin, you are right - there are some good names in the portfolio but when people chat about how iReit is selling 100,000 names we wanted to put it in perspective. We have the same list (at least I hope) you have. Hands down only 2,000 of these names or less have any value. That equates to 2%. I would have liked to seen iReit, Afternic or BuyDomains come out with an approach that helped showcase the good ones and not just wow - 100,000 names were just made available. In our opinion, it’s fueled a little temporary gloom and doom to the non-sophisticated buyers when it could have easily helped showcase some great values.

  6. jonah | Apr 1, 2008 | Reply

    I agree with you, in fact 99.5% are JUNK names.

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