Aftermarket domain sales/auction site with excellent potential (I'm serious)

[Eric]

Take a look at DomainApex.com It is an aftermarket domain sales/auction site ran by DirectNic, a reputable, established registrar. I believe it has excellent potential. You will see some obvious bogus bids but this is practically unavoidable with a site of this nature. The site is fairly new but very functional and has produced several offers for me already. Personally, I purchase domains for development but for those that I'm willing to sell, I feel this is as good of a venue as any. On one occasion I emailed support about a minor issue and they responded within an hour so needless to say I was very impressed. There is no fee to list.

 

[Tee]

Looks good. Directnic has a very good customer service.

 

[Nic]

looks promising...
hopefully, they will actually give the money to the sellers.
not like how afternic keeps it for itself.

 

[Eric]

Currently your not even required to use their escrow services. I prefer escrow.com for private sales but if a buyer is found through an auction site, I'll normally give them the business if its a simple sale.

 

[clemzonguy]

What is a "strategy" for locating bogus bids or any suspect behavior on the auction sites?

 

[Eric]

The lowcap domains with unusually high offers or bids will be obvious. Otherwise it may be a little difficult to tell sometimes unless you see a pattern. It’s fairly easy shillers to remain anonymous. I bet the bigger auction sites eventually go to a new ID verification similar to that being implemented by eBay. It doesn't really affect me personally because I buy most domains privately. On the other hand it might unjustly discredit the site in the eyes of potential buyers that may or may not realize such bids are not legitimate.

 

[Eric]

clemzonguy - I just noticed the domain in your sig. If you would consider selling it, I can put you in touch with someone who would be interested. Just email me.