IREIT/NameJet Proves Domains Are Liquid Assets

by

The sell of of IREIT domains continues over at NameJet.com this week.

What’s lost in the story is the fact that this strategy by IREIT to sell their domains in this fashion, all starting at a $69 reserve is that domain names are in fact a Liquid investment.

The debate has raged for quite a while are domains liquid assets, that is can they be sold and turned into cash quickly if they need to be.

After watching IREIT domains selling on NameJet for decent prices the answer is YES.

A good domain will sell, even in the worst of times, immediately for decent prices, making the domain market highly liquid.

Now the naysayers are going to say well you can sell anything if you will to take 50% of the value of a it, but the real estate market, shows that this is certainly not the case for all assets.

Real Estate, considered to be an illiquid assets, is for sale all around the country at 50% off and at this point there is still hundreds of time more inventory for sale at this level than are actually selling.

When you look at what IREIT and namejet has been doing, selling inventory off, taking in hundreds of thousands of dollars in revenue in 10 days, you have to come to the conclusion the domain aftermarket is active enough, with enough buyers with cash, the domains can be sold, quickly and easily.

When added to the other domains reportedly sold this week, $481K at the silent domainfest auction at snapnames, $1.25 million for toys.com, $100K for hobbbies.com, $400K for Malaysia.com sold by Live Current, $600K of domains at Sedo, $240K in domains at Namejet.com (just the domains I follow, see below) add up over $3M in sales in a week.

Ron Jackson will have even more sales when he complies his list on Tuesday. (last week Fly.com sold for $1.8M)

So no one can argue that good domains are not liquid.

Like anything else you will may not get top dollar when you have to sell domains, but you will find buyer and turn your asset into cash.

Here the sales from NameJet.com that we tracked for this week (please note that not everyone of these domains we IREIT domains but many of the higher priced ones are):

discountbedding.com $22,311
waterpurifiers.com $15,655
ifamily.com $12,400
foreclosurelist.com $11,600
zigo.com $11,301
familyplan.com $9,200
hairbraids.com $9,200
puppyfood.com $8,433
educationdegrees.com $8,000
stairway.com $8,000
bargainhunt.com $7,600
medicaltechnology.com $7,400
sack.com $7,105
liveentertainment.com $6,612
motorist.com $6,200
headband.com $6,055
powershift.com $5,700
skindisorders.com $5,500
sneakpeak.com $5,400
outrank.com $5,100
musicstars.com $4,988
rolloff.com $4,600
roofingshingles.com $4,600
pcinfo.com $3,900
slammer.com $3,700
roofhatch.com $3,700
onlinetutorial.com $3,655
onlinefootball.com $3,400
goku.com $3,100
coronadobeach.com $2,700
graduatestudies.com $2,678
noloadfunds.com $2,633
carshoppers.com $2,500
energyalternatives.com $2,200
givingthanks.com $1,980
supportstaff.com $1,975
hotrodcars.com $1,950
neckinjuries.com $1,811
findfood.com $1,811
burma.org $1,620
allscrubs.com $1,600
masina.com $1,555
freebrochure.com $1,100
$242,528

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. Steve M says

    A good way of looking at the total market; not just “slivers” talked about here and there.

    When aggregated as you’ve done; and this doesn’t even include the many 100’s of weekly sales at the other venues or all the many undisclosed sales; the domain market is actually quite robust.

    While arguably not at the same price level of 2007/ early 2008, it’s far more active than many other markets in today’s economy.

  2. RKB says

    $69 reserve is good if minimum NameJet commission is like $20 or so.

    What if a domains sells at $69?

    How much is the seller paid?

    Thanks.

  4. MHB says

    Too Many

    Agree I it was a good buy. Actually I was the one the winner outbid.

    Think its a very good thing that some of these domains wind up with end users rather than domainers.

    We always talk about opening up our auctions to end user and as end users start learning about domains, it can only help our industry

  5. C_Sivertsen says

    Mike,
    I believe there is another party in between iREIT and namejet, thus the privacy on many of the domains. So this is more a story of successful flipping than anything else.

  6. MHB says

    Chris

    Then that would be an additional story, but the bottom line is if you need to sell domains, you can do some in short order for decent money

  8. Acro says

    Hold your horses until next week; quite often there are deadbeat winners at NameJet. I’ve been compiling a list of usernames to uncover repeat offenders as some auctions go into the 5 figures and yet the names get re-auctioned due to lack of payment.