Backorder Price Wars: NameJet.com Lowers Minimum Bid On Pending Delete Domains to $59

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Just weeks after SnapNames.com increase it minimum bid on pending delete domains to $69, Namejet.com just announced it was lowering the minimum bid on pending delete domains to $59.

Here is the announcement:

“”Ready to save money?

NameJet just lowered our minimum bids on all pending delete domain names to $59*!

In addition, NameJet has increased its available inventory of pending delete domains by adding TV and CC to our inventory which already includes COM, NET and ORG.

Get your backorders in now because this offer is valid for a limited time.”

This does not seem to apply to pre-release domains, which are domains held by partner registrars such as Network Solutions and Enom but only “free drop” domain names.

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. David Williams says

    I got that email from NJ and thought it was a very interesting move considering SN had recently increased their price. The trouble is that if it’s a decent name you’re going to order a pending delete at all of the big 3 (NJ, SN & Pool) so will end up paying whatever the winning catcher charges. But at least there’s almost a 2/3 chance of getting it at $60 or less (Pool charge $60) as long as there are no other bidders.

  3. Johnny says

    I think it is brilliant move by NameJet really.

    Snap must have said “oh sh*t……touche !”

    .

  6. Luc Biggs says

    Most domain investors prefer SNAPNAMES over NAMEJET as the backorders are kept private over at SNAP. Over at NJ however, as soon as you backorder that gem, it will appear on the pending-delete list for the last minute vultures and for the entire planet to see. If they fixed this issue, there would be an increase of at least 50% in the names backordered at NJ.

  7. Johnny says

    @Luc…….dude……everyone knows the quality inventory is at NameJet. On a whole Snap sucks.

  8. Tony says

    So NJ wants more small potatos in these auctions? It won’t change who wins the domains.

    More watchers is what this will result in.

  9. Gazzip says

    “Most domain investors prefer SNAPNAMES over NAMEJET as the backorders are kept private over at SNAP. Over at NJ however, as soon as you backorder that gem, it will appear on the pending-delete list for the last minute vultures and for the entire planet to see. [[ If they fixed this issue, there would be an increase of at least 50% in the names backordered at NJ.” ]]

    @Luc

    I agree 100% – especially with the last part

    All showing backorders has done is took all the excitement out of it and helped the investors with the most money grab even more desirable domains that they might not have otherwise noticed.

    Follow the yellow brick road…..boring 😉

  10. LS Morgan says

    Silly I thought. What decent name are you going to be the only person to backorder lol.
    ——

    Amazing “oh my god” names, never.

    “Decent” names? Names with a very high resale probability? One bidder happens *all* the time.