There is a lot of overpriced crap, and some real jewels buried here. There are now enough online auction events spread throughout the year to keep any domain junkie happy.
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It is generally considered appropriate (by domainers although not by Sedo) to ask someone to place the initial offer, provided that person does intend to go through with the offer if accepted.
As well, on rare occasions Sedo reps will allow a domain to be sent to auction without any offers.
There are three main types of auctions: live, online and auctions for expired domain names.
The live auctions are usually tied in with a domain or other industry conference, and the domains auctioned are usually of the highest quality (and prices! The online auctions are run in a manner that most people are probably aware of – similar to e Bay.The auctions that are closing soon can be found here. To sell a domain name, you need to become a member for .99 per year. Not exactly a prestigious domain market and one where you probably need to be the most cautious. I have previously covered their geo domain auction. Selling your domain usually involves a procedure similar to selling your domain in a live auction (discussed above) and in fact, many domains that are submitted to live auctions but aren’t premium enough get sent to an online auction. Great Domains – Actually a part of Sedo, Great Domains runs a week long auction of premium domains every month.There are then a variety of fees depending on what options you choose for your auction. That being said, if you are involved in the purchase or sale of low value domains, 3 character domains, 4 letters domains, etc., e Bay has a thriving market. They also run live adult domain auctions, casino affiliate auctions, affiliate marketer auctions, dating domain auctions, auctions at webmaster conferences, and more. Name Buyers – A newcomer to the field, this company made waves in November by holding a live auction at the same time and in the same city as the Florida T. They normally have an extremely good selection of domains.There is no feedback system, so people can serially rip off others with no consequences. With a lot of buyers and a lot of sellers, the Snapnames marketplace works very well, and is good for domains of pretty much any level of quality. Sibername – It’s new and small, but shows a lot of promise – Canada’s first premium domain auction platform.Comments that a seller may be selling a domain they don’t own get deleted. It runs in conjunction with the weekly TBR auction.Finally, expired domain name auctions are in a category of their own as they sell previously owned domains that were not renewed – and nowadays, often pre-release domains.