How come Expiring Auctions get better bids than public auctions???

sir_roxalott said 2 years, 9 months ago:

I saw the awesome high bids on the godaddy auction site and spent around 400 for fresh .com’s before I noticed this and feel like I’m in a pickle

I noticed that all the most active auctions with the most bids and the highest bid amount are all Expired domains controlled by godaddy. AND the public auctions (where godaddy members get to list) are for the most part in comparison garbage. I called godaddy customer service (twice)to ask why this is factual and they had no idea what I was talking about and when I pointed it out and walked them through the open another window and type in the top 15 selling (at auction) domain names… low and behold domains are only worth real money 1 month and 1,2, or 3 days(for some strange reason) after domain owners allow their ownership to expire. I did do some research and all the highest selling domains not only are expired but the all started the bid at only $12.oo and are now selling at a few hundred dollars to almost 2 thousand dollars while domains whose ownership has not expired and are selling at public auction are barely selling at $15.oo
Has anybody else notice this and if so can anybody explain why a domain owner can not sell their domain for a couple hundred bucks but godaddy can magically receive a grip of bidders that have bid battles over expired domain names that would most likely end up in the bargain bin next month??
I am coming to the godaddy community forum as godaddy reps do not have any idea about what I am talking about and when enlightened do not seem to have any reasonable answer as to why this is a fact.
Now don’t get Me wrong… I do not expect to make big Big money, but I did figure if I caught some good names at less than 8 dollars I could maybe get a nice price (compared to the MOST Active blasé .com’s fetching hundreds of dollars+ (not obliviously expired ownership))

Deleted User said 2 years, 9 months ago:

@sir_roxalott,

You’re actually correct. From what I’ve seen, the most popular domain names tend to be the ones listed as an expired domain. This is mainly due to the fact that people that want domains try to acquire them for resell value or to use for advertising purposes. Domain names that have already been registered hold a higher value because they most likely already have traffic coming to them or have a good history with search engines. You’ll also notice that a lot of shorter names with less meaning will gain interest because they may be reached by someone by accident more often and paid advertisements can be placed on these pages for monetary purposes. Hope this makes sense. If you have any more questions, please contact our Auctions department (Auctions@GoDaddy.com) and they’ll gladly help you out. Best of luck with your names as well!

-Clint

catchphrase said 2 years, 9 months ago:

Do I detect some hoodwinkling? I certainly hope not.

newventures said 2 years, 9 months ago:

I can’t believe no one else has posted a reply to this topic. I too noticed the same exact thing. I suppose they get more money b/c of the proxy bids. Either way it is rather funny that the only domains on the Most active page are Expiring domains not owner domains.

Deleted User said 2 years, 9 months ago:

@NewVentures,

We thank for your post and understand that you’re concerned with ‘Expired Domains’ being the most popular. Like I stated, this is for a number of different reasons. Our system is setup to mark the ‘Most Active’ based on number of views and activity on that particular auction. That means that if the domain name auction is getting a lot of traffic and interested from our members, it will be listed as a ‘Most Active’ auction. This is likely due to the points made in my last response as ‘Expired Domains’ are normally the most popular. We thank you for your understanding.

-Clint

-Clint

Deleted User said 2 years, 9 months ago:

@NewVentures,

We thank for your post and understand that you’re concerned with ‘Expired Domains’ being the most popular. Like I stated, this is for a number of different reasons. Our system is setup to mark the ‘Most Active’ based on number of views and activity on that particular auction. That means that if the domain name auction is getting a lot of traffic and interest from our members, it will be listed as a ‘Most Active’ auction. This is likely due to the points made in my last response as ‘Expired Domains’ are normally the most popular. We thank you for your understanding.

-Clint

pen said 2 years, 9 months ago:

The most active auctions are simply auctions with more than 1 bid sorted by price. The only driving force in this particular search is the shopper base, they tend to bid more on expired names for many of the reasons ClintS mentioned already.

As I type this a customer listing (aue.com) is the #1 most active domain, so there is truly no bias on the auction side one way or the other.

Something to keep in mind as well is that most customer listings are offer/counter offers or buy-it-now listings rather than auctions; these listing types never hit the most active page because a single bid is usually all it takes to sell them.

dnabc said 2 years, 9 months ago:

The possibility of an expired domain having traffic is something some domain investors or developers want. Others want aged domains.

But another important reason is that there are many tools and websites that direct traffic to expired domain auctions and not regular auctions. Every day I check expiring domains but rarely check the aftermarket to avoid loosing time seeing lists and lists of overpriced domains.

Deleted User said 2 years, 8 months ago:

@DNabc

You pretty much nailed it. That’s honestly how auctions work most of the time. Thanks for your post on this subject!

-Clint

shanes said 2 years, 8 months ago:

why is their no section for owners to just talk like their is no true comunity hardley and post…

TrafficCyber said 2 years, 8 months ago:

LAWSUIT!!!!!!!!!!!!!

denca said 2 years, 8 months ago:

To Godaddy if you are finding that expired domains are gaining you more money then why don’t you set up a separate area where you only sell expired domains and leave the auction site to your customers this would help all of us greatly so we are not trying to compete against you.

sir_roxalott said 2 years, 8 months ago:

Thanks for all the replies, I just find it strange that domain owners do not seem to be able to sell good names at auction for a reasonable price then after it goes into an “expired” status it magically becomes a hot commodity. Had I noticed that owned domains only generated low, meaningless bids I would not have had speculated through godaddy at around 7.75 per domain with the other added charges to sell 19 dollars here 5-30% there and such… I would have gone to one of those cheaper sites. BUT when first coming to godaddy the auction that always popped up (untill after I posted My question here)showed a decent bidding results and after investing some $$ I started checking each and every name commanding good results and saw this strange discrepancies between owned and expired names, and of course when calling customer service nobody actually (according the them) realized this was a fact! What I also do not understand is if I pay for 1 year of ownership then why does godaddy get to retain “ownership” for an additional 3-4 or more months with the ability to resell it? They did not own the name when I bought it originally, why does it not go immediately back into the public pool of you find it from any source you claim it?? Am I actually paying for 18 months when I buy an original name?? Of course go daddy tells Me a lot of the time when domains go into the expired status… because most owners just forget they own them and they have the oppertunity to reclaim them for $80+. ??? it all just seems a bit under the counter to Me. AND yes they should have a compleatly seperate auction site showing the expired domain auctions as it seems like a bit of bait and switch… I do not think alot of people would invest as much as they do with all the additional charges without the spectacular results of expired domains showing on the auction site.

sir_roxalott said 2 years, 8 months ago:

any way thanks for all the insight! as I see a challenge… I will only try harder to make it work for Me, I have in no way given up on this little endeavor or godaddy.
Rick.

vikasone23 said 2 years, 7 months ago:

I recently joined godaddy auction with lot of hopes. But I shocked to know about this. I am afraid whether my domain will be listed in most active or not. I have checked that list and most of domains are expiring.

I think its high time for godaddy to differentiate between expired domain and new domain name to sell newcomer to sell there domain. This way also godaddy is going to make profit, then why there is so much jumbling.

They can put their expired domains in some other window with some attractive heading and new domains in other. Otherwise it will restrict growth of newbies to enter in this field.

I sincerely request godaddy to please think about it.