Today is the start of the first ever Geo domain only auction in a mainstream auction house.  Sedo.com has some outstanding geos listed for sale.  It will be interesting to see the interest involved in these and the prices they sell for.  One thing that is hurting the domain industry somewhat is the current recession in the US.  Hopefully this does not hinder the auction.  I am looking forward to reporting a successful auction for the Geopreneurs who have placed their geo assets on market. Click on the logo to view the auction.

Good luck to all!

The partial list of premium names to be auctioned at the Traffic Expo in Las Vegas was released today.  There are some outstanding city.coms being auctioned off that will draw a bidding war if the reserve price has been set to be competitive.  

Lately, alot of city.coms have been placed on the market offering a rare opportunity to become a city.com owner.  Recently, Rick Latona placed Shreveport.com and Bossier.com on the market for $140k for both.  Additionally, Yemen.com sold at auction for $100,000.  Now the owners of SanJuan.com and SanDiego.com are placing their gems on the market and you can bet they will find new owners during the Traffic Expo.  The new owners of these domains will instanly become known world wide as these are hot locations for tourism.  I have placed some stats for your viewing.  I can only hope that one of you blog readers becomes the new owner of one of these outstanding city.coms.   

Looks like both domains were financed thru Domain Capital when initially purchased.  It could be that the owners failed to make timely payments and Domain Capital is looking to recoup loses.  Of course this is just my opinion of the current situation, or  It may be that the owners just want to sell these gem city.coms for a huge profit!   

SanJuan.com according to Alexa the site receives 2,529 U.S. visitors per month.  Google has a total of 55 million search results

SanDiego.com according to Alexa the site receives 26,685 U.S. visitors per month.  Google has a total of 283 million search results

Some additional geo names that will be placed on auction: 

Vegas.mobi 
Hollywood.mobi

DomainFest concluded their live auction today.  The auctions resulted in selling over $3.1 million in domain sales for both days.  There is still the extended auction of 1,700 names taking place that will add to the bottom line.  Overall, this was a big win for the domain industry in the state of the economy at this time.  The Traffic Expo is the next conference scheduled for domain auctions.  We are off to a great start in 2008 and we are slowly proving that the domain industry is recession proof!

I will be reporting once again live for the DomainFest Auction.  It was very popular yesterday, and many readers enjoyed it very much.  I will be reporting Domains Sold for over $25,000 during this session and include a total running tally.  Everything seems to be working fine with the streaming video at this time.   I hope to communicate the excitement in the auction room thru the blog in words.  Please leave comments and tell me if its working.  It is always good to have historical records on events like this.  The auction is very exciting to watch, and I hope to reveal that to you thru the blog.   I will keep updating this post, so please check back often to see the recent Domains sold.  Domains added to the sold list will be in BOLD. 

beijing.net  $50,000
bookmarks.com  $ 300,000    
businessdegrees.com  $26,000
cavemen.com  $25,000
clandestine.com  $25,000
crocodile.com  $45,000 
eyesurgeon.com  $32,500
females.com  $90,000 
fishing.net  $52,500
flightinstruction.com  $27,500
fraudprotection.com  $32,500
no.org  $37,500
holland.net  $27,500
intimate.com  $80,000
joysticks.com  $67,500
kathy.com  $65,000
knee.com  $37,500
loseweightfast.com  $40,000
lowinterstloans.com  $35,000
onlinetranslator.com  $32,500
aux.com  $30,000
learners.com  $45,000
patriotic.com  $25,000
photograph.com  $195,000
politics.net  $35,000
porn.net  $400,000
publishing.net  $27,500
useddvds.com  $25,000
went.com  $25,000
wineguide.com  $32,500
yemen.com  $100,000

The DomainFest final auction will start in approximately 50 minutes.  Before DomainFest started, there was alot of talk about them setting new auction records.  They have a very strong list of premium names being auctioned off today.  It is not going to be easy to get a good deal with a room packed with eager domain investors.  We will see some huge sales today and only time will tell if DomainFest will set a new conference auction record today.  If they do, they will become the new leader in the domain industry. 

Make sure to check back in 45 minutes for by the minute updates on bidding action.  

Some Premium Names Being Auctioned Today with A Reserve over $75,000:  How will they do?

adblocker.com  $150,000
approve.com  $225,000
authorize.com  $599,999
bookmarks.com  $250,000
checkout.com  $450,000
cups.com  $99,000
dominatrix.com  $200,000
dude.com  $1,100,000
ar.com  $225,000
ic.com  $200,000
encrypt.com  $75,000
face.com  $500,000
iq.net  $150,000
homeinspector.com  $75,000
invitro.com  $150,000
isla.com  $100,000
message.com  $200,000
militarysurplus.com  $75,000
natural.com  $949,000
neighborhood.com  $350,000
newyork.net  $325,000
etv.com  $300,000
iab.com  $100,000
photograph.com  $150,000
porn.net  $400,000
racetracks.com  $90,000
soapoperas.com  $100,000
southpole.com  $95,000
stills.com  $200,000
exams.com  $175,000
supremecourt.com  $300,000
triallawyer.com  $100,000
upscale.com  $100,000
rex.com  $225,000
athlete.com  $150,000
allergydrugs.com  $100,000
decongestants.com  $150,000
track.com  $120,000
theatertickets.com  $250,000
smartinvesting.com  $100,000
gamers.net  $75,000
greencardlottery.com  $85,000
planners.com  $75,000
tasks.com  $90,000
onehitwonders.com  $80,000
grass.com  $100,000

Ron Jackson conitues to report from the field at DomainFest.  Unfortunately, we will have to wait until he publishes his report to find out the subjects Frank Schilling discussed at the Town Hall Meeting.  I am sure there were many great questions asked and answered by Frank.  He is a rare breed in this industry, and he is a very inspirational speaker.   You can feel the energy he omits just by reading his SevenMile.com blog.  DomainFest concluded with another party at the Highlands Night Club ending the exciting and informative day.   Today will be full of action as the final auction will be held and reported live on the SimplyGeo.com blog.  Make sure you tune in at 4pm-7pm pacific time to get upto the minute auction results.  They will be posted on the blog as they occur.  You can read the full article from Ron (HERE) 

This was a very exciting auction held today at DomainFest that just concluded 5 minutes ago.  The auction was held at the Renaissance Hotel in Hollywood.  The list of names on auction today were not very impressive, however, SnapNames.com was able to sell over $819,000 in domain sales today.  The big name of the day was alimony.com selling for $75,000.  There were no huge sales, however, tomorrow I think we will see a different result with prices soaring on the coveted  domains being auctioned tomorrow.  SnapNames.com has saved the best for last and you can bet the big dawgs will be out in full force tomorrow.  This is a rough estimate of the Auction until the official results are posted by DomainFest.  I will be reporting live once again for my readers, please check back tomorrow night for the same action.