its a nice sale

DomeBase : this is tooo funny ....
... am i right , that the $'s made from .biz sales are not good either..what about the .orgs..?
but now back to the .info sales:

Banks.info $ 1800 at afternic
Digit.info $ 200 at afternic
Austin.info $ 600 at afternic ( Austin.biz $ 4500 at sedo)
olymp.info EU 900 (sedo)


and other interesting sales:
marine.biz 1800 (sedo)
Gesture.com $ 8500 (afternic)

Originally posted by wolfis.com

Austin.info $ 600 at afternic ( Austin.biz $ 4500 at sedo)

That's a nice sale or sales. Is that the price of the biz that sold, or offered? Maybe some of the people who bot the last of those city info drops should turn them right around on afternic. No more drops on cities that I can see for a while. Guess we'll have to hope that afilias forces those holders that actually claimed trademarks on some of the cities to cough them up when then expire. Don't count on it though.
Doc

.. that is the amount the domain(s) sold.
i guess the same person(s) wanted to cover all the bases..

Austin.biz has actually been sold at Sedo and the money changed hands. Austin.info is still in escrow at Afternic and that sale has not been completed yet (just checked on it again today*). A lot of the details are in the new weekly Domain Sales report at Domain Name Journal which was just posted a few minutes ago:

Domain Name Journal Domain Sales Report

*Keep in mind that Afternic posts a sale on their site when an auction ends (not when the domain has actually gone through Escrow and changed hands). We don't report them as sales until they have actually been completed, because all auction sites have "sales" that frequently fall through due to bogus bidders.

Then us city .info's are worth population/1000 for resellers.
Chicago.info should be worth around 3000, but i was willing to pay 5000 in lr2.

Originally posted by zxc
Chicago.info should be worth around 3000, but i was willing to pay 5000 in lr2.

Along those same lines I'm actually paying less to aquire names now, via auctions, than I paid to aquire names during LR1 and LR2.


So if all you speculators wish to continue sitting on your .INFOs for another year or two I'm all for that -- Just means I'll be spending even less to get your names in a few years time .... Please continue to keep those high profile .INFO's out of circulation so as to continue to hold back .INFO's recognition.

Chicago was well worth that 5k!

Originally posted by ILikeInfo
Along those same lines I'm actually paying less to aquire names now, via auctions, than I paid to aquire names during LR1 and LR2.


So if all you speculators wish to continue sitting on your .INFOs for another year or two I'm all for that -- Just means I'll be spending even less to get your names in a few years time .... Please continue to keep those high profile .INFO's out of circulation so as to continue to hold back .INFO's recognition.

You can get some .info cheaper now than you could in the landrush, but the majority of .info names you would not be able to acquire for your lr2 bid.

Originally posted by zxc
Then us city .info's are worth population/1000 for resellers.
Chicago.info should be worth around 3000, but i was willing to pay 5000 in lr2.

My guess is that the relationship between population is not exactly a linear one... I think value drops off rapidly below a certain level (not sure where... perhaps 20,000?) and grows at a non-linear level for certain prominent cities (of which Chicago would be one).

I must say I that I am surprised to see Austin.biz going for more than Austin.info. There once were restrictions on .biz with respect to being a site -- anyone know if there was a site or business associated with Austin.biz or was it just the domain?

Originally posted by DomeBase
There once were restrictions on .biz with respect to being a site -- anyone know if there was a site or business associated with Austin.biz or was it just the domain?

People get busted for jaywalking in a ghost town more often than that rule is enforced.

I think the seller at Afternic just accepted far too little for his domain. Austin is a really cool, constantly growing city and the capitol of a major state (not to mention all of the people named Austin). I think the domain was worth much more than he or she let it go for.

Originally posted by DomeBase
My guess is that the relationship between population is not exactly a linear one... I think value drops off rapidly below a certain level (not sure where... perhaps 20,000?) and grows at a non-linear level for certain prominent cities (of which Chicago would be one).

I must say I that I am surprised to see Austin.biz going for more than Austin.info. There once were restrictions on .biz with respect to being a site -- anyone know if there was a site or business associated with Austin.biz or was it just the domain?

Since the majority of buyers for the these names is going to be real estate agents, more important than population is real estate value. A low income area is not going to be nearly as valueable as a .info vs. a smaller city with expensive property.

Hence my very valuable all-beachfront community package of .info's, now available in the SALES section

Originally posted by ILikeInfo

So if all you speculators wish to continue sitting on your .INFOs for another year or two I'm all for that -- Just means I'll be spending even less to get your names in a few years time .... Please continue to keep those high profile .INFO's out of circulation so as to continue to hold back .INFO's recognition.

The above remarks remind me of the following:

Long time ago, during my younger years, I recall some select folks owned relatively large chunks of land not too far from the city where I lived. Much of the land would either be undeveloped or just used for farming. In the beginning, there would be only an occasional buyer willing to buy that land at a price consistent with the value of a residential or commercial property, while most of the wise owners would not sell it for the price of an agricultural land. Many, I remember, would have a rather complex subliminal grudge against such landowners since they would neither use their land in a proper manner (develop it) not would they sell it to others at the price of farm land. Time passed by, and in a few short years, the entire landscape changed and all that land was developed either by the original owners but mostly by those who were willing to pay the right price!! ...

The issue has never been *IF*, if it where my ID here at DomainState would not be ILikeInfo.

The issue is *WHEN*. As you yourself note the stalemate ended when development started. Holding land unused cost taxes, the relavent tax on domains is trivial .....

You'll all get the higest rate of return if .INFO is popular sooner rather than later .... Same as for land since those that purchased the land latest (ie closest to the point where values increased) got the greatest rate of return .....

Originally posted by ILikeInfo
The issue has never been *IF*, if it where my ID here at DomainState would not be ILikeInfo.

The question is not whether there is fondness for the property itself, whether it be the land or .INFO domains, but rather the feelings for those who "own" it and are holding onto it without "doing something with it"...in other words "speculators".

[i]The issue is *WHEN*. As you yourself note the stalemate ended when development started. Holding land unused cost taxes, the relavent tax on domains is trivial .....
[/B]

The development has already started and will follow its own course depending on numerous variables, primarily market forces, independent of any single individual or even group of individual's action (or inaction for that matter). Vast majority of development in .INFO space so far has been for non-Tier 1 names and that's not neccesarily a bad sign....even many many prime .coms are yet undeveloped...there's just a need to chill down a bit. Its also not true that holding land "unused" cost taxes all over the globe; .INFO is afterall a global tld and does not have to follow the American tax code!! Moreover, an owner of a big chunk of this virtual property does end up with a pretty hefty "tax" in the form of annual renewals...if this was not the case, there won't be this excitement of decent "drops"!!