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Originally Posted by EscortBiz
why would u say that? I just think this will bring reality back to some domain owners that unless you have a super solid domain you aint getting much for it
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Because Rick Latona and staff should of known better than to accept those domains for live auction at those prices. It also didn't help that there bidding platform failed and they seem to not have a clue as to what they are doing. They gave this auction horrible PR and are literally giving the Extended auction zero PR.
They sold 27/264 domains in the live auction, that is horrible. The extended auction has almost 400 and tons are missing including one of my own, they have yet to update the proxibid list and fail to give any/real updates as to what exactly is going on with it.
I had a LOT of hope for this auction and was excited to have a couple domains in it, but after this, I am not sure I would ever submit another domain to Latona's TRAFFIC, especially considering they are now holding these two domains to a 60-day hostage if it doesn't sell. Which to me is completely unfair considering they have not done their part on marketing and they should honestly void any and all contracts to domains that didn't sell.
Btw, the two domains I submitted are VERY reasonably priced dictionary .com's and .net's with ton's of age.