The “gripe” has come up several times over the last few years regarding Namejet. People want Namejet to list whether a domain that is for sale is expiring or from a private portfolio. And the reason most people want to know this? Because they do. Because its “shady”
I raised this question over at a post from Raymond at HybridDomainer yesterday. I was curious why it was such a big deal that the two were mixed together. The answer is always come back the same. ” It’s not “cool” to not reveal the difference”. No data, logic or stats to back up any real value to differentiating the two. They say I have an agenda. It is right. I want to sell domains. I want to buy domains. That is my agenda.
In my opinion, Namejet has the best quality names up for daily auction on the net. Each and every day you can find names of quality to purchase. Some are expired, some are from private portfolios. It is this combination that provides the quality. Godaddy also has quality names each day but the names under their management dwarfs all the other registrars and gives them a large enough group to have decent names most days. Namejet has several different registrars that come into their expiration pool but it certainly wouldn’t be nearly as trafficked if this was all they offered. There is a reason nobody goes to Snapnames any more. They don’t have the quality any more. Namejet does and this is why they lead the pack.
So again I ask. Why is it important which type of name it is? The quality of the domain is in no way determined by its owner. Do you look at a domain and come up with different pricing depending on whether its expiring or privately sold? “I was willing to pay $600 for it but now that I know its not an expiring name I only will pay $400” Sounds silly doesn’t it. Raymond of HD said it sounded like I was taking it personal. What he mistook for anger was actually confusion.
I am all for transparency. But the transparency I want is so that I have all the correct information I need to make a good financial decision. I want all the data that would effect the value of a domain. Who owns it presently doesn’t make a difference to me. My favorite quote from Ray’s blog “I do not like buying ‘sellers’ domains on NJ as much as expired names”. I’m not sure how a name that someone let expire or forgot to renew is better than a name being put up for sale.
My only concern is that if I buy it, I am going to get it. We all know that Namejet delivers almost 100% of the time. If you buy at Godaddy you never quite know as the owner could renew at any time. Sometimes as a result of domainers contacting the owner and working out a private deal. No fault of Godaddy but it happens. At Namejet, the domains have been secured to be for sale whether its a private seller or expiring. Either way, they are for sale. And isn’t that what you want? A place to buy quality domains. A place that may offer a good deal if you search the lists each day.
I stated several times that I am fortunate enough to be one of the private sellers on Namejet. A relationship I built many years ago when the private sellers were first being introduced. They were introduced to give quality to the daily offerings. Not to confuse or dump names, but to make sure that buyers had a reason to come back. Yes, it offers liquidity to the portfolio owners that have the honor of selling through the platform. But isn’t that how business works? You are trying to sell products so you seek out the people that have the best product. The only reason to label the source of that product is if it effects the value. Being made in China or England would. Expiring or being sold by me doesn’t. Other than to appease someone’s curiosity.
Whether Namejet does or doesn’t differentiate the two is of no concern to me. I don’t think it changes anything. “Because I want to know” or “I need transparency” are nice answers but they are not reasons. I could care less if they put a giant Panda bear next to the private names. As long as there are some good names to buy. Also, I challenge anyone to prove that things are “shady”. And to answer the “why do I care so much” question. I care because I “call out” as many or more people and companies that any blogger out there. I want transparency for shady behind the scene things. I want people to share their conflict of interest. It’s not about negativity, it’s about getting all the info out there so we can make intelligent business decisions. Adding data that provides no relevant info is just semantics. And if I wanted semantics I would ask my 12 year old daughter to clean her room.
PS: If you really care, just look at the whois and 9 times out of 10 you can find out