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Halvarez Registrant Of Parked Domains – Who’s Getting The Ad Revenue?

November 10, 8 Comments

Given Snapnames opened up their auction history, I decided to login and take a look at some auctions where I’d encountered Halverez – there were quite a few. It was like a trip down memory lane…. I remember back in 2005 when I bid on …. :-)

While plowing through the results, a few things came to mind when I reviewed this auction below:

Question #1

Should people be compensated by Snapnames when they lose the auction to Halverez? In other words, Halverez ends up with the domain name they were bidding on?

Snapnames has stated they ” will offer a rebate, with 5.22% interest” but that’s only to those whose bids were inflated by the fake auction bids.

Question #2

What is Snapnames going to do about domain names that are currently registered to Halverez? The current whois record for this name that I lost at auction, has known contact details for Halverez. The creation date matches up perfectly to the auction date.

Question #3

Who is receiving the revenue from domain names that Halverez “won” at auction? For example, the domain name I lost to Halverez above is currently parked:

Who has been making money from this domain? How many other domains are there like this? In terms of compensation, how do you put a price on lost opportunity cost, revenue from parking/development and revenue from domain sales?

This is starting to take shape now that there appears to be a Class Action Lawsuit filed.

Tell us what you think! Have you have lost to Halverez? What happened?

Halvarez Stimulus Check From Snapnames

November 5, 1 Comment

Many of us including Acro and myself have been discussing Halvarez for years – look at this thread on DNF. This isn’t anything new. Having experienced this first hand, you can see the date and time stamps I posted in the thread!

Unfortunately we may never REALLY know what went on. What is good, is that Snapnames had the guts (some could call it a moral obligation or duty of care) to admit they had a problem and are in the process of addressing it.

Can I suggest a few questions to be added to their FAQ:

Q1. Given all the noise (some could call it evidence) in the industry, why has it taken us 4 years and 8 months to identify this?

Q2. Given due diligence, accounting standards, segregation of duties etc.. how come we failed to identify this in the first place?

————-

Dear SnapNames customer:

I’m contacting you today to inform you of an unfortunate incident at SnapNames, and to let you know what the company is doing to address it.

Recently, SnapNames discovered that an employee had set up an account on the SnapNames system under a false name and, under this name, bid in SnapNames auctions.  This is a clear violation of our internal policy and was not approved by the company.  We deeply regret that this conduct has impacted our customers.
Extent of impact
This conduct affected a small percentage of SnapNames auctions:
  • Bidding affected approximately five percent of total SnapNames auctions since 2005, most of which occurred between 2005 and 2007.
  • The incremental revenue from the bidding represented approximately one percent of SnapNames’ auction revenue since 2005.
No matter the level of impact, SnapNames takes this matter extremely seriously.  When the matter was discovered, the company immediately closed the account in question and began a thorough investigation.  The employee has also been dismissed from the company.
SnapNames further discovered that, on certain recent and limited occasions, when the employee won an auction, the employee secretly arranged to refund from SnapNames to the fictitious account a portion of the winning bid amount.
Remedy to affected customers
Though on some occasions the employee won the auction, in many instances the bidding caused the ultimate auction winner to pay more for a name than had the employee not participated in the auction.
SnapNames neither condones this conduct nor wants to be perceived as benefiting from the conduct.  Accordingly, we have decided that regardless of the circumstance, in every auction where the employee’s fictitious account submitted a bid which resulted in a higher price being paid by the winning bidder, SnapNames will offer a rebate, with 5.22% interest (the highest applicable federal rate during the affected time period), to affected customers for the difference between the prices they actually paid and the prices they would have paid, had the employee not bid in the auctions.  The rebate will be available in cash or in credit on the SnapNames platform, at your discretion.
SnapNames has moved quickly to address this situation.  The company has retained Rust Consulting, an independent third party, who will administer the rebate offer.  Within the next week, Rust Consulting will contact affected customers to provide details regarding the offer.
Your business and ongoing relationship are important to us and we can assure you that we have taken all necessary steps to ensure the integrity of the platform and reinforced controls and procedures to avoid any possibility of further breach.  These include:
  • Enhanced monitoring of bidding activity for suspect behavior
  • Additional controls over financial transactions
  • Specific domain name registration policies for employees
In the meantime, if you have any questions, you may consult the FAQs here, or contact the SnapNames support team:
By e-mail:                      support@snapnames.com
Phone:                          +1 (866) 690-6279 (toll-free in the U.S.)
+1 (503) 241-8547 (outside the U.S.)

SnapNames, and all in the Oversee family of companies, are deeply disappointed with this incident.  Since its founding in 2000, SnapNames has been committed to the principles of fairness and trust; the company wants to assure customers—through both words and actions—that it remains committed to those principles.

Thank you again for your business, and for your ongoing trust in SnapNames.
Sincerely,
Jeff Kupietzky                                        Craig Snyder
President and CEO                                General Manager, SnapNames.com
SnapNames
1600 SW 4th Avenue, Suite 400
Portland, OR 97201

Traffic Extended Online Auction – Last 5 Hrs To Bid!

May 7, No Comments

For those that missed the live auction at Traffic ( like me ), the Extended Auction is a great opportunity to bid on a few names.

I’ve been closely watching a few of them and its coming down to the wire. Here are a few interesting names across multiple price ranges, that I’ve hand picked.

zeel.com – $775.00
saskatoon.net – $660.00
prot.com – $525.00
superhero.net – $485.00
joystick.net – $550.00
orlandohotelrooms.com – $485.00
helicoptersforsale.com – $450.00
imply.com – $1,380.00
entrepreneurs.info – $375.00
epick.com – $375.00
flowerstands.com – $375.00
n81.com – $535.00
adulttelevision.com – $665.00
assaulted.com – $640.00
bar.biz – $375.00
born.info – $375.00
clicknews.com – $2,460.00
contactlenscleaner.com – $375.00
cutlery.info – $350.00
deliveryboy.com – $1,280.00
duty.net – $640.00
forecast.info – $350.00
franchiseopportunity.net – $350.00
inaugurations.com – $350.00
internetbroadbandphone.com – $350.00
gotrich.com – $1,950.00
investigations.info – $325.00
laptopbatteries.info – $325.00
millionaire.org – $6,140.00
squatter.com – $3,400.00
terrorist.org – $1,230.00

With names as low as $325 there are definitely a few bargains. Let me know how you go.

My Easter Present = A Domain & Namecheap Coupons

April 9, No Comments

easter bunnyWhile eating my hot cross buns this morning I received an email from Snapnames support. It seems that 4 months ago I won a domain at auction and did not receive the credentials from the registrar, Directi.

This wasn’t a pro-active step on the part of Directi or Snapnames; I had contacted Snapnames after winning the auction requesting their assistance to get the credentials. When I logged into Directi I noticed that auto-renew was conveniently turned OFF.

Here are the lessons I learned (again) from this experience:

  1. Keep track of the domains you win at auction.
  2. Ensure you are sent the credentials – if you don’t get them, follow up with the auction/backordering company.
  3. Have your default DNS settings (at the auction company) point to your favorite parking company.
  4. Add the domain name to your parking company a few days after you win the auction.
  5. When you get the credentials, transfer the domain to your favorite registrar – that way you dont have domains spread everywhere.

Points 3 and 4 will ensure that when the transfer happens, you start earning $$$ immediately. The domain I won had traffic and was directed to my favorite parking company. Unfortunately I did not add it to my portfolio! As such, the parking company has made 4 months of revenue from it. This makes me wonder; what is the % of names pointing to a parking company that don’t have an owner? Must be a nice little earner for the parking company!

I eneded up transferring the name to NameCheap. While doing that, I tested out a few coupons. Here are the ones that work today:

SWITCH2NC – $6.99 transfers
7TULIPS – $6.99 transfers

Happy Easter!

SnapNames Terminates The Names Registration

April 8, 2 Comments

Late yesterday I received an email notification from Snapnames regarding the termination of their relationship with The Names Registration, Inc. What was interesting to me, was the recommendation to transfer my names (that I had acquired through the Snapnames process) to another registrar.

The only problem with their email was that it didn’t tell me what domains were with that registrar. I didn’t know if it was 1 or 100. It turns out that the support staff at Snapnames couldn’t tell me either! Thank goodness I had kept all of my backordering emails, auction results and other little gems in an archive. A quick search found that I had previously transferred the (1) domain away.

— starts —

Our records show that you have registered one or more domain names at
The Names Registration, Inc.  SnapNames will be terminating its
relationship with The Names Registration, Inc.  While that will have no
direct impact on your name(s) registered with The Names Registration,
Inc we nonetheless recommend that you transfer your domain name(s) to
another registrar well before the name is set to expire.  We will assist
you in any way that we can, but please be aware that we have no ability
to control or influence the operation of The Names Registration, Inc.

If you have difficulty locating the domain names registered with
The Names Registration, Inc you may download your registration history
from your SnapNames account and search for The Names Registration, Inc.

SnapNames.com

--- ends ---

Did you get an email from Snapnames? How many domains did you transfer?

Slept In, Missed The Auction, But Found Some More Names….

January 19, 1 Comment

sleep vs domaining - what a hard choiceOver the past week or so I’ve observed a number of premium names in the drop process. While not unusual I was surprised at how low they went for.

I’ve always maintained that now is a great time to buy domains. Those that are focused on the short term (or need cash to pay off their mortgages) are selling or simply not renewing. Those with cash (who are buying), have less competitors in auctions because some people don’t want to spend.

Here is an example of a name that went for more than $2,300 this morning over at NameJet. It was InternetMarketing.org. To be honest, I was in the auction but decided to sleep in on Sunday. :-) The drop times are not that attractive to those outside the USA.

After I got up and had a coffee, I decided to have a look over at Snapnames and found some great domains with low starting prices. Check them out:

My favorite is of course tuition.com, followed by ferriswheel.com. Tuition is highly searched on, just think of all the college students! People are addicted to going on FerrisWheels, so having FerrisWheel.com might be a good novelty / niche site.

Auction Won: In Your Registrar Account = Not Your Domain?

October 18, 2 Comments

At what point is a domain name yours? When you have won the auction and its in your account at the registrar? Think again.

On Feb 2, 2008 I won a Snapnames auction with a final price of US$173. The domain has more than made its money back, yesterday it made US$1.50.

When I won the name at Snapnames, the registration provider was ItsYourDomain.com. The domain expires in December 2008 – so I thought it was about time that I transferred it out to another provider.

Over the past few weeks I’ve been trying to get the name transferred. The domain is in my account, I have the auth code, transfer shield was disabled – everything is ready to go.

The only problem was that it appeared that SecureWhois appeared to be on and therefore my new registrar couldn’t send emails to the admin and technical contacts. Here is what it looked like:

Registrant
Pending Renewal or Deletion
SecureWhois, Inc.
pend...@onlineaccess.net
96 Mowat
Toronto, ON M6K 3M1 CA
+1.4165385428
+1.4163520113 (FAX)

After a number of failed requests to disable SecureWhois, I received this email from their Technical Support staff:

It looks like the domain had expired long time ago and was deleted from our system, it is now in pending delete status at the Registrar level. If you are interested we can check the price to get the domain back from the registrar.

I was thinking… wait a minute…. something isn’t right here… I won this thing in Feb! So after writing back to their support dept asking them to “get the domain back immediately” – I decided to give them a call…. and by some miracle, they answered their support number!

It turns out that I never received the domain in the first place! Although the name appeared in my registrar account and I could make changes to it, the domain was “marked in the system” as being a backorder, and not actually “allocated” to me. After feeling somewhat in the twilight zone, I was told that they would immediately put a request through to allocate it to me and that I should see the change in the whois record. Sure enough, the change went through. That domain in my account that I’ve been making $$ from is now… well… mine.

What’s the lesson learned from all of this? Just because you see a domain in your account at your registrar, doesn’t mean its yours! Check the whois record.

P.S. Yes, this is a separate issue from yesterday. I don’t know whether its the “law of attraction” here, but everything seems to be happening at once!

Think You Won That Snapnames Auction? Think Again!

October 16, 4 Comments

Yesterday I won a Snapnames auction and paid for the name. 24 hours later I received the following email from Snapnames:

—-

Dear Simon,
I am sorry to have to inform you of this, but there was a mistake in the auction for <SNIP>. The registrar informed us that this name was available for us to send to auction; unfortunately, the name was renewed at the last minute and we were not informed in time to stop the auction. We apologize for this inconvenience. It is a rare occurrence but it unavoidably happens from time to time. Of course, a refund has been issued to you for the $<SNIP> that you paid for the name.

If you have any questions, please let us know.

—-

Snapnames – the obvious questions are:

  1. Who was the registrar?
  2. What process have you and the registrar put in place to prevent this happening to other people?

Has this happened to you at Snapnames or anywhere else? Feel free to post and let me know.

Snapnames New Offline Business Model

August 3, No Comments

Snapnames is unavailable AGAIN! Over the past few weeks the site has been up and down like Donkey Kong.

donkey kong nintendo 1981

As I type this post, the SnapNames website reads:

We do not currently have an estimated up time. We will try to update you as we know more. It is probable that auctions scheduled to close Sunday will be moved to Monday. Check the site at 10am PDT Sunday for confirmation of that delay. We’re sorry for this inconvenience.

You don’t exactly give your customers a level of comfort by using the word “probable“. Perhaps your PR / Corporate Communications people should come up with a nice spiel for your web page when everything breaks.

It’s also interesting to note, that this time last week your website was also down.

snapnames down july 27 2008

Snapnames, what’s the deal? Isn’t it about time you provided an explanation for all this downtime?

Snapnames SSL Cert Expires

July 7, No Comments

It seems that Snapnames is still working on the problems. When you search for domains using the advanced search or search box, you get warning about a certificate expiring:

snapnames certificate expires

This is really quite strange as Overture belongs to Yahoo. When you visit the link you get:

To VIP Status: OK
Server Status: OK

The title tag changes to “Hello from Apache :-)

and then it diverts to the Overture Small Business website. Perhaps Snapnames has included some Yahoo code somewhere?

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