New TV Show For Domain Investment – Episode 1 [HD Video]

It give us great pleasure to announce the very first episode of Domainer Income TV.

The show is unlike anything you have seen before. Its run by professional domain investors who are raising standards and are bringing a new level of education and transparency to the marketplace.

Given the scale of tv series, the show will be run on its own dedicated site at http://www.DomainerIncome.TV (yes, we are putting a .TV domain to good use).

Domainer Income TV could not have happened without our team who worked tirelessly to put this together, especially Tristan on Pre Production, Aaron on Post Production, the musical genius of Sebastian our Composer and Eric with our great Set Design.

Most of all we would like to thank all the people who will appear in the series and those behind the scenes that made the interviews possible. All of these people have given up their valuable time to help educate and grow, the domain investment industry.

Episode 1

Our first guest is Oversee CEO and President Jeff Kupietzky. Oversee owns over 950,000 domain names making it one of the largest owners of Internet Real Estate in the world.

Mobile Support

For those on mobile devices, we have FULL browser support for:

* iPhone/iPod Touch / iPad
* Andriod
* Touch-Based Blackberry
* Nokia S60 series and above

If you have any of these devices, you are going to love the new site – it has been designed and optimized especially for mobile browsing! So head on over to Domainer Income TV and check it out!

$2.3 Million Of Domain Sales In 1 Day

DOMAINfest Ft. Lauderdale has sold a massive $2,386,550 of domains at auction.

Here are the details:

Dating.com – $1,750,000.00
BoardGames.com – $450,000.00
Therapists.com – $50,000.00
Antidepressant.com – $30,000.00
GolfResorts.com – $22,500.00
EFP.com – $9,950.00
GJ.net – $7,200.00
BJH.com – $6,500.00
Birth.net – $6,000.00
PatioTables.com – $5,500.00
Sentimental.com – $5,250.00
Taunt.com – $5,000.00
ArtAppraisal.com – $4,000.00
Vinyl.net – $4,000.00
QWZ.com – $3,850.00
CarSecurity.com – $3,500.00
LasVegasDiscounts.com – $3,500.00
UsedHybridCars.com – $3,250.00
CakeStand.com – $3,000.00
CaribbeanCruises.net – $2,500.00
DivorceRecord.com – $1,500.00
StoneFurniture.com – $1,500.00
SchoolTutors.com – $1,200.00
AAC.co.uk – $1,000.00
CherryTrees.com – $950.00
BudgetOnline.com – $900.00
SportsSites.com – $850.00
MicroManaged.com – $600.00
LateShows.com – $500.00
LowerUtilityBills.com – $500.00
Day.me – $400.00
CdCollection.com – $300.00
NYC.asia – $300.00
TaxTube.com – $300.00
PersonalBanker.net – $250.00

Congratulations Snapnames on the impressive auction line up and a great result.

Snapnames Files Suit Against Former Employee

This morning I received the following statement.

SnapNames, and its parent company, Oversee.net, have filed suit against Nelson Brady in federal court in Oregon.

Brady is a former employee who, under the false name “Hank Alvarez,” improperly bid in certain SnapNames auctions. In some cases, Brady also embezzled funds from Oversee by fraudulently refunding himself a share of the purchase price for names he won.

For several months, the company has in good faith attempted to settle privately with Brady to recover its losses, including the rebate fund established by Oversee to address Brady’s activities and the funds he embezzled from Oversee. Those settlement efforts have been unsuccessful.

The suit seeks over $33 million in damages, including punitive damages.

Context

· In October 2009, Oversee discovered an employee, Nelson Brady, using an account under the false name “Hank Alvarez,” engaged in improper bidding activities in domain name auctions on the SnapNames platform.

· Oversee and SnapNames disclosed the situation to its customers and employees in November 2009. Oversee made available to affected customers a cash rebate in the amount of overpayment, plus 5.22% interest (the highest applicable federal rate during the affected time period), of any amounts paid exceeding what the auction price would have been without employee bidding.

· Since that time, more than 60% of the aggregate rebate amount has been claimed.

Impact of Brady’s actions on auctions

· Brady’s conduct affected:

· 5% of auctions since 2005

· 75% of total impacted auctions were between 2005 and 2007

· Less than 1% of SnapNames auctions during this period were won by the employee

· The remaining 4% were won by SnapNames clients.

· Brady’s bidding affected approximately 1% of SnapNames’ auction revenue during the full period.

Impact of Brady’s actions on SnapNames and Oversee

Oversee will be demanding millions of dollars from Brady for the damage he caused to Oversee and SnapNames. No amount of money, however, could compensate the damage Brady has caused to SnapNames’ and Oversee’s reputation in the marketplace.

Law enforcement

In November 2009, Oversee voluntarily disclosed Brady’s conduct to both the US Attorney’s Office and to the Federal Trade Commission. Oversee will not publicly discuss anything relating to law enforcement matters.

Customer Service

SnapNames customers who have questions about the rebate offer can contact the SnapNames support team:

On the web: http://snapnames.custhelp.com
By e-mail: supp...@snapnames.com

Phone:

+1 (866) 690-6279 (toll-free in the U.S.)
+1 (503) 241-8547 (outside the U.S.)

Premium Domains In Fort Lauderdale

I just received a note from Oversee talking about DOMAINfest Fort Lauderdale.

They have created a pre-bidding system and provided a sample of their domains (which are extremely high quality). I’m not going to list them all here, so I’ve hand picked a few from their catalog:

1. Dating.com
2. Jeans.com
3. Detox.com
4. Relationship.com
5. Therapists.com
6. HardDrives.com
7. BoardGames.com

I’d be more than happy to own any of them! Happy bidding.

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

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

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?

————-

• 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.

• Enhanced monitoring of bidding activity for suspect behavior
• Additional controls over financial transactions
• Specific domain name registration policies for employees

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.

Traffic Extended Online Auction – Last 5 Hrs To Bid!

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

While 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

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….

Over 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:

• tuition.com – $60 min bid
• corporateevents.com – $79 min bid
• rentalpackages.com – $79 min bid
  
• punishable.com – $79 min bid
  
• socialiser.com – $59 min bid
• letteropener.com – $79 min bid
• ferriswheel.com – $79 min bid

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.