The BuyDomains auction run through GoDaddy has ended. There were 150 domains listed and my unofficial count is 1 domain sold (MakeupArtists.com for around $4,500). The list of names was actually pretty decent, I bid on 8 domains myself. But I’m not going to overbid the market in order to try to hit a reserve price. I don’t see the point in setting up an auction where the majority of bidders is going to be domainers and then set the reserves above reseller pricing. To be fair, there was some domains whose bids were well below reseller pricing, but there were also domains whose bids were in the reseller price range but did not hit reserve. If you want to set reserves above the reseller range you need to market the auction to end users. I only knew about the auction because I visit the GoDaddy auction site daily so how is the average end user supposed to know about it?
And I thought there wouldn’t be any auction that performs worse then the typical Snapnames Spring/Fall/Special auctions… I was wrong.