What Everyone Ought to Know About Geo Domains

I’ve got a real interest in Geo Domains as I think that they have a lot of potential for future appreciation. As well, coming from a competitive webmastering background, I could see how the right Geo Domain could provide a substantial competitive advantage. In fact, the first major domain purchase I made was a Geo Domain.

Because of this, I was happy to see the launch of Simply Geo a few months ago. This is a blog devoted solely to the Geo Domain industry. Despite its youth, the founder of this blog, Steven Morales, has managed to turn his blog into one of the must-read blogs of the domain industry. As well, he has started a corresponding forum at SimplyGeo.net. If you are interested in Geo Domains, these two sites are now the authoritative destination for the field.

So, I was really happy that Steven was willing to take the time out of his busy schedule to answer some of my questions about the Geo Domain industry and provide such comprehensive and informative answers to my questions. Here is what Steven had to say:

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Geo Domain Sales

Further to my recent post on the results of Moniker’s recent Geo Auction, a couple nice geo domain sales were reported at DN Journal:

Mallorca.net – 25,000 Euro = 36,653
MarshallCounty.com – 5,600

All things considered, some very good sales.

Moniker’s Live Auction Flops

I spent the afternoon (I’m on the East Coast) watching the video feed of Moniker’s Live Auction at the Geo Domain conference. Unfortunately, the auction was a big flop. While there may be last minute adjustments, at the close of the video feed, the total value of the domains sold was $435,000. $200,000 of that came from just one sale – Perth.com. None of the most publicized domains, like Wallstreet.com sold.

The auctioneer, who did a great job under the obviously difficult circumstances, was practically begging people to bid at some points. It was clear that he was very uncomfortable with the whole situation. The auction was scheduled to last 5 hours and barely went over 2 hours.

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