DotBroker.com Launches as Domain Auction Site
The company said that the site opened Monday and within 48 hours, private sellers had posted more than 500 names.
A $5 fee is collected to encourage serious traders. When a name is posted, a minimal charge ranging from $1 to $3 will be collected. Five to 10 percent of the sale is collected upon the sale of a name. For this, DotBroker said it will assist in escrow services, InterNIC modifications and sale arrangements.
Websites.com and Drugs.com are set to open bidding at $100,000 each. Websites.com is said to have a reserve price nearing the $1 million mark, with Drugs.com's reserve rumored to be much lower. The names are expected to sell well beyond their marks, the company said.
"Websites.com and Drugs.com are both high-profile, with immediate name recognition," said Eric MacIver, president of DotBroker LLC. "Any start-up company would benefit highly from the acquisition of either of them. Those names could create an entire identity for a young company."
DotBroker is a project designed, developed and managed by Sandline Productions.
December 3rd, 2008, posted by mike