I’ve been a member at Pool.com for years. For those unfamiliar with Pool.com, it’s a service that attempts to buy domain names the very second they are deleted (when their previous owner forgets or decides not to renew). The domains then go to auction and everybody who paid $60 in advance for the particular domain name gets to then attempt to outbid eachother. I’ve been on the bidding end before, but, just about a week or so ago I decided to put one of my domain names up for sale in their aftermarket auction system. Unlike the auctions for expired domain names, their aftermarket auction system is open to any bidder.

The way they have their system set up is pretty well thought out. To avoid fraud, they require all domains that are being auctioned to be transfered into their possession prior to the start of the auction. This way sellers can’t back out if they don’t get a high enough sale price. Instead, it’s simply up to the sellers to enter a good starting price.

Anyway, I’ve just listed my first domain with them. I started it around $1,000 and it will be interesting to see what happens. It could go for a lot more or it could not sell at all. There’s no way to predict what will happen. Pool.com does receive a great deal of traffic on their domain auctions, which is why I wanted to try their service out for myself finally. Speaking of domain name auctions, the biggest Moniker.com auction to date is just a few days away. Moniker auctions are always exciting because they are live and all of the bidders are sitting in a physical room with a real auctioneer. I’ll try to post about how that turns out as well.