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Finally Here - Well Almost - The Dutch Auction Site For My Domains

Auction Bidders

I’ve been talking about this for almost 10 years, boring friends to sleep by insisting that Dutch Auctions are the best way to sell premium domain names. Now, I’ve finally built something.

What Is a Dutch Auction?

A Dutch Auction is an auction where the price drops until someone places a bid. The first bid wins, the auction ends, and the buyer pays that price.

Wouldn’t it make sense for a potential buyer to wait until the price hits zero? In theory, yes, but the risk is that another buyer could jump in first. Once that happens, there’s nothing they can do - the domain is gone.

Why Build It Now?

I finally got around to building this for two main reasons.

First, I was developing a platform for HGV.co.uk and HGV.uk (which will launch on the .uk domain). This platform allows transporters to list loads and hauliers to bid on them. Unlike a traditional reverse auction, where bidders compete by offering lower prices, in this system, the price increases, and the first bidder wins. Once I built that, it hit me: with a simple code adjustment, the price could go down instead—exactly the Dutch Auction system I’ve been advocating for years.

Second, I want to offload some of my higher-end domains, particularly my .co.uk names. As many of you know, I strongly believe in .uk domains and think .co.uk isn’t necessary for new projects, which is why I’m listing them for sale. Some of the names I'll be listing are Genesis.co.uk, Success.co.uk, Reality.co.uk, Guard.co.uk and many more.

This project isn’t driven by the recent spike in SEO domain prices—I actually started building it in November, which, for me, means three months is pretty quick! I’m unsure how SEO domains will fare in a Dutch-style auction. If two serious buyers are involved, it might be better to sell them on Domainlore. I’d be curious to see if someone picks up one of my older SEO domains here and flips it on Domainlore for a higher price.

Why I Think Dutch Auctions Are Best

There are several reasons why I believe Dutch auctions are the way to go. I've listed my top three, but there are many more—ranging from buyers not wanting to wait seven days for an auction to end to the potential for both great bargains and the risk of overpaying. Ultimately, no one will truly know who got the better deal.

Here are my top three reasons why these auctions work well for domains.

Just One Determined Bidder Required

1

As a seller, you only need one dedicated buyer to secure a good price. In a conventional auction, you need two committed bidders to drive up the price. Most of us wait years for that determined end user. What are the chances two end users come along at the exact same time?

A Dutch Auction usually means you only need one determined buyer to get an end user price.

Believe In FOMO

2

Fear of Missing Out (FOMO) is the biggest advantage of Dutch Auctions.

Imagine a buyer sees a domain they want, and the price is dropping. They hesitate, but they also know that at any moment, someone else could buy it first. That fear pushes them to act.

Unlike traditional auctions where bidders can respond and counter-bid, Dutch Auctions don’t allow that. The urgency encourages buyers to move quickly, often leading to higher prices for sellers.

Increased Chance of a Quick Flip

3

In a conventional auction, domains generally sell for their true market value, as multiple domainers compete to determine the final price.

With a Dutch Auction, however, the true value is unknown. Did the buyer overpay by bidding too early? Did another buyer wait too long and miss out? Because of this uncertainty, buyers may receive offers from people who missed out, looking to pay slightly more—creating an opportunity for a quick flip.

Previous Use of the Dutch Auction System for Domains

I believe Dutch Auctions work well for domain sales because I saw them succeed over 15 years ago on Acorn Domains - more than likely even before Domainlore launched in 2009.

Someone (a few others followed their lead) set up a manually run system where the price dropped every hour on the hour. At the time, there was no alternative auction site for .uk domains, but my memory is that it worked remarkably well. Domains often sold for higher prices than expected.

Building the System

The platform is built on Joomla, which I’ve worked with for nearly 20 years. Unfortunately, there was no off-the-shelf solution for this, so a lot of the system had to be custom-built. I won’t lie - putting this together so it runs mostly automatically was mind-boggling at times and really took its toll.

Could It Fail?

Absolutely. But I’ve always wanted to try this, and even if it doesn’t work out, it won’t be a waste. The platform was initially built for the HGV project, and adapting it to domain sales has been a valuable learning experience.

I’ll still list some domains on Domainlore, particularly those tied to joint ventures. If you see some of my domains there, don’t assume I’ve given up on this project - it’s simply part of an agreement to sell them via Domainlore.

Where to find it

The auction site will be located on That.uk and should be live in the next few days.

Everyone is welcome to bid.

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