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Hilco
Streambank EVP Jack Hazan
said, "This is a natural
progression for our brand as we
continue to come to market with
exclusive offerings of valuable and
iconic intellectual property assets.
The HilcoDomains.com site will be a
platform that is easy to navigate
and will enable bidders to
participate in our exciting domain
auctions on a more regular
basis." Hilco
Streambank Director Dmitriy
Chemlin
noted, "In
the past we piggybacked on one of
our affiliates sites created to sell
machinery and equipment. This will
be an exclusive domain sales site.
We will focus on holding only high
value premium domain auctions and
will hold them on a regular basis.
We don't expect to have non-premium
domains on auction alongside these
unless they are directly related."
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Gavel
graphic from Bigstock |
HilcoDomains
will kick things off July
31, 2014 when bidding will
open on LOA.com, Essential.com
and Essentials.com (with
no reserve on the
latter two names). Those
auctions will close on August
7. The
bidding process will
differ depending on the assets
for sale and seller
preferences. For this kickoff
auction bidders need to register
and place a $500 deposit to
become qualified to bid.
Winners will have three days
to pay the purchase price.
Chemlin said, "We
have been seeing active
registrations since launching
on Wednesday. Members consist
of both end users in companies
known for purchasing domains
as well as domain
investors." |
Prior
to launching their new platform
Hilco Streambank booked several
undisclosed six-figure sales as well
as large IP packages, one that
included domains such as Borders.com,
for $15 million and another
that included CircuitCity.com for
$17 million. Their reported
domain only sales have included DL.com
at $210,689, Dots.com
at $335,000, 800.com
at $250,000 and Bargain.com
at $150,000. Chemlin said you
can expect to see more one-word
generic, brandable and premium
domains in future auctions. |
